Economic Issues touch our lives on daily basis, directly and indirectly, as producers and consumers. For those in the corridor of power, these also concern as subjects of policy matter. A discipline of such practical relevance to the lives of every citizen should not be left to the exclusive preserve of the esoteric few. Every knowledgeable person should have some insight into the working of the economy and the policies made on various issues in order to take decisions in a more informed way. For this an elementary understanding of economic issues is sufficient. This book has attempted to present the issues that matter in the lives of most people in as simple a language as is possible.