economics robbins critics theory

Critics of Robbins Definiton

Incomplete Definiton Robbins Definition of Economic Considered as a Scientific Definition which takes long period. How ever It may not Relief From Criticism. Robbins Definition has been Criticised on the Following Grounds. This Definition of economics has given on necessary emphasis on scarcity and choice problem but critics view that economic problem also arise from…

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Government Finance, Management

NEB || Important questions of Economics-II Chapter 11

Class: 12 || Subject: Economics-II || Chapter: 11 Government Finance Long answer questions Explain the process of budget formulation. [10] What is indirect tax? What are its merits and demerits? [2+8] What is government expenditure? What is its importance in the economy? [5+5] What is budget? Explain the process of budget formulation. [10] What is…

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Government Finance, Management

NEB || Important question paper of Economics-II

Class: 12 || Subject: Economics-II Unit-7 Theory of Price and Output Determination Long answer questions What is monopoly? How is price and output determined under it? [2+8] How are price and output determined under monopoly? [10] What is perfect competition? How are price and output determined under it? [4+6] What is perfect competition? How do…

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HSEB || Model question of Economics Class 12

Class: 12 || Subject: Economics Unit-5 Theory of Production Long answer questions Explain the law of variable proportion. [10] Explain with diagrams, the three stages of law of variable proportions. [10] Explain the law of variable proportions. Does this law apply only in agriculture? [7+3=10] Diagrammatically explain the law of returns to scale. [10] Short…

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