Economics of Real-Life: A New Exposition is possibly the first book attempting to introduce interested readers to the working of contemporary economies with special reference to India. Unlike most introductory books in economics its objective is not to concentrate on a priori logic based on untested (and untestable) premises, but to rely on the history of the evolution of human communities from the rudimentary state to the latest because economic activities—social interaction to provide the material basis for survival and to go beyond—is common to all. The book relies on ‘capsule history’ and ‘thought experiments’ as expository devises.