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Quick Revision of Basic Concepts of Microeconomics

Lesson 5 of 7 • 4 upvotes • 11:38mins

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Garvita Pal

This lesson covers a quick revision of the basic concepts of micro economics such as economics , economy and its kinds , central problems , positive and normative economics .

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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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