Explore our comprehensive notes and tutorials on NCERT Class XII Economics – Introductory Macroeconomics. Dive into crucial topics such as National Income Accounting, Money and Banking, Government Budget, and Open Economy Macroeconomics, tailored for Class 12 students. Our resources are designed to simplify complex economic concepts and enhance exam preparation. Perfect for CBSE students aiming for top marks in Economics.
| Chapter No. | Chapter Title | Section Title |
|---|---|---|
| Foreword | ||
| 1 | Introduction | 1.1 Emergence of Macroeconomics |
| 1.2 Context of the Present Book of Macroeconomics | ||
| 2 | National Income Accounting | 2.1 Some Basic Concepts of Macroeconomics |
| 2.2 Circular Flow of Income and Methods of Calculating National Income | ||
| 2.2.1 The Product or Value Added Method | ||
| 2.2.2 Expenditure Method | ||
| 2.2.3 Income Method | ||
| 2.2.4 Factor Cost, Basic Prices and Market Prices | ||
| 2.3 Some Macroeconomic Identities | ||
| 2.4 Nominal and Real GDP | ||
| 2.5 GDP and Welfare | ||
| 3 | Money and Banking | 3.1 Functions of Money |
| 3.2 Demand for Money and Supply of Money | ||
| 3.3 Money Creation by Banking System | ||
| 3.4 Policy Tools to Control Money Supply | ||
| 4 | Determination of Income and Employment | 4.1 Aggregate Demand and its Components |
| 4.2 Determination of Income in Two-sector Model | ||
| 4.3 Determination of Equilibrium Income in the Short Run | ||
| 4.4 Some More Concepts | ||
| 5 | Government Budget and the Economy | 5.1 Government Budget – Meaning and its Components |
| 5.2 Balanced, Surplus and Deficit Budget | ||
| 6 | Open Economy Macroeconomics | 6.1 The Balance of Payments |
| 6.2 The Foreign Exchange Market | ||
| Glossary |