Economics

This book on Economics is written keeping in mind the needs of law students for understanding the subject of Economics and its processes in society.

This book explains the concepts and principles of economics in such a manner as to generate interest among law students. In this regard it is a maiden attempt and a unique presentation of the subject in the context of integrated legal studies. The book has five parts i.e. Introduction, Micro Economic Theory, Macro Economic Policies, International Economics and Applied Economics. In each chapter, care has been taken to focus the interaction and inter-relationship of Law and Economics. Wherever relevant, case-law relating to socio-economic legislation has been critically examined. The final chapter summarises the various economic concepts developed in the book.

For the benefit of the students suggested questions and selected Bibliography have been included.

I. INTRODUCTION
1. Economics and Law
2. Basics of Economics
II. MICRO ECONOMIC THEORY
3. Basic Economic Concepts- Demand and Supply
4. Market Structures
5. Price Policy
6. Theory of Distribution
7. Labour and Wages
8. Rent, Interest and Profits
9. Capital
10. Human Capital- Economics of Education
III. MACRO ECONOMIC POLICIES
11. Macro Economics- Approach and Policy Issues
12. Economic Role of the State
13. Monetary Policy, Money and Banking
14. Inflation
15. Public Finance
IV. INTERNATIONAL ECONOMICS
16. International Economics- Foreign Trade
17. International Balance of Payments
18. International Financial Institutions V. APPLIED ECONOMICS
19. Economic Growth and Development
20. National Income in India
21. Planning in India- Basic features
22. Inequalities of Income, Wealth and Unemployment
23. Agrarian Reforms
24. Population problems and solutions
25. Costs of Economic Growth-Social Imbalances
26. Economic systems
27. Final chapter
Suggested questions
Selected Bibliography