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Tribhuvan University

BSc CSITBachelor of Science in Computer Science and Information TechnologyBCABachelor of Computer ApplicationBITBachelor of Information TechnologyBIMBachelor of Information ManagementBBABachelor of Business AdministrationBBSBachelor of Business StudiesBBMBachelor of Business ManagementBITMBachelor of Information Technology Management

Pokhara University

BE Computer (PU)Bachelor of Engineering in Computer EngineeringBBA (PU)Bachelor of Business Administration (Pokhara University)

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Class 10Class 10 (SEE)+2 Science+2 Science (Class 11 and 12)+2 Management+2 Management (Class 11 and 12)+2 Humanities+2 Humanities (Class 11 and 12)
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ECO311 Economics

Economics notes

7 chapter notes, in syllabus order. Each starts with the key points.

Unit 1

Economics Basics: Scarcity, Choice, Systems & Economic MethodsUnit 1 of Economics introduces core concepts like scarcity, opportunity cost, economic systems, and methods of economic analysis, with real-world applications in Nepal’s tourism and hospitality sector.5 min read

Unit 2

Demand-Supply Equilibrium, Market Forces & PolicyUnit 2 of Economics explores how demand and supply interact to determine prices and quantities in markets, analyzing shifts, equilibrium, and government interventions with real-world examples from Nepal’s tourism, banking, and retail sectors.14 min read

Unit 3

Elasticity of Demand: Types, Factors & ApplicationsUnit 3 of Economics explores elasticity of demand—how quantity demanded responds to price changes, income shifts, and other factors—with real-world examples from Nepal’s tourism, hospitality, and digital economy, plus exam-focused calculations and comparisons.6 min read

Unit 4

Consumer Behaviour · note coming

Unit 5

Production, Costs & Decision-Making: Short-Run vs. Long-RunUnit 5 of Economics explores how businesses produce goods/services, the cost structures they face (fixed, variable, total, average, marginal), and how these costs interact with production decisions in both the short run and long run—with real-world applications in Nepal’s hospitality sector.12 min read

Unit 6

Market Structures: Types, Features & Real-World ApplicationsUnit 6 of Economics explores the four key market structures—perfect competition, monopolistic competition, oligopoly, and monopoly—explaining their defining features, pricing strategies, efficiency outcomes, and real-world examples in Nepal’s tourism and hospitality sector.9 min read

Unit 7

National Income · note coming

Unit 8

Money, Banking & Financial Systems: Roles, Functions & Nepal’s ContextUnit 8 of Economics explores the nature of money (barter vs. money, types of money), the structure and functions of commercial and central banks (Nepal Rastra Bank), the money creation process, and key financial instruments (demand deposits, loans, bonds). It also covers banking regulations, digital payments (eSewa, Kh12 min read

Unit 9

Inflation, Causes, Types & Economic Policy ToolsUnit 9 of Economics explores inflation—its definitions, causes (demand-pull, cost-push), types (creeping, galloping, hyperinflation), and how governments use fiscal/monetary policies to control it, with real-world examples from Nepal’s economy and global brands like WhatsApp and Ncell.15 min read

Unit 10

Tourism and Hospitality in the Nepalese Economy · note coming