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Encyclopaedic Dictionary of Economics (5 Volumes)

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About the Book

Encyclopaedic Dictionary of Economics is a pioneering work in the realm of economic dictionaries, with its panoramic horizon comprising 3258 entries and contains the wealth of up-to-date and authentic information on any thing and everything of importance in economic science – ‘queen among the social sciences”-written from the pre-Aristotlean days to 1984. Encompassing all the schools of economic thought, viz., ancient economic thought, mercantilism, physiocracy, classical school, neo-classical school, modern school and neo-modern school, the present book includes definitions of economic terms, statements of economic laws, theories and principles, descriptions of economic and financial institutions and organisations of the world and biographical sketches of over 173 foreign and 69 Indian economists who have left indelible print on the subject. The author has covered 30 branches of Economics ranging from economics of war to economics of love, and by bringing together hundreds of economists who seldom agree with one another, face to face, he has presented comprehensive and intelligible information on each economic matter. The book is designed to be immensely useful not only to under-graduate, post-graduate and post-doctoral students and to those appearing for competitive examinations, research scholars, teachers, and authors, but also to economic administrators, planners, policy-makers, journalists, business managers, and the general reader with a little bit of interest in Economics but having economic consciousness. The author has enhanced the utility of the book by incorporating the list of entries, list of authors quoted, abbreviations commonly used while writing books and articles, and select quotable quotes in Economics, Another special feature of this book is that it mentions within parenthesis against each entry, the context in which the term is used. The present work is the most reliable source book and reference tool to the advanced readers whilst it is a book for initiating understanding of the beginners.


Born on December 28, 1933 in Karnataka (India), Nuingappa Ghodke passed his S.S.C. examination with distinction in 1954. After passing B.A. (Special) in Economics in first class from Karanataka College, Dharwad in 1958, he joined Bombay University and passed M.A. and L.L.B. examinations. His teachers included such eminent persons as Dr. D.T. Lakdawala. Dr. P.R. Brahmananda, Miss Aldo Dastur, Prof. T.K. Tope and Dr. V.K. Gokak. He started his career as a lecturer in Economics in Yeshwant Mahavidyalaya, Nanded (Maharashtra) in 1963. In 1968 he became senior Lecturer and taught M.A. classes in Economics. In 1970 he joined Kittle College, Dharwad. After serving there as Reader in economics for three years, he was appointed in 1974 as Reader-cum-Principal in C.S.I. College of Commerce, Dharwad. In 1983 he was promoted as Professor of Economics-cum-Principal. Mr. Ghodke has been member, Senate and Academic Council, Karnataka University; member. Board of Studies in Commerce, Karnataka University; member, Board of Appointment of Examiners and several other prestigious bodies/societies. Mr. Ghodke, knows four languages: English, Hindi, Kannada and Marathi and is also an orator and a regular writer to Kannada and English Newspapers, Besides a number of articles, he is the author of Principles of Elementary Economics, An Outline of Indian Economy and A Socio-Economic Survey of Lohgaon and Jigla. For seven years from 1975 to 1982, he edited a monthly economic journal-The Welfare Economists.

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