Include index.

Contents: 1. Money: Evolution and functions of money -- Role of money -- The circular flow of money -- Monetary standard -- Measurement of changes in the value of money -- The quantity theory of money and its variants -- Keynes' income and expenditure theory -- The Keynesian theory of money and prices -- Friedman's restatement of quality theory=y of money -- The supply of money -- The demand for money -- Keynes' fundamental equations -- Inflation and deflation -- 2.Banking: Commercial banking -- Organisation and structure of commercial banks -- Commercial bank policies and principles -- Credit creation and credit by commercial banks -- Central banking -- Money and capital markets -- Non-bank financial intermediaries (NBFIs) -- Monetary policy -- The liquidity theory of money -- 3. Keynesian theory: The classical theory of income, output and employment -- Say's law of markets -- The principle of effective demand -- The consumption function --
Saving and investment equality -- 4. International trade 5. International monetary system -- 6.Money and banking in India -- 7. Public finance --