HISTORY OF ECONOMIC THOUGHT BY T.K. JUNEJA (HARDCOVER)

Book Description

History of Economic Thought by T. K. Juneja is an academic work that examines the evolution of economic ideas, theories, and principles from early economic philosophy to modern economic analysis. The book explores the contributions of prominent economists and the development of different schools of economic thought that have shaped the understanding of production, consumption, distribution, trade, and economic growth.

The subject covers the emergence of major economic doctrines, including mercantilism, physiocracy, classical economics, Marxian economics, neoclassical economics, and Keynesian economics. It highlights the contributions of influential thinkers such as Adam Smith, David Ricardo, Thomas Robert Malthus, Karl Marx, Alfred Marshall, and John Maynard Keynes. Their theories provide insights into the functioning of markets, the distribution of wealth, the role of government, and the causes of economic growth and instability.

The study of the history of economic thought helps readers understand how economic theories have developed in response to changing social, political, and historical circumstances. It also provides a foundation for critically evaluating contemporary economic policies and debates.

This book is a useful reference for undergraduate and postgraduate students of economics, researchers, teachers, and readers interested in the historical development of economic theory. It contributes to a broader understanding of the intellectual foundations of economics and the continuing relevance of classical and modern economic ideas