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Monetary policy of a globalised economy  

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PROJECT ASSIGNMENT ECONOMICS-1 MONETARY POLICY OF A GLOBALISED ECONOMY SUBMITTED BY: PRANEETH RAMANAVARAPU I.D.NO 1352 1ST YEAR I TRIMISTER DATE OF SUBMISSION: 6TH SEPTEMBER, 2004 NATIONAL LAW SCHOOL OF INDIA UNIVERSITY Nagarbhavi, Bangalore TABLE OF CONTENTS INTRODUCTION..............................................................3 RESEARCH METHODOLOGY.............................................4 CHAPTER 1......................................................................5 CHAPTER 2......................................................................7 CHAPTER 3......................................................................13 CONCLUSION...................................................................19 BIBLIOGRAPHY................................................................20 INRODUCTION Macroeconomics is the study of behavior of the economy as a whole. It examines the forces that effect large number of firms, consumers, workers at the same time. It contrasts with microeconomics which studies individual prices, quantities and markets. Many economists consider the development of macroeconomics to be one of the major break through of twentieth-century economics. Through the choices of macroeconomic policy a nation can substantially manipulate the direction in which it economy is moving. This essentially means that by employing several instruments of macroeconomics especially those affecting the money supply, taxes, and government spending, a nation can either accelerate or slow down its economic growth. It can also trim the excess of price inflation and unemployment from business cycles...

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