• In this session, the chapter ' The nature of the economics Problem' has been explained. The chapter consists of

  • The nature of the economics problem
  • Definition of Basic Economics problem
  • Economic Agents
  • Private Sector
  • Public Sector
  • Definition of Goods and Services
  • Definition of Needs and Wants
  • The Definition of Free Goods and Economic Goods.

  The notes have been uploaded in the exercise section.

   

• Session 1: The nature of the economic problem

  • The basic economic problem
    • Part 1 12 mins
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      Part 1

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    • Part 2 6 mins
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      Part 2

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• Excercise Files

  • The basic economic problem
    • Notes

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