The book is structured to provide a systematic introduction to economics, starting with fundamental concepts and gradually progressing to more complex theories and applications. It covers a wide range of topics including microeconomics, macroeconomics, international trade, economic policy, and development economics. Each chapter is crafted to build upon previous knowledge, ensuring a smooth learning curve for readers.
Clarity and Accessibility: One of the primary objectives of Understanding Economics is to demystify economic principles and theories. Khan Nuruddin employs clear explanations, real-world examples, and diagrams to make complex ideas accessible to students at various levels of familiarity with the subject.
Application-Oriented Learning: Recognising the importance of practical relevance, the book emphasises the application of economic theories to real-world scenarios. Case studies and examples from different global economies help students understand how economic concepts play out in actual policy-making and business decisions.
Critical Thinking: Beyond mere memorisation, the book encourages critical thinking. It prompts students to analyse economic phenomena, evaluate policy implications, and develop their perspectives on economic issues. This approach fosters a deeper understanding of the subject and prepares students to engage thoughtfully with economic debates.
Updated Content: In an ever-changing economic landscape, Understanding Economics incorporates recent developments and debates. This ensures that students are not only learning foundational theories but are also equipped with insights into contemporary economic challenges such as globalisation, income inequality, environmental sustainability, and technological advancements.
Contents –
Module 1 Administration of East India Company and the Revolt of 1857
Module 2 Major Developments in India and Social Reform
Module 3 Freedom Struggle and Constitutional Developments (1885–1935)
Module 4 Partition and Post-Independence India
