IIMA - Day to Day Economics
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IIMA - Day to Day Economics (English, Paperback, Deodhar Satish Y)

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IIMA - Day to Day Economics  (English, Paperback, Deodhar Satish Y)

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2,185 Ratings & 173 Reviews
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    Highlights
    • Language: English
    • Binding: Paperback
    • Publisher: Penguin Random House India
    • Genre: Business & Economics
    • ISBN: 9788184001631, 8184001630
    • Pages: 232
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  • Description

    Day To Day Economics is a book that aims to explain the subject of economics in simple terms for the benefit the common man.

    Summary Of The Book

    This book, Day to Day Economics, explains all the concepts and rules of economics to the readers in a way that is easy for them to understand. It is a useful book for those who have no previous knowledge of basic economic principles.

    The vagaries in a country’s economy affect the earning power of the common man, their spending power, the prices of goods, the employment conditions, the business conditions and so much more. Yet, not many people really understand the factors that drive a country’s economy. Day to Day Economics starts with an introductory chapter that provides a bird’s eye view of everything the book covers.

    The first chapter explains economic institutions, the different functions of the government and private sectors, the need to delineate which spheres one shall control and which spheres one shall be allowed to function in. The second chapter addresses government budgets and deficits and how it affects the common man. It explains the various aspects of the budget, taxation and budget deficits. The next chapter takes a look at stock markets and banks. It explains how fluctuations in the stock market affects the economy. It also goes into the functioning and governance of the banking industry.

    The fourth chapter examines the concept of free trade and the role played by institutions like the World Trade Organization. The next chapter addresses a topic that will resonate the most with readers, the increasing prices of essential goods, the concept of inflation, the reason behind the rising price of food. The sixth chapter looks at various factors that affect an economy’s growth and recession. The seventh chapter looks at fiscal and monetary policies and explains why the economic growth of the country has been experiencing seems lopsided. The final chapter then brings it all together and summarizes the concepts and provides some final observations.

    Day to Day Economics includes a number of illustrative examples and relevant case studies. It also contains a glossary of important economic terms and definitions at the end of every chapter.

    This book is a concise and easy to follow introduction to economics. It helps the readers understand the fundamental principles on which a country's economy functions and the factors that affect the economy. The book can be used by professionals and students.

    About Satish Y. Deodhar

    Satish Y. Deodhar is a professor and a writer.

    Other books written by him include Market Integration And Market Access For Agricultural Commodities In India, Strategic Food Quality Management: Analysis Of Issues And Policy Options, and India’s Apple Market: Prospects And Policies For Trade.

    Satish Y. Deodhar is a professor of Economics at IIM Ahmedabad. He holds a BA from Gokhale Institute of Politics and Economics, and an MA and Ph.D from Ohio State University. He specializes in the study of food quality, imperfectly structured competitive markets, the functioning of the WTO, and agricultural trade. Deodhar has also done consultancy work for the Indian Government, the United States Department of Agriculture and also for Indian Bank. He currently heads the PGPX, a post graduate management course for executives.

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    Specifications
    Book Details
    Imprint
    • Random Business
    Dimensions
    Height
    • 198 mm
    Length
    • 129 mm
    Frequently Bought Together
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    Ratings & Reviews
    4.5
    2,185 Ratings &
    173 Reviews
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    5

    Great read for amateur Economics enthusiasts

    If you're one of those people who want help to make sense of all the Economics/Finance jargon thrown at us (especially in the new channels/news papers), this book is does the job very well.

    Topics such as Inflation, budgets, deficits, taxes, boom and bust phenomenon,etc are covered very well and in mostly simple English. I don't think one can write in simpler words without compromising on the quality of the content.

    Totally worth the purchase. I can only wish that this book covered even m...
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    Pratik Chandak

    Jun, 2013

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    5

    A must read. Ground Breaking book.

    Being a science student, but believing in all round knowledge, with a thirst for the unknown, when I encountered this book, I was determined to read it. And I'm glad that I did. The author has shed light on all fundamental economic concepts. Terms like 'inflation, exchange rate,repo rate' etc are explained in an incredibly lucid language.

    My family is gonna read it too.
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    Nikhil Tewari

    Certified Buyer, Ambala

    Jan, 2015

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    5

    Excellent

    This is a really good book for a quick introduction to economics. Important concepts are explained in lucid manner and topics are covered in sufficient depth. A great read and highly recommended.
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    Apurva Singh

    Certified Buyer, Rewari

    Jun, 2018

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    4

    Good quality product

    Wonderful book for beginners.. Easy to understand with simple and useful examples.. Loved it..
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    Flipkart Customer

    Certified Buyer, Kolkata

    Feb, 2017

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    4

    Pretty good

    Like the book. Recommend to laymen ecomist like me. If you are economic student it may not be that much useful but if you have Little knowledge about the budget planning Cum govt motives while declaring it's strange annual budget sessions and various facets of planning related topics this book is one I certainly suggest. The writing skills of the author is flawless and well planned. It appears like if the author is independent in his opinion and ways of planning the lesson to meet his objecti...
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    Flipkart Customer

    Certified Buyer, Shillong

    Jan, 2017

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    5

    Awesome

    One of the best for beginners! Easy to understand ! Exceptional quality of book! Awesome Flipkart !!
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    Flipkart Customer

    Certified Buyer, Chennai

    Sep, 2016

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    4

    Awesome book

    Great book with easy explanation and flipkart service was fantastic above all with great discounted price
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    Flipkart Customer

    Certified Buyer, Raipur

    Aug, 2016

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    5

    best basic book for indian economics

    describe each aspects, especially of Indian economics in very lucid manner. Very helpful for those who have very low or no knowledge of macro economics. helpful for upsc aspirent as a basic starting guide
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    amit Yadav

    Certified Buyer, North Delhi

    Sep, 2015

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    5

    Fundamental Book

    A very useful and well written book. Author has presented the topics in a very simple and effective way.
    I would recommend to all those who wants to know about the economics in much simpler ways.
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    Akhil Singh

    Aug, 2015

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    5

    Excellent Book! Basic,Easy to Understand and to the Point

    Book doesn't assume any background of the reader regarding finance/economics. Great example/case studies in between the text to give a practical angle to the discussed topic. Important terms given at the end of each chapter with their defination for quick revision.

    This book is a suggested reading in many premier B-School in India. After reading this financial decisions taken by Govt./RBI/ Budget will make more sense than you can even imagaine.

    Helped me immensly in my B-School GD/PI prepar...
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    Anuran Maiti

    Certified Buyer, Navi Mumbai

    Mar, 2015

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    All 173 reviews
    Questions and Answers
    Q:I ordered 2016 Edison of this book but it is not mentioned anywhere that it is 2016 edition
    A:Nope they've not mentioned 2016 edition. Book is old edition only but concepts are same.
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