book report
Book Report on Day to Day Economics
Written by Satish Y. Deodhar
Day to Day Economics is a well-known book which is a part of the IIM Ahmedabad business book series is written by a professor from IIM Ahmedabad Mr. SATISH Y. DEODHAR. It has been published by Random House Publications and was copyrighted in 2012 by Satish Y. Deodhar.
About the Author
Mr. Satish Y. Deodhar is an Associate Professor in the Indian Institute of Management Ahmedabad. He has written many books of which the most recent one is ‘Why am I Paying More’ and also given many lectures on economics. He is married and has 2 children. He was born on 27th September 1964.
About the book
I found this book to be very well thought out and well written that explains basic concepts interestingly using examples, statistics, graphs and case studies. It revolves around the basic concepts in economics that is used daily in our lives. The book is written with the students in mind as the language is very student friendly and easy to comprehend. On hearing the name day to day economics one immediately thinks this will not be an interesting book with pages full of serious economic matter. But this is not true. I think that it engages ones attention by the way it is written and compiled. One chapter leads onto another chapter and I was engrossed into the book contrary to what I thought in the beginning. The author has conceptualized every small detail that is needed to be understood while doing economics. The book begins explaining how there is a great intersection of the government and private sector industries. He has also explained how the concepts of non-excludability, non-rivalry and externality define the use of goods and services that make a good or service either a public good or a club good. The chapter also talks about how there have been market failures the government with regard to monopolies of the government. From there he moves on to the different types of expenditures and receipts of
Written by Satish Y. Deodhar
Day to Day Economics is a well-known book which is a part of the IIM Ahmedabad business book series is written by a professor from IIM Ahmedabad Mr. SATISH Y. DEODHAR. It has been published by Random House Publications and was copyrighted in 2012 by Satish Y. Deodhar.
About the Author
Mr. Satish Y. Deodhar is an Associate Professor in the Indian Institute of Management Ahmedabad. He has written many books of which the most recent one is ‘Why am I Paying More’ and also given many lectures on economics. He is married and has 2 children. He was born on 27th September 1964.
About the book
I found this book to be very well thought out and well written that explains basic concepts interestingly using examples, statistics, graphs and case studies. It revolves around the basic concepts in economics that is used daily in our lives. The book is written with the students in mind as the language is very student friendly and easy to comprehend. On hearing the name day to day economics one immediately thinks this will not be an interesting book with pages full of serious economic matter. But this is not true. I think that it engages ones attention by the way it is written and compiled. One chapter leads onto another chapter and I was engrossed into the book contrary to what I thought in the beginning. The author has conceptualized every small detail that is needed to be understood while doing economics. The book begins explaining how there is a great intersection of the government and private sector industries. He has also explained how the concepts of non-excludability, non-rivalry and externality define the use of goods and services that make a good or service either a public good or a club good. The chapter also talks about how there have been market failures the government with regard to monopolies of the government. From there he moves on to the different types of expenditures and receipts of