This note explains the following topics: Divisions of Economics, Importance of Economics, Agricultural Economics Meaning,
Definition , Law of Diminishing Marginal Utility meaning, Definition, Assumption, Limitation, Importance, Indifference curve approach, Consumer�s Surplus, National Income, Public Revenue, Public Revenue, Public Expenditure, Inflation, meaning definition, kind of inflation.
Author(s): Dr. Harbans Lal
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