Today is the first book of its kind for the students of standard eleven. This textbook fully covers all faculties’ new course on Economics 2073 for the students of the level. It deals with several basic concepts of economics, development economics the Nepalese economy and quantitative techniques with special reference to competitive economy. It incorporates a part of Foundation Course of Chartered Accountancy (CA), and, thus, keeps a high relevance to them. It is equally useful to the readers of all walks of life who have interest in economics. Hence, it offers an avenue of opportunity to the students to make a firm base for strengthening their further studies in economics. Moreover, it assists students to solve day-to-day economic problems, and accelerates the learning of other social sciences. This book is distinct from other books in many respects. First, it is written in lucid and precise language by maintaining cohesion and coherence in a lexical manner. Second, the book presents adequate contextual examples in all the units. Lastly, it serves graphs, charts, questions and summary lines as and when needed. Besides, the book possesses the following pedagogical features to boost up the learning of the students. Learning Objectives, in the beginning of each part and unit, helps the students to know what they are reading and what they should learn. These specific (measurable and activity oriented) objectives teach students to answer the questions that are given in the chapter for their evaluation. CSL (Compressed Summary Lines) summarizes each significant paragraph for its easy and quick comprehension. The summary lines also support the students to decrease the load of study during their examination as the students can prepare from them alone to a greater extent. Clarity in concept assists students to comprehend the most difficult idea of a lesson in a detailed manner. It is, in this textbook, placed as and when required. Evaluate Yourself provides class work and homework for the students to sharpen their knowledge of the lesson. They also offer an ample opportunity to the students to know the types of the questions that are asked from each of the lesson. Numerical Examples help the students to solve practical problems of the topic and expand the horizon of their creativity and efficiency. Economic keyword supports students to understand the difficult economic word in a simplified manner which have been mentioned at the bottom of the same page. Latest data have been used as per required to update students with the current changes. Summary, at the completion of discussion of the content, summarizes the content of the unit. Very short answer-questions, after summary of the unit, offer model approach to answer the very short questions. They also ease the students to answer the questions properly. Exercises, based on the grid, very short, short and long questions have been incorporated respectively. Model Answer-questions, incorporated at the last of the textbook, exhibits the ways of answering questions in examination in an appropriate way. We are grateful to the scholars and writers who helped to carve the locus of writing this book directly or indirectly. We would like to thank Mr. Krishna Prashad Timalsina, the founder of Kriti Books Publication and Distributor Pvt. Ltd., and Bijaya Ghimire, chief executive director of marketing, for taking over the responsibility of publishing this book. We owe much to Prof. Dr. Sagar Raj Sharma, Prof. Dr. Bishambhar Pyakurel, Dr. Megh Raj Dangal, Prof. Dr. Bishwo Kesher Maskey, Dr. Chiranjibi Nepal, Prof. Dr. Dhurba Raj Shiwakoti and Prof. Dr. Binaya Kumar Kusiyat for helping us to prepare this book. We would further like to give special thanks to Mr. Upendra Raj Timilsina, a lecturer, for his continuous encouragement while preparing this book. We are also indebted to Hemanta Shrestha and Bibek Kumar Karki for designing the overall outlook of the book. Despite enormous efforts, we believe that there is scope to erase away the errors and lackings of the book. Therefore, we welcome the healthy and constructive comments and ensure to incorporate them in the next editions for the further improvement of the book. PREFACE Authors, 2018