Section outline


  • Chapter Objectives : 

      1. To teach the students about the concepts and fundamentals different terms and definitions that are related to Economics.. 
      2. To learn about the Elastic demand.
      3. Learn about utility, total utility & marginal utility.
      4. Learn about inflation, its causes.
      5. To teach them about GDP, GNP, PPP, PCI etc.


    Chapter Outcomes :

    After completing this chapter Students can,

      1. Able to discuss about different terms and definitions of Economics.
      2. Getting idea about inflation.
      3. Able to solve mathematical problems.
      4. Know about GDP, GNP, PPP & PCI.
      5. Getting idea about different utilities.