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  • Course Material: Lecture Handouts. Textbooks Online Questions

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    The document discusses course material for economics including lecture handouts, textbooks on economics, issues in Pakistan's economy, and online questions. It also outlines households that have unlimited demand for consumption of goods and services, firms that have limited supply for production of goods and services, and how economic systems can be classified on a scale from totally planned to totally free markets. Finally, it depicts the circulating flow of goods, income, and factors of production between households and firms.

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    Lesson 01

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    The document discusses course material for economics including lecture handouts, textbooks on economics, issues in Pakistan's economy, and online questions. It also outlines households that have unlimited demand for consumption of goods and services, firms that have limited supply for production of goods and services, and how economic systems can be classified on a scale from totally planned to totally free markets. Finally, it depicts the circulating flow of goods, income, and factors of production between households and firms.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    31 views5 pages

    Course Material: Lecture Handouts. Textbooks Online Questions

    Uploaded by

    chibkush
    The document discusses course material for economics including lecture handouts, textbooks on economics, issues in Pakistan's economy, and online questions. It also outlines households that have unlimited demand for consumption of goods and services, firms that have limited supply for production of goods and services, and how economic systems can be classified on a scale from totally planned to totally free markets. Finally, it depicts the circulating flow of goods, income, and factors of production between households and firms.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 5

    Course material

     Lecture handouts.

     Textbooks
     Beggetal : Economics.
     Schaum series: Principles of economics
     Zaidi, S.A : Issues in Pakistan’s economy.

     Online Questions
    We The People

    Households Firms Government


    Households

    Consumption of Goods and Services


    Unlimited Demand

    Firms

    Production of Goods and Services


    Limited Supply
    Classifying Economic Systems

    Mid 1970s
    Totally
    Totally
    N. Korea China Poland France UK USA Hong Kong Free
    Planned
    N. Korea China Poland France UK USA Market
    Economy Hong Kong
    Economy

    Mid 1990s
    Circulating Flow of
    Goods & Income
    Factors Goods
    of &
    Production FIRMS
    FIRMS Services

    Wages,
    Rent, Consumer
    Dividends, Expenditure
    Interest (rupees)
    etc
    (rupees)

    HOUSEHOLDS
    HOUSEHOLDS

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