NCERT Solutions for Class 12 Economics

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NCERT Solutions for Class 12 Economics

Basic Concepts of Macroeconomics

Download NCERT Solutions for CBSE Class 12 Economics Basic Concepts of Macroeconomics Some basic concepts: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation. Circular flow of income; Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method.

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Money

Download NCERT Solutions for CBSE Class 12 Economics Money Money - its meaning and functions. Supply of money - Currency held by the public and net demand deposits held by commercial banks. Money creation by the commercial banking system. Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt. Bank, Banker's Bank, Controller of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.

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AD, AS and Related Concepts

Download NCERT Solutions for CBSE Class 12 Economics AD, AS and Related Concepts Ex Ante and Ex Post: Movement Along a Curve Versus Shift of a Curve, The Short Run Fixed Price Analysis of the Product Market- A Point on the Aggregate Demand Curve, Effects of an Autonomous Change on Equilibrium Demand in the Product Market, The Multiplier Mechanism

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Government Budget and the Economy

Download NCERT Solutions for CBSE Class 12 Economics Government Budget and the Economy Government budget - meaning, objectives and components. Classification of receipts - revenue receipts and capital receipts; classification of expenditure –revenue expenditure and capital expenditure. Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.

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Balance of Payments

Download NCERT Solutions for CBSE Class 12 Economics Balance of Payments Balance of Payments

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