Hello friends, in this lesson we will learn about the various definitions given by some famous economist some named as Adam smith, Alfred Marshall, Lionel Robbins and also learn about the microeconomics and macroeconomics, Differences between Micro Economics and Macro Economics & Types of Economies
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Tags: advanced bank management caiib tutorials, alfred marshall, CAIIB, caiib abm module a, capitalistic economy, command economy, explained in english, macroeconomics, man has to make a choice, man has unlimited wants, market economy, microeconomics, mixed economy, resources are not only limited but have alternative uses, socialistic economy, the means to satisfy human wants are limited, the three problems of an economic organization, types of economies, unit 1 fundamentals of economics
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