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Topics Covered in This Video: Basic Economics Concepts - Basic economic problems – Production Possibility Curve - Utility – Law of diminishing marginal utility – Law of Demand - Elasticity - Measurement of Elasticity and Its applications. 📘Download Notes & Materials Access the PDF notes and resources here: https://tinyurl.com/economics-ktu (Google Drive folder) Doubts or Issues? Email us at: [email protected] ✅ What’s Included in the Course: • Full video lessons for all modules • PDF notes & additional resources • Model question paper discussions • Module-wise exams & revisions • Important questions & tips • Exam-oriented classes and support Data Structures - KTU S3: 100% FREE CLASSES ! Check out the playlist here: https://yt.openinapp.co/k4hyd Timestamps 00:00 – Introduction to Course & Mark Distribution 02:52 – Topic Starts 03:45 – Basic Economic Problems 09:33 – Production Possibility Curve (PPC) 18:36 – Utility Concepts (Total, Average, Marginal Utility) 27:05 – Law of Diminishing Marginal Utility 30:08 – Demand 36:53 – Law of Demand 43:38 – Elasticity of Demand (Price, Income, Cross) 44:50 – Degrees of Price Elasticity 47:45 – Income Elasticity 48:53 – Cross Elasticity 49:25 – Problems: Price Elasticity 51:55 – Problems: Income Elasticity 54:34 – Problems: Cross Elasticity © Clearitt Learning Ltd. Unauthorized reproduction, redistribution, or misuse of this content is strictly prohibited and may lead to legal action. Related Tags: economics for engineers ktu,economics for engineers ktu 2024,economics for engineers s3,s3 economics for engineers ktu,s4 economics for engineers ktu,ktu btech economics for engineers,ktu syllabus economics for engineers,ktu s3 common subject,ktu s4 common subject,ktu apj abdul kalam university,ktu 2024 scheme,ktu syllabus 2024,ktu apj syllabus,ktu exam preparation,ktu notes economics for engineers,ktu s3 economics notes,ktu s4 economics notes,ktu question paper economics for engineers,ktu economics module 1,ktu economics module 2,ktu economics module 3,ktu economics module 4,ktu btech syllabus,economics for engineers notes,economics for engineers question paper,economics for engineers lecture,ktu study materials,economics for engineers explained,ktu btech common subject notes, economics for engineers ktu,economics for engineers ktu 2024,economics for engineers s3,s3 economics for engineers ktu,s4 economics for engineers ktu,ktu btech economics for engineers,ktu syllabus economics for engineers,ktu s3 common subject,ktu s4 common subject,ktu apj abdul kalam university,ktu 2024 scheme,ktu syllabus 2024,ktu apj syllabus,ktu exam preparation,ktu notes economics for engineers,ktu s3 economics notes,ktu s4 economics notes,ktu question paper economics for engineers,ktu economics module 1,ktu economics module 2,ktu economics module 3,ktu economics module 4,ktu btech syllabus,economics for engineers notes,economics for engineers question paper,economics for engineers lecture,ktu study materials,economics for engineers explained,ktu btech common subject note