Economic Analysis in Historical Perspective

Economic Analysis in Historical Perspective offers a wide discussion on economics and its history. One of the book''s main principles is to place the several major areas of economic analysis in historical perspective. The book''s first topic is about monetary economics; it includes subtopics such as concepts of money, supply and demand of money, monetary control, and rate of interest. The next chapter highlights the economics of welfare, including its nature, modern issues, classical paradigm, and advancements. In Chapter 4, the main topics are public finance, taxes, and the government''s role in all of it. This chapter also elaborates on public expenditure, taxation, and income redistribution. In the last remaining chapters, the discussion circles around the topic''s relevant theories, metrics, and statistics. The text serves as a valuable reference to undergraduates or postgraduates of economics.