Chapters covered in R. K. Lekhi and P. K. Dhar Solutions for Economics [English] Class 12 ISC
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 1: Micro and Macro Economics - An Introduction
Concepts covered in Micro and Macro Economics - An Introduction are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 1: Micro and Macro Economics - An Introduction exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 2: Demand and Law of Demand
Concepts covered in Demand and Law of Demand are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 2: Demand and Law of Demand exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 3: Elasticity of Demand
Concepts covered in Elasticity of Demand are Arc Elasticity of Demand, Classification of Price Elasticity - Degrees of Price Elasticity of Demand, Cross Elasticity of Demand, Factors Affecting Price Elasticity of Demand, Importance of Cross Elasticity of Demand, Importance of Elasticity of Demand, Importance of Income Elasticity, Income Elasticity of Demand, Introduction to Elasticity of Demand, Limitations of Cross Elasticity of Demand, Meaning and Types of Elasticity of Demand, Methods of Measuring Price Elasticity of Demand, Numerical Problems of Price Elasticity of Demand, Percentage or Proportionate Method, Point Method (Geometric Method), Price Elasticity of Demand, Revenue Method, Total Expenditure Method, Types of Income Elasticity of Demand, Туpes of Cross Elasticity of Demand.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 3: Elasticity of Demand exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 4: Theory of Consumer's Behaviour : Cardinal Utility Analysis
Concepts covered in Theory of Consumer's Behaviour : Cardinal Utility Analysis are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 4: Theory of Consumer's Behaviour : Cardinal Utility Analysis exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 5: Theory of Consumer's Behaviour : Indifference Curve Analysis
Concepts covered in Theory of Consumer's Behaviour : Indifference Curve Analysis are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 5: Theory of Consumer's Behaviour : Indifference Curve Analysis exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 6: Supply and Law of Supply
Concepts covered in Supply and Law of Supply are Categories (Degrees) of Elasticity of Supply, Concept of Supply, Contraction of Supply and Decrease in Supply, Derivation of Market Supply Curve From Individual Supply Curves, Determinants of Elasticity of Supply, Determinants of Supply, Distinction Between Supply and Stock, Elasticity of Supply, Exceptions to the Law of Supply, Expansion of Supply and Increase in Supply, Explanation of the Law of Supply, Importance of Elasticity of Supply, Individual and Market Supply, Law of Supply, Meaning and Types of Elasticity of Demand, Measurement of Elasticity of Supply > Geometric or Point Method, Measurement of Elasticity of Supply > Percentage Method, Movement Along the Supply Curve Or Expansion and Contraction of Supply, Price Elasticity of Supply, Shift of the Supply Curve or Change in Supply, Supply Curve, Supply Function, Supply Schedule, Time Period and Supply.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 6: Supply and Law of Supply exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 7: Revenue Analysis
Concepts covered in Revenue Analysis are Average Cost Curves, Behaviour of Revenue Under Different Market Structures, Different Cost Concepts, Economic Cost, Fixed Cost and Variable Cost, Introduction to Cost of Production, LAC Curve U-shaped - Economies and Diseconomies of Scale, Long-run Average Cost (LAC) Curve, Long-Run Cost Curves, Long-run Marginal Cost (LMC) Curve, Marginal Cost (MC), Money Cost Or Accounting Cost / Explicit Cost, Numerical Problems Long-run Cost Curves, Numerical Problems of Revenue, Opportunity Cost, Private and Social Cost, Real Cost, Relationship between Average and Marginal Cost, Relationship Between Total, Average and Marginal Revenues Under Perfect Competition, Relationship Between Total, Average and Marginal Revenue Under Imperfect Competition, Revenue Concepts, Significance of Revenue Curve, Total Cost Curves.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 7: Revenue Analysis exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 8: Cost Theory Analysis
Concepts covered in Cost Theory Analysis are Average Cost Curves, Behaviour of Revenue Under Different Market Structures, Different Cost Concepts, Economic Cost, Fixed Cost and Variable Cost, Introduction to Cost of Production, LAC Curve U-shaped - Economies and Diseconomies of Scale, Long-run Average Cost (LAC) Curve, Long-Run Cost Curves, Long-run Marginal Cost (LMC) Curve, Marginal Cost (MC), Money Cost Or Accounting Cost / Explicit Cost, Numerical Problems Long-run Cost Curves, Numerical Problems of Revenue, Opportunity Cost, Private and Social Cost, Real Cost, Relationship between Average and Marginal Cost, Relationship Between Total, Average and Marginal Revenues Under Perfect Competition, Relationship Between Total, Average and Marginal Revenue Under Imperfect Competition, Revenue Concepts, Significance of Revenue Curve, Total Cost Curves.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 8: Cost Theory Analysis exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 9: Forms of Market
Concepts covered in Forms of Market are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 9: Forms of Market exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 10: Concept of Production and Law of Returns
Concepts covered in Concept of Production and Law of Returns are Applicability of the Law of Variable Proportions, Assumptions of the Law of Variable Proportions, Changes in Production, Concept of Indivisibility, Concept of Production, Conditions Or Causes of Applicability, Diseconomies of Scale, Economies of Scale, Explanation of the Law of Variable Proportions, Factors of Production, Features of Production Function, Illustration of the Law of Variable Proportions, Law of Variable Proportions, Law of Variable Proportions and Returns to Scale Compared, Product, Production Function, Relationship between Average Product (AP) and Marginal Product (MP), Relationship between Total Product (TP) and Marginal Product (MP), Returns to a Factor - Laws of Returns to a Variable Factor, Returns to a Factor or Law of Returns, Scale of Production, Short-run and Long-run, Some Basic Concepts - Total, Average and Marginal Physical Products, Stages of Operation and the Decision to Produce, Statement of the Law of Variable Proportions, Three Stages of Production, Types of Production Functions, Variation of Output in the Long Run - Returns to Scale.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 10: Concept of Production and Law of Returns exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 11: Equilibrium of Firm and Industry Under Perfect Competition
