CB2: Business Economics | Chapter 1 Class 1 | By Shivangee Agarwal | IFoA | IAI скачать в хорошем качестве

CB2: Business Economics | Chapter 1 Class 1 | By Shivangee Agarwal | IFoA | IAI

This video is an introductory class for the CB2 Economics course. The instructor explains the course structure, study materials, and exam format. The class covers basic economic concepts, including scarcity, factors of production, economic efficiency, and different types of economies. Key topics like opportunity cost and the circular flow of income are also discussed. The instructor emphasizes the importance of practicing MCQs and constructing answers effectively. Students are encouraged to review the provided compiler and participate actively in the course. Timestamps: 0:00 : Introduction 01:39: Solve the questions MCQs 02:08 : CB2 Syllabus 03:12 : Exam Structure The exam has MCQs, short answers, and long questions. No negative marking. 04:22: 10 small questions and answers 05:56: Five Different Chapters 06:32: Three Parts of Paper 06:35: Part One Market and Market Structure 07:40: Part Two Market Failure and Macroeconomic Environment 08:41: Part Three Macroeconomic theories 13:19: Chapter 1 Introduction Basic Economic concepts 15:52: Problem of Scarcity 18:21: Economic Efficiency 23:21: Factors of Production Three main factors: labor, capital, and land. 28:50: Microeconomic Choices 33:33: Economic Systems Types of economies: command, free, and mixed economies. 36:40: Circular Flow of Income 43:25: Opportunity Cost: Explanation with examples of opportunity cost in decision-making. #ActuarialScience #ActuarialScienceInstitute #ActuarialScienceCoachingClasses #ActuarialScienceOnlineCoaching #ACETCoaching #BestActuarialScienceInstituteinIndia #OnlineActuarialClasses #ActuarialScienceDTHClasses #ActuarialScienceVideoLectures #ActuarialScienceasCareer #ActuarialSciencePapers #ActuarialCoachinginKolkata #ActuarialCoachingnearme #ActuarialEntranceExamCoaching #BestCoachingForActuarialScience #ActuarialVideoClasses #ActuarialScienceCoachongInstitute #ActuarialScienceSubjects #ActuarialScienceCourse #OnlineCoachingForActuarialScience #EconomicsStudy #ExamPreparation #Microeconomics #Macroeconomics #StudyTips #EconomicsForBusiness #OpportunityCost #MarketStructures #CircularFlow