Economics Part 1 & Part 2

Inter Economics 1st Year and 2nd Year Notes

Multiple Choice Questions (MCQs), Exercise Short Questions, Numerical Problems, Definitions and Extra Short Questions and Long Questions. 
1. Scope of Economics 2. Basics of Economics 3.Origin of word Economics & Early Def
4. Smith’s Def of Economics 5. Marshal’s Def of Economics 6. Robbins Def of Economics
7. Comparison of Marshall’s & Robbins Def of Economics 8. Monopoly 9. Price Determines the Demand
10. Importance of Elasticity of Demand 11. Why does Law of Diminishing Returns apply to Agriculture? 12. Law of Diminishing Returns
13. Economics of Scale 14. Propositions of The Theory 15. Malthusian Theory of Population
16. Market Price 17. Elasticity of Demand 18. Demand Curve
19. Demand Schedule 20. Law of Demand 21. Marginal Utility and Price
22. Criticism 23. Mobility of Labour 24. Division of Labour
25. Factors Determining Efficiency of Labour 26. Efficiency of Labour 27. Labour
28. Importance of Capital 29. Formation of Capital 30. Capital &Wealth
31. Capital 32. Land 33. Measurement of Elasticity
34. National Income Def & Concept of National Income 35. Methods of Calculating National Income & Difficulties in Calculating NI 36. Rent, Recardian Theory of Rent & Quasi Rent
37. Modern Theory of Rent 38. Wages and Its Forms, Factors Determining Real Wages and Relative Wages 39. Importance of National Income Computation in Modern Economic Analysis
40. Causes of Differences (Wages) 41. Interest, Gross Interest and Net Interest 42. Constituents of Gross Interest
43. Why Interest is Paid? 44. Liquidity Preference Theory (Interest) 45. Profit, Pure or Net Profit, Gross Profit
46. Constituents of Gross Profit 47. Different Theories of Profit 48. Trade Union & Functions of Trade Union
49. Importance of Labour Unions & Value of Money 50. Definition of Money & Functions of Money 51. Types of Money
52. Quantity Theory of Money 53. Importance of Money 54. Dangers of Money
55. Gresham’s Law (Money) 56. Bi Metallism 57. Barter System Its Defects & How Money Removed Difficulties of Barter
58. Gold Standards &Its Advantages 59. Market ---
Economics


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