1. Basic concept of economics and allocation of resources
1. Basic concept of economics and allocation of resources
Learn 1. Basic concept of economics and allocation of resources in Economics with comprehensive educational content from Padandas.
Course Content
5 topicsExplore comprehensive learning materials and detailed topics in 1. Basic concept of economics and allocation of resources
1.1 Definition of economics: Adam Smith, Alfred Marshall, Robbins
NEB Class 11 Economics 1.1: definitions of economics — Adam Smith, Alfred Marshall, Robbins (plus Sa...
1.2 Concepts of positive and normative economics
NEB Class 11 Economics 1.2: concepts of positive and normative economics and their differences.
1.3 Concepts and differences of micro and macro economics
NEB Class 11 Economics 1.3: microeconomics and macroeconomics — concepts, interdependence, and diffe...
1.4 Types of goods and services
NEB Class 11 Economics 1.4: types of goods and services — normal, Giffen, inferior, substitutes, com...
1.5 Introduction and characteristics of factors of production
NEB Class 11 Economics 1.5: factors of production — land, labour, capital, and organization with cha...
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