University of Kashmir BG 1st semester important questions of economics subject
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Today in this article we will discuss some important questions of ECONOMICS subject for BG 1st semester students. Students can also download PDF below.
IMPORTANT QUESTIONS OF ECONOMICS SUBJECT
- Production possibility frontier
- Law of demand / Determinants of demand
- Market demand / Determinants of supply
- Market equilibrium
- Elasticity of demand
- Determinants of price elasticity
- Utility-concept
- Diminishing marginal utility
- Consumer’s equilibrium
- Law of variable proportions
- Single product firm
- Revenue-concept
- Economies and diseconomies of scale
- Theory of a firm under perfect competition
- Decreasing and constant cost industries
IMPORTANT QUESTIONS OF ECONOMICS