The book aims to teach the basics of economics to students and general readers in an accessible and engaging way. The author, G. Omkarnath, a distinguished economist and teacher has a wealth of experience and insight into the subject. The book is divided into three parts, each covering a different aspect of economics. The first part deals with the economic structure of a society, such as production, exchange, distribution, and consumption. The second part explains the process of economic growth and development, such as savings, investment, credit, and technology. The third part discusses the Indian economy and its challenges, such as poverty, inequality, unemployment, and reforms. The book uses simple language and examples to illustrate the key concepts and principles of economics. The book also provides relevant data and references from authentic sources to support the arguments and analysis.
The book adopts a critical perspective that questions the conventional wisdom of mainstream economics and exposes its limitations and contradictions. The book also emphasizes the interdependence of economies and the role of institutions, policies, and values in shaping them.