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Introduction
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t ' 'one of the basic problems encounlr*i

ir, most aupecb. of economica is the problem
of scarcity..-R.G. upsey.
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as a relationship between ends and
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scarce mear.s
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a studv of scarcitv anci or the problems

ro w'rrich scarciry
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Endeavour to satisfy unlimited wants with Limited Resources
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<fq s cskrf< mre $ qlQwr 6glE <r'rd 1 q{fr&Rq ffi. q+. siTuflr 0.F. Ragan) e eq. R. amtc
(I. B.,Thomas) (Flii, 'ftfl q-{Eg s:n ,{sfr c{ <l<aft fi"flr{ wprfiR <tfu Ttft-'sT{t aitr$ qR".
mtg +S"trv< "tffi {qBI <trrieft q{ffi$ frq1s s6sK -+-K t "b
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r

"P.r.e capitalism is an economic system in which individual ownership of property exists and market rather than
central authority executes economic decisions."-J. F. Ragan and L. B. Thomas.

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)o "Soti"Ii'tit Economy:An

economic system in which property is publicly owned and central authorities

co'8.
of Ma*oeconomics, j. f. nugan C L.
Tho*ur.

ordinate economic diicisions.'-prl nciplis

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'Tltere is really no opposition between l\{icro and Macrc Eronondcs, Both are absolutely vital." : Economics :P. A.
Srrnuelson.

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Q'olo' 'o'9; RI' 6$' n'oo8l

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the cenrai economic
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Efifrlr-{I's-l
w}fi<1R
I c1.K ft{na 6qT
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problerns of human ltfe Zi
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*$f $qqffi t.qT, fuTTE Sq{tqq F-$ qr< t3'\ T'K q-$
T{nT ?
T*ft qq:fl|[gi-{ ffifr-s E{f{&T T{qT|"-<tFB'f T3 l (What is meant
society is to determine-what
or:Cnot."'? Explain thai the basic economic problems of the

fr

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Eq{qE sdl q1q sT fr6EE
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s 1 {C{trt <I3r sTrs T(q ? ffi$Frq-{ crqRRl {r{ttt
opportunity cost

diagrarn')
Explain the concept of opportunity cost:.tj|n rn- help of
{ 6i'

fit'

Q.o}5,

'ob;Kl'6{l' \oobl

K"nK qlqrcr qr+tft <i-\ qlK'ft6 <]Iqil'l T3 I (what

tn" help of production
is opprortunity cost ? Expiain the concept r:f opportunity cbst -ltn
6.

qRt{

<tT

.sr$ qffi r Eqrlllq

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|;:li

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s I canrt{ :Tsl'fil cltt fr z Sqorqq
pcssibility curve with diagram')
prodtrction possibility curve. ? Explain the production
lT,ct.\o51,

,oi, ,o8;{.tnt. {c5),

fr;..#:L

S"

Jjirf}i

qllrcns cElrst qffr '$iK F"K cF'-& F'F

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wants with rimited resources') Ft'
q r Eqtoflrol <-{cs

fi $m ? qr1l fssr< ftfis

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Re{E:{'6H1mt<{+t+<

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qrqfi q$q|r{-{ RfrX TfufiTtrqt EfffilF{l 4:{

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clifferent levels of activities in solving economic problems of human life')

F.

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l.o)), 'ob', 'Jvr 'o8; fr'ffi'Q'o)5, 'ol"os;5.l" 6{t' Q'o)o' 'o9' 'o8i
'og' 'o8' 'oQ';
T, d. l.o)o, 'oi','o8, 'og; ri'c{t' {oob'
KI. 6<1. Q.oo1, 'oC;D- 6{I.

