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Economics 12 Notes

Economics XII Notes

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Exceptions/ Limitations of the law of substitution

Exceptions/ Limitations of the law of substitution

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2 min read
Determinants of supply

Determinants of supply

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1 min read
Price elasticity of demand

Price elasticity of demand

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1 min read
Balance of trade

Balance of trade

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1 min read
Criticism of Consumers’ Surplus

Criticism of Consumers’ Surplus

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1 min read
Demand for capital

Demand for capital

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1 min read
Free trade

Free trade

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3 min read
Definition of money

Definition of money

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1 min read
Utility

Utility

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1 min read
Law of Demand

Law of Demand

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4 min read
Concept of capital market

Concept of capital market

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1 min read
Zero income elasticity of demand

Zero income elasticity of demand

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1 min read
Change in Optimum Population

Change in Optimum Population

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2 min read
Perfect Competition Market

Perfect Competition Market

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3 min read
Economics XII: Meaning

Economics XII: Meaning

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1 min read
Malthusian theory of population

Malthusian theory of population

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3 min read
Income elasticity of demand equal to one

Income elasticity of demand equal to one

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1 min read
Weighted price index

Weighted price index

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3 min read
South Asian free trade agreement

South Asian free trade agreement

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1 min read
Limitations (Criticisms) of Optimum Theory

Limitations (Criticisms) of Optimum Theory

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1 min read
Derivation of TR, AR and MR curves under monopoly market

Derivation of TR, AR and MR curves under monopoly market

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3 min read
Meaning of Demand

Meaning of Demand

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2 min read
Sole trading concern

Sole trading concern

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3 min read
Supply Curve

Supply Curve

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4 min read
Value of money

Value of money

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2 min read
Concept of short run cost

Concept of short run cost

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1 min read
Economics XII: Meaning of Cost

Economics XII: Meaning of Cost

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1 min read
Subsistence theory of wage

Subsistence theory of wage

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2 min read
Negative income elasticity of demand

Negative income elasticity of demand

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1 min read
Long Run Cost

Long Run Cost

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1 min read
Difference between Money and Capital Market

Difference between Money and Capital Market

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1 min read
Features of market economy

Features of market economy

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1 min read
Functions of commercial banks

Functions of commercial banks

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3 min read
The Law of diminishing marginal utility

The Law of diminishing marginal utility

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2 min read
Role of international trade

Role of international trade

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2 min read
Types of Demand

Types of Demand

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2 min read
Wage fund theory of wage

Wage fund theory of wage

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2 min read
Rent

Rent

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4 min read
Labor division

Labor division

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2 min read
Labor

Labor

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3 min read
Organization

Organization

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1 min read
Wage

Wage

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3 min read
Profit

Profit

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2 min read
Land

Land

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1 min read
Economics XII

Economics XII

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7 min read
Concept of production

Concept of production

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1 min read
Marginal Cost (MC)

Marginal Cost (MC)

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3 min read
Simple price index number

Simple price index number

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2 min read
Application of Law of diminishing return especially in agriculture

Application of Law of diminishing return especially in agriculture

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1 min read
Concept of short-run total cost curves

Concept of short-run total cost curves

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3 min read
Supply

Supply

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1 min read
Determinants of demand

Determinants of demand

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2 min read
Interest

Interest

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3 min read
Concept of revenue

Concept of revenue

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1 min read
Price index number

Price index number

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1 min read
Consumer Surplus

Consumer Surplus

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2 min read
Meaning of Bank

Meaning of Bank

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1 min read
Deflation

Deflation

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1 min read
Role of Bank

Role of Bank

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2 min read
Monopoly Market

Monopoly Market

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2 min read
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