List of Tables
List of Figures
List of Text Boxes
Preface
List of Abbreviations
Part I THE ECONOMIC STRUCTURE OF SOCIETY
1 Basic Economic Processes
1.1 Introduction
1.2 National income: a preliminary view
1.3 Basic economic processes
1.4 The economy
1.5 Plan of the primer
2 The System of Production
2.1 The system of production
2.2 National income
2.3 Labour force
2.4 Productivity
3 The System of Markets
3.1 Viability of production
3.2 The role of the market
3.3 The market for primary products
3.4 The market for manufactures
3.5 The market for labour
3.6 The market for exports
4 The System of Money and Finance
4.1 Monetary medium
4.2 The stock of money
4.3 Money as wealth
4.4 The financial system
4.5 Savings and investment
4.6 Financial markets
4.7 Financial regulation
Part II THE PROCESS OF ECONOMIC GROWTH
5 Growth and Demand
5.1 Meaning and measure of growth
5.2 Growth as a cumulative process
5.3 Economic growth and demand
5.4 Supply-side constraints on growth
5.5 Policies for economic growth
6 Industrialisation and Growth
6.1 Introduction
6.2 Choices and instruments
6.3 General outcome
6.4 Constraints on growth
6.5 Easing the constraints
Appendix: Colonial Impact
7 Liberalisation and Growth
7.1 Introduction
7.2 Antecedents
7.3 The process of reform
7.4 Quality of growth
8 Petty Production and Poverty
8.1 Introduction
8.2 The concept of petty production
8.3 Labour in petty production
8.4 Capital in petty production
8.5 Some implications
Appendix
Part III ADDENDA
9 Monitoring the Indian Economy
9.1 Activity and employment
9.2 Prices and fi nancial stability
9.3 Credit, savings and investment
9.4 Financial markets
10 Economic Theory: An Orientation
10.1 Nature of economic theory
10.2 Divisions of economic theory
10.3 The development of economic theory
10.4 Goodness of theory