economics ane books pvt. ltd.oligopoly; duopoly; limit pricing theory; full-cost pricing theory;...

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Ane Books Pvt. Ltd.ECONOMICS

Transforming Indian Economy From Vision to Reality

Yamini GuptAnanya Ghosh Dastidar

About the Book

Contents

This volume puts together contributions by young researchers that highlight policy challenges in various sectors of the Indian economy and how they need to be handled. Three broad themes are covered in this volume, related to ‘India’s Growth Experience: Key Underlying Processes,’ ‘Agriculture and Climate Change’ and ‘Trade and Employment.’ The various aspects covered in this volume relate to the functioning of the economy and critical challenges facing the country today such as

the problem of unemployment; issues related to environmental sustainability and climate change; as well as management of the external sector.

Introduction, Section 1: India’s Growth Experience: Key Underlying Processes 1. Role of Networks in Promoting Innovation: The Curious Case of Ayurveda Research in India 2. Disaggregated Impact of Monetary Policy 3. The Ripple Effect of Indian Consumption Behaviour 4. Manufacturing Sector Growth in India: A Projection in the light of Make in India Policy 5. Including Health Education in Formal Education System: A case study of Delhi Schools: Section II: Agriculture and Climate Change 6. Responsiveness of Rice-Growing Farmers towards Droughts and Floods in Odisha, India 7. Factors of Climate Change Affecting Cereal Yield in India in the long-run 8.Agricultural Growth and Crop Diversification in Himachal Pradesh 9. Macroeconomic Activities and Environmental Degradation: A Cross Country Panel Data Analysis Section III: Trade and Employment 10. Long Run Impact of Trade on Employment in Organised Indian Food Processing Industry 11. MGNREGA and Inclusive Growth: Examining the Evidence 12. Role of Institutional Environment in Creating Employment Opportunities 13. Role of Infrastructure in Trade Linkages: Evidence from India 14. Indo-Latin American Trade: Evidence of ‘J’ Curve

9789386761958 • 252 (Hb) • 2018 • ` 999.00

Price Theory & Resource Allocation

Shobha AgarwalH.S. Agarwal

About the Book

Contents

The present book on Price Theory and Resource Allocation incorporates the subject matter into three parts. Part One deals with Product Pricing. It consists of the Nature of Costs and Elasticity of Costs; Concept of Revenue; Law of Supply and Elasticity of Supply; Equilibrium of the Firm and the Industry; Pricing and Output under Perfect Competition; Interdependent Prices; Pricing and Output under Monopoly; Monopoly Price Discrimination; Monopoly and Bilateral Monopoly; Monopolistic Competition; Oligopoly; Duopoly; Limit Pricing Theory; Full-Cost Pricing Theory; Managerial and Behavioural Theories of the Firm; Theory of games; Input-Output Analysis and Linear Programming.

1. Nature of Costs and Elasticity of Costs 2. Concept of Revenue 3. Law of Supply and Elasticity of Supply 4. Equilibrium of the Firm and the Industry 5. Pricing and Output under Perfect Competition 6. Interdependent Prices 7. Pricing and Output under Monopoly 8. Monopoly Price Discrimination 9. Monopsony and Bilateral Monopoly 10. Monopolistic Competition 11. Oligopoly 12. Duopoly 13. Limit Pricing Theories 14. Full-Cost Pricing Theory 15. Managerial and Behavioural Theories of the Firm 16. Theory of Games and Price Determination 17. Input-Output Analysis 18. Linear Programming 19. National Income and Its Distribution 20. Theories of Distribution 21. Euler's Theorem: The Adding-up Problem (The Product Exhaustion Problem) 22. Factor Pricing under Different Market Conditions 23. The Theory of Rent 24. The Theory of Wages 25. The Theory of Interest 26. The Theory of Profit 27. Inequality of Income

9789386761767 • 252 (Hb) • 2018 • ` 1995.00

ECONOMICS

3www.anebooks.com2 www.anebooks.com

ECONOMICS

International Trade Growth & Public Finance

About the Book

Contents

The present book on International Trade, Growth and Public Finance has been prepared keeping in view the several changes recently incorporated in the curriculum of several universities for both graduate and postgraduate courses. Part One focuses on Welfare Economics, International Trade theory, Heckscher-Ohlin Theorem; Terms of Trade and Balance of Payments mechanism. Part two explains the Classical and Keynesian theories of Income and Employment and the Concept of Multiplier and

Accelerator. Part three is about the theories of Trade Cycles, Economic Growth and Economic Planning. Part four deals with Public Finance, it's nature and scope; Doctrine of Public Finance; Public Revenues; Public Expenditure; Public Debt; Deficit Financing, Fiscal Policy and Budget.

Nature of Welfare Economics 2. Classical and Neo-Classical Welfare Economics 3. Paretian Optimality and the Conditions of Welfare Optimum 4. New Welfare Economics (The Compensation Principles) 5. Socialism and Welfare Economics 6. Features of International Trade 7. The Theory of International Trade 8. The Heckscher-Ohlin Theorem of International Trade 9. Terms of Trade 10. Balance of Payments Mechanism 11. Classical Theory of Income and Employment 12. Keynesian Theory of Income and Employment 13. The Concept of Keynesian Multiplier and Accelerator 14. Meaning and Nature of Trade Cycles 15. Theories of Trade Cycles 16. Theories of Economic Growth 17. Economic Planning 18. Nature and Scope of Public Finance 19. Doctrine of Public Finance (Principle of Maximum Social Advantage) 20. Public Revenue 21. Public Expenditure 22. Public Debt 23. Deficit Financing 24. Fiscal Policy 25. Budget 26. Capitalism 27. Socialism 28. Mixed Economy 29. Gandhian Economic Ideas

9789386761750 • 252 (Hb) • 2018 • ` 1995.00

Foundations of Economic AnalysisShobha AgarwalH.S. Agarwal

About the Book

Contents

Economics has been dominating the world stage like never before and therefore knowledge of certain basics of the subject is essential for all sections of the society. This book has been devised to fulfil precisely this need. The point-by-point approach of this book helps you have clear concepts.Questions in exams are becoming more and more focused on economic issues. Questions in interviews are largely derived from methodological issues in Economics, Demand Theory and Theory of Production. The book is aimed to clear the concepts for the students at large. It covers more or less every type of topic related to economic issues that are asked in today's competitive exams. The aim of this book has been to make the reader have access to all he or she needs in this field.

The Nature and Scope of Economics 2. The Methodological Issues in Economics 3. Economic Models 4. Microeconomics and Macroeconomics 5. Economic Statics and Economic Dynamics 6. The Concept of Economic Equilibrium 7. The Role of Price Mechanism 8. The Utility Analysis 9. The Theory of Indifference Curve 10. The Concept of Consumer's Surplus 11. The Revealed Preference Theory of Demand The Modern Utility Analysis of Choices Involving Risk or Uncertainty Hicks' Revision of Demand Theory (Demand Theory of Logical Ordering)14. Law of Demand and Elasticity of Demand 15. The Concept of Consumer's Sovereignty 16. Recent Developments in Demand Theory 17. Traditional Approach of Production Function 18. Isoquant-Isocost Approach of Production Function 19. Technical Progress and Production Function

9789386761774 • 252 (Hb) • 2018 • ` 1995.00

Behavioural Economics

Upendra Kunwar

About the Book

Contents

Behavioural economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory. Behavioural economics is primarily concerned with the bounds of rationality of economic agents. Behavioural models typically integrate insights from psychology, neuroscience and microeconomic theory. The study of behavioural economics includes how market

decisions are made and the mechanisms that drive public choice. In the context of behavioural economics, time inconsistency is related to how each different self of a decision-maker may have different preferences over current and future choices. One common way in which selves may differ in their preferences is they may be modelled as all holding the view that “now” has especially high value compared to any future time. This is sometimes called the “immediacy effect” or “temporal discounting”. This comprehensive book will be a valuable resource guide for students, professionals and researchers of economics and management.

Preface 1. The Ascent and Dissent of Economics 2. Labour Supply in the Real World 3. Nature of Behavioural Economics 4. Foundations of Behavioural Economics 5. Recessions and Depressions 6. Decision Making Under Risk and Uncertainty 7. Behavioural Game Theory 8. Emotions and Neuroeconomics, Bibliography, Index

9789386807175 • 252 (Hb) • 2018 • ` 1799.00

Experimental Economics

Shashi Kiran Nayak

About the Book

Contents

Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate subjects, in order to mimic real-world incentives. Experiments are used to help understand how and why markets and other exchange systems function as they do. Experimental economics have also expanded to understand institutions and the law (experimental law and economics). A fundamental aspect of the subject is design of experiments. Experiments may be conducted in the field or in laboratory settings, whether of individual or group behavior. Variants of the subject outside such formal confines include natural and quasi-natural experiments. Economic experiments are not simulations or role-playing exercises. They involve real people who make serious choices. Through their efforts, participants stand to make or lose substantial amounts of money. The simplest form of economic transaction—and the simplest experiment to conduct—is a two-person exchange. This experiment addresses how a single buyer and seller of an item reach, or fail to reach, mutually agreeable terms of trade for that item. This book provides the comprehensive analysis and critical discussion of the methodology of experimental economics. The book will prove invaluable for both students and academics working in these areas.

1. The Emergence of Experiments in Economics 2. Conducting an Experiment 3. Neuroeconomics 4. A Selective Survey of Experimental Results 5. Experiments in Market Design 6. Experiments in Political Economy 7. Experimental Economics across Subject Populations 8. Gender 9. The External Validity of Experimental Results 10. Learning and the Economics of Small Decisions

9789386807205 • 252 (Hb) • 2018 • ` 1799.00

ECONOMICS

International Trade Growth & Public Finance

About the Book

Contents

The present book on International Trade, Growth and Public Finance has been prepared keeping in view the several changes recently incorporated in the curriculum of several universities for both graduate and postgraduate courses. Part One focuses on Welfare Economics, International Trade theory, Heckscher-Ohlin Theorem; Terms of Trade and Balance of Payments mechanism. Part two explains the Classical and Keynesian theories of Income and Employment and the Concept of Multiplier and

Accelerator. Part three is about the theories of Trade Cycles, Economic Growth and Economic Planning. Part four deals with Public Finance, it's nature and scope; Doctrine of Public Finance; Public Revenues; Public Expenditure; Public Debt; Deficit Financing, Fiscal Policy and Budget.

