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A N ME FAD MANAGERIAL ECONOMICS AND FINANCIAL ACCOUNTING (UNIT- 1) Presented by: DR. LOKESH AGARWAL (Asst. Professor) Arya Group Of Colleges, Kukas, Jaipur
MANAGERIAL ECONOMICS (UNIT-1) Basic Economic Concepts •Meaning, Nature and Scope of Economics. •Deductive v/s Inductive methods. •Static and Dynamic Economics. •Economic problems: scarcity and choice. •Circular flow of economic activity. •National Income-concepts and measurement.

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