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UNDERSTANDING ECONOMICS IN THE AGE OF AI: From Scarcity to Intelligent Civilizations

Business & Economic History

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Description

Book Description Understanding Economics in the Age of AI: From Scarcity to Intelligent Civilizations is a comprehensive, research-based textbook that explores the foundations of economics alongside the transformative impact of Artificial Intelligence (AI) on the global economy. Designed for students, educators, researchers, competitive examination aspirants, and professionals, this book presents economic concepts in a clear, structured, and practical manner. Beginning with the fundamental principles of scarcity, choice, and opportunity cost, the book systematically covers demand and supply, consumer and producer behaviour, production and cost analysis, market structures, national income accounting, money and banking, inflation, unemployment, international trade, globalization, economic growth, and sustainable development. Each topic is explained using contemporary examples, analytical insights, and practical applications. A distinguishing feature of this book is its integration of classical economic theory with emerging technologies. It examines how Artificial Intelligence, machine learning, automation, big data, blockchain, digital currencies, platform economies, and intelligent decision-making systems are reshaping industries, governments, financial markets, and society. Readers gain an understanding of both traditional economic principles and the future of economics in an increasingly AI-driven world. Each chapter includes well-organized explanations, key concepts, chapter summaries, important terminology, and review questions, making the book suitable for classroom learning, self-study, academic research, and professional reference. Whether you are building a strong foundation in economics or seeking to understand how AI is redefining economic systems and future intelligent civilizations, this book provides a balanced, forward-looking, and globally relevant perspective for the twenty-first century. Author: Aditya Raj ORCID : https://orcid.org/0009-0001-2542-1958 Publisher: Aditraz Publications

Product Specifications

Format: paperback
ASIN: B0H83Y65DT
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 08 July 2026
Listed Since: 08 July 2026

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UNDERSTANDING ECONOMICS IN THE AGE OF AI: From Scarcity to Intelligent Civilizations

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