Description

Intermediate First Year Economics is an official textbook prescribed by the Board of Intermediate Education, Andhra Pradesh and published by Telugu Akademi, Andhra Pradesh. It is designed for first year intermediate students in the commerce and humanities streams. The book explains the basic concepts of economics in a simple style. It covers demand and supply, price determination, production, and consumption. Students also learn about national income, money, banking, markets, and economic development. Each chapter provides clear definitions, illustrations, and exercises to improve understanding. Examples and activities help students connect theory with real-life situations.