“CUET Economics Notes by Artham Resources: Chapter 1 – Economics and Central Problems of Economy. Explores the fundamental concepts of economics, including scarcity, choice, and allocation of resources.”
Content of Chapter 1 – Economics and Central Problems of Economy:
- Introduction to Economics: Definition, Scope, and Importance
- Central Economic Problems: Scarcity, Choice, and Opportunity Cost
- Economic Systems: Capitalism, Socialism, and Mixed Economy
- Production Possibility Curve (PPC): Concepts and Applications
- Allocation of Resources: Factors of Production and Resource Allocation Methods
- Market Mechanism: Supply, Demand, and Price Determination
- Role of Government in Economic Activities and Resource Allocation
Sadia Khan –
Yeh notes exam ke liye perfect hain! Short, crisp aur saare important points cover karte hain. Time-saving and highly reliable.