Economics - I (The General Principles of Economics) (Notes / Guide Books)

For B.A. LL.B. (5-YDC)
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Description
A student, who reads the text books and reference books on the law subjects, faces the problem to concise the material to answer the question within stipulated time of half-an-hour or 35 minutes for each question. Because he goes to the depth of the subject. The student, who does not read the text books, also suffers from lack of knowledge on the subject. Some of the students do not get the time to study the material on law in length, sparing much time, due to their busy work, jobs etc. Keeping in view of these circumstances I prepared "Answer to the Important Questions". The student is advised to go through these answers thoroughly. I have also given the previous repeated questions of Osmania University on each subject. Similar questions may also appear in other Universities. It is not possible to give all previous questions of other Universities in this small book-let Previous questions help the student just like a torch light helps a person int he dark nights. The clever student always refers the old question papers to obtain highest marks. Hence the candidates of other Universities are advised to procure the previous question papers of their respective Universities on each subject and study the material. This book-let contains the main points, ingredients, case-law wherever necessary suggestions for improvement from the learned readers are welcome. The lapses will, it any, be rectified it future editions.
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Contents
1.    Nature of Economics
    A    : Relationship of Economics with other Sciences
    B    : General Principles of Economics
    C    : Relationship between Economics and Law
2.    Definition of Economics
3.    Different Forms of Business Organizations
4.    Free Enterprises, Planned Economy and Mixed Economy
5.    Monopolistic  Competition
6.    Economic Growth and Economic Development
7.    Role of Technology in Economic Growth
8.    Problems of Development in Developing Countries
9.    Economic Development in India and China
10.  Concentration of Economic Power
11.  Social Welfare and Social Justice
12.  Consumption, Investment & Saving
    A    : Consumption
    B    : Consumption, Investment and Saving
13.    Labour and Wages
    A    : Labour and Law of Wages
    B    : Division of Labour
14.  Demand and Supply
15.  National Income
16.  Money
    A    : Definition, nature and Function of Money
    B    : Capital
    C    : Fiscal Policy
17.  Principles of Public Finance
    A    : Public Finance and Private Finance
    B    : Resource Mobilization and the Role of Taxation
    C    : Role of commercial Banks in Economic Development
18.  International Financial Institutions
    A    : International Financial Institutions
    B    : World Bank (International Bank for Reconstruction and Development)(IBRD)
    C    : International Monetary Fund (IMF)
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Author Details
Gade Veera Reddy, B.Sc., LL.B., M.A., (M.B.A)
(Recipient of 5 Medals in Law) (K.U)
Advocate High Court, Kothi, Hyderabad - 500095, T.S.
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