ECONOMICS – A PRIMER FOR COMPETITIVE EXAMS

After many years of Experience of teaching at the under graduate and post Graduate courses in Economics in different college of the union Territory of Pondicherry & neighboring Tamilnadu  state, it was felt my me as a  senior Associate professor of Economics to bring out a Primer book on Economics for the potential school & higher secondary schools, including the ICSE students of north India schools ,during my tenure as professor of economics teaching different students  from different backgrounds from poor ,middle income & upper income students to take it as  base subject in 10^th standard boys & girls ,aspiring to join the  B.com course or BBA course or even B.A Economics. It was unfulfilled dream during my tumultuous academic career from an ordinary lecturer to that of an Associate professor, managing a premier college as acting Principal for 2009 & 2010, and finally retired as a Director of an  Autonomous  Post graduate Centre called the Kanchi Mamunivar Centre for Post Graduate Studies (KMCPGS), Pondicherry.

This was fructified ,.when after 12 years of retirement , I was approached by the Ms. Rashmi Editor of Author team to write a BASIC PRIMER BOOK on ECONOMICS for 10^th  Standard I.C.S.E students, on their 2024 syllabi on this Economic paper;  I accepted the offer and wrote in a manner in simplistic but relevant to Modern times  starting from the Alfred Marshall’s four factors of Production called Production Mechanism  to deep micro tools – Demand & supply, then, concepts of banking theory & practice, followed Inflation &deflation, concepts of Public finance -whole gamut of taxation principle,  direct, indirect taxation, Public revenue & public  expenditure, problem of public Debt, and Trend of Demonetisation & GST in 2016,  and finally wrapping up with end chapter on modern Consumerism with their Rights & Acts to Protect from exploitation from top end from modern companies in food, beverages ,in medicine, and in all form of services from education, transport, railways and even airlines etc., and measures to create consumer Awareness  awakening among  the important base Activity of Mass consumption – the Pillar of Modern Micro economic theory ,which is covered by the Author diligently in 34 pages with  diagrams ,restricted  to Basic ones in Demand & Supply and in Market chapter ; there is Appendix Section – I, which deals with possible review questions in all important chapters1 to 3 ,with  hint answers  for more understanding by an aspiring 10^th ICSE Students to grapple and understand multi useful subject TOOL – ECONOMICS -A PRIMER , and it can arouse his /her interest in this very practical lively behavioral subject for higher studies in Economics at graduate , Post graduate studies, BBA, MBA, and in lucrative C.A/ ICWA courses  in top Metropolitan Cities like Mumbai, Chennai, New delhi, kolkatta and in Hyderabad too..

To put in a nutshell, it will be a base subject as important as mathematics, statistics, and help him or her to advance in their career in fields like competitive exams IAS, IFS, and for those to join banking career, in trade & commerce too; It is economics made easy for a career in  economics, banking, and  Insurance;  to end, good economics  means managing things in a Cost Effectiveness . that is the heart & soul of Economics . Visualized by the first Founder of Economics – Adam Smith, Marshall and finally the Modern Paul .A. Samuelson, USA. Finally, this book publication is unique in the sense of Question-Answer format from the first  chapter to the last chapter followed by question for review and reflection by the student.