This slim but comprehensive book, Dictionary of Economics is an important reference work for the research scholars and the student community at large. It would serve as a guide to the politicians and the bureaucrats in their task of formulating economic policies, and implementing plans and programmes respectively. In addition the book would helps the layman in understanding the difficult economic terminology. In pursuance of the aforesaid objective, the book explains and analyses around 500 terms and concepts widely used in the Parliament, state Legislatures, the media and the economic quarters, such as administered prices, balance of payments, budget, capital-output ratio, convertibility of the Rupee, debt trap, devaluation, European union, fiscal deficit, globalisation, IBRD, IMF, intellectual property rights, MODVAT, non-performing assets, OPEC, privatisation, SEBI, stock exchange, Uruguay round, VAT, WTO, Zero base budget etc. The language employed in the book is lucid. The views expressed are objective without being doctrinair or dogmatic.
ABOUT THE AUTHOR N.B. Ghodke
Born on December 28, 1933 in Karnataka, Ningappa Basappa ghodke passed his S.s.C. examination with distinction in 1954. After passing B.A. in Economics in first class from Karnataka college, Dharwad in 1958, he joined Bombay University and passed M.A. and L.L.B. examinations. His teachers included such eminent persons as Dr. D.T. Lakdawala, Dr. P.R. Brahmananda, Miss Aldo Dastur, Prof. T.K. Tope and Dr. V.K. Gokak. He started his career as a lecturer in Economics in Yeshwant Mahavidyalya, Nanded in 1963. In 1968 he became senior Lecturer and taught M.A. classes in Economics. In 1970 he joined Kittel college, Dharwad. After serving there as Reader in Economics for three years, he was appointed in 1974 as Reader cum Principal in C.S.I. college of commerce, Dharwar. In 1983 he was promoted as Professor of Economics-cum-Principal. Mr. Ghodke has been member, Senate and Academic Council, Karnatak University; member, Broad of Studies in Commerce, Karnatak University; member, board of Appointment of Examiners and several other perstigious bodies/societies. Mr. Ghodke knows four languages: English, Hindi, Kannada and Marathi and is also an orator and a regular writer to Kannada and English Newspapers. Besides a number of articles, he is the author of Principles of Elememtary Economics, An Outline of Indian Economy and A Socio-Economic Survey of Lohgaon and Jigla. For Seven years form 1975 to 1982, he edited a monthly economic journal-The Welfare Economist.
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