Section outline

  • Covid-19 shockwave: Indian economy needs a massive stimulus. The world can learn from China. - ET Prime


    Chapter Objectives : 

      1. To teach the students about the basic concepts and fundamentals Economics. 
      2. They also learn about Famous Economists and Their Contributions.
      3. Learn about Scope of Economics
      4. Learn about Importance of the Study of Economics
      5. Know about Economic System, Microeconomics and Macroeconomics, Cost Concept


    Chapter Outcomes :

    After completing this chapter Students can,

      1. Able to discuss about definition Economics.
      2. Differentiate Macroeconomics from the microeconomics. 
      3. Know about Famous Economists and their contributions.
      4. Know about scope & importance of Economics.
      5. Cost Concept, Goods and Services concept is very clear to them.