It is significant to note that amidst numerous branches and subfields, broadly economics is classified into two mainbranches, namely–microeconomics and macroeconomics.
Microeconomics is a branch of economics that studies the behavior of how the individual modern household and firms make decisions to allocate limited resources. Typically, it applies to markets where goods or services are being bought and sold.
On the other hand, macroeconomics involves the sum total of economic activity, dealing with the issues of growth, inflation and unemployment etc.
As the name of the title suggests, we have chosen these two themes, so that beginners as well as advanced level scholars can graduate the subject. This work consists of two volumes: Microeconomics, Macroeconomics.
Judiciously selected advanced readings are collated under these two themes which illustrate all salient and relevant topics. Definitely, this will serve the purpose of all those for whom this is meant.
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