Nature of Welfare Economics 2. Classical and Neo-Classical Welfare Economics 3. Paretian Optimality and the Conditions of Welfare Optimum 4. New Welfare Economics (The Compensation Principles) 5. Socialism and Welfare Economics 6. Features of International Trade 7. The Theory of International Trade 8. The Heckscher-Ohlin Theorem of International Trade 9. Terms of Trade 10. Balance of Payments Mechanism 11. Classical Theory of Income and Employment 12. Keynesian Theory of Income and Employment 13. The Concept of Keynesian Multiplier and Accelerator 14. Meaning and Nature of Trade Cycles 15. Theories of Trade Cycles 16. Theories of Economic Growth 17. Economic Planning 18. Nature and Scope of Public Finance 19. Doctrine of Public Finance (Principle of Maximum Social Advantage) 20. Public Revenue 21. Public Expenditure 22. Public Debt 23. Deficit Financing 24. Fiscal Policy 25. Budget 26. Capitalism 27. Socialism 28. Mixed Economy 29. Gandhian Economic Ideas

9789386761750 • 252 (Hb) • 2018 • ` 1995.00

Foundations of Economic AnalysisShobha AgarwalH.S. Agarwal

About the Book

Contents

Economics has been dominating the world stage like never before and therefore knowledge of certain basics of the subject is essential for all sections of the society. This book has been devised to fulfil precisely this need. The point-by-point approach of this book helps you have clear concepts.Questions in exams are becoming more and more focused on economic issues. Questions in interviews are largely derived from methodological issues in Economics, Demand Theory and Theory of Production. The book is aimed to clear the concepts for the students at large. It covers more or less every type of topic related to economic issues that are asked in today's competitive exams. The aim of this book has been to make the reader have access to all he or she needs in this field.

The Nature and Scope of Economics 2. The Methodological Issues in Economics 3. Economic Models 4. Microeconomics and Macroeconomics 5. Economic Statics and Economic Dynamics 6. The Concept of Economic Equilibrium 7. The Role of Price Mechanism 8. The Utility Analysis 9. The Theory of Indifference Curve 10. The Concept of Consumer's Surplus 11. The Revealed Preference Theory of Demand The Modern Utility Analysis of Choices Involving Risk or Uncertainty Hicks' Revision of Demand Theory (Demand Theory of Logical Ordering)14. Law of Demand and Elasticity of Demand 15. The Concept of Consumer's Sovereignty 16. Recent Developments in Demand Theory 17. Traditional Approach of Production Function 18. Isoquant-Isocost Approach of Production Function 19. Technical Progress and Production Function

9789386761774 • 252 (Hb) • 2018 • ` 1995.00

Behavioural Economics

Upendra Kunwar

About the Book

Contents

Behavioural economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory. Behavioural economics is primarily concerned with the bounds of rationality of economic agents. Behavioural models typically integrate insights from psychology, neuroscience and microeconomic theory. The study of behavioural economics includes how market

decisions are made and the mechanisms that drive public choice. In the context of behavioural economics, time inconsistency is related to how each different self of a decision-maker may have different preferences over current and future choices. One common way in which selves may differ in their preferences is they may be modelled as all holding the view that “now” has especially high value compared to any future time. This is sometimes called the “immediacy effect” or “temporal discounting”. This comprehensive book will be a valuable resource guide for students, professionals and researchers of economics and management.

Preface 1. The Ascent and Dissent of Economics 2. Labour Supply in the Real World 3. Nature of Behavioural Economics 4. Foundations of Behavioural Economics 5. Recessions and Depressions 6. Decision Making Under Risk and Uncertainty 7. Behavioural Game Theory 8. Emotions and Neuroeconomics, Bibliography, Index

9789386807175 • 252 (Hb) • 2018 • ` 1799.00

Experimental Economics

Shashi Kiran Nayak

About the Book

Contents

Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate subjects, in order to mimic real-world incentives. Experiments are used to help understand how and why markets and other exchange systems function as they do. Experimental economics have also expanded to understand institutions and the law (experimental law and economics). A fundamental aspect of the subject is design of experiments. Experiments may be conducted in the field or in laboratory settings, whether of individual or group behavior. Variants of the subject outside such formal confines include natural and quasi-natural experiments. Economic experiments are not simulations or role-playing exercises. They involve real people who make serious choices. Through their efforts, participants stand to make or lose substantial amounts of money. The simplest form of economic transaction—and the simplest experiment to conduct—is a two-person exchange. This experiment addresses how a single buyer and seller of an item reach, or fail to reach, mutually agreeable terms of trade for that item. This book provides the comprehensive analysis and critical discussion of the methodology of experimental economics. The book will prove invaluable for both students and academics working in these areas.

1. The Emergence of Experiments in Economics 2. Conducting an Experiment 3. Neuroeconomics 4. A Selective Survey of Experimental Results 5. Experiments in Market Design 6. Experiments in Political Economy 7. Experimental Economics across Subject Populations 8. Gender 9. The External Validity of Experimental Results 10. Learning and the Economics of Small Decisions

9789386807205 • 252 (Hb) • 2018 • ` 1799.00

ECONOMICS

Managerial Economics and Business Decisions

B.N. Ghosh

About the Book

Contents

The book is primarily designed to cater to the needs of the MBA students of Indian universities. However, it can also be of immense use to the students of M.Com., ICWA and CA.This book incorporate the standard topics for these courses. It provides latest theories and empirics on every topical issue. The chapters have been made lucid and student-friendly by minimizing unnecessary rigmarole.

Prolegomena 1. Conceptualizing Managerial Economics 2. Alternative Theories of Firms and Decision Rules 3. Demand-Supply Construct, Elasticities and Demand Forecasting 4. Analysis of Production 5. Theory of Costs and Break-Even Analysis 6. Pricing Strategies and Managerial Decisions 7. Market Structure, Output and Pricing Decisions 8. Management of Wages and Profits 9. Market Failure, the Government and Collective Failure 10.Macroeconomics: Some Stylized Facts 11.National Income Analysis 12.Social Accounting 13.Aggregate Supply and Aggregate Demand 14.Investment Decisions Under Risk and Uncertainty 15.Financial Markets 16.The Multiplier and the Accelerator 17.Keynesian Model of Income Determination and the Theory of Liquidity Preference 18.Quantity Theory of Money 19.Theories of Inflation and Deflation: Issues and Policies 20.Theories of Business Cycles and Stabilization Policies 21.Fiscal Policy and the Budget 22.Taxation 23.Monetary Policy 24.Monetary Management and Techniques of Credit Control 25.Exchange Rate Management 26.Foreign Trade and Commercial Policy 27.Balance of Payments and Adjustment Policies 28.Management of International Liquidity 29.Liberalization and Industrial Policy in India 30.Globalization and Business

9789386761750 • 252 (Hb) • 2018 • ` 1995.00

9789380618456 • 280 (Pb) • 2011 • ` 295.00

Business Economics

Deepashree

About the Book

Contents

Business economics brings together topics in microeconomics that can be applied to business decision making to create valuable ways of thinking about markets and business decisions. The objective of this book is to help students become architects of business strategy. It will teach students the economic way of thinking about business decisions. They will develop critical thinking skills needed to logically analyse business decisions.

Economic theory helps managers to understand real world business problems by using simplifying assumptions, to abstract away from irrelevant ideas and information, and turn complexity into relative simplicity. Like a road map, economic theory ignores everything irrelevant in a problem and reduces business problems to their most essential components.

UNIT I: 1. Business Economics – An Introduction 2. Fundamental Concepts and Methods; UNIT II: 3. Cardinal Utility Approach, 4. Ordinal Utility Approach, 5. Theory of Demand, 6. Elasticity of Demand, 7. Demand Forecasting; UNIT III: 8. Factors of Production. 9. Theory of Production, UNIT IV: 10 Cost Analysis; 11. Theory of Supply and Elasticity of Supply, 12. Perfect Competition, 13. Monopoly and Price Discrimination, 14. Monopolistic Competition, 15. Oligopoly

Cooperation Principles, Problems and Practice

8/ED T.N. Hajela

About the Book

Contents

The book “Cooperation: Principles, Problems and Practice” was first published in 1980 and is now in its eighth edition. The book has been written to fulfill the need of the students of undergraduate and postgraduate courses of Indian Universities studying cooperation as an academic subject and the trainees of the Cooperative Training Centres / Institutes in India and abroad.

PART - I INTRODUCTION 1. Meaning and Significance of Cooperation 2. Cooperation and Other Business Enterprises 3. Problems of Cooperation PART - II PRACTICE OF COOPERATION IN FOREIGN COUNTRIES 4. Cooperative Movement in Germany 5. Cooperative Movement in Germany 6. Cooperative Movement in Denmark 7. Cooperative Movement in Ireland 8. Cooperative Movement in Japan9. Cooperative Movement in USA 10. Cooperative Movement in Canada 11. Cooperative Movement in China 12. Cooperative Movement in Israel 13. Cooperative Movement in Sweden 14. Cooperative Movement in Italy 15. Cooperative Movement in France 16. International Cooperative Alliance and PART - III PRACTICE OF COOPERATION IN INDIA 17. Origin and Development of Cooperative 18. Cooperative Legislation and Administration 19. Rural Cooperative Credit–Principles and Policy 20. Primary Agricultural Credit Societies 21. District Central Cooperative Banks 22. District Central Cooperative Banks 23. Long-term Cooperative Credit Structure AGRICULTURAL COOPERATION 24. Cooperative Production: 25. Cooperative Supply (Service Cooperatives) 26. Cooperative Agricultural Marketing 27. Cooperative Processing of Agricultural Produce

9789385259999 • 796 (Pb) • 2016 • ` 395.00

History of Economic Thought 18th Ed

T.N. Hajela

About the Book

Contents

The book was first published in 1967 and the present edition is the eighteenth edition. The book discusses the development of the history of economic thought from the earliest times to the most recent times. Part One deals with the development of economic thought in Western Countries. Book One deals with the economic thought in ancient times and medieval ages. Book Two gives in detail the pre-classical economic thought. Book Three deals with the economic thought of the classicism. Book Four discusses the economic thought of the critics of the classical school. Book Five deals with the restatement of the classicism.

