This book has been meticulously designed as a fundamental reference for first-year undergraduate students commencing their study of economics. It introduces core concepts in a structured and accessible manner, offering students a solid grounding in the subject.

This work primarily draws from Gregory Mankiw’s renowned book Principles of Economics (2023, Cengage Learning), which integrates essential theories and principles with simplified explanations and practical examples. Topics like economic fundamentals, market dynamics, elasticity, trade, and the role of government are covered in a way that fits with undergraduate courses. This makes sure that the material is relevant and easy to understand for students at the beginning level.

This book aims to furnish students with a reliable and thorough resource that aids their academic pursuits while promoting an exploration and appreciation of the larger applications of economics in real-world scenarios.

I believe this book will be a great resource in your education and stimulate additional interest in the intriguing discipline of economics.

- Dr Jaimol James, Associate Professor & Research Guide, Department of Economics, St. Dominic's College, Kanjirapally, Kerala