Concepts covered in Equilibrium of Firm and Industry Under Perfect Competition are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 11: Equilibrium of Firm and Industry Under Perfect Competition exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 12: Producer's Equilibrium Under Perfect Competition
Concepts covered in Producer's Equilibrium Under Perfect Competition are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 12: Producer's Equilibrium Under Perfect Competition exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 13: Price Output Under Perfect Competition
Concepts covered in Price Output Under Perfect Competition are Applications of Tools of Demand and Supply Price Control, Assumptions and Conditions of Perfect Competition, Basic Concepts of Equilibrium and Equilibrium Price, Changes in Equilibrium, Comparison between Market Price and Normal Price, Determination of Equilibrium Prices, Effects of Changes (Shifts) in Demand on Equilibrium Price and Equilibrium Quantity, Effects of Changes (Shifts) in Supply on Equilibrium Price and Equilibrium Quantity, Effects of Simultaneous Changes (Shifts) in Demand and Supply, Equilibrium Price and Quantity in a Competitive Market, Importance of the Element in the Determination of Price, Important Areas of Applications of Tools of Demand and Supply Curves, Introduction to Market Mechanism, Meaning of Perfect Competition, Minimum Price Legislation or Floor Price, Mаximum Price Legislation or Price Ceiling and Rationing, Normal Price and Law of Returns, Practical Applications of Tools of Demand and Supply Analysis, Pure and Perfect Competition, Some Special Cases of Equilibrium, Time Element in the Theory of Price Determination.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 13: Price Output Under Perfect Competition exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 14: Price Output Determination Under Monopoly
Concepts covered in Price Output Determination Under Monopoly are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 14: Price Output Determination Under Monopoly exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 15: Price Output Determination Under Monopolistic Competition and Oligopoly
Concepts covered in Price Output Determination Under Monopolistic Competition and Oligopoly are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 15: Price Output Determination Under Monopolistic Competition and Oligopoly exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 16: Basic Concepts of Macro Economics
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 16: Basic Concepts of Macro Economics exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 17: Aggregate Demand and Supply - Determinants of Equilibrium
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 17: Aggregate Demand and Supply - Determinants of Equilibrium exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 18: Consumption Function {Propensity to Consume)
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 18: Consumption Function {Propensity to Consume) exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 19: Concept of Investments-Types and Determinants
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 19: Concept of Investments-Types and Determinants exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 20: Multiplier - I : Static and Dynamic
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 20: Multiplier - I : Static and Dynamic exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 21: Full Employment and Voluntary Unemployment
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 21: Full Employment and Voluntary Unemployment exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 22: Problems of Deficient Demand and Excesss Demand
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 22: Problems of Deficient Demand and Excesss Demand exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 23: Measures to Correct Deficient and Excess Demand
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 23: Measures to Correct Deficient and Excess Demand exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 24: Money - An Introduction
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 24: Money - An Introduction exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 25: Bank and Commercial Bank
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 25: Bank and Commercial Bank exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 26: Central Bank
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 26: Central Bank exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 27: Balance of Payments
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 27: Balance of Payments exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 28: Foreign Exchange Rate
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 28: Foreign Exchange Rate exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 29: Fiscal Policy
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 29: Fiscal Policy exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 30: Budget
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 30: Budget exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 31: National Income and Circular Flow of Income
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 31: National Income and Circular Flow of Income exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 32: Concepts of National Income
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 32: Concepts of National Income exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 33: Measurement of National Income
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 33: Measurement of National Income exercises
R. K. Lekhi and P. K. Dhar Solutions for Class 12 Economics (12th) 34: National Income and Economic Welfare
R. K. Lekhi and P. K. Dhar Class 12 Economics (12th) 34: National Income and Economic Welfare exercises
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Our R. K. Lekhi and P. K. Dhar Economics Answer Guide for the Class 12 CISCE covers all 34 chapters. As a result, you will be able to fully prepare for the exam without worrying about missing anything. You rarely get such a benefit, which makes the Economics Class 12 CISCE R. K. Lekhi and P. K. Dhar solutions provided here such an extraordinary advantage that you can always rely on. Consider giving it a try for yourself, and you will find it very comprehensive, professional, and convenient at the same time.
Our CISCE R. K. Lekhi and P. K. Dhar solutions for Economics Class 12 cover everything from Micro and Macro Economics - An Introduction, