Part 1 Introduction: the macro-model
the data
the outline. Part 2 A theory of stagnation and growth: a macro-model in a closed economy
money in growth
growth and the foreign sector
the summary. Part 3 The statistical form of the model: production functions
employment functions
investment functions
money, wages and prices
miscellaneous equations
the model as a whole
method of estimation of the parameters of the model - ordinary least squares v. simultaneous equation methods. Part 4 Production and employment: agricultural production function
food-grains production function
employment function
non-agricultural production function. Part 5 Money, wages and prices: the money supply and the absolute price level
money wages and prices
miscellaneous price equations. Part 6 Investment and foreign trade: investment in the agricultural sector
investment in non-agricultural sector
foreign trade sector. Part 7 Summary of the results: the model
the test statistics
results of simultaneous equation methods. Part 8 Applications of the model - a simulation approach: a note on simulation approach
prediction within and beyond the sample
planning for a target rate of growth
analysis of the effects of variation in exogenous variables. Part 9 A note on India's third five year plan. Appendix - the compilation of the data.
