New IGNOU MEC-02 Help Book Macroeconomic Analysis in English – MA Economics Latest Edition Guide and Study Material.

Block 1 – Traditional Approaches to Macroeconomics
Classical and Keynesian Approaches
Neoclassical Synthesis

Block 2 – Economic Growth
The Solow Model
Endogenous Growth Model

Block 3 – Rational Expectations
Relational Expectations and Economic Theory
Policy-Making under Uncertainty

Block 4 – Inter-temporal Decision-Making
Consumption and Asset Price
The Ramsey Model
The Overlapping Generations Model
Money and the Role of Monetary Policy

Block 5 – Economic Fluctuations
Traditional Theories of Business Cycles
Real Business Cycles

Block 6 – Unemployment
Traditional Theories
Search Theory and Unemployment
Nominal and Real Rigidities
New Keynesian Theories of Unemployment

Block 7 – Open-Economy Macro-Modeling
Flexible Exchange Rate System
Fixed Exchange Rate System
Sluggish Price Adjustment