Modern Economic Theory

Modern Economic Theory is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. Beginning with discussion on price theory and microeconomics, this classic textbook progress to describe comprehensively, theory of income and employability or macroeconomics, money and banking, international economies and public finance. Economic systems, economics of development and planning and economies of welfare provide a clear idea about recent developments in and criticism of compensation principle, market structures and social welfare. It adequately meets the requirements of the BA and B.Com courses (Pass and Honours). In addition, postgraduate students of Arts and Commerce and aspirants of various competitive examinations will also find the book very useful andPart – One: Price Theory Or Micro Economics Unit - I : Nature And Methodology Of Economics Unit - Ii : Theory Of Demand Unit - Iii: Theory Of Production Unit- Iv: Product Pricing Unit - V : Factor Pricing Part - Two: Theory Of Income And Employment Or Macro-Economics Unit - I: Social Accounting Unit- Ii: Theory Of Income Determination Unit Iii: Economic Fluctuations Part- Three: Money And Banking Unit - I: Monetary Standards And Theory Of Money And Prices Unit - Ii: Banking Part - Four: International Economics Unit - I: International Trade Theory Unit - Ii: Balance Of Payments And International Monetary System Part - Five : Public Finance Part - Six: Economic Systems Part - Seven: Economics Of Development And Planning Part - Eight : Economics Of Welfare Welfare Economics Index informative.