About this app
Introduction:Many attempted have been made to explain the subject matter of Economics but for our purpose we will consider some simple ones.
Adam Smith (1776). Who is known as the father of economics defined economics as “an enquiring into the Nature and causes of wealth of nations”.
In his book “the wealth of Nations”.
He was basically concerned with the broader aspect of wealth and the means by which volume of production could be increased…
Content:
1.tMeaning of economics
2.tBasic economic problems of the society
3.tEconomic system
4.tProduction
5.tCo-operative societies
6.tLimited liability companies
7.tPartnership
8.tPrivatization and commercialization
9.tPublic corporations
10.tSole proprietorship
