NEB NotesNepal
Eco.303 • Class 11management Stream4 Lessons
Credit Hours: 5

Economics I

अर्थशास्त्र १ (कक्षा ११)

Basic Concepts (Wealth, Welfare, Scarcity, PPC), Microeconomics (Demand, Supply, Market Equilibrium, Price/Income/Cross Elasticity), Consumer Behavior (Cardinal Utility, Law of Diminishing Marginal Utility), Production Theory (Law of Variable Proportions, Returns to Scale), Macroeconomics (National Income GDP, GNP, NNP, NI, PI, DI, Real vs Nominal GDP), Development Economics, and Nepalese Economy.

Prescribed Chapters

Showing 4 Lessons
Unit 1

Basic Concepts of Economics & Resource Allocation

1 Lesson
Lesson 1Syllabus Mapped

Basic Concepts of Economics & Resource Allocation

अर्थशास्त्रको आधारभूत अवधारणा तथा स्रोत बाँडफाँड

Definitions of Economics (Adam Smith, Alfred Marshall, Lionel Robbins), Micro vs Macroeconomics, Production Possibility Curve (PPC), opportunity cost, and economic systems (Capitalist, Socialist, Mixed).

Unit 2

Demand, Supply & Market Equilibrium

1 Lesson
Lesson 2Syllabus Mapped

Demand, Supply & Market Equilibrium

माग, आपूर्ति तथा बजार सन्तुलन

Law of Demand and Supply, determinants, shift vs movement, market equilibrium numericals, Price Elasticity of Demand (Point, Total Outlay, Arc methods), Income Elasticity, and Cross Elasticity.

Unit 3

Theory of Consumer Behavior

1 Lesson
Lesson 3Syllabus Mapped1 Important Qs

Theory of Consumer Behavior

उपभोक्ताको व्यवहारको सिद्धान्त

Cardinal Utility Theory, Total Utility (TU), Marginal Utility (MU), Law of Diminishing Marginal Utility (LDMU), consumer equilibrium, and Law of Substitution (Equi-marginal utility).

Unit 5

Macroeconomics & National Income Accounting

1 Lesson
Lesson 5Notes Ready ✓

Macroeconomics & National Income Accounting

समष्टिगत अर्थशास्त्र तथा राष्ट्रिय आय

Circular flow of income, National Income aggregates (GDP, GNP, NNP at factor cost and market price, Personal Income, Disposable Income, Per Capita Income), nominal vs real GDP, and measurement methods.