Part I: Economic Thought in Western Countries 1. Definition and Significance of History of Economic Thought, Book I : Ancient and Medieval Economic Thought, 2. Economic Thought in Ancient Times 3. Economic Thought in Medieval Ages, Book II: Pre-Classical Economic Thought, Introduction 4. Mercantilism, 5. Physiocracy, Book III : Classicism, Introduction 6. Adam SmithThe Founder of English Classicism 7. The Followers of Smith Jeremy Bentham 8. The Followers of Smith (Contd.)Thomas Robert Malthus 9. The Followers of Smith (Contd.) David Ricardo 10. The Writers in the Classical Tradition James Mill, McCulloch, Senior etc. Book IV : Reactions Against Classicism (Critics and Opponents), Introduction 11. The Individualistic CriticsLauderdale and Rae 12. The Nationalistic Critics-Muller, List, Raymond, Gentz, Hamilton and Carey 13. The Historical CriticsThe English Historical School 14. The Historical Critics (Contd.)The German Historical School 15. The Socialistic Critics and The Rise of Socialism 16. The Socialistic Critics (Contd.)The Utopian Socialists and The Associationists 17. The Socialistic Critics (Contd.)The State Socialists 18. The Socialistic Critics (Contd.)The Scientific Socialists (Karl Marx and His Followers), Book V : The Restatement of Classicism, Introduction 19. John Stuart Mill 20. The Last Phase of Classicism Cairnes and Fawcett, Book VI : The Reconstruction of Economic Science, Introduction

9789383656967 • 1038 (Pb) • 2018 (R) • ` 795.00

ECONOMICS

Managerial Economics and Business Decisions

B.N. Ghosh

About the Book

Contents

The book is primarily designed to cater to the needs of the MBA students of Indian universities. However, it can also be of immense use to the students of M.Com., ICWA and CA.This book incorporate the standard topics for these courses. It provides latest theories and empirics on every topical issue. The chapters have been made lucid and student-friendly by minimizing unnecessary rigmarole.

Prolegomena 1. Conceptualizing Managerial Economics 2. Alternative Theories of Firms and Decision Rules 3. Demand-Supply Construct, Elasticities and Demand Forecasting 4. Analysis of Production 5. Theory of Costs and Break-Even Analysis 6. Pricing Strategies and Managerial Decisions 7. Market Structure, Output and Pricing Decisions 8. Management of Wages and Profits 9. Market Failure, the Government and Collective Failure 10.Macroeconomics: Some Stylized Facts 11.National Income Analysis 12.Social Accounting 13.Aggregate Supply and Aggregate Demand 14.Investment Decisions Under Risk and Uncertainty 15.Financial Markets 16.The Multiplier and the Accelerator 17.Keynesian Model of Income Determination and the Theory of Liquidity Preference 18.Quantity Theory of Money 19.Theories of Inflation and Deflation: Issues and Policies 20.Theories of Business Cycles and Stabilization Policies 21.Fiscal Policy and the Budget 22.Taxation 23.Monetary Policy 24.Monetary Management and Techniques of Credit Control 25.Exchange Rate Management 26.Foreign Trade and Commercial Policy 27.Balance of Payments and Adjustment Policies 28.Management of International Liquidity 29.Liberalization and Industrial Policy in India 30.Globalization and Business

9789386761750 • 252 (Hb) • 2018 • ` 1995.00

9789380618456 • 280 (Pb) • 2011 • ` 295.00

Business Economics

Deepashree

About the Book

Contents

Business economics brings together topics in microeconomics that can be applied to business decision making to create valuable ways of thinking about markets and business decisions. The objective of this book is to help students become architects of business strategy. It will teach students the economic way of thinking about business decisions. They will develop critical thinking skills needed to logically analyse business decisions.

Economic theory helps managers to understand real world business problems by using simplifying assumptions, to abstract away from irrelevant ideas and information, and turn complexity into relative simplicity. Like a road map, economic theory ignores everything irrelevant in a problem and reduces business problems to their most essential components.

UNIT I: 1. Business Economics – An Introduction 2. Fundamental Concepts and Methods; UNIT II: 3. Cardinal Utility Approach, 4. Ordinal Utility Approach, 5. Theory of Demand, 6. Elasticity of Demand, 7. Demand Forecasting; UNIT III: 8. Factors of Production. 9. Theory of Production, UNIT IV: 10 Cost Analysis; 11. Theory of Supply and Elasticity of Supply, 12. Perfect Competition, 13. Monopoly and Price Discrimination, 14. Monopolistic Competition, 15. Oligopoly

Cooperation Principles, Problems and Practice

8/ED T.N. Hajela

About the Book

Contents

The book “Cooperation: Principles, Problems and Practice” was first published in 1980 and is now in its eighth edition. The book has been written to fulfill the need of the students of undergraduate and postgraduate courses of Indian Universities studying cooperation as an academic subject and the trainees of the Cooperative Training Centres / Institutes in India and abroad.

PART - I INTRODUCTION 1. Meaning and Significance of Cooperation 2. Cooperation and Other Business Enterprises 3. Problems of Cooperation PART - II PRACTICE OF COOPERATION IN FOREIGN COUNTRIES 4. Cooperative Movement in Germany 5. Cooperative Movement in Germany 6. Cooperative Movement in Denmark 7. Cooperative Movement in Ireland 8. Cooperative Movement in Japan9. Cooperative Movement in USA 10. Cooperative Movement in Canada 11. Cooperative Movement in China 12. Cooperative Movement in Israel 13. Cooperative Movement in Sweden 14. Cooperative Movement in Italy 15. Cooperative Movement in France 16. International Cooperative Alliance and PART - III PRACTICE OF COOPERATION IN INDIA 17. Origin and Development of Cooperative 18. Cooperative Legislation and Administration 19. Rural Cooperative Credit–Principles and Policy 20. Primary Agricultural Credit Societies 21. District Central Cooperative Banks 22. District Central Cooperative Banks 23. Long-term Cooperative Credit Structure AGRICULTURAL COOPERATION 24. Cooperative Production: 25. Cooperative Supply (Service Cooperatives) 26. Cooperative Agricultural Marketing 27. Cooperative Processing of Agricultural Produce

9789385259999 • 796 (Pb) • 2016 • ` 395.00

History of Economic Thought 18th Ed

T.N. Hajela

About the Book

Contents

The book was first published in 1967 and the present edition is the eighteenth edition. The book discusses the development of the history of economic thought from the earliest times to the most recent times. Part One deals with the development of economic thought in Western Countries. Book One deals with the economic thought in ancient times and medieval ages. Book Two gives in detail the pre-classical economic thought. Book Three deals with the economic thought of the classicism. Book Four discusses the economic thought of the critics of the classical school. Book Five deals with the restatement of the classicism.

Part I: Economic Thought in Western Countries 1. Definition and Significance of History of Economic Thought, Book I : Ancient and Medieval Economic Thought, 2. Economic Thought in Ancient Times 3. Economic Thought in Medieval Ages, Book II: Pre-Classical Economic Thought, Introduction 4. Mercantilism, 5. Physiocracy, Book III : Classicism, Introduction 6. Adam SmithThe Founder of English Classicism 7. The Followers of Smith Jeremy Bentham 8. The Followers of Smith (Contd.)Thomas Robert Malthus 9. The Followers of Smith (Contd.) David Ricardo 10. The Writers in the Classical Tradition James Mill, McCulloch, Senior etc. Book IV : Reactions Against Classicism (Critics and Opponents), Introduction 11. The Individualistic CriticsLauderdale and Rae 12. The Nationalistic Critics-Muller, List, Raymond, Gentz, Hamilton and Carey 13. The Historical CriticsThe English Historical School 14. The Historical Critics (Contd.)The German Historical School 15. The Socialistic Critics and The Rise of Socialism 16. The Socialistic Critics (Contd.)The Utopian Socialists and The Associationists 17. The Socialistic Critics (Contd.)The State Socialists 18. The Socialistic Critics (Contd.)The Scientific Socialists (Karl Marx and His Followers), Book V : The Restatement of Classicism, Introduction 19. John Stuart Mill 20. The Last Phase of Classicism Cairnes and Fawcett, Book VI : The Reconstruction of Economic Science, Introduction

9789383656967 • 1038 (Pb) • 2018 (R) • ` 795.00

ECONOMICS

Macroeconomic Theory10th Ed

T.N. Hajela

About the Book

Contents

This edition has been thoroughly revised, updated and re-written. The earlier edition had 23 chapters while this edition contains 42 chapters. In all 19 new chapters have been added. The entire matter has been presented in the simplest possible language and style, dividing it into small headings so as to make it intelligible even to those who have no grounding in economics.

