Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. The ideas have been explained in simple language and lucid manner for easy comprehension for the readers. Mathematical representations of some theories, explanations of well-labelled illustrations and diagrams and solutions to the equations have been provided. Besides students the book 2ill prove beneficial for teachers of the subjects as well as researcher sin the field. It will immensely help policymakers, government officials, parliamentarians and all other concerned with the economic development of the country. To those who wish to know about various aspects of economic development, it will provide for richly rewarding reading. Contents: The Concept of Capital in Modern Business . Money and Markets . Foundations of Economic Analysis . Profits and Costs . The International Monetary Environment . International Financial Management and the Multinational Firm . International Monetary Systems . Growth, Diversification and Instability in Agriculture.
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