Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support? About the bookthis book deals with the different facets of the indian economy. The iim ahmedabad business books: day to day economics is an explanatory guide for novice economy enthusiasts. The movement of finances between the government and the public receives attention in this book.
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. The economy isn't just for the economics to debate on.
All of us are affected by its ups and downs - global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us? Day to day economics is an enjoyable, accessible, and extremely user-friendly book that explains modern day Indian economy to The economy isn't just for the economics to debate on.
Day to day economics is an enjoyable, accessible, and extremely user-friendly book that explains modern day Indian economy to the layperson. In this relevant book, Professor Deodhar explains the role of the government and its involvement in different aspects of the economy; the need for the RBI and its functions; and how taxes, stock markets and recession work. Day to Day Economics will help you go beyond the facts and figures in the budget and connect the trends to your daily life.
As with all IIMA business books, it comes illustrated with numerous Indian examples and case studies making this the ultimate rookie's guide to the Indian economy. Get A Copy. Paperback , pages. More Details Original Title. Other Editions 1. Friend Reviews. To see what your friends thought of this book, please sign up. Lists with This Book. Community Reviews.
Showing Average rating 4. Rating details. More filters. Sort order. May 17, Kritika Swarup rated it it was amazing. I have always tried to understand and develop interest in Economics. All such efforts though, had been futile. While I did understand some removed concepts, but this book provided a thread linking all the concepts I knew and did it with a seamless skill.
The manner of explaining the concepts of inflation, economic growth, depression and position of India vis-a-vis the world is worded to make each statement pertinent and interesting. The author tries to remove the illusion of economics being a com I have always tried to understand and develop interest in Economics. The author tries to remove the illusion of economics being a complicated territory.
While reading through the book one realises the repetition of some basic ideas like the reason behind US sub-prime crisis and position of India before and after liberalization.
This seems like a deliberate attempt to ensure that a reader drives home the issues of major relevance. While discussing development of a country, author brings out the significance of different parameters to measure growth and presents a complete picture by drawing comparative performance of India with respect to its neighbours.
It shows how the world works as a knitted unit where each nation aims at satisfying its personal well being. The effect of fiscal and monetary policies is discussed bringing out their key ideology and constraints. The idea of boom and bust in the economy and nature of unemployment is studied from the perspective of its degree of dependence upon external factors.
While India fairs well in terms of GDP, its pitfalls in terms of low gender ratio, high infant mortality rates, inability to provide basic necessities of food and education to all, showcase how economic development may fail to impact the life of the masses. It reflects upon the inability to provide a favourable environment in sociological terms thus failing the idea behind high economic growth. The pitfalls of the present structure are presented with an outline of how the schemes have been developed to meet the social cause.
Emphasis is placed on how a government measures the percolation of a policy through a society and tries to launch and implement effective policies. The author brings forth the effort, intent and results of policy changes and brings clarity and appreciation to the effort involved in the process of governance.
I recommend this book to everyone who wishes to have an informed opinion over the policies in the country and around the world. View all 7 comments. Jan 22, Mehernosh Sanjana rated it liked it Shelves: economics. Good book and very informative. The book is small and of only pages latest edition but if you decide to take up reading this book you will have to give it a lot of time, you cannot read it like a novel and read 1 hour everyday.
You will need to read slowly and understand the concepts and you will have to pay attention when you're reading because in some chapters the concepts are like a chain, if you do not understand the first link you'll have a hard time understanding the next one. I've re Good book and very informative. I've read this book mostly while travelling and I had not given my maximum attention so I will probably read it again.
The book is a rookie's guide to Economics and mainly from a macro point of view, the author, Satish Y. He had written this book to prove to others that Economics is not a "dismal science". The book gives you a basic idea about certain concepts that on a macro and micro level that you're unfamiliar with.
Good read. View 1 comment. Mar 03, Reader Boy rated it really liked it. Could have been way more better considering the fact that it is IIM-A brand book.
Jul 03, Suraj rated it liked it. This book is by far one of the best books on economics, that I've read and didn't have to re-read it for a better comprehenion. The book begins to explain about the possible consequences of private sector involvement in sectors such as electricity and Defence and Education.
Why lighthouses are managed by the government and why the supply of potable water is managed by a PSU. It covers myriad topics be it Fiscal and Monetary Policy of the Indian government, reasons for bumps and sags in the GDP, wh This book is by far one of the best books on economics, that I've read and didn't have to re-read it for a better comprehenion.
It also goes one step ahead to talk about why and how stock markets function and how the animal spirits of ours, can help in reducing the inflation prevalent by increasing the output. And these are just the headers. A worthy read for all those interested in the workings of the economy of a country. Growing up, slowly we gain inquisitiveness around the functioning of the government and economy related to us.
Every Feb, adults all around you stay glued to the TV. You try your best to follow it but the financial jargon thrown just hits you in the face. Fiscal deficit, repo rate and what not!
You try to read the economic section of the paper and all that too is Greek and Latin! Nominal GDP growth rate, inflation etc. How we wish that someone would explain these terms from the very basics to us. Well,this book does exactly that! The author without sounding too academical anywhere has done an excellent job of explaining some deep concepts of economy like Nominal GDP,Repo rate, headline inflation on a language that is understandable even to a high school kid!
Right from the first chapter where he explains the scope for government interference in market to the last chapter where in he explains why GDP growth rate is not a true reflection of the nation's growth without considering the human development indicators,one can grasp the concepts easily due to the various examples given and the author's way of explanation. If ever you wanted to know and understand about Indian economy, this book is for you.
It gives you a strong basic understanding of Indian economy which one can build upon. As he rightly terms it, the book is a rookie's guide to Indian economy.
It would also help one in their personal economic spehere of where and what to invest once they can get to understand the Repo rates, stocks and shares. Trust me, after reading this simple book you would be able to answer the question as to when does RBI increase or decrease the repo rate to banks? Go for this book if you want to have an understanding of various economic concepts like GDP,stocks and shares, recession and the Indian economy.
May 01, Karthick rated it it was amazing Shelves: mind-blown , favorites , must-read , economics-banking. This is another wonderful and informative book after Roopa Pai's - 'So you want to know about economics'. I would say its level 2 book on economics. You cannot omit even a single page. Terms, definition, explanation - everything you have. Author highlights a very important thing that is we all specialize in our own area of interest and profession like engineer, doctor, lawyer, teacher, manager etc.
I would say Economics is a mandato This is another wonderful and informative book after Roopa Pai's - 'So you want to know about economics'. Must read for an amatuer! Nov 16, Nithesh rated it liked it.
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Economics and its applications are everywhere around us; however it is not easy for a layman to understand the complex theories and concepts of this subject. To ensure that the subject of Economics can be understood by common people, Satish Y. This book explains the most difficult Economics terms in a simple and easy to understand language. This book explains the role of the Government and the various policies that affect daily economic activities. This book is published by Random House India publications in The main focus of the book is to showcase the various features of Economics using simple terms which will come to the aid of readers of all proficiency levels.
IIM Ahmedabad Business Books: Day to Day Economics
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