The book
explains the basic concepts of economics at the micro and macro level in simple
and lucid language. It will be useful for Preliminary Examination.
The Index
is as follows:
1.
Basic
Concepts of Economics
(a) The Fundamentals of Economics & Economic
Organizations
(b) Utility, Wealth, Production, Capital
(c) Central Problems of an Economy
(d) Production Possibility Curve
(e) Theory of Demand and Supply
2.
Market
(a) Various forms of market- monopoly, perfect
competition, monopolistic competition, oligopoly, duopoly
(b) Pricing strategies in various markets
3.
National
Income
(a) Gross National Product
(b) Net National Product
(c) Measurement of National Income
(d) Economic growth and fluctuations
(e) Consumptions, Savings and Investment
4.
Money
(a) Definition
and functions of money
(b) Quantity
theory of money
(c) Inflation
and effect of inflation on production and distribution of wealth
(d) Control of
Inflation
(e) Money
Supply
(f) Liquidity
preference and marginal efficiency
(g) Rate of
Interest and Investment
5.
Banking
(a) Definition
(b) Functions and utility of Banking
(c) Principles of Commercial Banking
(d) Essentials of sound Banking system
(e) Multiple credit creation
(f) Functions of Central Bank
(g) Measures of credit control and Money Market
(h) National & International Financial
Institutions
6.
Indian
Economy – An Overview
(a) Meaning of an Underdeveloped Economy
(b) Basic Characteristics of the Indian Economy
(c) Major Issues of Development
(d) Natural resources in the process of Economic
Development
(e) Resources - land; forest; water, fisheries,
minerals
(f) Economic development and Environmental Degradation
(g) Global Climate Change and India
(h) The role of Industrialization, pattern of Ownership
of Industries
Role and
Contribution of Industries in Economic development (with special reference to
the following industries): Iron and Steel, Cotton and Synthetic Textile, Jute,
Sugar, Cement, Paper, Petrochemical, Automobile, IT & ITES, Banking and
Insurance
7.
Infrastructure
(i) Infrastructure and Economic Development, Private
Investment in Infrastructure, Public Private Partnership (PPP), Model in
Infrastructure Energy
(ii) Power Sector
(iii) Transport System in India’s Economic Development
– Railways, Roads, Water, Civil Aviation
(iv) Information Technology (IT) and ITES (Information
Technology Enabled Services) including the Communication System in India
(v) Urban Infrastructure