Dr. S.R. Myneni’s Principles of Economics covers the economics papers of the five-year law programme with a law student — not an economics honours student — in mind. Microeconomic foundations (demand, supply and elasticity, consumer behaviour, production and cost, market structures from perfect competition to monopoly) and the macroeconomic essentials (national income, money and banking, inflation, fiscal and monetary policy) are developed with minimal mathematics and maximum clarity.
Indian-economy context runs throughout, building toward the law-and-economics connections — competition, regulation, public finance — that later semesters draw on. Diagrams are simple and reproducible in an exam hall. The 2026 reprint aligns with current BA/B.Com LLB syllabi.
Allahabad Law Agency — 75 years of publishing for integrated law courses. Holographic seal on genuine copies.
Principles of Economics by Dr. S.R. Myneni is a textbook written to introduce law students to the fundamentals of economic thought and their relevance to legal study. It presents the subject in clear, accessible language suited to readers approaching economics for the first time.
The book explains the core concepts of economics, including the nature and scope of the discipline, the theories of demand and supply, consumer behaviour and utility, production and cost, market structures, the determination of price, and broad themes in money, banking and public finance. The exposition connects economic principles with the social and legal context in which they operate.
Key highlights:
- Clear introduction to demand, supply and market structures
- Coverage of production, cost and the determination of price
- Accessible treatment aimed at students of law
- A useful foundation text for the economics component of legal study
Published by Allahabad Law Agency, this title offers law students a readable grounding in economic principles.
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