Economics (for Law Students)

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Description
The economic concepts have a wide application in the formulation of various policies and economic laws. The application of economic concepts not only reveals their significance in economic laws involved, but also helps in arriving at an optimum solution to the problem. It is therefore, become essential for the students of law and for those who are associated with law, to possess at least a working knowledge of the relevant economic concepts.
The purpose of this book is to provide, in one volume, the various economic theories which are deemed to constitute the syllabus of the students of B.A LL.B course. It covers the relevant and important aspects of both micro and macro economic theories, along with a basic understanding of the Indian Economy. It contains the necessary material to provide a sound conceptual base in the economic theory. The subject matter of the book is arranged in a systematic manner through various headings and sub- headings, so as to give a flow in studying the subject.
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Table of Contents
A. Micro Economics
Unit I
Economics: Definitions, Nature and Scope,Branches,Economic Systems, Economic Analysis of Law and Interactional Dimensions of Law and Economics
Chapter 1. Economics: Introduction and Definitions
Chapter 2. Nature, Scope and Importance of Economics
Chapter 3. Branches of Economic
Chapter 4. Economic System
Chapter 5. Economics Legislations and Economic Analysis of Law
Chapter 6. Interactional Dimensions of Law and Economics
Unit 2
Theory of Consumer Behaviour
Chapter 7. Elementary Theory of Demand
Chapter 8. Elasticity of Demand
Chapter 9. Consumers' Equilibrium
Unit 3
Production, Supply and Forms of Business Organization
Chapter 10. Production
Chapter 11. Elementary Theory of Supply
Chapter 12. Equilibrium Analysis
Chapter 13. Producers' Equilibrium
Chapter 14. Forms of Business Organizations
Unit 4
Theory of Market
Chapter 15. Concepts of Cost and Revenue
Chapter 16. Forms of Market
Chapter 17. Equilibrium of a Firm and Industry under different Market Forms
Unit 5
Theory of Distribution
Chapter 18. Theory of Rent
Chapter 19. Theory of Wages
Chapter 20. Theory of Interest
Chapter 21. Theory of Profit
B. Macro Economics
Unit 1
National Income
Chapter 22. National Income, its Aggregates and Circular Flow of Income
Chapter 23. Measurement of National Income and Difficulties in its Measurement
Unit 2
Unemployment and Full Employment
Chapter 25. Theory of Income, Output and Employment
Unit 3
Inflation and Delation
Chapter 26. Concepts of Inflation, Deflation, Reflation, Disinflation and Stagflation
Unit 4
Money, Banking and Monetary Policy
Chapter 27. Money, Value of Money and Theories of Money
Chapter 28. Banking and Monetary Policy
Unit 5
Public Finance, Fiscal Policy and Deficit Financing
Chapter 29. Public Finance
Chapter 30. Public Expenditure and Public Debt
Chapter 31. Deficit Financing, Fiscal Policy and Government Budget
C. Indian Economy
Unit 1
Features of Indian economy
Chapter 32. Indian Economy
Chapter 33. Profile of Indian Agriculture
Chapter 34. Problems and Reforms in Agriculture
Chapter 35. Industrialization in India
Chapter 36. Industrial Sickness and Problems of Industrial Labour
Chapter 37. Indian  Financial Markets
Chapter 38. Economic Planning
Unit 2
Growth and Development
Chapter 39. Under Developed/ Developing Economy
Chapter 40. Economic Growth and Development
Unit 3
International Trade and International Financial Institutions
Chapter 41. International Trade
Chapter 42. India and International Financial Institutions
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Author Details
Surbhi Arora : B.Com., LL.B., LL.M., UGC NET (Economics), CA (Final Group 1), ATC Former Faculty of UPES, Dehradun, Uttarakhand