Economics of Services

This book is a biography of the Economics of Services. In this book an attempt has been made to trace the life of economics of services庸rom a Cindrella like status to being the Queen of Hearts. It explains the process which led to the recognition accommodation and measurement of contribution of services to national income and employment has been narrated. The book also deals with the historical process which eliminated the illusion of economists regarding non-tradability of services and compelled them to accept that services are being traded globally in different modes.This book will help economists to peep into the world of economics of services and appreciate its rich and varied traditions. It will be useful for the students of economics management and the service industry. It will also be useful for professionals and consultants who are associated with the service industry. The book will provide an insight to policy makers and chambers of commerce and industry who are involved in formulating policies regarding services.