ECONOMICS ➡️ Resources, Allocation, Scarcity, Wants/Desire, Individuals ▪️Goods~ Something that gives us happiness and satisfaction. ▫️Goods ➡️ Tangible Goods and Intangible Goods(Services) ▪️Bads~ Something that doesn't give you satisfaction.
Notes for this lecture prepared by me Economics: The study of allocation of scarce resources to satisfy indidual wants or desires. keywords in definition: resource,wants/desire, scarce, allocation & individuals. Goods Vs bads: goods Something that gives us happiness or satisfaction types of goods -tangible goods:goods ex,television, foods -intangible goods: services ex,living with family quntification of intangible goods: lets take an example if You are travelling in train without ticket and TT will caught You, He provide two option(defined as x): either pay fine of rs.500 or go to jail for 7 days so,going to jail for 7 day can be quatify as equivalent to 500rs. reservation price of activity x is 500rs. bads Something that gives us unhappiness or disatisfaction
Economics -/ resources wants scares allocation individual Goods something’s that give you happiness Bads something that dissatisfied u •> tangible goods •> intangibles goods - We try to quantify everything in economics Reservation price - price at which you are indefinite Betty two things
Thank you so much sir...please sir aap Hindi speak me teach karen to both medium student ko profit ho... write down English language but speaking in Hindi language
If some students had to study Economics (commerce/ finance) , then why wasted your 11th and 12th learning chemicals, acids, electricity, magnetism, calculus, etc.. simply PCM . The method of addmission is absolutely wrong . If a student wants to study Economics at bachelors level, then why should he/she waste their 2 years studying science.
you know nothing dude economics is also a part of sciences also MIT which is the best engineering college in the world is best known for its courses in economics
@@roronoazoro87118 There is a debate whether economics is a social science or natural science and it is considered a subject of humanities that is social science by most of the academicians and economists
1) Economics: Goods & Bads
2) Goods : Tangible goods (Actual goods) , Intangible Goods (Services)
3) Reservation price: Reveals the value of a thing (At individual level)
ECONOMICS ➡️
Resources, Allocation, Scarcity, Wants/Desire, Individuals
▪️Goods~ Something that gives us happiness and satisfaction.
▫️Goods ➡️
Tangible Goods and Intangible Goods(Services)
▪️Bads~ Something that doesn't give you satisfaction.
The prof is fantastic, loved it. ❤
These is fun lecture.
Thank you for your time ❤
Notes for this lecture prepared by me
Economics:
The study of allocation of scarce resources to satisfy indidual wants or desires.
keywords in definition: resource,wants/desire, scarce, allocation & individuals.
Goods Vs bads:
goods
Something that gives us happiness or satisfaction
types of goods
-tangible goods:goods ex,television, foods
-intangible goods: services ex,living with family
quntification of intangible goods: lets take an example
if You are travelling in train without ticket and TT will caught
You, He provide two option(defined as x): either pay fine of rs.500 or go to jail for 7 days
so,going to jail for 7 day can be quatify as equivalent to 500rs.
reservation price of activity x is 500rs.
bads
Something that gives us unhappiness or disatisfaction
Will this video be helpful for BA hons economics students too?
Previous year question kha milega iska
finallyyyyyy thnkuuuu so much sir
Hello i want to Contact u i have many Project in economics can u help me all are paid whatsapp me +818423154179
Thank you for your time
Economics -/ resources wants scares allocation individual
Goods something’s that give you happiness
Bads something that dissatisfied u
•> tangible goods
•> intangibles goods -
We try to quantify everything in economics
Reservation price - price at which you are indefinite Betty two things
Thank you sir
Hello i want to Contact u i have many Project in economics can u help me all are paid whatsapp me +818423154179
800th like😊
9:45 😂 person who is frequent visitor of jail is a #criminal
Why would he travel ?
Are you saying that criminals don't travel lol?
@@meghashaw4256 okay 👀
this guy save my grade 😭
Sir tell me economic book name for ba hon 1st semester from Bhu
Try HL ahuja
Micro levelling an event is the selection of events properly.
Thanks
👍
Hello i want to Contact u i have many Project in economics can u help me all are paid whatsapp me +818423154179
Hello sir
Thank you so much sir...please sir aap Hindi speak me teach karen to both medium student ko profit ho... write down English language but speaking in Hindi language
Hello HR COLLEGE STUDENTS?😄
nice
Very nice
If some students had to study Economics (commerce/ finance) , then why wasted your 11th and 12th learning chemicals, acids, electricity, magnetism, calculus, etc.. simply PCM . The method of addmission is absolutely wrong . If a student wants to study Economics at bachelors level, then why should he/she waste their 2 years studying science.
Seems like you failed in jee
you know nothing dude
economics is also a part of sciences
also MIT which is the best engineering college in the world is best known for its courses in economics
In india due scare resource , anyone hardly study Economics at imtermediate but it is commom to study Economics in developed nations.
@@roronoazoro87118 There is a debate whether economics is a social science or natural science and it is considered a subject of humanities that is social science by most of the academicians and economists
Thank you sir
Hello i want to Contact u i have many Project in economics can u help me all are paid whatsapp me +818423154179