Modern Economic Theory is a book written by K.K. Dewett and M.H. Navalur, published by S. Chand Publishing in 2010. The book is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. It covers various topics in microeconomics, macroeconomics, money and banking, international trade, public finance, economic systems, economics of development and welfare.
The book is available for free download, borrow and streaming on the Internet Archive. It is also available as an eBook on Google Books. The book has 1000 pages and is divided into 24 chapters. The book is suitable for undergraduate and postgraduate students of arts and commerce, as well as aspirants of various competitive examinations.
The book provides a comprehensive and updated analysis of the modern economic theory, with examples and diagrams to illustrate the concepts. The book also includes recent developments in demand theory, Keynesian system, trade cycles, inflation, banking, international trade, public expenditure, taxation, deficit financing, fiscal policy, capitalism, socialism, mixed economy, vicious circle of poverty, etc.
The book is written in a simple and lucid language, with a clear exposition of the theoretical aspects and empirical evidence. The book also contains review questions and exercises at the end of each chapter to test the understanding of the readers. The book is a valuable resource for anyone who wants to learn about the modern economic theory and its applications.
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