HSEB || Important Model Question for Economics Class 11
Part A: Basic Concepts of Economic 1. Nature of Economics Long Answer Questions Critically explain Adam Smith’s definition of economics. [10] Critically explain the Marshall’s definition of economics. [10] Critically explain the Robbin’s definition of economics. [10] Distinguish between microeconomics and macroeconomics. Explain the importance of microeconomics. [5+5=10] Critically explain the Marshallian definition of Economics….