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Book & Detail
Contours of Economic Thoughts (Classical, Keynesian, Post-…..)
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Author : Tanya S., Rajnee K. Year of Publication : 2025 ISBN : 9789393934628 Language : English Binding : Hard Bound Pages : 148 Size : 23 cms Categories : 2025, Economics, New Books Price : 500
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About the Book
This book Contours of Economic Thoughts: Classical, Keynesian, Post-Keynesian and Neo-Classical provides a concise and analytical overview of four major schools of economic thought. Aimed at students, educators, and anyone interested in the evolution of economic theory, the book explores the philosophical foundations, core principles, and policy implications of Classical, Keynesian, Post-Keynesian, and Neo-Classical economics. Classical thought, emerging in the 18th and 19th centuries through figures like Adam Smith and David Ricardo, emphasized laissez-faire policies, the invisible hand, and long-run market self-regulation. Keynesian economics, introduced by John Maynard Keynes during the Great Depression, shifted focus to aggregate demand, fiscal policy, and government intervention to manage short-run fluctuations. Post-Keynesian thinkers such as Joan Robinson and Nicholas Kaldor built on and critiqued Keynes, introducing ideas like effective demand, endogenous money, and income distribution, while highlighting historical time and institutional factors. Neo-Classical economics, developed by Alfred Marshall, Leon Walras, and others, refined Classical ideas using marginal analysis, rational behavior, and equilibrium theory, forming the basis of much of modern economic analysis.
By systematically presenting and comparing these schools of thought, the book aims to trace the development of economic ideas across various historical and social contexts. It encourages critical thinking by examining the contrasts between different theoretical approaches and equips readers with a strong conceptual framework for engaging with current economic issues and policy debates.
About the Authors
Dr. Tanya Sharma, M.A. (Economics), Ph.D., Assistant Professor of Economics in J.D. Women’s College, Patna (Bihar) has been an outstanding teacher with interest in the economic condition of Bihar in particular and the national and international economic scenario in general. She has also worked as an Assistant Professor in G.D. College, Begusarai, Bihar. Dr. Tanya Sharma has witnessed different economic policies on the part of the Government and has comprehended the problems at the level of their execution. Dr. Tanya Sharma is contributing to the upliftment of the economic condition of nation be it at the policy level or at the level of execution through her academic writings and activities. Tanya has a brilliant academic career and she has contributed the economic fraternity of the nation by participating in different conferences and seminars. She is life member of several prestigious associations and has contributed a number of research papers in leading national and international journals. Her books are: “Trade-Led Economic Growth”, “Cashless Economy in India”, “Quality in Higher Education: Issues and Challenges”, “Impact of COVID-19 on Indian Economy”, “National Education Policy, 2020: Highlights, Challenges and Innovations” and “Accelerating Economic Growth and Development”.
Dr. Rajnee Kumari is an accomplished academician and currently serves as an Assistant Professor in the Department of Economics at Dr. Shyama Prasad Mukherjee University (DSPMU), Ranchi (Jharkhand). With a strong academic background and a Ph.D. in Economics, she has earned distinction as a Gold Medalist during her postgraduate studies. Dr. Rajnee has made significant contributions to the field of Economics, having published 15 research articles in reputed national journals. She has also contributed two edited book chapters under the title “Agricultural Development and Rural Transformation”. Actively engaged in academic discourse, she has participated in and presented research papers at various international, national, and state-level seminars and workshops. She has also chaired various national seminars, further reflecting her active engagement and leadership in academic forums. Her primary research interest lies in Health Economics, an area in which she continues to pursue active inquiry. Dr. Rajnee also holds key administrative responsibilities as the University Head in the Department of Economics and the Co-ordinator of the BBA and MHA programs under the School of Management Studies at Dr. Shyama Prasad Mukherjee University (DSPMU), Ranchi (Jharkhand).
She was recently conferred with the prestigious Dr. B.R. Ambedkar Excellence Award in recognition of paper titled “AI : A Double Edged Sword Shaping the Future of India in Health and Education Sectors”.