CH - 2 - Fundamental Concepts and Terminologies - XI

This chapter explains on several concepts and fundamentals used in economics.

  • 9 videos
  • 1 text
  • 4 PDFs
  • 707+ students
  • Lifetime Access
  • 24x7 support
Ratings
22
Language

English

Details

What are you going to learn in this chapter?
Introduction
Price and Value
- Value in use
- Value in exchange
- Relationship between value in use and value in exchange
Goods and Services
- Types of goods
Wealth and Welfare
- Meaning and characteristics of wealth
- Types of wealth
- Relationship between wealth and welfare
Factors of Production
- Land
- Labour
- Capital
- Entrepreneur
Trade Cycle
- Types
- Definition
- Phases


Curriculum

Students' feedback

5.0

22
5
22
4
0
3
0
2
0
1
0
10 months ago

11 months ago

11 months ago

11 months ago

11 months ago

We are pioneers in the field of Modern Teaching for Commerce Students since year 2000. We have 14 Locations in Gujarat and thousands of Students have lived U WILL.

204 & 301 Turning Point Complex
Nr. ABS Tower
O.P. Road
Vadodara - 390007
Gujarat, India