In the 1950s Pakistan was generally considered to be a country that would remain among the poorest in the world, but economic development in the decade to follow exceeded all expectations. Gustav Papanek, in the first thorough analysis of this achievement, shows how Pakistan, partly by design and partly by accident, arrived at a successful blend of private initiative and government intervention in the economy. This book, which includes the only comprehensive industrial survey of an underdeveloped country, sheds considerable light on the problems facing nations in similar circumstances.

The present edition of the Textbook in Economics is a thoroughly revised edition. This revised edition meets the requirements of new course structure introduced by the Central Board of Secondary Education (C.B.S.E.). Distinct features of this edition are : ● Based on the New NCERT Textbook ● Based on new examination pattern ● Up-to-date study material with most reliable data ● Comprehensive coverage of the prescribed syllabus ● Language used is easy, simple and lucid ● Includes all important government schemes like : Make in India, Start up India, Skill India, Digital India, Ayushman Bharat, Swachh Bharat Mission, MUDRA Yojana, UDAY Scheme etc. The book has been updated by using the latest information available from government and non government reports, journals and other publications.

A Text book on Economics

This Economics Textbook is designed to provide comprehensive coverage of the syllabus for students, presented in a logical and systematic manner. It includes numerous diagrams and schedules with clear explanations, making complex concepts easy to understand. Additionally, to help students go beyond the basic knowledge of the subject matter, 'An Extra Mile' section is included at the end of each chapter. The exercises are structured in a way that follows the examination pattern and includes various types of questions such as remembering, reason-based, previous year CBSE questions, information-based and concept-based questions, including NCERT questions. With these features, this textbook is an ideal resource for students who want to excel in Economics.