PART ONE : INTRODUCTION 1. Definition and Scope of Macroeconomics PART TWO : NATIONAL INCOME AND ECONOMIC ACCOUNTING 2. National Income and National Product 3. The Circular Flow of Income and Expenditure 4. National Income and Economic Welfare 5. Social Accounting or National Accounting PART THREE : NATIONAL OUTPUT AND EMPLOYMENT 6. Unemployment and Full Employment 7. Theory of Employment 8. The Consumption Function 9. The Theories of Consumption Function 10. The Investment Function 11. The Multiplier and the Accelerator 12. Post-Keynesian Developments in Investment Theory 13. Saving-Investment Equality 14. Keynes Theory of Income and Employment and Under-developed Countries PART FOUR : THEORY OF MONEY 15. Evolution and Functions of Money 16. The Determination of Value of Money: Transactions Approach 17. The Determination of Value of Money: The Keynesian Approach 18. The Neutrality and Non-Neutrality of Money 19. The Real Balance Effect 20. The Supply of Money 21. Creation of Credit 22. Central Banking: Functions and Credit Control PART FIVE : THEORY OF INTEREST 23. The Demand for Money 24. Theories of Interest Rate 25. Term Structure of Interest Rates PART SIX : THEORY OF PRICES 26. Inflation, Deflation and Reflation 27. Price Changes and Level of Unemployment (Phillips Curve and Stagflation) 28. Theories of Trade Cycles 29. Samuelsons Multiplier-Accelerator Interaction Model of Trade Cycle 30. Hicks Model of the Trade Cycle 31. Kaldors Model of the Trade Cycle PART SEVEN : MACROECONOMIC POLICY 32. Objectives of Macroeconomic Policy 33. Monetary Policy: Objectives, Targets and Indicators 34. Operational Aspects of Monetary Policy 35. The Liquidity Theory of Money 36. Fiscal Policy for Stable Growth 37. Fiscal Policy for Economic Development 38. Efficacy of Monetary and Fiscal Policies 39. Coordination between Instruments and Objectives of Monetary and Fiscal Policies 40. Monetarism Versus Keynesianism 41. Non-Banking Financial Intermediaries (NBFls) Appendix-I—A Note on Supply-Side Economics Appendix-II—A Note on New Classical Macroeconomics, Select Bibliography

9788180522826 • 738 (Pb) • 2016 • ` 495.00

Money and Banking Theory with Indian Banking

T.N. Hajela

About the Book This edition has been thoroughly revised, updated and rewritten. The book has been divided into three parts containing 25 chapters in all. Part One on Money comprises thirteen chapters. Part Two on Banking Theory contains six chapters. Part Three deals with the Banking in India. It comprises six chapters. At the end, two appendices have been added which cover significant subjects in view of the prevailing macro-economic conditions in India.

Since, this is a textbook primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian universities; it covers broadly the syllabi of almost all the universities. The entire text and other matters have been presented in such an easy way that can be understood and grasped even by those students who have no background in economics. The author is confident that this book will be equally useful for those appearing in examinations at All India and State level competitions.

9789385462221 • 456 (Pb) • 2018 • ` 550.00

Money, Banking and International Trade 9th Ed

T.N. Hajela

About the Book

Contents

The present edition has been thoroughly revised, updated and rewritten. The book has two portions. Portion One deals with the Money and Banking and Portion Two relates to the International Trade. The book has 42 chapters in all. The entire matter has been presented in the simplest possible language and style, dividing into small headings so as the general students, who have no background in economics, can understand easily and take benefit the maximum.

MONEY AND BANKING PART ONE : MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money transactions Approach 7. The Determination of Value of Money the Keynesian Approach 8. Friedman Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10. Inflation, Deflation and Reflation 11. Phillips Curve and Stagflation 12. Theories of Trade Cycles 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16. Credit Creation by Commercial Banks17. Functions of the Central Bank 18. Central Bank and Credit Control 19. Monetary Policy 20. Indian Money Market and Capital Market 21. The Indian Banking System 22. Commercial Banks in India 23. Nationalisation of Banks in India 24. The Reserve Bank of India 25. Monetary Policy of Reserve Bank of India INTERNATIONAL TRADE PART ONE : INTERNATIONAL TRADE AND EXCHANGE 26. Theory of International Trade(The Law of Comparative Cost) 27. Modern Developments in Theory of International Trade 28. Gains from Trade and Terms of Trade 29. Free Trade versus Protection 30. Tariffs and Quotas 31. Balance of Payments 32. Problem of International Payments (Exchange Market) 33. Problem of Exchange Rates 34. Exchange Control

9788180522826 • 738 (Pb) • 2016 • ` 495.00

Money, Banking and Public Finance 8th Ed.

T.N. HajelaAbout the Book

Contents

The book has been thoroughly revised, updated and rewritten. It has two portions. Portion One deals with the Money and Banking and Potion Two relates to the Theory of Public Finance. In this edition, new matters have been added in a number of chapters particularly in Portion Two. Latest data have been given. Changes in the public finance policies, necessitated by post 1991 economic reforms, have been included at relevant places in various chapters. Chapter 47 has been rewritten after including the Government of India Budget for 2008-09.

MONEY & BANKING, PART ONE: MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money – Transactions Approach 7. The Determination of Value of Money _ The Keynesian Approach 8. Friedman’s Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10.Inflation, Deflation and Reflation 11.Philips Curve and Stagflation 12.Theories of Trade Cycles 13.Post – Keyesian Development in Trade Cycle Theories PART TWO : BANKING THEORY 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16.Credit Creation by Commercial Banks 17.Functions of the Central Bank 18.Central Bank and Credit Control 19.Monetary Policy PART THREE : BANKING IN INDIA 20.Indian Money Market and Capital Market 21.The Indian Banking System 22.Commercial Banks in India 23.Nationalisation of Banks in India 24.The Reserve Bank of India 25.Monetary Policy of Reserve Bank of India Appendics I. Full Convertibility of Rupee II. Management of Foreign Exchange Reserves PUBLIC FINANCE

9788180521614 • 806 (Pb) • 2017 • ` 650.00

ECONOMICS

Macroeconomic Theory10th Ed

T.N. Hajela

About the Book

Contents

This edition has been thoroughly revised, updated and re-written. The earlier edition had 23 chapters while this edition contains 42 chapters. In all 19 new chapters have been added. The entire matter has been presented in the simplest possible language and style, dividing it into small headings so as to make it intelligible even to those who have no grounding in economics.

PART ONE : INTRODUCTION 1. Definition and Scope of Macroeconomics PART TWO : NATIONAL INCOME AND ECONOMIC ACCOUNTING 2. National Income and National Product 3. The Circular Flow of Income and Expenditure 4. National Income and Economic Welfare 5. Social Accounting or National Accounting PART THREE : NATIONAL OUTPUT AND EMPLOYMENT 6. Unemployment and Full Employment 7. Theory of Employment 8. The Consumption Function 9. The Theories of Consumption Function 10. The Investment Function 11. The Multiplier and the Accelerator 12. Post-Keynesian Developments in Investment Theory 13. Saving-Investment Equality 14. Keynes Theory of Income and Employment and Under-developed Countries PART FOUR : THEORY OF MONEY 15. Evolution and Functions of Money 16. The Determination of Value of Money: Transactions Approach 17. The Determination of Value of Money: The Keynesian Approach 18. The Neutrality and Non-Neutrality of Money 19. The Real Balance Effect 20. The Supply of Money 21. Creation of Credit 22. Central Banking: Functions and Credit Control PART FIVE : THEORY OF INTEREST 23. The Demand for Money 24. Theories of Interest Rate 25. Term Structure of Interest Rates PART SIX : THEORY OF PRICES 26. Inflation, Deflation and Reflation 27. Price Changes and Level of Unemployment (Phillips Curve and Stagflation) 28. Theories of Trade Cycles 29. Samuelsons Multiplier-Accelerator Interaction Model of Trade Cycle 30. Hicks Model of the Trade Cycle 31. Kaldors Model of the Trade Cycle PART SEVEN : MACROECONOMIC POLICY 32. Objectives of Macroeconomic Policy 33. Monetary Policy: Objectives, Targets and Indicators 34. Operational Aspects of Monetary Policy 35. The Liquidity Theory of Money 36. Fiscal Policy for Stable Growth 37. Fiscal Policy for Economic Development 38. Efficacy of Monetary and Fiscal Policies 39. Coordination between Instruments and Objectives of Monetary and Fiscal Policies 40. Monetarism Versus Keynesianism 41. Non-Banking Financial Intermediaries (NBFls) Appendix-I—A Note on Supply-Side Economics Appendix-II—A Note on New Classical Macroeconomics, Select Bibliography

9788180522826 • 738 (Pb) • 2016 • ` 495.00

Money and Banking Theory with Indian Banking

T.N. Hajela

About the Book This edition has been thoroughly revised, updated and rewritten. The book has been divided into three parts containing 25 chapters in all. Part One on Money comprises thirteen chapters. Part Two on Banking Theory contains six chapters. Part Three deals with the Banking in India. It comprises six chapters. At the end, two appendices have been added which cover significant subjects in view of the prevailing macro-economic conditions in India.

Since, this is a textbook primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian universities; it covers broadly the syllabi of almost all the universities. The entire text and other matters have been presented in such an easy way that can be understood and grasped even by those students who have no background in economics. The author is confident that this book will be equally useful for those appearing in examinations at All India and State level competitions.

9789385462221 • 456 (Pb) • 2018 • ` 550.00

Money, Banking and International Trade 9th Ed

T.N. Hajela

About the Book

Contents

The present edition has been thoroughly revised, updated and rewritten. The book has two portions. Portion One deals with the Money and Banking and Portion Two relates to the International Trade. The book has 42 chapters in all. The entire matter has been presented in the simplest possible language and style, dividing into small headings so as the general students, who have no background in economics, can understand easily and take benefit the maximum.

MONEY AND BANKING PART ONE : MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money transactions Approach 7. The Determination of Value of Money the Keynesian Approach 8. Friedman Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10. Inflation, Deflation and Reflation 11. Phillips Curve and Stagflation 12. Theories of Trade Cycles 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16. Credit Creation by Commercial Banks17. Functions of the Central Bank 18. Central Bank and Credit Control 19. Monetary Policy 20. Indian Money Market and Capital Market 21. The Indian Banking System 22. Commercial Banks in India 23. Nationalisation of Banks in India 24. The Reserve Bank of India 25. Monetary Policy of Reserve Bank of India INTERNATIONAL TRADE PART ONE : INTERNATIONAL TRADE AND EXCHANGE 26. Theory of International Trade(The Law of Comparative Cost) 27. Modern Developments in Theory of International Trade 28. Gains from Trade and Terms of Trade 29. Free Trade versus Protection 30. Tariffs and Quotas 31. Balance of Payments 32. Problem of International Payments (Exchange Market) 33. Problem of Exchange Rates 34. Exchange Control

9788180522826 • 738 (Pb) • 2016 • ` 495.00

Money, Banking and Public Finance 8th Ed.

T.N. HajelaAbout the Book

Contents

The book has been thoroughly revised, updated and rewritten. It has two portions. Portion One deals with the Money and Banking and Potion Two relates to the Theory of Public Finance. In this edition, new matters have been added in a number of chapters particularly in Portion Two. Latest data have been given. Changes in the public finance policies, necessitated by post 1991 economic reforms, have been included at relevant places in various chapters. Chapter 47 has been rewritten after including the Government of India Budget for 2008-09.

MONEY & BANKING, PART ONE: MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money – Transactions Approach 7. The Determination of Value of Money _ The Keynesian Approach 8. Friedman’s Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10.Inflation, Deflation and Reflation 11.Philips Curve and Stagflation 12.Theories of Trade Cycles 13.Post – Keyesian Development in Trade Cycle Theories PART TWO : BANKING THEORY 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16.Credit Creation by Commercial Banks 17.Functions of the Central Bank 18.Central Bank and Credit Control 19.Monetary Policy PART THREE : BANKING IN INDIA 20.Indian Money Market and Capital Market 21.The Indian Banking System 22.Commercial Banks in India 23.Nationalisation of Banks in India 24.The Reserve Bank of India 25.Monetary Policy of Reserve Bank of India Appendics I. Full Convertibility of Rupee II. Management of Foreign Exchange Reserves PUBLIC FINANCE

9788180521614 • 806 (Pb) • 2017 • ` 650.00

ECONOMICS

Public Finance 5th Ed

T.N. Hajela

About the Book

Contents

The book presents a critical analysis of all the important issues connected with the theory and policy of public finance. The book is divided into two parts. Part ONE deals with the theory of public finance and Part TWO provides a discussion on the policy related issues in the context of Indian economy. In this edition, new matter has been added in a number of chapters particularly in Part Two. Latest data have been added wherever possible. An Appendix of Government of India Budgets for 2013-14 and 2014-15 has been added at the end of this book.

PART ONE : THEORY OF PUBLIC FINANCE 1. Nature and Significance of Public Finance, 2. The Theory of Public Finance, 3. The Principle of Maximum Social Advantage, 4. Public Revenue—General Issues, 5. The Distribution of Tax Burden, 6. Taxable Capacity, 7. Impact and Incidence of Taxes, 8. Prof. Musgrave on Shifting of Incidence, 9. The Problem of Excess Burden and the Principle of Tax Neutrality, 10. Problem of Double Taxation, 11. Classification and Choice of Taxes, 12. Value Added Tax (VAT),13. Effects of Taxation, 14. Public Expenditure—General Issues,15. Objectives and Principles of Public Expenditure, 16. Effects of Public Expenditure, 17. Public Debt—General Issues, 18. Management of Public Debt, 19. The Public Budget, 20. Techniques of Budgeting, 21. Fiscal Policy, 22. Deficit Financing, 23. Development Finance, 24. Financial Administration, 25. Principles of Federal Finance, 26. Public Enterprises, PART TWO: INDIAN PUBLIC FINANCE 27. Indian Federal Finance, 28. Finance Commissions and Their Recommendations, 29. Review of Centre-State Financial Relations in India, 30. Public Expenditure in India, 31. Public Debt in India, 32. Railway Finance in India, 33. Sources of Revenue of Central Government in India (Tax and Non-Tax Revenue), 34. Sources of Revenue of State Governments in India, 35. Local Finance in India, 36. The Indian Tax System : General Observations, Appendix: Government of India Budgets 2013-14 and 2014-15.

9789384726164 • 544 (Pb) • 2018 • ` 495.00

Economics of Environment & Development

Pushpam Kumar

About the Book

Contents

This textbook is essentially meant to cater to needs of students of Economics, Business Economics and allied areas at the undergraduate and postgraduate level. The Syllabus of the paper in Environmental and Resource Economics currently adopted in the University of Delhi and other universities in the country has been kept in mind while designing this book. It includes specially contributed articles by acknowledged experts of the discipline from all over the world.

1. Introduction (Pushpam Kumar) 2. The Sutainnomics Transdisciplinary Metaframework for making Development More Sustainable : Applications to Energy Issues (Mohan Munasinghe) 3. Valuation as Part of Micro Economics for Ecological Sustainability (Peter Soderbaum) 4 : Methods for Calculating the costs and Benefits of Environmental Change : A Critical review (Clive L. Spash) 5. Market Based Instruments for Pollution Abatement in India (M N Murthy) 6. Integrated Environment and Economic Accounting : Framework for SNA Satelite System (Peter Bartelmus, Carsten Stahmer and Jan Van Tongeren) 7. Formal Models and Practical Measurement for Greening the accounts (Kirk Hamilton) 8. The Standard Welfare Economics of Policies Affecting Trade and the Environment (Kym Anderson) 9. General Models of Environmental policy and Foreign Trade (Karl W. Steininger) 10. Partial Equilibrium Models of Trade and the Environment (Kerry Krutilla) 11. Environmental Policy in Open Economies (Maichael Rauscher) 12. Environmental Management in Business Firm (Pushpam Kumar) 13. Poverty and Environment Degradation : A Review and Analysis of the Nexus (A K Duraiappah)

9788180520570 • 356 (Pb) • 2017 (R) • ` 495.00

The Economics of Labour Markets

Vijay K. SethSuresh Chand Aggarwal

About the Book

Contents

Based on empirical research and a critical analysis of a vast literature, this book deals with a spectrum of issues relating to labour markets in India. Among the numerous issues dealt in this book are debate on employment potential in the organized industry at various stages of policy reforms, variations in demands for labour across policy reforms, methods of labour adjustments and so on. This book will provide useful insights to organizations that are concerned with the interests of workers. An invaluable reference for economists, policy makers and management experts.

Acknowledgements, List of Tables, List of figures, Introduction, CHAPTER : 1 Demand for labour in the Organised Industry 1.1 Macro economic Perspective 1.2 Micro economic perspective 1.3 Dynamic Micro Level influences on Labour Demand CHAPTER : 2 Labour Market Institution in India 2.1 Institutional Setting of the Working of the Organised Industry 2.2 Institutional Setting of the Indian Labour Market 2.3 Restructuring of the Organised Industrial Sector 2.4 Summary and Conclusion CHAPTER : 3 Demand for Labour in the Indian Organised Industry 3.1 Review of Literature on Labour Demand function 3.2 Methodology and Database 3.3 Estimates of Demand for Labour in the Aggreagate Industrial Sector 3.4 Inter- industry Variation in Demand for Labour 3.5 Employment Functions 3.6 Summary and Conclusion Appendix A 3.1 Annual Survey of Industries Appendix A 3.2 Economics of Non Production Workers CHAPTER : 4 Structural Changes in Demand for Labour in the Organised Industry 4.1 Identification of Structural Breaks Based on Growth Rates 4.2 Estimation of Inter-temporal Variation in Elasticity of Labour Demand 4.3 Variables and Estimates 4.4 Elasticity of Labour Demand Using Labour Demand Function 4.5 Inter industry Variation in Demand Function 4.6 Summary and conclusion CHAPTER : 5 Adjustment Process in the Labour Market : A Theoretical Perspective 5.1 Death and Birth of Enterprises 5.2 Job Creation , Job Destruction and Demand For Labour 5.3 Labour Hoarding, Redundancy and Demand for Labour 5.4 Summary and Conclusion CHAPETER : 6 Redundancy or Labour Hoarding: Trends and Determinants 6.1 concept and Measurement of Labour Hoarding and Redundancy 6.2 Trends in Labour Hoarding and Redundancy in India6.3 Determinants of Labour Hoarding 6.4 Summary and Conclusion CHAPTER : 7 Summary and Conclusion, References, Index.

9789385259463 • 272 (Pb) • 2015 • ` 495.00

Economics of Services Story of transformation of Cindrella into queen of hearts

Vijay K. Seth

About the Book

Contents

This book is a biography of the Economics of Services. In this book, an attempt has been made to trace the life of economics of services from a Cindrella like status to being the Queen of Hearts. It explains the process which led to the recognition, accommodation and measurement of contribution of services to national income and employment has been narrated. The book also deals with the historical process which eliminated the illusion of economists regarding non-tradability of services and compelled them to accept that services are being traded globally in different modes. This book will help economists to peep into the world of economics of services and appreciate its rich and varied traditions.

Introduction, 1 Services in Economic Analysis, 2 Conceptualization of Services, 3 Categorization of Services, 4 Inter-Sectoral Shifts in Employment, 5 Changing Composition of Employment in Services, 6 Services in the National Accounting Framework, 7 Global Trade in Services heoretical Issues, References, Index.

9788180522055 • 256 (Pb) • 2008 • ` 210.00

ECONOMICS

Public Finance 5th Ed

T.N. Hajela

About the Book

Contents

The book presents a critical analysis of all the important issues connected with the theory and policy of public finance. The book is divided into two parts. Part ONE deals with the theory of public finance and Part TWO provides a discussion on the policy related issues in the context of Indian economy. In this edition, new matter has been added in a number of chapters particularly in Part Two. Latest data have been added wherever possible. An Appendix of Government of India Budgets for 2013-14 and 2014-15 has been added at the end of this book.

