Chapter 1: Introduction
Shaalaa has a total of 4 questions are solved for this Chapter in Class 12 Economics. Chapters covered in Introduction are Context of the Present Book of Macroeconomics, Emergence of Macroeconomics
Chapter 2: National Income Accounting
Shaalaa has a total of 12 questions are solved for this Chapter in Class 12 Economics. Chapters covered in National Income Accounting are Aggregates Related to National Income - Domestic Income (NDP), Aggregates Related to National Income - Gross National Product (GNP), Aggregates Related to National Income - Gross Value Added and Net Value Added, Aggregates Related to National Income - Net National Product (NNP), Aggregates Related to National Income - Personal Disposable Income, Aggregates Related to National Income - Personal Income, Aggregates related to National Income - Private Income, Basic Concepts - Capital Goods, Basic Concepts - Consumption Goods, Basic Concepts - Final Goods, Basic Concepts - Gross Investment, Basic Concepts - Intermediate Goods, Basic Concepts - Net Investment, Basic Concepts - Stocks and Flows, Circular Flow of Income (Two Sector Model), Concept of National Income, GDP and Welfare, Gross and Net Domestic Product (GDP and NDP), Macroeconomic Identities, Meaning of Depreciation, Meaning of Investment, Methods of Calculating National Income - Expenditure Method, Methods of Calculating National Income - Factor Cost, Basic Prices and Market Prices, Methods of Calculating National Income - Income Method, Methods of Calculating National Income - Value Added Or Product Method, National Disposable Income (Gross and Net), Real and Nominal GDP
Chapter 3: Money And Banking
Shaalaa has a total of 11 questions are solved for this Chapter in Class 12 Economics. Chapters covered in Money And Banking are Balance Sheet of a Fictional Bank, Cash Reserve Ratio (CRR), Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Central bank Function - Goverment Bank, Commercial Banks, Concept of Barter Exchange, Control of Credit Through Bank Rate, Currency Held by the Public and Net Demand Deposits Held by Commercial Banks, Definition - Central Bank, Demand for Money, Difficulties Involved in the Barter Exchange, Function of Central bank - Bank of Issue, Function of Money - Primary Function, Function of Money - Secondary Functions, Limits to Credit Creation and Money Multiplier, Margin Requirement, Meaning of Money, Meaning of Supply of Money, Monetary Payments, Money Creation Or Credit Creation by the Commercial Banking System, Money - Store of Value, Money - Transfer of Value, Open Market Operations, Policy Tools to Control Money Supply, Repo Rate and Reverse Repo Rate, Standard of Deferred Payment, Statutory Liquidity Ratio (SLR)
Chapter 4: Determination of Income And Employment
Shaalaa has a total of 6 questions are solved for this Chapter in Class 12 Economics. Chapters covered in Determination of Income And Employment are Changes in Government Spending Taxes and Money Supply, Concept of Aggregate Demand and Aggregate Supply, Consumption, Consumption Function and Propensity to Save, Determination of Income in Two-sector Model, Effect of an Autonomous Change in Aggregate Demand on Income and Output, Equilibrium Output, Investment, Investment Multiplier and Its Mechanism, Macroeconomic Equilibrium with Price Level Fixed, Meaning of Full Employment, Measures to Correct the Excess Demand and Deficient Demand, Problems of Excess Demand and Deficient Demand, The Multiplier Mechanism, Unemployment, Voluntary Unemployment and Involuntary Unemployment
Chapter 5: Government Budget And The Economy
Shaalaa has a total of 15 questions are solved for this Chapter in Class 12 Economics. Chapters covered in Government Budget And The Economy are Classification of Expenditure, Classification of Receipts, Components of Budget, Deficit Budget - Primary Deficit, Direct and Indirect Tax, Government Budget - Allocation of Resources, Meaning of Disinvestment, Meaning of Government Budget, Measures of Government Deficit Or Surpluses, Objectives of Government Budget, Types of Budget, Types of Budget - Budget Deficit
Chapter 6: Open Economy Macroeconomics
Shaalaa has a total of 19 questions are solved for this Chapter in Class 12 Economics. Chapters covered in Open Economy Macroeconomics are Balance of Payments Deficit Meaning, Balance of Payments Surplus and Deficit, Balance of Trade, Capital Account, Concept of Balance of Payments Account, Concept of Foreign Exchange Rate, Current Account, Determination of Exchange Rate in a Free Market, Determination of the Exchange Rate, Devaluation of a Currency, Foreign Exchange Rate, Managed Floating, Measure to Control Disequilibrium, Merits and Demerits of Flexible and Fixed Exchange Rate Systems, Revaluation of a Currency, Systems of Exchange Rates
NCERT Solutions for Class 12 Economics
Class 12 NCERT solutions answers all the questions given in the NCERT textbooks in a step-by-step process.
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