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Chapters
1: Micro and Macro Economics - An Introduction
2: Demand and Law of Demand
3: Elasticity of Demand
4: Theory of Consumer's Behaviour : Cardinal Utility Analysis
5: Theory of Consumer's Behaviour : Indifference Curve Analysis
6: Supply and Law of Supply
7: Revenue Analysis
8: Cost Theory Analysis
9: Forms of Market
10: Concept of Production and Law of Returns
11: Equilibrium of Firm and Industry Under Perfect Competition
12: Producer's Equilibrium Under Perfect Competition
13: Price Output Under Perfect Competition
14: Price Output Determination Under Monopoly
15: Price Output Determination Under Monopolistic Competition and Oligopoly
Unit 2 : Theory of Income and Employment
▶ 16: Basic Concepts of Macro Economics
17: Aggregate Demand and Supply - Determinants of Equilibrium
18: Consumption Function {Propensity to Consume)
19: Concept of Investments-Types and Determinants
20: Multiplier - I : Static and Dynamic
21: Full Employment and Voluntary Unemployment
22: Problems of Deficient Demand and Excesss Demand
23: Measures to Correct Deficient and Excess Demand
Unit 3 : Money and Banking
24: Money - An Introduction
25: Bank and Commercial Bank
26: Central Bank
Unit 4 : International Trade
27: Balance of Payments
28: Foreign Exchange Rate
Unit 5 : Public Finance
29: Fiscal Policy
30: Budget
Unit 6 ; National Income
31: National Income and Circular Flow of Income
32: Concepts of National Income
33: Measurement of National Income
34: National Income and Economic Welfare
![R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 16 - Basic Concepts of Macro Economics - Shaalaa.com](/images/economics-english-class-12-isc_6:0ec86a6424ae41d2b0d71f72fec46101.jpg "R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 16 - Basic Concepts of Macro Economics")
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Solutions for Chapter 16: Basic Concepts of Macro Economics
Below listed, you can find solutions for Chapter 16 of CISCE R. K. Lekhi and P. K. Dhar for Economics [English] Class 12 ISC.
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC 16 Basic Concepts of Macro Economics TEST QUESTIONS [Pages 16.7 - 16.8]
SHORT ANSWER QUESTIONS.
Explain the term variables.
Give the types of variables.
What do you mean by stock?
Explain the term flow.
Give any examples of stock.
Give any examples of flow.
Define or explain the following concept:
Partial equilibrium
Explain general equilibrium in one sentence.
State the meaning of static economics analysis.
Give the definition of static economics.
Account for any two merits of static economics.
Give any two limitations of static economics.
What is meant by dynamic economics?
Define the concept of dynamic economics.
State any two advantages of dynamic economics.
Describe any two shortcomings of dynamic economics.
LONG ANSWER QUESTIONS.
Explain various macroeconomic variables.
Explain the term variables.
What do you mean by the following term?
Stock variables
Explain flow variables.
Define or explain the following concept:
Stock
Explain flow variables.
Give the uses of stock in macroeconomic analysis.
Give the uses of flow variables in macroeconomic analysis.
Write a short note on the following:
Partial equilibrium
Write a short note on the following:
General equilibrium
What is meant by static analysis?
Give the advantages of static analysis.
Give any two limitations of static economics.
Explain the term dynamic analysis.
Point out the uses of dynamic analysis.
Point out the shortcomings of dynamic analysis.
Give the advantages of dynamic analysis.
Give the disadvantages of dynamic analysis.
Distinguish between static and dynamic analysis.
Solutions for 16: Basic Concepts of Macro Economics
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 16 - Basic Concepts of Macro Economics
Shaalaa.com has the CISCE Mathematics Economics [English] Class 12 ISC CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. R. K. Lekhi and P. K. Dhar solutions for Mathematics Economics [English] Class 12 ISC CISCE 16 (Basic Concepts of Macro Economics) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. R. K. Lekhi and P. K. Dhar textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Economics [English] Class 12 ISC chapter 16 Basic Concepts of Macro Economics are Variables, Partial and General Equilibrium, Static Analysis, Dynamic Analysis, Difference between Static and Dynamic Analysis.
Using R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC solutions Basic Concepts of Macro Economics exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in R. K. Lekhi and P. K. Dhar Solutions are essential questions that can be asked in the final exam. Maximum CISCE Economics [English] Class 12 ISC students prefer R. K. Lekhi and P. K. Dhar Textbook Solutions to score more in exams.
Get the free view of Chapter 16, Basic Concepts of Macro Economics Economics [English] Class 12 ISC additional questions for Mathematics Economics [English] Class 12 ISC CISCE, and you can use Shaalaa.com to keep it handy for your exam preparation.
