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Economics 12 Notes

Economics XII Notes

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Utility
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Utility

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1 min read
Concept of short-run total cost curves
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Concept of short-run total cost curves

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3 min read
Functions of commercial banks
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Functions of commercial banks

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Perfectly inelastic demand
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Perfectly inelastic demand

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Monopoly Market
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Monopoly Market

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Barter system
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Barter system

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Concept of money market
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Concept of money market

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Determinants of supply
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Determinants of supply

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Meaning of Production
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Meaning of Production

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Definition of money
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Definition of money

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Movement Along Supply Curve
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Movement Along Supply Curve

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Meaning of Demand
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Meaning of Demand

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Zero income elasticity of demand
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Zero income elasticity of demand

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Balance of payment
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Balance of payment

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Comparative cost theory of international trade
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Comparative cost theory of international trade

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The Law of diminishing marginal utility
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The Law of diminishing marginal utility

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Inflation
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Inflation

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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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Change in Optimum Population
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Change in Optimum Population

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Law of variable production
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Law of variable production

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Concepts of Utility
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Concepts of Utility

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Concept of capital market
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Concept of capital market

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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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Income Elasticity of demand
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Income Elasticity of demand

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Relatively elastic demand
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Relatively elastic demand

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Demand curve
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Demand curve

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Relatively inelastic demand
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Relatively inelastic demand

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Limitation of diminishing marginal utility
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Limitation of diminishing marginal utility

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Protectionism
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Protectionism

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Types of money
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Types of money

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Law of Demand
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Law of Demand

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

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Stages of population
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Stages of population

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

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Marginal Cost (MC)
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Marginal Cost (MC)

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Concept of revenue
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Concept of revenue

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Concept of market economy
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Concept of market economy

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Income elasticity of demand greater than one
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Income elasticity of demand greater than one

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Income elasticity of demand equal to one
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Income elasticity of demand equal to one

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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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Rent
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Rent

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4 min read
Economics XII
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Economics XII

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Economics XII: Meaning
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Economics XII: Meaning

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Land
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Land

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Features of market economy
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Features of market economy

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Types of Bank
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Types of Bank

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

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Long Run Cost
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Long Run Cost

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Role of international trade
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Role of international trade

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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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Difference between fixed and variable cost
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Difference between fixed and variable cost

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Law of Supply
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Law of Supply

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Subsistence theory of wage
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Subsistence theory of wage

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Labor
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Labor

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Economics XII: Meaning of Revenue
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Economics XII: Meaning of Revenue

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Relationship between MC and AC
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Relationship between MC and AC

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Negative income elasticity of demand
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Negative income elasticity of demand

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Factors determining the elasticity of Demand
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Factors determining the elasticity of Demand

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Meaning of international trade
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Meaning of international trade

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Economics XII: Meaning
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Economics XII: Meaning

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