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Class notes introduction to economics

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It is the document of economics subject which describes economics in the best way and in the simplest way which every one can understand. I guarantee you to all that this can help you very much in your exams. I took up help from this a lot and I have a very good score.

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Chapter 2

In this we will discuss about:

:- CENTRAL PROBLEMS OF ECONOMY
:- PRODUCTION POSSIBILITY CURVE
:- CONCEPT OF OPPORTUNITY COST
AND MARGINAL OPPORTUNITY COST

, CENTRAL PROBLEMS OF ECONOMY

1) Allocation of resources
(a) What to Produce and How much to
produce?
(b) How to produce?
(c) For whom to produce?
2) Utilisation of resources
3) Growth of resources

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Institution: Catalyst
Course: Introduction to economics

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Uploaded on: February 5, 2022
Number of pages: 15
Written in: 2021/2022
Type: Class notes
Professor(s): A.s. pandit sir
Contains: All classes

Subjects

economics
microeconomics
eco
money
social
socialists

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