Principles of Economics by Dr. S.R. Myneni is a textbook designed to introduce law students to fundamental economic concepts and their relevance to legal studies. The 7th Edition provides an accessible foundation for students pursuing integrated law programmes.
Key Features:
- Explains the nature, scope and fundamental principles of economics.
- Covers demand, supply, elasticity, utility and consumer behaviour.
- Discusses production, cost, price determination and different market structures.
- Introduces macroeconomic concepts, including national income, money, banking and inflation.
- Explains fiscal policy, monetary policy and public finance.
- Connects economic principles with Indian economic conditions and legal issues, including competition and regulation.
- Uses clear explanations and simple diagrams to facilitate understanding and examination preparation.
This book is suitable for students pursuing five-year integrated BA LL.B. and B.Com. LL.B. programmes, as well as other law students studying economics as part of their curriculum.