International agencies like Organisation of Economic Co-operation and Development (OECD) and United Nations (UN) classify the countries on the basis of their economic po- sition. Accordingly, the poor countries of the world are struggling for the removal of pov- erty, illiteracy, starvation, unemployment, malnutrition, diseases, economic stagnation and environmental pollution. The book seeks to give students a thorough understanding of some fundamental facts in macroeconomics and to introduce them to methods of formal macroeconomics analysis, without requiring too many technical skills.
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