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SS1: ECONOMICS - 1ST TERM

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  1. Introduction to Economics
    3 Topics
    |
    1 Quiz
  2. Basic Concept of Economics
    4 Topics
    |
    1 Quiz
  3. Basic Tools for Economic Analysis
    8 Topics
    |
    1 Quiz
  4. Measure of Central Tendency
    4 Topics
    |
    1 Quiz
  5. Theory of Demand & Supply I
    5 Topics
    |
    1 Quiz
  6. Theory of Demand & Supply II
    7 Topics
    |
    1 Quiz
  7. Theory of Production I
    7 Topics
    |
    1 Quiz
  8. Theory of Production II
    4 Topics
    |
    1 Quiz
  9. Basic Economic Problems of the Society
    1 Topic
    |
    1 Quiz
    1. Basic Economic Systems
  10. Economic System
    4 Topics
    |
    1 Quiz

Quizzes

  • excellence
SS1: ECONOMICS โ€“ 1ST TERM Basic Economic Problems of the Society
Lesson 9 of 10
In Progress

Basic Economic Problems of the Society

Performance Objectives:

At the end of this lesson, you should be able to:

  • State the basic economic system
  • Explain what to produce
  • Enumerate how to produce
  • Discuss the principle “for whom to produce”
  • Explain the efficiency in the use of resources
Lesson Content
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