PART ONE : THEORY OF PUBLIC FINANCE 1. Nature and Significance of Public Finance, 2. The Theory of Public Finance, 3. The Principle of Maximum Social Advantage, 4. Public Revenue—General Issues, 5. The Distribution of Tax Burden, 6. Taxable Capacity, 7. Impact and Incidence of Taxes, 8. Prof. Musgrave on Shifting of Incidence, 9. The Problem of Excess Burden and the Principle of Tax Neutrality, 10. Problem of Double Taxation, 11. Classification and Choice of Taxes, 12. Value Added Tax (VAT),13. Effects of Taxation, 14. Public Expenditure—General Issues,15. Objectives and Principles of Public Expenditure, 16. Effects of Public Expenditure, 17. Public Debt—General Issues, 18. Management of Public Debt, 19. The Public Budget, 20. Techniques of Budgeting, 21. Fiscal Policy, 22. Deficit Financing, 23. Development Finance, 24. Financial Administration, 25. Principles of Federal Finance, 26. Public Enterprises, PART TWO: INDIAN PUBLIC FINANCE 27. Indian Federal Finance, 28. Finance Commissions and Their Recommendations, 29. Review of Centre-State Financial Relations in India, 30. Public Expenditure in India, 31. Public Debt in India, 32. Railway Finance in India, 33. Sources of Revenue of Central Government in India (Tax and Non-Tax Revenue), 34. Sources of Revenue of State Governments in India, 35. Local Finance in India, 36. The Indian Tax System : General Observations, Appendix: Government of India Budgets 2013-14 and 2014-15.

9789384726164 • 544 (Pb) • 2018 • ` 495.00

Economics of Environment & Development

Pushpam Kumar

About the Book

Contents

This textbook is essentially meant to cater to needs of students of Economics, Business Economics and allied areas at the undergraduate and postgraduate level. The Syllabus of the paper in Environmental and Resource Economics currently adopted in the University of Delhi and other universities in the country has been kept in mind while designing this book. It includes specially contributed articles by acknowledged experts of the discipline from all over the world.

1. Introduction (Pushpam Kumar) 2. The Sutainnomics Transdisciplinary Metaframework for making Development More Sustainable : Applications to Energy Issues (Mohan Munasinghe) 3. Valuation as Part of Micro Economics for Ecological Sustainability (Peter Soderbaum) 4 : Methods for Calculating the costs and Benefits of Environmental Change : A Critical review (Clive L. Spash) 5. Market Based Instruments for Pollution Abatement in India (M N Murthy) 6. Integrated Environment and Economic Accounting : Framework for SNA Satelite System (Peter Bartelmus, Carsten Stahmer and Jan Van Tongeren) 7. Formal Models and Practical Measurement for Greening the accounts (Kirk Hamilton) 8. The Standard Welfare Economics of Policies Affecting Trade and the Environment (Kym Anderson) 9. General Models of Environmental policy and Foreign Trade (Karl W. Steininger) 10. Partial Equilibrium Models of Trade and the Environment (Kerry Krutilla) 11. Environmental Policy in Open Economies (Maichael Rauscher) 12. Environmental Management in Business Firm (Pushpam Kumar) 13. Poverty and Environment Degradation : A Review and Analysis of the Nexus (A K Duraiappah)

9788180520570 • 356 (Pb) • 2017 (R) • ` 495.00

The Economics of Labour Markets

Vijay K. SethSuresh Chand Aggarwal

About the Book

Contents

Based on empirical research and a critical analysis of a vast literature, this book deals with a spectrum of issues relating to labour markets in India. Among the numerous issues dealt in this book are debate on employment potential in the organized industry at various stages of policy reforms, variations in demands for labour across policy reforms, methods of labour adjustments and so on. This book will provide useful insights to organizations that are concerned with the interests of workers. An invaluable reference for economists, policy makers and management experts.

Acknowledgements, List of Tables, List of figures, Introduction, CHAPTER : 1 Demand for labour in the Organised Industry 1.1 Macro economic Perspective 1.2 Micro economic perspective 1.3 Dynamic Micro Level influences on Labour Demand CHAPTER : 2 Labour Market Institution in India 2.1 Institutional Setting of the Working of the Organised Industry 2.2 Institutional Setting of the Indian Labour Market 2.3 Restructuring of the Organised Industrial Sector 2.4 Summary and Conclusion CHAPTER : 3 Demand for Labour in the Indian Organised Industry 3.1 Review of Literature on Labour Demand function 3.2 Methodology and Database 3.3 Estimates of Demand for Labour in the Aggreagate Industrial Sector 3.4 Inter- industry Variation in Demand for Labour 3.5 Employment Functions 3.6 Summary and Conclusion Appendix A 3.1 Annual Survey of Industries Appendix A 3.2 Economics of Non Production Workers CHAPTER : 4 Structural Changes in Demand for Labour in the Organised Industry 4.1 Identification of Structural Breaks Based on Growth Rates 4.2 Estimation of Inter-temporal Variation in Elasticity of Labour Demand 4.3 Variables and Estimates 4.4 Elasticity of Labour Demand Using Labour Demand Function 4.5 Inter industry Variation in Demand Function 4.6 Summary and conclusion CHAPTER : 5 Adjustment Process in the Labour Market : A Theoretical Perspective 5.1 Death and Birth of Enterprises 5.2 Job Creation , Job Destruction and Demand For Labour 5.3 Labour Hoarding, Redundancy and Demand for Labour 5.4 Summary and Conclusion CHAPETER : 6 Redundancy or Labour Hoarding: Trends and Determinants 6.1 concept and Measurement of Labour Hoarding and Redundancy 6.2 Trends in Labour Hoarding and Redundancy in India6.3 Determinants of Labour Hoarding 6.4 Summary and Conclusion CHAPTER : 7 Summary and Conclusion, References, Index.

9789385259463 • 272 (Pb) • 2015 • ` 495.00

Economics of Services Story of transformation of Cindrella into queen of hearts

Vijay K. Seth

About the Book

Contents

This book is a biography of the Economics of Services. In this book, an attempt has been made to trace the life of economics of services from a Cindrella like status to being the Queen of Hearts. It explains the process which led to the recognition, accommodation and measurement of contribution of services to national income and employment has been narrated. The book also deals with the historical process which eliminated the illusion of economists regarding non-tradability of services and compelled them to accept that services are being traded globally in different modes. This book will help economists to peep into the world of economics of services and appreciate its rich and varied traditions.

Introduction, 1 Services in Economic Analysis, 2 Conceptualization of Services, 3 Categorization of Services, 4 Inter-Sectoral Shifts in Employment, 5 Changing Composition of Employment in Services, 6 Services in the National Accounting Framework, 7 Global Trade in Services heoretical Issues, References, Index.

9788180522055 • 256 (Pb) • 2008 • ` 210.00

ECONOMICS

11 www.anebooks.com10 www.anebooks.com

ECONOMICS

9789380156811 • 286 (Pb) • 2018 (R) • ` 350.00

Industrial Economics

Ranjana Seth

About the Book

Contents

The industrial economy of India has undergone rapid changes in recent years. Effort has been made in this book to focus on the major aspects of industrialisation. It has been attempted to analyse in a comprehensive, consistent and compact manner issues related to concept, problems of industrial growth in India.

The book has been divided into 16 chapters. The book emphasis on the topics relating to the problems of industrialisation, market behaviour of business firm under different

market conditions, factors promoting location of industries, problems of regional imbalance and ways to resolve them. Attempt has also been made to focus on issues related to industrial efficiency, industrial productivity-rationalisation, scientific management, cost-benefit analysis, industrial policy and industrial development during plans with special emphasis on role of multinational companies, globalisation and industrialisation of India.

Preface 1. Industry and Economic Development 2. Market Structure 3. Industrial Location 4. Dispersion and Problem of Regional Imbalance in India 5. Industrial Organisation and Ownership Structure 6. Size Optimum Unit 7. Economics of Scale 8. Rationalisation in Industry Automation and Standarisation 9. Industrial Productivity 10.Introduction to Cost Benefit Analysis 11.Industrial Policy and Indian Planning 12.Multinational's in India 13.Problem's of Large Scale Industries in India 14.Small Scale Enterprises 15.Industrial Development during the Planning Period 16. Nature of Industrial Sickness, Bibliography, Reports and Journals, Index

9788180522000 • 176 (Pb) • 2017 (R) • ` 195.00

Introduction to Agricultural Economics and Agribusiness ManagementJ. M. TalathiV. G. NaikV. N. Jalgaonkar

About the Book

Contents

The students of agricultural economics should have clear insight and understanding of intricacies involved in agricultural sector. The developing economy characteristics in India reveal the heavy dependence of its economy on agriculture. In the post independence era, India has had some great achievements on the production side of agriculture that has given good encouragement to Agribusiness development. The Agribusiness is influenced by a variety of factors such as number of Agribusiness firms, rapport between Agribusiness firms, seasonality in agricultural production and their impact on market behaviour and government and international policies. Thus, understanding Agribusiness sector is extremely important and its success would depend on a clear and focussed vision with immaculate organizational planning.

Part-I: Introduction to Agricultural Economics; 1. Introduction to Economics 2. Agricultural Economics 3. Consumption, Wants and their Characteristics 4. Standard of Living 5. Laws of Consumption 6. Production and Factors of Production 7. Concept of National Income 8. Public Finance 9. Characteristics of Agriculture and Industry 10. Agricultural Holding 11. Land Tenure Systems 12. Farm Mechanisation, Part-II: Agribusiness Management; 13. Agricultural Business Management 14. Forms of Business Organisation 15. Production Relationships 16. Cost Concept 17. Farm Planning 18. Agricultural Marketing 19. Agribusiness and Balance Sheet Analysis 20. Project Preparation 21. Role of Agro-processing in Agribusiness Development, Bibliography

Economics of Sustainable Agriculture and Alternate Production Systems

Gangadhar BanerjeeSrijeet Banerji

About the Book

Contents

The book outlines the dynamics, issues and concerns of food security, sustainable development in agriculture, soil nutrients and water use efficiency, equitable distribution of gains, income and employment, etc. The book makes an attempt to describe the contribution of biotechnology in agriculture. It focuses on the major problems that have continued to plague Indian corporate farming like poor availability of quality seeds and planting materials; limited adoption of modern cultural and

cultivation practices; delay and poor application of irrigation and technologies; scattered use of crop protection techniques; slow development of harvest and post-harvest technologies; inadequate storage and logistics and dearth of transport and road network. Both government and industry level initiatives have been discussed for developing future strategies. An endeavour was made to deliberate on corporate farming and contract farming – a vehicle for the transfer of technology, modernization of peasant small-holdings and the creation of a stable and politically conservative class of family. As for organic production, it requires highly focused attention to specifications, monitoring, procurement system and payment.

