Economics A Primer for India

by G. Omkarnath

A textbook on Economics that exemplifies the Indian model to establish universal concepts,theories and assumptions of basic economics.

Genres: Nonfiction

271 pages, Hardcover

First published January 1, 2012

Reviews

[Vipul Vivek M-D · Rating 5 out of 5]

This is the best book for Indian students or even others in general who do not wish to pursue economics professionally. The book's aim is not to teach you how economists think or how to think like one but to enable you to decide whether the economic policies/advice that the authorities/business press give you everyday is to your benefit. Unlike the textbooks that leave you high and dry with 'ceteris paribus' and ' Nairu', this one puts the economics of the country in context. The author is decided that the Leftist theory is the one correct, as Pulin B Nayak has pointed out, even though it claims to avoiding theory for later. When not leftist, too, it slips in theory without making that explicit. For example, the use of the Harrod-Domar model, used in the first Plan, to explain the fiscal constraint on growth. Still, as a business journalist who wasted time in various economics electives of opposing factions at J-school, I regret this book didn't come out earlier. I'm surprised that this book still hasn't been discovered by UPSC aspirants.

[Minthang · Rating 4 out of 5]

As it says, it does a fine job for the uninitiated. A lovely book.