Excess Demand and Deficient Demand - CBSE Notes for Class 12 Macro Economics CBSE NotesCBSE Notes Macro EconomicsNCERT Solutions Macro Economics Introduction An illustration of meaning, diagram, reasons, impacts and measures to control excess demand (inflationary gap) and deficient demand (deflationary gap); basic definitions of full employment, over full employment, … [Read more...]

Money - CBSE Notes for Class 12 Macro Economics CBSE NotesCBSE Notes Macro EconomicsNCERT Solutions Macro Economics Introduction: This chapter is a detailed version of barter system and its difficulties, how money has overcome its drawbacks, money supply and its measures.Barter System And Its Difficulties, Money And Functions Of Money:1. Barter system of exchange is … [Read more...]

Balance of Payment - CBSE Notes for Class 12 Macro Economics IntroductionThis chapter gives a detailed account of balance of payment of an economy, it structure and categorisation into current and capital account. Thereafter explaining balance of trade and its differences with the balance of payment, autonomous items, accommodating items and their differences, … [Read more...]

National Income Determination and Multiplier - CBSE Notes for Class 12 Macro Economics IntroductionThis chapter is a numerical determination of national income under Aggregate demand— Aggregate supply and Saving—Investment approach. Concept of Multiplier, based numerical on it and its working is also highlighted.National Income Determination Under Aggregate Demand And … [Read more...]

National Income and Related Aggregates - CBSE Notes for Class 12 Macro Economics Introduction:This is a numerical based chapter to calculate national income by different methods (Income, expenditure and value added method, their steps and precautions). Numerically to determine private income, personal income, personal disposable income, National disposable income (net and … [Read more...]