This book is addressed to beginners in Economics. The basic concepts and principles of Economics have been explained in an easy to understand style. The evolution of Indian Economy has been discussed in a very simple language. Short sentences and small paragraph help in understanding the growth experience of the Indian Economy. Discussion of all the individual topics is based on the latest available data, facts and information from official and non-official sources. The supplements appended at the end of the book are a very rich source of learning and understanding current issues confronting the economy The subject matter, in supplements, is a gold mine for aspirants of civil services. Long statistical tables have been dispensed with instead graphs have been liberally used. MCQs , true/ false statements type of objective questions appended at the end of each chapter serve as an aid to correct and precise understanding of the subject-matter in the text.