ECONOMICS – Podcasts
CLASS 11 (PLUS 1) / ECONOMICS
Audio Podcasts
Play and learn from this chapter
INTRODUCTION TO ECONOMICS
This episode introduces economics as a social science that studies how individuals and societies make choices regarding the allocation of scarce resources to satisfy unlimited human wants. It explains the relevance of economic thinking in daily life, national development, and global interactions. The episode provides a conceptual foundation for understanding production, consumption, distribution, market mechanisms, and statistical tools that will be explored in later episodes.