Amal Sanyal teaches economics at Lincoln University, New Zealand. He has taught and interacted with many other universities, including Jawaharlal Nehru University, New Delhi. He has worked in theoretical macroeconomics, political economy and developmental policy. He has written on public policy issues in India and contributed to development planning in Mauritius. He has also contributed to theoretical research in governance, corruption and tax evasion. His work has appeared in journals like Economica, Public Choice, Journal of Comparative Economics, Journal of Post Keynesian Economics and Economic and Political Weekly.

Acknowledgements

1. Introduction
2. Markets, Efficiency, and Adam Smith
3. Many Forms of Market: Sellers Big and Small
4. Markets Often Fail and So Do Governments
5. Unemployment and J.M. Keynes
6. After Keynes
7. Money, Banks, and Finance
8. Trade, Foreign Investment and Migration
9. Economic Growth and Development
10. Conclusion

Index

“Amal Sanyal is an economist with enormous academic and policy experience. His telling of economics and its stories is sure to educate and entertain, and so draw more young people to the subject.”

- Debraj Ray, Silver Professor,
Faculty of Arts and Science, and Professor of Economics, New York University, New York.

“This book introduces the basic ideas of economics along with their historical context; and narrates how the subject has grown and acquired its present shape. The author has succeeded in presenting the ideas and issues in a highly accessible manner; as well as in providing the reader with the multiplicity of viewpoints which exist regarding them. This highly readable book should prove to be useful not only to Economics students but to anyone interested in knowing about the core ideas of economics and their historical development”

- Satish Jain, Professor, Reserve Bank of India Chair in Economic Theory,
Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi.