Class 11 Economics Transportation and communication Notes and Important Questions
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Notes for Class 11 Transportation and communication (Economics) are shown above.
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This page covers Transportation and communication, chapter 18 of 19 in the Class 11 Economics syllabus set by the National Examination Board (NEB). Important questions for this chapter are being added.
For subjects like this one, examiners tend to reuse similar question patterns year to year — comparing this chapter's important questions against recent old NEB papers is one of the more efficient ways to revise.
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Definition of economics: Adam Smith, Alfred Marshall, RobbinsConcepts of positive and normative economicsConcepts and differences of micro and macro economicsTypes of goods and services: Normal, Giffen, Inferior, Substitutes, Complement, Private , Public, economic and freeIntroduction and characteristics of factors of production: Land, Labour, Capital and OrganizationDemand, Supply and Market equilibriumElasticity of demand and supplyConsumer’s Behavior