Section 1: Agriculture Strategies and Trade Opportunities 1. Indian Agriculture—A Vibrant and Cost Effective Sector 2. Indian Agriculture— Developments, Issues and Challenges 3. Some Aspects of Food Security Section 2: Development Needs for Future Generations 4. Sustainable Agriculture and Rural Development: Issues and Strategies 5. Biotechnology: The Second Green Revolution in Indian Agriculture 6. Organic Agriculture—A Consumer Driven Phenomenon Section 3: Alternative Agricultural Production Systems 7. Corporate Farming 8. Contractual Farming 9. Dryland and Rainfed Farming—A Balance Strategy Vital 10. Features of Dry Farm Technologies (DFTs) 11. Agro-Based Industries 12. Poultry Farming in India—A Dynamic Agri-Business, Bibliography.

9789385462474 • 236 (Hb) • 2017 • ` 1195.00

9780415375856 • 336 (Pb) • 2008 • ` 595.00

Financial Economics

Chris Jones

About the Book

Contents

Whilst many undergraduate finance textbooks are largely descriptive in nature, the economic analysis in most graduate texts is too advanced for latter year undergraduates. This book bridges the gap between these two extremes, offering a textbook that studies economic activity in financial markets, focusing on how consumers determine future consumption and on the role of financial securities.

1. Introduction 2. Investment Decisions Under Certainty 3. Uncertainty and Risk 4. Asset Pricing Models 5. Private Insurance With Asymmetric Information 6. Derivative Securities 7. Corporate Finance 8. Project Evaluation and the Social Discount Rate

INDIANREPRINT

ECONOMICS

11 www.anebooks.com10 www.anebooks.com

ECONOMICS

9789380156811 • 286 (Pb) • 2018 (R) • ` 350.00

Industrial Economics

Ranjana Seth

About the Book

Contents

The industrial economy of India has undergone rapid changes in recent years. Effort has been made in this book to focus on the major aspects of industrialisation. It has been attempted to analyse in a comprehensive, consistent and compact manner issues related to concept, problems of industrial growth in India.

The book has been divided into 16 chapters. The book emphasis on the topics relating to the problems of industrialisation, market behaviour of business firm under different

market conditions, factors promoting location of industries, problems of regional imbalance and ways to resolve them. Attempt has also been made to focus on issues related to industrial efficiency, industrial productivity-rationalisation, scientific management, cost-benefit analysis, industrial policy and industrial development during plans with special emphasis on role of multinational companies, globalisation and industrialisation of India.

Preface 1. Industry and Economic Development 2. Market Structure 3. Industrial Location 4. Dispersion and Problem of Regional Imbalance in India 5. Industrial Organisation and Ownership Structure 6. Size Optimum Unit 7. Economics of Scale 8. Rationalisation in Industry Automation and Standarisation 9. Industrial Productivity 10.Introduction to Cost Benefit Analysis 11.Industrial Policy and Indian Planning 12.Multinational's in India 13.Problem's of Large Scale Industries in India 14.Small Scale Enterprises 15.Industrial Development during the Planning Period 16. Nature of Industrial Sickness, Bibliography, Reports and Journals, Index

9788180522000 • 176 (Pb) • 2017 (R) • ` 195.00

Introduction to Agricultural Economics and Agribusiness ManagementJ. M. TalathiV. G. NaikV. N. Jalgaonkar

About the Book

Contents

The students of agricultural economics should have clear insight and understanding of intricacies involved in agricultural sector. The developing economy characteristics in India reveal the heavy dependence of its economy on agriculture. In the post independence era, India has had some great achievements on the production side of agriculture that has given good encouragement to Agribusiness development. The Agribusiness is influenced by a variety of factors such as number of Agribusiness firms, rapport between Agribusiness firms, seasonality in agricultural production and their impact on market behaviour and government and international policies. Thus, understanding Agribusiness sector is extremely important and its success would depend on a clear and focussed vision with immaculate organizational planning.

Part-I: Introduction to Agricultural Economics; 1. Introduction to Economics 2. Agricultural Economics 3. Consumption, Wants and their Characteristics 4. Standard of Living 5. Laws of Consumption 6. Production and Factors of Production 7. Concept of National Income 8. Public Finance 9. Characteristics of Agriculture and Industry 10. Agricultural Holding 11. Land Tenure Systems 12. Farm Mechanisation, Part-II: Agribusiness Management; 13. Agricultural Business Management 14. Forms of Business Organisation 15. Production Relationships 16. Cost Concept 17. Farm Planning 18. Agricultural Marketing 19. Agribusiness and Balance Sheet Analysis 20. Project Preparation 21. Role of Agro-processing in Agribusiness Development, Bibliography

Economics of Sustainable Agriculture and Alternate Production Systems

Gangadhar BanerjeeSrijeet Banerji

About the Book

Contents

The book outlines the dynamics, issues and concerns of food security, sustainable development in agriculture, soil nutrients and water use efficiency, equitable distribution of gains, income and employment, etc. The book makes an attempt to describe the contribution of biotechnology in agriculture. It focuses on the major problems that have continued to plague Indian corporate farming like poor availability of quality seeds and planting materials; limited adoption of modern cultural and

cultivation practices; delay and poor application of irrigation and technologies; scattered use of crop protection techniques; slow development of harvest and post-harvest technologies; inadequate storage and logistics and dearth of transport and road network. Both government and industry level initiatives have been discussed for developing future strategies. An endeavour was made to deliberate on corporate farming and contract farming – a vehicle for the transfer of technology, modernization of peasant small-holdings and the creation of a stable and politically conservative class of family. As for organic production, it requires highly focused attention to specifications, monitoring, procurement system and payment.

Section 1: Agriculture Strategies and Trade Opportunities 1. Indian Agriculture—A Vibrant and Cost Effective Sector 2. Indian Agriculture— Developments, Issues and Challenges 3. Some Aspects of Food Security Section 2: Development Needs for Future Generations 4. Sustainable Agriculture and Rural Development: Issues and Strategies 5. Biotechnology: The Second Green Revolution in Indian Agriculture 6. Organic Agriculture—A Consumer Driven Phenomenon Section 3: Alternative Agricultural Production Systems 7. Corporate Farming 8. Contractual Farming 9. Dryland and Rainfed Farming—A Balance Strategy Vital 10. Features of Dry Farm Technologies (DFTs) 11. Agro-Based Industries 12. Poultry Farming in India—A Dynamic Agri-Business, Bibliography.

9789385462474 • 236 (Hb) • 2017 • ` 1195.00

9780415375856 • 336 (Pb) • 2008 • ` 595.00

Financial Economics

Chris Jones

About the Book

Contents

Whilst many undergraduate finance textbooks are largely descriptive in nature, the economic analysis in most graduate texts is too advanced for latter year undergraduates. This book bridges the gap between these two extremes, offering a textbook that studies economic activity in financial markets, focusing on how consumers determine future consumption and on the role of financial securities.

1. Introduction 2. Investment Decisions Under Certainty 3. Uncertainty and Risk 4. Asset Pricing Models 5. Private Insurance With Asymmetric Information 6. Derivative Securities 7. Corporate Finance 8. Project Evaluation and the Social Discount Rate

INDIANREPRINT

ECONOMICS

Applied Economics

A.J. Brown

Contents1. Studies In Re-armament 2. Economic War Efforts – A Comparison 3. Wartime Inflation 4. World Population Studies 5. Industrial Efficiency And National Advantages 6. Studies Of International Trade 7. The Economic Impact Of Atomic Energy, Index

9780415607353 • 254 (Pb) • 2014 • £ 14.00

Economics for Business

Chris MulhearnHoward R. VaneJames Eden

Reviews

About the Book

Contents

'This excellent and carefully written text explains and demonstrates the relevance of economic thinking for management. The authors cut through the hype which characterises so much of modern management fadism and through carefully explained concepts show how clarity of thought can greatly assist management decision making. No prior knowledge is assumed but by the end of reading this book a considerable amount of economic knowledge will have been acquired.' - Professor Peter M. Jackson, Director, University of Leicester Management Centre

'It is well written and makes the subject accessible to readers. The chapters are appropriately ordered and divided and it would be easy to use this text for teaching purposes.' - Chris Britton, Principal Lecturer, De Montfort University.

'The authors are to be congratulated for having achieved their goal of producing an authoritative text which is well formulated and accessible.' - Geoffrey Thomas, Teacher in Economics & Business Studies, Ernest Bevin School.

Economics for Business offers an interactive and illuminating interpretation of the economics that anyone studying business needs to understand. The book explains how firms, consumers and government interact in markets, and how, from a business perspective, the economy as a whole operates.

Using numerous examples and case studies, Economics for Business brings economic ideas alive in a real world setting. Each chapter concludes with a series of questions and reflective exercises designed to reinforce and deepen the reader's understanding. The book gets right to the heart of the central economic debates shaping our society: Is the Euro a good idea? Can politicians be trusted to run the economy? Designed specifically to show the real-life relevance of economics to business students, Economics for Business provides a stimulating and flexible core-text for undergraduate and HND students.

Preface, Economics and Business, The Market, The Firm, Firms' Costs and Revenue, Market Concentration and Power, Investment Policy and Appraisal, Business and Government, Factor Markets, The Macroeconomy, Macroeconomic Policy and Business, Unemployment, Economic Growth and the Business Cycle, Stabilising the Economy, International Trade, Balance of Payments and Exchange Rates, Transnationals, Globalization, Answers to Self-Test Questions, Glossary, Bibliography, Index.

