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TextBook Solutions for Board of High School and Intermediate Education Uttar Pradesh Class 11 Statistics Statistics For Economics Chapter 1 Introduction

Question 1

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Define Economics.

Solution

Economics is a social science dealing with the study of economic problems.

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TextBook Solutions for Board of High School and Intermediate Education Uttar Pradesh Class 11 Statistics Statistics For Economics Chapter 1 Introduction

Define Economics.

Define economic activity.

Who is a consumer ?

What is consumption ?

Who is a producer ?

What is production ?

What is saving ?

Define investment.

Who are the agents of production ?

Define economic problem.

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