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Basic Concepts of Economics - Needs, Wants, Demand, Supply, Market, Utility, Price, Value, GDP, GNP
This video covers the detailed discussion on the Basic Concepts of Economics. After this class, we will have generated brief idea about Needs, Wants, Demand, Supply, Demand Curve, Supply Curve, Market, types of market, market equilibrium, Utility, Consumption, Consumer Surplus, Law of diminishing marginal utility, Price, Value, GDP, GNP ...
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