An Introduction to Economics for Students in India and PakistanThis book is deal with from the point of view of the student in an undeveloped country and the examples are taken mainly from India and Pakistan. Contents are: Preliminary considerations; Micro-economics; and macro-economics. |
Contents
PREFACE | 11 |
b The Price or Market Mechanism | 30 |
Additional Reading for Part I | 46 |
Copyright | |
10 other sections not shown
Common terms and phrases
addition adopted advanced countries agricultural analysis areas assumptions balance of payments Bank capital changes Chapter competition consumers cultivation demand and supply demand curve demand schedule depends discussed domestic earnings economic economists effects efficiency elasticity of demand employment enterprise entrepreneur expenditure exports factors of production finance firms foreign Hence imperfect competition imports improvements increase India and Pakistan indirect taxes industries instance interest investment J. R. Hicks jute land latter less loans longer-run marginal cost marginal product marginal revenue marginal utility measures methods modern sector monopolist monopoly national income necessary normally normative economics overpopulation particular planning policies prevailing principles problems profits public sector purchase quantity raise reduce relatively result rice rise rural savings scarcity secure sellers short-run social supply schedules surplus taxation techniques tend tion trade types under-employment undeveloped countries units utility wages whilst