You can change your ad preferences anytime. If you continue browsing the site, you agree to the use of cookies on this website. Introduction to Economics The Basic Concepts of Economics – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 6ff86e-NTY3Y Economic development for gseb class 10 ss ch 16, Economic sanctions Intro-Basic Theory & Russia Sanctions, PROBLEMS OF SCARCITY LEADS TO ECONOMIZING OF RESOURCES, No public clipboards found for this slide. Scribd will begin operating the SlideShare business on December 1, 2020 Introduction to Economics The Basic Concepts of Economics – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 6ff86e-NTY3Y If you wish to opt out, please close your SlideShare account. See our Privacy Policy and User Agreement for details. Chapter-01; 2 Economics is the study of how socities use scarce resources to produce valuble commodities and distribute them among different people 3 Macro economics Micro economics Economics Normative statement Positive Statement 4 Economics that studies how the individual parts Now customize the name of a clipboard to store your clips. Economics is the science of choice. Scribd will begin operating the SlideShare business on December 1, 2020 But if the concepts are properly understood economics is fun. Basic Concepts. Basic Concepts Of Microeconomics Ppt Long known for careful development of complex theory, together with clear, patient explanation, this. Economics lecture slides- Grade 9 Unit: Basic Concepts Of Economics. Because something is limited, we need to make … Economics is a tough nut to crack for many - GDP, GNP, NDP, NNP, Repo, Reverse Repo, SLR, CLR, CRAR - there are many concepts to be understood. Economics is the study of scarcity and choice Scarcity means that there is a finite amount of a good or service (Basically they are limited). Module 1Lesson 1
Basic Concepts of Economics
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