Economics Without Tears A New Approach to Old Discipline

If you are a layman wondering what economics is all about or a freshman student of the subject this is a book you cannot afford to miss. Starting from first principles and stripped of all mathematics and almost all jargon it introduces you to all the basic concepts of economic theory as well as to some of its more surprising depths.Economics pervades every aspect of our lives and our world. This book shows how anyone can acquire an understanding of its key principles while finding the exercise not only an exciting intellectual adventure but also great fun. Review Ashok Guha is among the most impressive of the Indian economists today. His book Economics without Tears demonstrates that he is also a gifted writer who can put across Economics to a wider audience. This is a book that deserves to be read by the multitude who have become skeptical of the relevance of Economics to policymaking to benefit mankind.’Jagdish Bhagwati University Professor (Economics Law and International Affairs) Columbia University‘In this concise book on economic theory for beginners Ashok Guha focuses on some of the most important ideas in economics which because of their complexity are usually treated in more advanced books and brings out their core content with simple examples telling anecdotes and easy-to-grasp analytical reasoning all with a kind of lucidity that is exemplary. The topics chosen will grab the attention of all those who are curious about the discipline of economics but do not yet have the technical background. I wish a large readership for this short book. ‘Pranab Bardhan Professor of Graduate School Department of Economics University of California at BerkeleyHighly readable. The new model of teaching that Guha has tried out works quite well despite internet despite mass tuition shops good man-to-man-and-woman teaching will not fade out as long as there are a few Ashoks about. Long live Ashoka the Economist. Ashok V Desai The Telegraph About the Author Ashok Sanjay Guha is professor of economics at School of International Studies Jawaharlal Nehru University.