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There is no one single definition of economics on which all economists has agreed; therefore, after examining various definitions, economists have divided economics into three major groups. Readers can download this lecture from this link: Similarly economic system plays a pivotal role in managing the scarce resources in proper manner. After getting the students comment handoutss it, will know how much they understand and will give expression like wow nice good etc.

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Managerial Economics – ECO404 VU Video Lectures

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