Scholar's Companion to Defence Economics : Principles and Practice

The 'Scholar's Companion to Defence Economics: Principles and Practice' offers a comprehensive exploration of the economic principles that underpin defence policy and military strategy. Dr. Ramaswamy N integrates theoretical frameworks with real-world case studies, making complex economic concepts accessible to both students and practitioners in the field. This book serves as an essential resource for understanding the financial aspects of national security and the allocation of resources in defence contexts. In addition to outlining key economic theories, the book delves into contemporary issues such as defence budgeting, cost-benefit analysis, and the impact of global economic trends on military expenditures. It encourages critical thinking and analysis, equipping readers with the tools necessary to navigate the intricacies of defence economics. This scholarly work is a vital addition to the libraries of academics, policymakers, and defence professionals.