Introduction - Most Important Questions | Class 11 Economics Chapter 1 | CBSE 2024
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 Published On Premiered Jul 9, 2024

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✅ In this video,

✔️ Class: 11th
✔️ Subject: Economics
✔️ Chapter: Introduction (Chapter 1)
✔️ Topic Name: Most Important Questions
✔️ Topics Covered (by Gauri Ma'am): In this video, ma'am guides you through exciting lectures of class 11th economics, focusing on the topic of 'Most Important Questions' - Chapter 1 Introduction Introductory Microeconomics as we explore key concepts essential for success in your studies. Join us as we simplify complex topics and make learning fun and engaging for all class 11th students.
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00:00 Introduction - Most Important Questions
01:41 Que. 1 "Only scarce goods attract price." Comment.
06:11 Que. 2 What does the slope of PPF indicate?
16:48 Que. 3 "An economy always produces on, but not inside, a PPC", Defend or refute the statement.
19:41 Que. 4 What is an economic problem? Why does it arise?
22:51 Que. 5 What will be the impact of 'Clean India Mission' (Swachh Bharat Mission) on the Production Possibilities curve of the economy and why?
26:30 Que. 7 What is likely to be the impact of "Make in India" appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain.
27:19 Que. 8 Explain the concepts of Opportunity Cost and Marginal Rate of Transformation using a production possibility schedule based on the assumption that no resource is equally efficient in production of all goods.
35:18 Que. 9 Explain Diamond Water Paradox?
41:04 Que. 10 What is the difference between the planned economy and market economy?
46:17 Que. 11 What are the Three Central Problems of an Economy?
49:47 Que. 12 Can PPF be a straight line?
52:43 Website overview
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