ECONOMICS AS A SUBJECT

IMPORTANCE

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

COST-UTILITY ANALYSIS

PROGRAMMATIC COST ANALYSIS

COST-EFFECTIVENESS ANALYSIS

ECONOMIC IMPACT ANALYSIS

BENEFIT-COST ANALYSIS

AIMS AND OBJECTIVES ✏

ECONOMIC EFFICIENCY

FULL EMPLOYMENT

PRICE LEVEL STABILITY

ECONOMIC SECURITY

ECONOMIC GROWTH

SCOPE

PRICE POLICIES AND PRACTICES

CAPITAL MANAGEMENT

DEMAND ANALYSIS AND FORECASTING

PRODUCTION AND COST ANALYSIS

PROFIT MAXIMIZATION

METHODS AND ACTIVITIES ✏

VISITS TO BANK, MUSEUM, ETC.

CLASSROOM GAMES

DEBATE AND SURVEY METHOD

PROJECT METHOD

FIELD TRIPS

PROJECT EVOLUTION

EQUITABLE DISTRIBUTION OF INCOME

ECONOMIC FREEDOM

USE OF TEACHING AIDS LIKE CHARTS, FLASH CARDS MODELS ETC.

NATURE ✏

NORMATIVE RATHER THAN POSITIVE

INTERDISCIPLINARY NATURE

SCIENCE AS WELL AS ARTS

GOAL ORIENTED

APPLICATION OF ECONOMIC THEORY