Basics of Economics

Topics Covered:

Section I
  1. Principles of Economics

  2. The Market Forces of Supply and Demand

  3. Elasticity and its Application

    1. Practices Tests
    2. Practice Test-1 on Elasticity and its Application

    3. Solution to Practice Test-1 on Elasticity and its Application

    4. Practice Test-2 on Elasticity and its Application

    5. Solution to Practice Test-2 on Elasticity and its Application

    6. Practice Test-3 on Elasticity and its Application

    7. Solution to Practice Test-3 on Elasticity and its Application


    Section II Section III
      Practices Tests
    1. Practice Test on Firms in Competitive Markets

    2. Solution to Practice Test on Costs of Production

    3. Practice Test on Monopoly

    4. Solution to Practice Test on Monopoly

    5. Practice Test on Oligopoly

    6. Solution to Practice Test on Oligopoly

    Overall Practice Test


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    Date of last modification: 2021