INTRODUCTION TO MICROECONOMICS class 11 ONE SHOT | GAURAV JAIN
Introduction to Microeconomics class 11 | Central Problem of the economy | Chapter 1 one shot
micro economics by gaurav jain
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#gauravjain #microeconomics #class11
00:00 - 01:54 Introduction
01:54 - 04:10 What is Economics?
04:10 - 6:12 Microeconomics vs Macroeconomics
6:12 - 16:58 Central problem of economy
16:58 - 27:14 Production possibility curve
27:14 - 35:40 Shift and rotation in PPC
35:40 - 44:13 Opportunity cost
44:13 -49:10 Why does PPC slope downwards?
49:10 - 57:53 Why does PPC concave to origin?
