Indin an economy[1][1]
Download as PPTX, PDF
1 like428 views
This document provides an overview of the characteristics of the Indian economy. It discusses the origin of economics as a science concerned with the production, consumption, distribution and investment of goods and services. It notes that in the present global environment, understanding economic issues has become important for society. The document also outlines some of the main characteristics of definitions related to wealth, material welfare, scarcity and choice, and development and growth. It discusses the scope of economics and some of its major branches. Finally, it describes the central problems that an economy faces due to the scarcity of resources.
![Indin an economy[1][1]](https://image.slidesharecdn.com/indinaneconomy11-150802055359-lva1-app6892/85/Indin-an-economy-1-1-6-320.jpg)
![Indin an economy[1][1]](https://image.slidesharecdn.com/indinaneconomy11-150802055359-lva1-app6892/85/Indin-an-economy-1-1-9-320.jpg)
![Indin an economy[1][1]](https://image.slidesharecdn.com/indinaneconomy11-150802055359-lva1-app6892/85/Indin-an-economy-1-1-11-320.jpg)
![Indin an economy[1][1]](https://image.slidesharecdn.com/indinaneconomy11-150802055359-lva1-app6892/85/Indin-an-economy-1-1-19-320.jpg)
Indin an economy[1][1]
- 1. Techno India NJR Institute of Technology Charateristics Of Indian Economy 02-08-2015 Submitted to : Miss. Tanu Verma Submitted by: Mahendra Singh II Year,ECE
- 3. 1. Origin of Economics Our activities to generate income are termed as economic activities, which are responsible for the origin and development of Economics as a subject. Originated as a Science of Statecraft. Emergence of Political Economy. Economy is concerned with the production, consumption, distribution and investment of goods and services.
- 4. Employement By Sector % 2015-16
- 5. 3.Present Indian Economy In the present global, liberal and knowledge based environment, the understanding of economic issues has become quite indispensable for all sections in the society. Everyone wants to get rich, increase their wealth holdings, hold over productive resources and expand their business activities. So, people want to earn more and more profits
- 7. 4.MAIN CHARACTERISTICS OF WEALTH DEFINITION (i) Exaggerated Emphasis on Wealth : (ii) Inquiry into the Creation of Wealth : (iii) A Study on the Nature of Wealth :
- 8. 02-08-2015 Radio Spectrum is congested but the demand for wireless data double each year and everything it seems to use the wireless data but the capacity is going up 1.5 million base stations 5 billion mobile phones
- 10. 5.MAIN CHARACTERISTICS OF MATERIAL WELFARE DEFINITION (i) Study of Material Requisites of well being (ii) Concentrates on the Ordinary Business of Life (iii) A Stress on the Role of Man
- 12. 6.MAIN CHARACTERISTICS OF SCARCITY AND CHOICE DEFINITION Unlimited Want Limited Means Alternative Use of Resource Ecomomising Resource
- 14. 7.MAIN CHARACTERISTICS OF DEVELOPMENT AND GROWTH DEFINITION (i) Growth-orientation (ii) Dynamic Allocation of Consumption (iii)Distribution of Consumption (iv) Improvement of Resource Allocation
- 15. 02-08-2015
- 16. SCOPE OF ECONOMICS We can list some of the major branches of economics as under (i) Micro Economics (ii) Macro Economics (iii) International Economics (iv) Public Finance (v) Development Economics (vi) Health Economics (vii) Environmental Economics (viii) Urban and Rural Economics
- 17. CENTRAL PROBLEMS OF AN ECONOMY The problem of scarcity of resources which arises before an individual consumer also arises collectively before an economy. On account of this problem and economy has to choose between the following: (i) What technique should be adopted for production? (ii) Which goods should be produced and in how much quantity? (iii) For whom goods should be produced?
- 18. Refrence 1. Lionel Robbins,:Nature and Significance of Economics, 1932 2. Alfred Marshall:Principles of Economics, 8th edition 3. Kalyanjit Roy Choudhary:Modern Micro Economics