Category: Class 11 Economics Notes

The Importance of Mathematics in Economics and Its Applications The application of mathematics in economics is a translation of economic

1.  Concept of transportation and communication Ans:-Transportation and communication are important infrastructures for the overall economic development of a country.

 Meaning of Industry Ans:- An industry is a group of manufacturers  that produced a particular kinds of goods and services. Industry

Agriculture is the backbone of the entire economic structure of Nepal. Agriculture is an economic activities occupation which involves production

1. Introduction to Natural Resources Ans:- A natural resource is something that is found in nature and can be used by

1.  Discuss about the major economic indicators of Nepal. Discuss the major economic indicators of Nepal. Ans:- Economic indicator is simply

1.  Meaning of Economic Development Ans:- The concept of economic development is a dynamic and multi-dimensional. This concept is changing with

1.What is Money? Explain the Functions of Money. Ans:- In ordinary sense, money means the coins made of metals. But it

Very Short Question Answer 1. What is meant by two sector economy? The economy which consists of only household and

The term “macroeconomics” was first introduced by the economist Ragnar Frisch in 1933. Derived from the Greek word “makros,” meaning