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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
  10. Economic System
    4 Topics
    |
    1 Quiz

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Topic Content:

  • Meaning of Factors of Production

Production of a commodity, or service, requires the use of certain resources, or factors of production. Factors of production are the volume of resources used in production.

It is the available economic resources, necessary 

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