\oo6, 'o9l

q-<r{R q{lf{&T qrlqlT{ }Nt{f{

to r Eqofiqq, 1tR:m, <6-q e NIst sfrTtK {T{lr{ :ilT<
of human life is
aTD-$ q*fx q-ofiga1E{r'TK 1 (Efforts of solving economic problems
consumption
resolved through the process of production, exchange, distribution and

\oo9, 'o8;T'6{I' \oo1' 'oC' 'o9;

<. f<1. l.oo9, 'o8;{.6$. l.oo9, 'o8, 'o\;}'' C{I' \ooC' 'ogl
qdftfr sr$ <rq z q{qfrs E{fr&R f<fiti$st qrcqlrql T3t I (\tvhat is
5 5 1 E4s-Iffs
Capitalistic Economy ? Discuss the characteristics o1":"pittstic'economy')
t{. CEI. Qo)o; EI. f<t' looC; R' 6{t' l'oo, 'oe; E' 6{t' e'oo8]
q'rrEl5-{t s-nI
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-Discuss.) c{l. \oob,

tfr.

'o\9;Rl. 6(1. \oo1, 'oC;O. f,{t.

characteristics of mixed economic system')

{what ismeant by econornic system ? Discuss the
qo::;Et'
f{l'\oob;{' 6{l' \ook;fr' f<t' {ooL;R' 6{t' \oo1l
lF. f+.
ffi$ttF-+t qirEl5.{l s-d I
is I ft-S Eft-{&T {Friatr strs r.q 7 frg
system' )
(What is mixed econornic svstem ? Discuss the characteristics of mixed economic
C<1. \ooe;D' 6{l; \oo9l
f{.6SI. Q.oob,;El. (El. Q,ooV;R:C<T. {oob';ft. C<I. looL;RI.
<n<n +,s t
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price rnechanism ? Expiain the role of price mechanism in the economy of

v{ffi+ *.*,t

<lfufls

(what is
individuai rnanagement. )
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(What ls a caPitalistic economY

qqutfr-s

q{iqqfrs q{ftfrK {"csl 'ttdsl R{n +r t

Distinguish between capitalistic and socialistic

economies.)

:s r ffiqs{Rs

E{f<l-{lsi|<

gffi

ffitit15tt

slrEtD-fl SK

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socialistic econornY.)
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5q i
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relative importance of micro and macro economics')

fi

cft*o-ts{
)

d-S

I TI$ fr-stt3 ffis

q-.pm

qKI

qft{ qsr< F"t T-cd ? (Flow does man fulfil his

unlimited wants with limited resources ?)

fr-sl[< frr{tr{1 T$ qT ?
q 1 \q{fr&-cs mr{ E'<1 fi qR{r.t $96qq 4-{f {ffi:r-{ ffi
in
(What goods to be produced and in what quantities-how is this issue considered
economics

?)

e t SdfrBno EsT"|Igl

qcs

fi

C{f$T ? (What is rneant b^y scarcity in economics ?)

'oV; fr' 6{t' t'oob; 5'' 6{l' \oots ' 'o9;
t U. 6{t. to) ) ; T. C(I. \o5o ,
<' 6Ei' \oo1' 'of ;{'6{l' a'ool

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s t E{frftrs '!-Tf[erJET' s 'fr{ruT' +qrs

r<R{
'scarcity' and'choice'in Economics ?
'otr;
C{t.
Q.o5),
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fr

c.l

qq-rGl Tttt'fi-sl s qstr<3l fr-6]*{ {qrs

understand by
lwhat cro you
fr. C{I. lo)5, ,o(; fr. fil" l.o)o;

TT. C{i. Q.gorr;3. f$.'Q.oob,'og]

c{Rr ? (What do you understand by

fr

scarcity of sources and choice of wants?)

v i c{ft865 Tq-fi-{ mnrglK

qrlt

q-stn<

frftu{

sz-Trql{ qn-<nqrT

s-i

I (selection of

wants becomes necessary due to scarcity of resources in economics- Explain. )

