FOUNDATION COURSE PAPER - 3 Study Note - 1 BASIC CONCEPTS OF ECONOMICS 1.1 DEFINITION AND SCOPE OF ECONOMICS There are 4 definitions of Economics. (1) Wealth Definition:…

Business Economics 1 What is economics? study of how people choose to use resources. Resources include the time ,talent of people, the land, buildings, equipment, and other…

Section - I ECONOMICS ECONOMICS A1 Basic Concepts of Economics Study Note - 1 BASIC CONCEPTS OF ECONOMICS This Study Note includes • • • • • • • Definition…

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Slide 1Definitions of social science and economics Definitions of microeconomics and macroeconomics Definitions of growth, development and sustainable development Positive…

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Slide 1 Slide 2 Welcome! Slide 3 Happy New Year!!! This is a time of new beginnings with so many exciting things to do and learn. So Welcome to Economics class! I am looking…

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Compiled by: K. Adi Swarup Patnaik, Senior Manager- Credit Sanction Department, Dhanlaxmi Bank, Vijayawada, Andhra Pradesh E-mail: [email protected] Advanced…

Definitions of social science and economics Definitions of microeconomics and macroeconomics Definitions of growth, development and sustainable development Positive and normative…