Description : The economy isn’t just for the economists to debate on. All of us are affected by its ups and downs—global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us? Day to Day Economics is an enjoyable, accessible, and extremely user-friendly book that explains the modern day Indian economy to the layperson. In this relevant book, Professor Deodhar explains the role of the government and its involvement in different aspects of the economy; the need for the RBI and its functions; and how taxes, stock markets, and recessions work. Day to Day Economics will help you go beyond the facts and figures in the budget and connect the trends to your daily life. As with all IIMA Business Books, it comes illustrated with numerous Indian examples and case studies making this the ultimate rookie’s guide to the Indian economy.
Description : A general perception exists that ancient Indian literature on economic matters is fatalistic and an admixture of sacred and secular thoughts. Economic Sutra provides a comprehensive perspective on the elements of Indian economic thought leading up to and after the Arthashastra. Economic Sutra is a perception-correction initiative to distil the Indian mind in the realm of economic thoughts and behaviour as brought out by the ancient Indian authors. It highlights the broader spread of economic ideas both prior to and sometime after Kautilya, giving insights into the purpose, actions and vision of our forefathers.
Description : Is there more the government could do to help the UK economy grow faster? What will happen to house prices in the future? Is competition good for consumers? An understanding of economics will not just help you to understand the world around you, it will also help you to make sense of the issues that directly affect you. Foundations of Economics is an essential introduction to the subject designed specifically with undergraduate students in mind. The author's highly accessible and engaging writing style is combined with a wealth of questions, examples, reflection points, and case studies to ensure students fully understand key topics, and are able to develop and apply their knowledge throughout. The book is divided into two clear parts to help students navigate and connect the main principles of economics. Part one focuses on microeconomics and individual markets, by analysing topics such as demand, supply, costs, competition, and the free market. This ensures students have a sound grasp of the key microeconomic theories underpinning the subject. The second part of the book then tackles macroeconomic issues and the wider economy, by exploring contemporary topics including fiscal policy, unemployment, inflation, economic growth, and international trade. The fourth edition offers increased coverage of European and international issues, including more comparative examples between the UK and other global economies and two new sections on the role of the European Central bank and on austerity. To further build the accessibility of the book more step-by-step numerical examples have been included to demonstrate the application of theory, as well as additional real-world case studies of varied lengths, including some longer end of chapter cases that enable students to test and apply their understanding in more detail. The book offers a wealth of carefully designed learning tools to build a sound knowledge of economics in a step-by-step approach. Both accessible and comprehensive, this is must-read textbook for those looking to understand more about a subject that has a real and significant impact on our day-to-day lives. Foundations of Economics is accompanied by a fully integrated Online Resource Centre, offering a range of supporting materials for students and registered lecturers. For students: - A regularly updated author's blog provides discussion of current economic issues allowing you to place your learning in context. - Revise each unit using the multiple choice questions designed to enhance your understanding and flag up any gaps in your knowledge. - Visual walkthroughs talk you through key concepts. - Additional advanced material helps you to build upon your knowledge of the topics discussed in the textbook. - Test your understanding of key micro and macroeconomics terms with the interactive flashcard glossaries. - An additional online chapter on business strategy provides material on broader business issues, such as PESTEL and SWOT analysis. - Useful web links have been included to aid research and understanding. - Comprehensive solutions to the 'put it into practice' questions. For registered lecturers: - Use the adaptable PowerPoint slides as the basis for lecture presentations, or as hand-outs in class. - A comprehensive Instructor's manual includes answers to the end-of-unit questions together with suggestions for activities, and answers to the Case Study, Put into Practice, and Economics in Context boxes. - A customizable bank of questions is available to download and test your students.
Description : Why is it that airline tickets booked well in advance are always cheaper? How would Phoolan Devi and Veerappan react to a case of Prisoners’ Dilemma? Professor Satish Y. Deodhar explains the dynamics of pricing with respect to demand and supply, and the various market structures like perfect competition, monopoly, monopolistic competition and oligarchy through everyday examples and case studies.
Description : This volume must be read and recommended to the policy makers of developed and developing countries alike. Global Business Review In a world in which noisy anti-globalization groups get huge media attention, it is refreshing to read this more-measured analysis of the interface between international economics and politics, and of the positive role institutions such as the WTO can play to improve our lot. Kym Anderson, The World Bank, US David Robertson is an expert guide on the intricacies of international trade politics, the WTO, and so-called civil society. This valuable book incisively cuts through the rhetoric surrounding international trade and should be read by all who care about the future of the world trading system. Douglas A. Irwin, Dartmouth College, US This book is an amazing and unusual piece of scholarship. It reviews with equal candour the activities of industry groups, NGOs and the multilateral organisations, giving readers an understanding of where the debate about globalisation is taking the world economy. Peter J. Lloyd, University of Melbourne, Australia This is a carefully crafted, well balanced and eminently readable monograph. It bravely tackles some of the critical, yet controversial, issues of contemporary international political economy. The author pulls no punches, and, as a consequence, his analysis and policy recommendations are particularly pertinent and refreshing. John H. Dunning, University of Reading, UK and Rutgers University, US The great historic lesson of the second half of the 20th century was that opening national economies to international trade and flows of capital, knowledge and enterprise boosts prosperity and liberty. Yet, in recent decades promoters of Green and other single issues have turned against openness. In this book, David Robertson draws on his wide practical experience and academic knowledge to unmask the follies, and warn of the damages from protectionism. Wolfgang Kasper, University of New South Wales, Australia David Robertson supplies a definitive account the definitive account of the economics and politics of global commerce. His book is impressively informed about the vicissitudes of international trade and rests on extraordinary knowledge of the treaties and institutions that have governed its perilous course through recent decades. Unusually in a work of such learning, the author openly confronts the enemies of free trade. He exposes the self-interest of international lawyers and NGOs when they attempt to restrict trade and his analyses of failings in the EU and UN are hard to refute. International Economics and Confusing Politics is a signal resource for anyone concerned with the management of the global economy. Eric Jones, Melbourne Business School, Australia and Netherlands Institute of Advanced Study The IMF, the World Bank and GATT/WTO have had to adapt to changing circumstances in the past 60 years as they guided the world economy to growing interdependence and prosperity. Now they face several simultaneous challenges. In this book, David Robertson discusses the rise of new economic players, including proliferating NGOs, self-promoting UN agencies and emerging economies (such as Brazil, China and India), which call into question the management of G7 governments. This volume assesses the future of international economic relations as economic imbalances are exacerbated by these developments and by changing international alliances. The author also considers the interests of small developing countries, which are acting collectively to seek a place at the table , as well as more preferential treatment. International socialism has re-invented itself as participatory democracy , which is employed by civil society to challenge inter-governmental agencies. The future of international economic integration will depend on how these developments affect trade, finance, aid and development policies. Providing a review of international economic relations
Description : The Classroom MiniEconomy is a handson form of instruction that prepares students to function in today's rapidly changing and interdependent world. This guide shows teachers how to implement the MiniEconomy in their classrooms with an advanced section dedicated to middle school classes.
Description : Why do Europe, the United States, and some key Asian countries spend a billion dollars a day on various agricultural price supports, when much of this money ends up in the hands of large agribusiness? This text offers a lively, nontechnical, and up-to-date introduction to the world of agricultural subsidies.