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Paper 1 Economics 🔥 Important Questions Answer (Major 1& 2)Lucknow University BA 5th Semester #economics #economicspaper1 #semesterexam #exam #lucknowuniversity #lucknow_university_exam2025 #pyq

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📘 Paper 1 Economics 🔥 Important Questions with Answers
(Major 1 & Major 2) | Lucknow University | BA 5th Semester

In this video/notes, we cover Paper 1 Economics Important Questions with Answers for BA 5th Semester, Lucknow University.
This content is specially designed for Major 1 & Major 2 students, focusing on exam-oriented, repeated, and most expected questions.

All answers are explained in easy language, perfect for last-minute revision, exam preparation, and scoring high marks in university exams.
If you are a Lucknow University BA student, this video/notes will help you understand concepts clearly and revise smartly before exams.

✔️ Important & repeated questions
✔️ Major 1 & Major 2 syllabus covered
✔️ Exam-focused answers
✔️ Useful for 2025 university exams

Topic Covers In This Video:-


Pre Classical Economic Thought:

Unit-I

Mercantilism, Physiocracy- their views on Economic Development.

Unit-II

Indian Economic Thought:

Kautilya, valluvar, Dada Bhai Naoroji, RC Dutt, BR Ambedkar, Gandhian Economics, JK Mehta.

Unit-III

Classical Economic Thought:

Evoulution of Economic science, Smith's conception of growth and his criticism of Mercantilist and Physiocratic Doctrines, Smith's natural philosophy and Economic philosophy. Theory of Value Cause and measure of value. Growth of National Product and its Distribution.

Unit-IV

Classical Economic Thought:

David Ricardo- development of Labor theory of value, theory of distribution and theory of growth; his views on machinery. Thomas Robert Malthus theory of population, theory of Glut, Malthusian Glut and Keynesian Stagnation.

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