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The Three Problems of Choice

Lesson 3 of 8 • 51 upvotes • 13:08mins

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Shraddha Ratra

The resources available with us are scarce and the wants are unlimited so there arises the problem of making choice regarding the allocation of resources. The lesson explains these problems of choices.

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1

Course Overview

3:01mins

2

Types and Nature of Economics

13:18mins

3

The Three Problems of Choice

13:08mins

4

Production Possibility Frontier

14:25mins

5

Consumer Choice

13:19mins

6

Producer Choice

14:33mins

7

Growth and Development

14:49mins

8

Business Cycles

11:38mins

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