9780230226463 • 432 (Pb) • 2008 • £ 8.99

Environmental and Economic Sustainability

Paul E. HardistyAbout the Book

Contents

Never before has the quest to balance the needs of people, the environment, and the economy been so important. While sustainability has been widely taken up by governments and business, the world has continued to move in increasingly unsustainable directions, from continued dependence on fossil energy to rising greenhouse gas emissions, and erosion of biodiversity. We know what the right thing to do is, but somehow we cannot make the changes that are needed, and so we continue with business as usual, producing business-as-usual results.

Based on more than fifteen years of research and practice, Environmental and Economic Sustainability introduces the environmental and economic sustainability assessment (EESA), a new way to make decisions that meets the challenges of the 21st century. Incorporating elements of life-cycle analysis, risk assessment, cost-benefit analysis, and comprehensive sensitivity analysis, EESA provides a fully quantitative, objective, and rational way to include all of the social, environmental, and economic issues relevant to a decision into one comprehensive analysis. The author demonstrates how to apply EESA using examples across a number of major industries, including petroleum, mining, and public utilities, and covering key issues such as water, greenhouse gases, waste, contaminated sites, and renewable energy.

Introduction, Sustainability in the Twenty-first Century, Quantifying Sustainability for Improved Decision Making, Water, Greenhouse Gases and Climate Change, Energy, Contaminated Sites and Waste, Best Practice for the Twenty-first Century, Index.

9781420059489 • 272 (Hb) • 2015 (R) • ` 3995.00

International Finance and Open-Economy Macroeconomics

Giancarlo Gandolfo

About the Book

Contents

“ The International banking and currency crisis, and the advent of the European Union, have made the subject of international finance one of the most important areas of economics for research and policy. Unfortunately, the older theories have been disappointing in their explanatory power. Both graduate students, researchers and staff economists in the European Central Bank, the independent central banks, the IMF and the World Bank will greately benefit from an evaluation of the state of the art. Professor Gandolfo has written what will be a classic in international finance. His erudition, expository and technical skills are combined to fulfil these needs, He explains with great lucidity the strengths and weakness of various approaches. The exposition is carried out at several levels, similar to the way that Irving Fisher wrote his celebrated books. The literary part is clear, and the underlying intuition of the arguments is stressed. This is followed by a mathematical analysis, which uses the state of the art techniques. In this manner the reader can go from the intuition – literary argument to the formal derivations and proofs.

Preface, Introduction, I. The Basics, II. Flow Approaches, III. Stock and Stock-Flow Approaches, IV. The Exchange Rate, V. The Intertemporal Approach, VI. International Monetary Integration, VII. Problems of the International Monetary (Non)System, VIII. Appendices, Index.

9788181284174 • 640 (Pb) • 2006 • ` 995.00

INDIANREPRINT

ECONOMICS

Applied Economics

A.J. Brown

Contents1. Studies In Re-armament 2. Economic War Efforts – A Comparison 3. Wartime Inflation 4. World Population Studies 5. Industrial Efficiency And National Advantages 6. Studies Of International Trade 7. The Economic Impact Of Atomic Energy, Index

9780415607353 • 254 (Pb) • 2014 • £ 14.00

Economics for Business

Chris MulhearnHoward R. VaneJames Eden

Reviews

About the Book

Contents

'This excellent and carefully written text explains and demonstrates the relevance of economic thinking for management. The authors cut through the hype which characterises so much of modern management fadism and through carefully explained concepts show how clarity of thought can greatly assist management decision making. No prior knowledge is assumed but by the end of reading this book a considerable amount of economic knowledge will have been acquired.' - Professor Peter M. Jackson, Director, University of Leicester Management Centre

'It is well written and makes the subject accessible to readers. The chapters are appropriately ordered and divided and it would be easy to use this text for teaching purposes.' - Chris Britton, Principal Lecturer, De Montfort University.

'The authors are to be congratulated for having achieved their goal of producing an authoritative text which is well formulated and accessible.' - Geoffrey Thomas, Teacher in Economics & Business Studies, Ernest Bevin School.

Economics for Business offers an interactive and illuminating interpretation of the economics that anyone studying business needs to understand. The book explains how firms, consumers and government interact in markets, and how, from a business perspective, the economy as a whole operates.

Using numerous examples and case studies, Economics for Business brings economic ideas alive in a real world setting. Each chapter concludes with a series of questions and reflective exercises designed to reinforce and deepen the reader's understanding. The book gets right to the heart of the central economic debates shaping our society: Is the Euro a good idea? Can politicians be trusted to run the economy? Designed specifically to show the real-life relevance of economics to business students, Economics for Business provides a stimulating and flexible core-text for undergraduate and HND students.

Preface, Economics and Business, The Market, The Firm, Firms' Costs and Revenue, Market Concentration and Power, Investment Policy and Appraisal, Business and Government, Factor Markets, The Macroeconomy, Macroeconomic Policy and Business, Unemployment, Economic Growth and the Business Cycle, Stabilising the Economy, International Trade, Balance of Payments and Exchange Rates, Transnationals, Globalization, Answers to Self-Test Questions, Glossary, Bibliography, Index.

9780230226463 • 432 (Pb) • 2008 • £ 8.99

Environmental and Economic Sustainability

Paul E. HardistyAbout the Book

Contents

Never before has the quest to balance the needs of people, the environment, and the economy been so important. While sustainability has been widely taken up by governments and business, the world has continued to move in increasingly unsustainable directions, from continued dependence on fossil energy to rising greenhouse gas emissions, and erosion of biodiversity. We know what the right thing to do is, but somehow we cannot make the changes that are needed, and so we continue with business as usual, producing business-as-usual results.

Based on more than fifteen years of research and practice, Environmental and Economic Sustainability introduces the environmental and economic sustainability assessment (EESA), a new way to make decisions that meets the challenges of the 21st century. Incorporating elements of life-cycle analysis, risk assessment, cost-benefit analysis, and comprehensive sensitivity analysis, EESA provides a fully quantitative, objective, and rational way to include all of the social, environmental, and economic issues relevant to a decision into one comprehensive analysis. The author demonstrates how to apply EESA using examples across a number of major industries, including petroleum, mining, and public utilities, and covering key issues such as water, greenhouse gases, waste, contaminated sites, and renewable energy.

Introduction, Sustainability in the Twenty-first Century, Quantifying Sustainability for Improved Decision Making, Water, Greenhouse Gases and Climate Change, Energy, Contaminated Sites and Waste, Best Practice for the Twenty-first Century, Index.

9781420059489 • 272 (Hb) • 2015 (R) • ` 3995.00

International Finance and Open-Economy Macroeconomics

Giancarlo Gandolfo

About the Book

Contents

“ The International banking and currency crisis, and the advent of the European Union, have made the subject of international finance one of the most important areas of economics for research and policy. Unfortunately, the older theories have been disappointing in their explanatory power. Both graduate students, researchers and staff economists in the European Central Bank, the independent central banks, the IMF and the World Bank will greately benefit from an evaluation of the state of the art. Professor Gandolfo has written what will be a classic in international finance. His erudition, expository and technical skills are combined to fulfil these needs, He explains with great lucidity the strengths and weakness of various approaches. The exposition is carried out at several levels, similar to the way that Irving Fisher wrote his celebrated books. The literary part is clear, and the underlying intuition of the arguments is stressed. This is followed by a mathematical analysis, which uses the state of the art techniques. In this manner the reader can go from the intuition – literary argument to the formal derivations and proofs.

Preface, Introduction, I. The Basics, II. Flow Approaches, III. Stock and Stock-Flow Approaches, IV. The Exchange Rate, V. The Intertemporal Approach, VI. International Monetary Integration, VII. Problems of the International Monetary (Non)System, VIII. Appendices, Index.

9788181284174 • 640 (Pb) • 2006 • ` 995.00

INDIANREPRINT

14 www.anebooks.com

ECONOMICS ECONOMICS

15www.anebooks.com

9788190840675 • 644 (Pb) • 2009 • ` 295.00

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9788180521751 • 760 (Pb) • 2017 (R) • ` 595.00

9781118216934 • 574 (Hb) • 2013 • $ 117.95

Game TheoryAn Introduction 2nd ed.

E.N. Barron

About the Book

Contents

The thoroughly expanded Second Edition presents a unique, hands-on approach to game theory. While most books on the subject are too abstract or too basic for mathematicians, Game Theory: An Introduction, Second Edition offers a blend of theory and applications, allowing readers to use theory and software to create and analyze real-world decision-making models.

With a rigorous, yet accessible, treatment of mathematics, the book focuses on results that can be used to determine optimal game strategies. Game Theory: An Introduction, Second Edition demonstrates how to use modern software, such as Maple™, Mathematica®, and Gambit, to create, analyze, and implement effective decision-making models. Coverage includes the main aspects of game theory including the fundamentals of two-person zero-sum games, cooperative games, and population games as well as a large number of examples from various fields, such as economics, transportation, warfare, asset distribution, political science, and biology. The Second Edition features:

Ÿ A new chapter on extensive games, which greatly expands the implementation of available models

Ÿ New sections on correlated equilibria and exact formulas for three-player cooperative games

Ÿ Many updated topics including threats in bargaining games and evolutionary stable strategies

Ÿ Solutions and methods used to solve all odd-numbered problems

Ÿ A companion website containing the related Maple and Mathematica data sets and code

Ÿ A trusted and proven guide for students of mathematics and economics, Game Theory: An Introduction, Second Edition is also an excellent resource for researchers and practitioners in economics, finance, engineering, operations research, statistics, and computer science.

Preface for the Second Edition, Preface for the First Edition, Acknowledgments, Introduction, 1 Matrix Two-Person Games 2 Solution Methods for Matrix Games 3 Two-Person Nonzero Sum Games 4 Games in Extensive Form: Sequential Decision Making 5 n-Person Nonzero Sum Games and Games with a Continuum of Strategies 6 Cooperative Games 7 Evolutionary Stable Strategies and Population Games, Appendix A: The Essentials of Matrix Analysis, Appendix B: The Essentials of Probability, Appendix C: The Essentials of Maple, Appendix D: The Mathematica Commands, Appendix E: Biographies, Problem Solutions, References, Index