Books on Under consumption theories are rare; this book is an attempt to satisfy this desire of economists. Under consumption theories have a long history and may be considered to be as old as the science of Economics itself. Underconsumption theories started with the publication of B.Mandevilles’ Book ‘The Fable of the Bees’ in 1714. After an introductory chapter, the succeeding chapters deal at length the Underconsumption theories of Malthus, Marx, Hobson and Keynes, In chapter VII, the comparative study of the various Underconsumption theories is discussed. Finally in the last chapter, relevance of the theories of Underconsumption to under developed countries is portrayed.
ABOUT THE AUTHOR Sajal Mukherjee
Dr. Sajal Mukherjee, M.A. Ph.D. had a brilliant and outstanding academic record securing 1st in 1st class in both B.A. (Hons) and M.A. examinations. He was the recipient of the national merit scholarship. He was the Seminar Secretary when he was a postgraduate student and conducted many national seminars. He has publications in many reputed journals. He travels extensively throughout India to deliver lectures as a resource person. He delivered lectures at Gokhale Institute of Politics and Economic Pune, Jawaharlal Nehru university New Delhi and Bangalore University. He is a member of several boards in Vinoba Bhave University including Member of Board of Studies and Research Board. He is currently Secretary of four minority schools and one miniority college in Hazaribag.
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