Description
History of Economic Thought, 4th Edition, is a foundational academic text that chronicles the development of economic ideas and theories throughout history. H.L. Bhatia provides readers with an in-depth exploration of how economic concepts have evolved from classical antiquity through contemporary times.
The book systematically examines the contributions of major economic thinkers including Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, and modern economists. It covers essential schools of economic thought such as mercantilism, physiocrats, classical economics, neoclassical theory, Keynesianism, and contemporary economic approaches.
This fourth edition has been thoroughly updated to reflect current economic perspectives and developments. The text is designed for economics students, scholars, and professionals seeking to understand the historical context and intellectual evolution of economic principles. It serves as both a reference guide and a narrative history of how economic theory has shaped modern society and policy decisions.
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