22
                                                                                                                              22.1
                                                                       Conomi
                                                                            h a pontepts      e and
                                                                                                  r     erminolo ies
                                                                                            Economic
                                                                                     concEpts and
                                                                                    tErminologiEs
                                                                                   (rEfErEncE to sElEctEd tErms
                                                                                       rElatEd to Economics and
                                                                                                indian Economy)
                           Concepts are the constituents of thoughts—consequently, they are crucial to
                       such psychological processes as categorization, inference, memory, learning, and
                           decision-making.*
     * See Eric Margolis and Stephen Laurence, ‘Concepts’, in the Edward N. Zalta The Stanford Encyclopedia of Philosophy, Metaphysics
      esear h a , Centre or the t       o ang age an In or a on C I , tan or , A, 20 2.