Principles of Economics

Principles of Economics: Households to Nations offers a comprehensive exploration of how economic principles operate from the level of individual households to the scale of global systems. It links micro and macro perspectives, emphasizing that economics is deeply tied to human behavior, institutions, and social transformation. The book traces the evolution of economic thought, explains production, consumption, and market structures, and examines income distribution, inflation, and trade through both classical and modern lenses. It highlights the role of institutions, power, and policy in shaping growth and inequality, while stressing sustainability and inclusivity in development. Designed for students, scholars, policymakers, and professionals, the text connects theory to practice and global to local realities. By integrating analytical rigor with contextual understanding, it inspires critical thinking about how economies function, evolve, and influence societies worldwide.