Economics Notes for B.A / B.Sc / B.A (Hons). Students of B.A / B.A (Hons) / B.Sc Level of any University recognized by Higher Education Commission (HEC), Islamabad belonging to any province i.e. Punjab, Sindh, KPK, Balochistan and Azad Kashmir and can get benefit from these notes. By studying our notes, we can guarantee you for getting maximum marks in your exams.
Notes and Handouts of Economics for B.A and BSC (part-I) for HEC Recognize Universities
Please select a topic from below:
Chapter # 01 – Nature and Scope of Economics
- Meaning of Economics
- Adam Smith Definition or Classical School of Thought
- Prof. Alfred Marshall Definition or Neo-Classical School of Thought
- Prof. Lionel Robbins Definition or Modern School of Thought
- Comparative Study of Marshall And Robbins Definitions 0f Economics
- Micro Economics Definition with Examples
- Macro Economics Definition with Examples
- Economics Problem and Why Scarcity Appear
- Nature and Scope of Economics
- Economics Laws and Its Characteristics
- Deductive Method
- Inductive Method
- Importance of Economics
Theory of Consumer Behaviour
- Utility
- Utility and Usefulness
- Determinant / Characteristics of Utility
- Types of Utility
- Marginal Utility
- Total Utility
- Point of Satiety / Point of Saturation / Zero Utility
- Relationship between Total Utility and Marginal Utility
- Law of Diminishing Marginal Utility
- Law of Equi-Marginal Utility
- Consumer’s Equilibrium under Cardinal approach-One Commodity Model or law of Diminishing Marginal Utility
- Consumer’s Equilibrium under Cardinal approach – Two Commodity Model or law of Equi – Marginal Utility
Demand