Top 9 Contributions of C.N. Vakil to Economics

The following points highlight the top nine contributions of C.N. Vakil to Economics. The contributions are: 1. Planning 2. Wage-Goods Model 3. Role of Technological Progress 4. Consumption Multiplier 5. Poverty 6. Deficit Financing and Public Expenditure 7. International Trade 8. Extension Work 9. Inflation. Contribution # 1. Planning: Prof. Vakil (along with Prof. P.R. Brahmananda) put forward an alternative [...]