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Central Problems of an Economy
Lesson 3 of 7 • 7 upvotes • 9:50mins
Garvita Pal
This lesson covers the basic problems economy has to face regarding production due to non availability of sufficient resources. 1. What to produce 2. How to produce 3. For whom to produce
Basic Concepts of Microeconomics - Class 11
7 lessons • 1h 6m
1
Branches of Economics
8:13mins
2
Economy and its Kinds
10:26mins
3
Central Problems of an Economy
9:50mins
4
Positive-Normative Economics and their Key Differences
9:51mins
5
Quick Revision of Basic Concepts of Microeconomics
11:38mins
6
Opportunity cost and Marginal Opportunity cost .
8:55mins
7
Production Possibility Curve.
7:41mins
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