Posts from 12th class Ecnomics Notes (english Medium)

Chapter 2: Theory of Consumer Behaviour (Utility Approach) 1. Consumer Consumer is an economic agent who buys goods and services to satisfy wants. 2. Utility Meaning: The satisfaction a consumer gets from consuming a good/service. Types of Utility: […]

📘 Class 12 Microeconomics Notes Chapter 1: Introduction 1. What is Microeconomics? Microeconomics is the branch of economics that studies the behaviour of individual economic units – like a consumer, a firm, or an industry. Focus: How decisions […]