Dictionary of Economics
Synopsis
This slim but comprehensive book, Dictionary of Economics is an important reference work for the research scholars and the student community at large. It would serve as a guide to the politicians and the bureaucrats in their task of formulating economic policies, and implementing plans and programmes respectively. In addition the book would helps the layman in understanding the difficult economic terminology. In pursuance of the aforesaid objective, the book explains and analyses around 500 terms and concepts widely used in the Parliament, state Legislatures, the media and the economic quarters, such as administered prices, balance of payments, budget, capital-output ratio, convertibility of the Rupee, debt trap, devaluation, European union, fiscal deficit, globalisation, IBRD, IMF, intellectual property rights, MODVAT, non-performing assets, OPEC, privatisation, SEBI, stock exchange, Uruguay round, VAT, WTO, Zero base budget etc. The language employed in the book is lucid. The views expressed are objective without being doctrinair or dogmatic.
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