Скачать или смотреть BPSC | BPSC Economics | Bihar & Indian Economy | Economics by Prashant Sir

BPSC | BPSC Economics | Bihar & Indian Economy | Economics by Prashant Sir #bpsc
Welcome to The Officer’s Academy, Bihar’s most trusted platform for BPSC Economics, BPSC Prelims/Mains preparation, and Indian Economy conceptual clarity.
In today’s important class, Prashant Sir explains the fundamentals of:

“Public Goods & Private Goods (सार्वजनिक वस्तुएँ बनाम निजी वस्तुएँ)”

A highly important topic for BPSC Prelims, BPSC Mains GS-III, UPSC basics, and several other competitive exams.

📘 What You Will Learn in This Economics Class:
1️⃣ Introduction to Goods (वस्तुओं के प्रकार)

• Meaning of goods in economics
• Rivalry vs Non-rivalry
• Excludability vs Non-excludability
• Market vs Non-market goods

2️⃣ Public Goods (सार्वजनिक वस्तुएँ)

✔️ Definition with examples
• Streetlights
• National defence
• Public parks
• Roads & bridges
✔️ Characteristics:
• Non-rival
• Non-excludable
✔️ Free rider problem
✔️ Market failure in public goods
✔️ Government role in public goods

3️⃣ Private Goods (निजी वस्तुएँ)

✔️ Definition & characteristics
• Rival
• Excludable
✔️ Example-based explanations
• Clothes
• Food
• House
• Mobile

4️⃣ Mixed, Club & Merit Goods

• Club goods
• Common resources
• Merit goods (education, healthcare)
• How they differ from public goods

5️⃣ Exam-Oriented Content:

✔️ BPSC PYQs
✔️ Expected MCQs for BPSC 70th
✔️ Comparison chart (Public vs Private goods)
✔️ Real examples used in exams
✔️ Concept map for revision

This class builds strong understanding of microeconomics, essential for both Prelims & Mains.

🎯 Target Exams:

BPSC 70th Prelims,
BPSC Mains GS-III,
BPSC TRE 4.0 General Studies,
UPSC Prelims (Economy basics),
SSC CGL/CHSL GK–Economy,
Railway NTPC,
BPSSC SI,
State PCS Exams,
All exams requiring Indian Economy + GS.

⭐ Why Watch This Class:

🔹 Makes Public vs Private Goods super easy
🔹 Taught by Prashant Sir, expert Economics faculty
🔹 NCERT + exam-focused explanation
🔹 Useful for both Prelims & Mains
🔹 Good for GK + GS + Essay + Interview


🔥 Hashtags

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