An investigation of the influence of selected macroeconomic variables on the growth of indian economy

Abstract

Macroeconomic variables are crucial for any economy including the Indian economy and at the same time economist and researchers confirm that macroeconomic variables influence the GDP growth rate of any economy. Economic growth is related to the macroeconomic variables in theory. The non-diversified risks are consequently of macroeconomic variables directly influences the economic growth. Macroeconomic variables affect the overall wealth of capital markets. The variables can either have a contractionary upshot or an expansionary upshot on the economy. The major macroeconomic variables are represented to be crude oil price, inflation rate (consumer price index), exchange rates, foreign direct investment, and interest rate. newline