This is the first in a series of books devoted to the economic analysis of problems related to the Indian economy. Although it is aimed at the postgraduate level principally, advanced undergraduates may also find it beneficial.

The papers in this volume focus on some of the issues relating to fundamental theorems in welfare economics and their implications for public policy. Contributors: Bhaskar Dutta, Dilip Mookherjee, Rajiv Vohra, M. N. Murty, Pulin Nayak, Debraj Ray, Arunava Sen, Prasanta K. Pattanaik