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ECONOMICS AS A SUBJECT (AIMS AND OBJECTIVES :pencil2: (ECONOMIC EFFICIENCY…
ECONOMICS AS A SUBJECT
IMPORTANCE
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TEACHES MODERN METHODS OF PRODUCTION
HELPS IN PROPER BUDGETING
TEACHES THE KNOWLEDGE OF ECONOMIC SYSTEMS
HELPS TO INCREASE NATIONAL WEALTH
HELPS TO CONQUER POVERTY
EVALUATION
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COST-UTILITY ANALYSIS
PROGRAMMATIC COST ANALYSIS
COST-EFFECTIVENESS ANALYSIS
ECONOMIC IMPACT ANALYSIS
BENEFIT-COST ANALYSIS
AIMS AND OBJECTIVES :pencil2:
ECONOMIC EFFICIENCY
FULL EMPLOYMENT
PRICE LEVEL STABILITY
ECONOMIC SECURITY
ECONOMIC GROWTH
EQUITABLE DISTRIBUTION OF INCOME
ECONOMIC FREEDOM
SCOPE
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PRICE POLICIES AND PRACTICES
CAPITAL MANAGEMENT
DEMAND ANALYSIS AND FORECASTING
PRODUCTION AND COST ANALYSIS
PROFIT MAXIMIZATION
PROJECT EVOLUTION
METHODS AND ACTIVITIES :pencil2:
VISITS TO BANK, MUSEUM, ETC.
CLASSROOM GAMES
DEBATE AND SURVEY METHOD
PROJECT METHOD
FIELD TRIPS
USE OF TEACHING AIDS LIKE CHARTS, FLASH CARDS MODELS ETC.
NATURE :pencil2:
NORMATIVE RATHER THAN POSITIVE
INTERDISCIPLINARY NATURE
SCIENCE AS WELL AS ARTS
GOAL ORIENTED
APPLICATION OF ECONOMIC THEORY