ContentsEconomics Concepts in NMAT: NMAT Social Science ReviewNature and Scope of EconomicsBasic Economic Concepts: Scarcity, Choice, and Opportunity CostMicroeconomics: Demand and SupplyMarket EquilibriumElasticity of Demand and SupplyConsumer Behavior and UtilityProduction and CostsMarket StructuresMacroeconomics: National IncomeInflation and UnemploymentFiscal and Monetary PolicyEconomic Development and GrowthEconomics and Social IssuesTips for Studying Economics for NMATConclusionFAQs (Frequently Asked Questions)What economics … Continue reading Economics Concepts in NMAT: NMAT Social Science Review