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Economics 12 Notes

Economics XII Notes

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Concept of production
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Concept of production

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1 min read
Derivation of TR, AR and MR curves under the perfect competition market
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Derivation of TR, AR and MR curves under the perfect competition market

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2 min read
Economics XII
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Economics XII

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7 min read
Change in Optimum Population
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Change in Optimum Population

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

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3 min read
Role of Bank
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Role of Bank

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2 min read
Comparative cost theory of international trade
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Comparative cost theory of international trade

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4 min read
Land
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Land

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Subsistence theory of wage
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Subsistence theory of wage

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Free trade
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Free trade

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3 min read
Economics XII: Meaning
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Economics XII: Meaning

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Features of market economy
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Features of market economy

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Law of variable production
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Law of variable production

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4 min read
Value of money
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Value of money

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Importance of the law of diminishing marginal utility
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Importance of the law of diminishing marginal utility

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Law of Demand
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Law of Demand

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Movement Along Demand Curve
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Movement Along Demand Curve

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Relationship between MC and AC
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Relationship between MC and AC

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Risk theory of profit
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Risk theory of profit

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The Laws of returns to scale
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The Laws of returns to scale

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Rent
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Rent

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4 min read
Wage fund theory of wage
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Wage fund theory of wage

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Uncertainty theory of profit
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Uncertainty theory of profit

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Demand for capital
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Demand for capital

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Functions of commercial banks
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Functions of commercial banks

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

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Limitation of diminishing marginal utility
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Limitation of diminishing marginal utility

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Movement Along Supply Curve
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Movement Along Supply Curve

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2 min read
Quantity theory of money
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Quantity theory of money

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3 min read
Zero income elasticity of demand
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Zero income elasticity of demand

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Exceptions/ Limitations of the law of substitution
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Exceptions/ Limitations of the law of substitution

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The law of maximum satisfaction/ The law of equi-marginal utility/ The law of substitution
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The law of maximum satisfaction/ The law of equi-marginal utility/ The law of substitution

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3 min read
Negative cross elasticity of demand
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Negative cross elasticity of demand

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Difference between Money and Capital Market
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Difference between Money and Capital Market

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Role of international trade
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Role of international trade

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Supply of capital
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Supply of capital

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Measurement of price elasticity of demand by total outlay method
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Measurement of price elasticity of demand by total outlay method

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3 min read
Theory of product pricing
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Theory of product pricing

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Procedure of construction of price index
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Procedure of construction of price index

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Concept of short-run total cost curves
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Concept of short-run total cost curves

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Criticism of Consumers’ Surplus
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Criticism of Consumers’ Surplus

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Consumer Surplus
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Consumer Surplus

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Simple price index number
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Simple price index number

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Economics XII: Meaning in Factor Prices
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Economics XII: Meaning in Factor Prices

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Income elasticity of demand less than one
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Income elasticity of demand less than one

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Limitations (Criticisms) of Optimum Theory
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Limitations (Criticisms) of Optimum Theory

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Types of Demand
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Types of Demand

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Types of money
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Types of money

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Concept of market economy
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Concept of market economy

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Meaning of Bank
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Meaning of Bank

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Sole trading concern
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Sole trading concern

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Wage
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Wage

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Importance of concept of Consumers’ Surplus
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Importance of concept of Consumers’ Surplus

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Deflation
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Deflation

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Economics XII: Meaning of Cost
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Economics XII: Meaning of Cost

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Negative income elasticity of demand
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Negative income elasticity of demand

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Role of Central Bank with special reference to the Nepal Rastra Bank
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Role of Central Bank with special reference to the Nepal Rastra Bank

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3 min read
Types of Bank
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Types of Bank

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Equilibrium
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Equilibrium

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Law of Supply
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Law of Supply

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2 min read
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