Chapter 1: Introduction to Economics

Ash Narayan Sah

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10 Lessons (1h 24m)
    • 1. Introduction

      8:47
    • 2. Definitions of Economics

      17:26
    • 3. Nature of Economics

      5:35
    • 4. Positive and Normative Economics

      4:09
    • 5. Methodology of Economics

      5:19
    • 6. Scope of Economics

      4:45
    • 7. Types of Economic System

      9:17
    • 8. Fundamental problems of an economy

      11:11
    • 9. Solution of basic problems by Planning

      7:07
    • 10. Solution of basic problems by price mechanism

      10:21

About This Class

This course provides basics of economics. The course helps you to develop understanding of economics in a very simple way. The simplicity is the highlights of this course. The course includes: intro to economics, definitions of economics, nature and scope, positive and normative economics, types of economic systems,fundamental problems of an economy, solutions to fundamental problems.