Economics is the field which studies and analyses the different areas of market which are divided into production, consumption and distribution of various services and products. It has two branches namely microeconomics and macroeconomics. This book includes some of the vital pieces of research work being conducted across the world, on various topics related to economics. The objective of the book is to give a general view of the different areas of the subject, and its applications in different areas. It is a compilation of chapters that discuss the most vital concepts and emerging trends in the field of contemporary economics. It is a vital tool for all researching and studying this field.