Advanced Economic TheoryVrinda Publications P. Ltd. - The book discusses the concepts and theories relating to micro and macro economics at an advanced level.
History of Economic ThoughtVrinda Publications P Ltd. - The book traces the development of economic thought from ancient to the modern times, including Nobel laureates.
Micro Economic TheoryVrinda Publications P Ltd. - This popular textbook in india and abroad covers the topics of consumption theory, factor pricing, production theory, product pricing, welfare economics and basic concepts of microeconomics.
Monetary EconomicsVrinda Publications P Ltd. - The book discusses systematically and critically the classical, Keynesian and modern monetary theories along with banking principles and Policies.
International EconomicsVrinda Publications P Ltd. - A popular text which discusses theories problems, and policies relating to international trade and economic relations with special reference to developing countries.
Capitalism, Socialism, and DemocracyStart Publishing LLC - Capitalism, socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the new english weeklypredicted that `for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.
Fifty years on, this prediction seems a little understated.
The General Theory of Employment, Interest and Money IllustratedGreen World Publication - Keynes argues that it is wrong to assume that competitive markets will in the long run deliver full employment or that full employment is the natural, self-righting, equilibrium state of a monetary economy. The central argument of the general theory is that the level of employment is determined, not by the price of labour as in neoclassical economics, but by the spending of money aggregate demand.
Published in february 1936, commonly referred to as the "keynesian Revolution", it sought to bring about a revolution, in the way economists thought – especially in relation to the proposition that a market economy tends naturally to restore itself to full employment after temporary shocks. The general theory of employment, Interest and Money was written by the English economist John Maynard Keynes.
The General Theory of Employment, Interest and Money Illustrated - Regarded widely as the cornerstone of keynesian thought, the multiplier, the marginal efficiency of capital, the book challenged the established classical economics and introduced important concepts such as the consumption function, the principle of effective demand and liquidity preference. The book, generally considered to be his magnum opus, is largely credited with creating the terminology and shape of modern macroeconomics.
On the contrary, under-employment and under-investment are likely to be the natural state unless active measures are taken. One implication of the general theory is that an absence of competition is not the main issue regarding unemployment, and that even reducing wages or benefits have no major effect.
The Theory of Money and Credit LvMILudwig von Mises Institute - It made his reputation across Europe and established him as the most important economist of his age. This mises institute edition is the first English edition, and it comes complete with an explanatory foreword by Murray Rothbard and a preface by Douglas French. This classic treatise was the first really great integration of microeconomics and macroeconomics, and it remains the definitive book on the foundations of monetary theory.
Step by step, mises presents the case for sound money without inflation and presents the beginnings of a full-scale business-cycle theory. Mises wrote this book for the ages, thorough, and it remains the most spirited, and scientifically rigorous treatise on money ever to appear. As rothbard points out in his introduction to "the best book on money ever written, " economists have yet to absorb all its lessons.
The Theory of Money and Credit LvMI - Mises shows that money had its origin in the market, and that its value is based on its usefulness as a commodity in exchange. This edition includes mises's early blueprint, improved later in life, for a return to a fully backed gold standard and competitive banking. To search for mises institute titles, enter a keyword and LvMI short for Ludwig von Mises Institute; e.
G. Depression LvMI.
The Economics of Development and PlanningVrinda Publications P Ltd., India - 78-906121. Now running in its 40th edition, this highly acclaimed, popular and best selling text book in India and abroad and having U. S. Congress Library Catalog No.
Principles of Economics Illustratedwww.WealthOfNation.com - It ran into many editions and was the standard text for generations of economics students. The great thoughts about the rent by david ricardo and Alfred Marshall also strongly influenced Henry George, one of the greatest American economists, to lay the theoretical foundation for the property tax system that is still influencing American economy today.
Marshall’s reasoning still remains as relevant today as it was then. The book has an active table of contents for easy access to each chapter. Marshall is in the row with the greatest economists Adam Smith, Frederic Bastiat, John Keynes, John Locke, David Ricardo, and John Stuart Mill. This book is one of the most important ones about the deepest thoughts of economics by Alfred Marshall, one of the greatest thinkers of political economics on the planet.
Principles of Economics Illustrated - He coined the important economic concept of price elasticity of demand to quantify consumer sensitivity to price. His contributions to the theory of cost, Money, Credit and Commerce have become the foundation for the Austrian schools of thought. Marshall’s approach to pricing using supply and demand also laid the cornerstone work for future generations of economists in developing models to forecast price changes based on the factors inherent in supply and demand.
Principles of economics written by Marshall improved the mathematical rigor of economics and transformed it into a more scientific profession. Principles of economics was first published in 1890 and replaced economics textbook Principles of Political Economy written by John Mill as a new standard economics textbook in Cambridge.