I I l6{lef <FI fi t lWt at is opportunity cost ?)
fi. fO. io5 ) , f o1, 'os;
<. C{I. \o)o, 'ots; F. 6{f. \oob;ft. C<t. \oob;Ei. Cil" Q.oog, 'ol
EeFEt, {c{t't <nalBl {lR.lIE <itll'f ffi I (Explain the concept of opportunity cost.)
Ft. C{t. \o)):,'og,'og; {. f<t. Q.o)o,,'og, "o{; <. 6(l. ioo9,'og,,oQ.;

tsr bsfioo'sffi 6?r <Er," fi ffi<m ? (what ,, *l;,f;t;r*?1i;"Xi;3,T*fij

tegrT. C<l l.oog,'oq;
curve?)
lET.6{1. {o5o,'ob,'og,'ol;KI. C{I. Q.oob,'oq,
qaRt, bq'fitri qEf-{-{l 6<$

t-

fi

? (What is

production possibility curve

?)

[KI.

f{t.

\o::;

br fieTfrs cdft&K ffirs'i*er fir 1wr,ut are rhe .nr1".fl,,i',jr';F:f,;Ji'"i,,lj

economy.)
IT. 6{t. l.o)o, 'oe; E. 6{1. l.o)o; Kl. 6il. \oots, 'o(; R. C$. l.ooy;
]tl. C{I. iool, rol; {.'6{1. {ooll
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economy ?)_
lT. 6.l. Q.o)5; KI. ffi1. \o)); {. 6{1. \ootsl
5! I fr{ E{lf{BT <I-fleII T{F fr c{l<tl{? (whar is und.erstood by mixed economic
system ?)
f<. C{t. {o)5; ft. 6{t. Q,o)), 'oC, 'os; D. ffl. \oob; Kt. C{t. tooc; U. 6{1. toog;
)r r frs q{ <irrtr<

ffirti fi fir

(what are rhe

cha**,i""lt;r}t1;T"l"t;#

system.) 11. 6<1. lo;:,

ft. 6{t. I,o::, 'ob; Dl. 6{1. \o)o; {. C{I. Q.o5o; {. 6{1. \ootsl
5s1 ffi.q{
<l-fiefl{ qffi f{FE]tf{t fi ? (\A/hat are the main characteristics of
Islamic economicsystem ?)
ffr. 6{1. Q,o)o, 'ob-, 'og, 'og; T. 6{t. tooCt
)81 rFI qfr$ fi ? (what is price-mechanism ?)
rn. c{I. Q.oob; {, 6{t. toob;
'ob;

)c

t KIF+ e {lTfr-s E{frF< {c{i

micro and macro economics.)

31.6{1. Q.o5o,

ofl{r,

ffit

D. C{I.

{oot;K.6{1. Q.ooi,

,oGl

q< r (Point out the difference between

(Tl. Q.o)5, toQ;

l6l. ffi. Q.o)), 'ob, 'o9, 'o8;D.

'ob, 'og, 'o8, 'oQ.;<. C<1. Q.o)o, 'ob, 'og, 'og;T. G[l. \oob;
'or'l

)v r

<ies s qrqes c{fr& rr$ <.* , (wh"tl'fl;,:;};"":;::::;*,:oG'

l{. C{I. \o)),'ob,'o(,'oQ.;ft,6{1. Q.o)o;8.6<'t. Q.oob,'of;fi.6{l'. Q.oo1,,ou;

Itl. 6{I. ioog;'o8;3[1. f,{i. Q.oo9,'o8,'oQ.;3. Cil. Q.ooV,'o8]

qRFTti
Yfrt fi ? (what is rhe role of price mEchanism

511 <nqfr$ E4frBcE q'N

under a capitalistic economy ?)

)t I <T(qrrqT'K q{ffi-s <i?rreff{
economic system of Bangladesh ?)

)b I <iffis s

mtl

fr fi

4{Bs q{ftfr3 flK'Ptfrs tIfr f

micro and macro economics

?)

? (What are the characteristics of

?

(whar is the relarive impqrrance of