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I read a sentence in my economics textbook which was:

Indeed perusal of LPG policies was to a great extent a matter of economic compulsion rather than a matter of choice for the politicians of the country.

Considering how dictionaries describe the word "perusal" I don't think it should have been there. Instead, I think what was meant is "pursuance" since those policies were adopted not "read carefully". Am I right?

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Persuance is not a common word. I've only heard it in the context of the law and legal documents and I can't remember using it myself. It's unlikely that a textbook on economics would use it.

Paraphrasing the sentence --

'For economic reasons the politicians felt compelled to read the policies of LPG carefully.'

-- it makes sense to me.

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