Economics
- Low grades in school
- Nature of the economic problem
- Factors of production
- Land-factor of production
- Labour-factor of production
- Capital-factor of production
- Enterprise-factor of production
- Opportunity cost is
- Example Opportunity cost
- Production Possibility curves
- Economic system
- Free market system
- Advantages of market economy
- Disadvantages of Market economy
- Planned economy
- Advantages of Planned economy
- Disadvantages of Planned economy
- Mixed economy
- Advantages of Mixed economy
- Disadvantages of mixed economy
- Equilibrium Price
- Change in demand
- Change in supply
- Price elasticity of demand
- Price elasticity of supply
- Price Elasticity
- Market failures
- Reason for market failure
- Private benefit and Social benefit
- Private cost and Social cost
- Conserving resources
- Economics as a subject
- Functions money
- Need for exchange
- Functions of Central bank
- Functions of Stock exchange
- Functions of Commercial banks
- Occupational choice
- Change in earnings
- Male/Female earnings
- Skilled/Unskilled earnings
- Private/Public earnings
- Agricultural/Manufacturing/Services earnings
- Trade unions role
- Advantages of specialisation for an individual
- Disadvantages of specialisation for an individual
- Motive for spending
- Motive for Saving
- Studying Economics
- Different Business organization
- The Sole Proprietor
- What is a partnership?
- Public and Private companies
- Multinational corporation
- Cooperatives
- Public corporation definition
- Change in structure of Business organization
- Demand for factors of production
- Costs for factors of production
- Total and average revenue
- Principle of Profit maximization
- Pricing under perfect competition
- Pricing under monopoly
- Advantages of monopoly
- Disadvantages of monopoly
- Different sizes of firms
- Vertical and Horizontal integration
- Economies and Diseconomies of scale
- Government as a producer
- Aims of government policies
- Full employment
- Price stability in an Economy
- Economic growth
- Redistribution of income
- Balance of payment stability
- Conflicts between government aims
- Unemployment and Inflation
- Inflation and Economic growth
- Balance of payments and Economic growth
- Types of taxation
- Classification as developed economies
- Classification as developing economies
- Why Economists make choices?
- Mobility of land
- Difference between Capital goods and consumer goods
- Causes of occupational labor immobility
- Opportunity cost in Economics
- Shifts in Production Possibility curve
- What is net investment?
- Economics revision notes
- Effect of changes in price on demand
- Relation of Demand and Price
- Basic problem of all economies
- What is scarcity?
- Relation between scarcity and money
- Scarcity and Opportunity cost
- Scarcity is everywhere
- 4 Factors of Production
- Factor of production: Land
- Factor of production: Capital
- What are Capital goods and Consumer goods?
- What is depreciation?
- Factor of production: Labor
- Factors which affect Supply of labor
- What is production and productivity?
- Factor of production: Enterprise
- Opportunity cost and Scarcity
- Economic goods and Free goods
- What is Production Possibility Curve (PPC)?
- What are the 3 economic systems?
- 3 Big questions for every economist
- What is a Planned Economy?
- What is a Market Economy?
- What is demand?
- Individual Demand and Market Demand
- What is a Demand Schedule?
- Effect of Change in Price on demand
- Production Possibility curve
- What are the three different economies?
- What are the 3 main questions for Economists?
- What happens in Planned Economy?
- What happens in Planned Economy?
- What happens in Market Economy?
- What happens in Mixed Economy?
- Advantages of Market Economy
- Disadvantages of Market Economy
- What is demand?
- What is Economics?
- What is the basic problem in Economics?
- What is scarcity?
- What is opportunity cost?
- Why do people want more?
- How can we satisfy everyone’s wants?
- Can rich people satisfy all their wants?
- Scarcity is everywhere
- Opportunity cost for an individual
- What are the factors of production?
- Factor of production: Land
- Factor of Production: Land example
- Factor of Production: Labor example
- Factor of Production: Capital example
- Factor of Production: Enterprise example
- Mobility of Factors of Production
- Mobility of Factor of Production: Land
- Mobility of Factor of Production: Labor
- Mobility of Factor of Production: Capital
- Mobility of Factor of Production: Enterprise
- Supply of Land
- Supply of Labor
- Supply of Capital
- Supply of Enterprise
- Capital Goods
- Consumer Goods
- Depreciation
- Economic Goods
- Free Goods
- Economic and Free goods
- What does PPC stand for?
- What is Production Possibility Curve?
- 3 Economic Systems
- Market Economy
- Planned Economy
- Mixed Economy
- Advantages of Market Economy
