A study on regional economic and equity analysis with reference to state of Andhra Pradesh

Economic equity is a systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints. Economic analysis takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the private and social costs and benefits of a project to the community or economy. Regional economic and equity analysis is helpful for analyzing the real economic growth in between the various regions in the state and exhibiting the accurate results. This study is concentrates about the regional economic and equity analysis of Andhrapradesh state in between the three regions of Andhra, Rayalasema and Telangana.