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To Enroll In The Batch ๐ Sambhav Batch (Hinglish): https://bit.ly/4eeRNBJ ๐ Sambhav Batch (Hindi): https://bit.ly/3XbCEtX To Get More Information about Online/Offline Courses fill this form: https://counselling.pwonlyias.com/qp.html?utm_source=Youtube&utm_medium=Offline&utm_campaign=Organic For Inquiries ๐ 08071174446 --------------------------------------------------------- Dive into Microeconomics with our detailed guide on basic terminology! Perfect for UPSC preparation, this video covers Chapter 1 of the Indian Economy series, breaking down essential concepts and terminology. Strengthen your understanding and boost your exam readiness with clear, concise explanations. Don't miss outโwatch now! ---------------------------------------------------------- Sankalp 3.0 2026 (Hinglish): https://physicswallah.onelink.me/ZAZB/inakd2u0 Sankalp 3.0 2026 (Hindi): https://physicswallah.onelink.me/ZAZB/opsebra4 UPSC Sankalp 2.0 2026 (Hinglish): https://physicswallah.onelink.me/ZAZB/bv1o9amu UPSC Sankalp 2.0 2026 (Hindi): https://physicswallah.onelink.me/ZAZB/dnhd9j6t UPSC Titan (English) 2026: https://physicswallah.onelink.me/ZAZB/pp914vbk UPSC Titan 5.0 (English) 2025: https://physicswallah.onelink.me/ZAZB/8kco8i79 UPSC Prarambh 2027: https://physicswallah.onelink.me/ZAZB/v4vrz76m UPSC Prarambh 2027 + BA Degree Program: https://physicswallah.onelink.me/ZAZB/1uqgikmw UPSC NCERT Foundation Batch - Hinglish: https://physicswallah.onelink.me/ZAZB/1baykmjb UPSC NCERT Foundation Batch - Hindi: https://physicswallah.onelink.me/ZAZB/q5vp85ve UPSC Prahar 3.0 (Hinglish) 2025: https://physicswallah.onelink.me/ZAZB/3dd363j3 UPSC Prahar 3.0 (Hindi) 2025: https://physicswallah.onelink.me/ZAZB/68t6wm8s UPSC Optional Batches ๐ UPSC Optional 2025 - History (Hinglish) - https://physicswallah.onelink.me/ZAZB/9vx9o9fp UPSC Optional 2025 - PSIR (Hinglish) - https://physicswallah.onelink.me/ZAZB/3wbbtv7v UPSC Optional 2025 - Anthropology (Hinglish) - https://physicswallah.onelink.me/ZAZB/gl1o07cs UPSC Optional 2025 - Geography (Hinglish) - https://physicswallah.onelink.me/ZAZB/deegsr9r UPSC Optional 2025 - Sociology (Hinglish) - https://physicswallah.onelink.me/ZAZB/rrddee6s UPSC Optional 2025 - Mathematics (Hinglish) - https://physicswallah.onelink.me/ZAZB/39xcsix1 UPSC Optional 2025 - Pub. Ad. (Hinglish) - https://physicswallah.onelink.me/ZAZB/lje1o773 UPSC Optional 2025 - History (Hindi) - https://physicswallah.onelink.me/ZAZB/ecti5os7 ๐ฒ PW App/Website: https://physicswallah.onelink.me/ZAZB/PWAppWEb ๐ PW Store: https://physicswallah.onelink.me/ZAZB/gqr2mhhm ๐ฑ Telegram: https://t.me/pw_upsc ------------------------------------------------------- ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ ๐๐ ๐๐๐ ๐ Physics Wallah - Alakh Pandey: https://www.youtube.com/@PhysicsWallah ๐ OnlyIAS UPSC: https://www.youtube.com/@PWOnlyIASUPSC ๐ OnlyIAS เคนเคฟเคจเฅเคฆเฅ เคฎเคพเคงเฅเคฏเคฎ: https://www.youtube.com/@pwonlyiashindimedium ๐ OnlyIAS Foundation: https://www.youtube.com/@OnlyIAS-Foundation ๐ MPSC Wallah: https://www.youtube.com/@mpscwallahpw ๐ BPSC Wallah: https://www.youtube.com/@BPSCWallahPW ๐ UPPSC Wallah: https://www.youtube.com/@pwonlyiasup ๐ MP Exams Wallah:https://www.youtube.com/@mpexamswallah ------------------------------------------------------- ๐ PHYSICS WALLAH SOCIAL MEDIA - ๐ Telegram: https://t.me/Physics_Wallah_Official_Channel ๐ Instagram: https://www.instagram.com/physicswallah ๐ Facebook: https://www.facebook.com/physicswallah ๐ Twitter: https://www.twitter.com/physics__wallah ๐ LinkedIn: https://www.linkedin.com/company/physicswallah ๐ Quora: https://pwofficial.quora.com ------------------------------------------------------- โณ Timestamps: "00:00 - Introduction 01:54 - Expectations 06:08 - Economy importance 07:17 - Marks distribution 08:12 - Prelims syllabus 08:40 - Types of Questions 11:30 - Mains Syllabus 17:21 - Economics 20:05 - Economy Vs Economics 25:20 - Micro Vs Macro 30:18 - Scarcity and Choice 31:12 - Need Vs Want 33:12 - Opportunity cost 36:03 - Law of demand 44:25 - Basics of microeconomics 1:08:44 - Types of goods 1:42:31 - Excludable and Rival 1:53:06 - Public Vs Private goods 1:57:12 - Free Rider problem 2:01:42 - Monopoly and Oligopoly 2:10:25 - Perfect and Monopolistic competition 2:18:52 - Theory of Firm 2:20:43 - Market equilibrium and competition 2:27:12 - Basic terms and concepts 3:03:07 - Assets and liabilities 3:14:31 - Law of diminishing returns 3:25:22 - Fundamental question of economy 3:26:43 - Types of economy 3:59:30 - Welfare state 4:02:13 - Classical economics 4:05:24 - Keynesian economics 4:09:58 - Behavioural economics and Nudge theory 4:22:19 - Factor of production 4:26:40 - PYQs 4:34:36 - Thank You Bacchon" ------------------------------------------------------- ๐ For any Queries or Complaints visit: https://bit.ly/PW_Queries OR give a Missed Call on 07019-243-492 #IndianEconomy #Chapter1 #OnlyIASUPSC #PhysicsWallah #UPSC #IASPreparation #UPSCPreparation #Microeconomics #MicroeconomicsAndBasicTerminology
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