Ambar Nath Ghosh's Books

An Introduction to Economics

Economic Theory and Society

By: Chandana Ghosh,Ambar Nath Ghosh

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An Introduction to Economics

Economic Theory and Society

By: Chandana Ghosh,Ambar Nath Ghosh

The book compares neoclassical and Marxian economics and points out that both the schools of thought seek to analyze how a capitalist society functions. The authors show that the neoclassical economics vindicates capitalism and prescribes policies that further the interest of the rich (giant capitalists), who own most of the non-human productive resources of the economy, whereas Marxian analysis yields the result that a capitalist society is exploitative and crisis-prone. Marxian economics also suggests that the class struggle inherent in a capitalist society will eventually transform it into an equal, just and humane socialist society The book also presents Keynesian theory, which suggests measures that can counter at least some of the crises that Marx said a capitalist country is subject to. It discusses the current state of the capitalist world, the recent crises it was subject to and assesses the three theories in the light of these experiences. It recounts the current states of two important socialist states, namely, China and Cuba. It discusses the economic performance of Soviet Union since its birth and explains the reasons for its disintegration. It compares economic performances of the capitalist and the socialist states and assesses in the light of the experiences of these two blocs of countries which school of thought is more acceptable and closer to the truth.

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Page Count

202

Publisher

Springer Nature

Published Date

ISBN 10

9811510563

ISBN 13

9789811510564

Keynesian Macroeconomics Beyond the IS-LM Model

By: Chandana Ghosh,Ambar Nath Ghosh

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Keynesian Macroeconomics Beyond the IS-LM Model

By: Chandana Ghosh,Ambar Nath Ghosh

This book makes an original and significant contribution to Keynesian macroeconomics. The IS-LM model is a basic workhorse of Keynesian macroeconomics. However, its financial aspects are extremely rudimentary and the link between the real and the financial sector is extremely tenuous. Hence, neither the IS-LM model nor IS-LM-based models can be applied to the major economic issues facing today’s world. This book develops alternative models in the Keynesian tradition that incorporate financial institutions and make explicit the intimate link between the processes of generation of income, saving, credit and expenditure. It subsequently uses these models to address the major current macroeconomic issues that India and the rest of the world are confronted with. In the Indian context, it focuses on the issues of unemployment, growth, recession, bank performance, banking sector reforms and corruption. It also seeks to identify the causes of economic crises in Greece and the US. The analysis reveals a common trend in the economies considered here: the policy framework within which they function is recessionary, exploitative and fosters unemployment, inequality and poverty. Further, this framework is leading these economies farther away from the goal that every civilized society should strive to achieve, namely, providing all citizens with suitably gainful jobs and adequate access to quality food, clothing, shelter, education and health care. The book seeks to identify the cause of this malady, and puts forward policies to remedy it. It thus contains takeaways for academia, think tanks as well as policy makers.

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Page Count

263

Publisher

Springer

Published Date

ISBN 10

9811378886

ISBN 13

9789811378881

MACROECONOMICS, Second Edition

By: GHOSH, CHANDANA,GHOSH, AMBAR

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MACROECONOMICS, Second Edition

By: GHOSH, CHANDANA,GHOSH, AMBAR

Macroeconomics, which along with microeconomics forms one of the two most general fields of studies in economics, deals with an economy as a whole—national, regional and global. This textbook on macroeconomics in its second edition makes significant contribution to teaching and learning of the subject. Macroeconomics texts that are available present mathematical models and theories without using mathematics. Hence, students find it difficult to get a clear idea of the theories presented. Using elementary tools of school level mathematics, this book presents the theories mathematically and illustrates them diagrammatically. The purpose is to give the students a clear vision of the theories presented. Meanings of every equation, every expression and intuition of every result are clearly explained. Every mathematical step involved in the derivation of the results is fully explained. Upon reading this book, a student will learn how to construct a macroeconomic model mathematically, how to illustrate the solution of the model diagrammatically and how to carry out stability analysis and comparative static exercises mathematically and diagrammatically. The book presents both Keynesian and neoclassical macroeconomic theories lucidly, evaluates them in the light of real life experiences and makes a comparative assessment of the two schools of thought in macroeconomics. In this respect also, this book constitutes a unique contribution as a textbook of macroeconomics. KEY FEATURES • Explains the concepts in an easy-to-understand language. • Includes numerous exercises within the text as well as at the end of each chapter. • Illustrates the concepts with the help of examples, figures and tables. NEW TO THE EDITION • Chapters 3, 9 and 10 have been revised thoroughly to add new insights into the theories presented there. • Some of the other chapters have also been revised to improve their quality and coverage. • The data tables have also been updated to illustrate the applications of the theories using recent data. • Solution hints have been added to most of the difficult problems. • This book is intended mainly as a text for undergraduate and postgraduate students of Economics for their courses in Macroeconomics. Besides, students of management will also find the book immensely useful in acquiring fundamental knowledge of macroeconomics, which is crucial for making business decisions. TARGET AUDIENCE • BA/B.Sc.—Economics on Macroeconomics. • MA/M.Sc.—Economics on Macroeconomics. • MBA—Most B–schools have a paper on Macroeconomics in their MBA programme.

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Page Count

460

Publisher

PHI Learning Pvt. Ltd.

Published Date

ISBN 10

9389347882

ISBN 13

9789389347883

An Introduction to Economics

Economic Theory and Society

By: Chandana Ghosh,Ambar Nath Ghosh

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An Introduction to Economics

Economic Theory and Society

By: Chandana Ghosh,Ambar Nath Ghosh

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

202

Publisher

Springer Nature

Published Date

ISBN 10

9811510563

ISBN 13

9789811510564

Book's by Ambar Nath Ghosh

An Introduction to Economics

An Introduction to Economics

Keynesian Macroeconomics Beyond the IS-LM Model

Keynesian Macroeconomics Beyond the IS-LM Model

MACROECONOMICS, Second Edition

MACROECONOMICS, Second Edition

An Introduction to Economics

An Introduction to Economics

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