Title Chapter 1 Macroeconomics ✅

MACROECONOMICS SECOND YEAR M.A. ECONOMICS
UNIT- I KEYNESIAN OPEN ECONOMY MODEL Derivation of Balance of Payment Curve (BP), Policy Effects in Fixed Exchange Rate Regime, ( IS, LM and BP Approach) Policy Effects in Flexible Exchange Rate Regime ( IS, LM and BP Approach).
Meaning of open economy The economy which is making transaction with rest of the world sector is called open economy