PEDAGOGY OF ECONOMICS

About The Book

Economics prior to the appearance of Adam Smith's Wealth of Nations was a handmaid to theology and politics. True to its older name 'Political Economy' it was regarded as a branch of statecraft. Kautilya the great Indian statesman named his book on statecraft as Arthashastra the Hindi equivalent of 'Economics'. To the Greeks Oceonomicus was the science of household management.
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