Synopses & Reviews
Why are some livesand some countriesso wealthy, and others so deprived? This apparently simple question is the starting point of Partha Dasgupta’s contemporary, intelligible introduction to economics and how it shapes our lives. Combining examples from everyday life with a global approach that considers not just the economics of the West but that of the world’s 2.4 billion poor, Dasgupta reveals how economics can give us deep insight into some of our most intractable problemsand provide solutions to them, too.
Here Partha Dasgupta, an internationally recognized authority in economics, presents readers with a solid introduction to its basic concepts, including efficiency, equity, sustainability, dynamic equilibrium, property rights, markets, and public goods. Throughout, he highlights the relevance of economics to everyday life, providing a very human exploration of a technical subject. Dasgupta covers enduring issues such as population growth, the environment, and poverty. For example, he explores how the world's looming population problems affect us at the local, national, and international level.
Economics has the capacity to offer us deep insights into some of the most formidable problems of life. Here, Dasgupta goes beyond the basics to show it's innate effects on our history, culture, and lifestyles.
About the Author
PARTHA DASGUPTA is the Frank Ramsey Professor of Economics at University of Cambridge. He is also a fellow of the British Academy and Royal Society as well as a Foreign Member of the U.S. National Academy of Sciences and former president of the Royal Economic Society and European Economic Association. In 2002, Dasgupta was named Knight Bachelor by her Majesty Queen Elizabeth II for services to economics.