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GyanMul Prep · NEB +2 · Management · Grade 12

Economics (Management, Grade 12)

Everything on these tabs is Economics (Management, Grade 12) only, within NEB +2 Management · Grade 12.

Management · Grade 12 subjects

GyanMul Prep · NEB +2 · Management · Grade 12

Economics (Management, Grade 12)

Everything on these tabs is Economics (Management, Grade 12) only, within NEB +2 Management · Grade 12.

Management · Grade 12 subjects

Chapter 5 of 15 · Economics (Management, Grade 12)

Theory of Factor Pricing

5 topics
Board exam — marks not published

The prices of the factors of production: rent and Ricardian theory, money and real wages, interest and its classical theory, and profit as the reward for risk and uncertainty.

Topics

What the syllabus defines for this chapter

1Concept of factor pricing
2Rent: economic rent and the Ricardian theory of rent
3Wages: money and real wages; subsistence and wage-fund theories
4Interest: gross and net interest; classical theory of interest
5Profit: gross and net profit; risk-bearing and uncertainty-bearing theories