Ten Principles of Economics in Hindi

This video discusses about the Ten Principles of Economics in detail:

A. How People Make Decisions
Principle 1: People face trade-offs
Principle 2: The cost of something is what you give up to get it
Principle 3: Rational People think at the Margin
Principle 4: People Respond to Incentives

B. The Principles Of How People Interact
Principle 5: Trade can make everyone better off
Principle 6: Markets are usually a good way to organize economic activity
Principle 7: Governments can sometimes improve market outcomes

C. The Principles Of How The Economy As A Whole Works
Principle 8: A country’s standard of living depends on its ability to produce goods and services
Principle 9: Prices rise when the government prints too much money
Principle 10: Society faces a short-run Trade-off between inflation and unemployment

𝗙𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 / 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻𝘀 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗤𝘂𝗲𝗿𝗶𝗲𝘀 Contact 𝗮𝘁: [email protected]

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