Economic Principles

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Economic Principles by Mind Map: Economic Principles

1. Introduction to Economics

1.1. What is Economics

1.1.1. Microeconomics

1.1.2. Macroeconomics

1.1.3. Positive Economics

1.1.4. Normative Economics

2. Demand & Supply

2.1. Elasticity of Demand

2.1.1. Price Elasticity of Demand

3. Theory of Production

3.1. Cost of Production

4. Market Structure

4.1. Monopoly Market

4.2. Perfect Competition Marjket

5. National Income

6. National Accounting Equilibrium

7. Unemployment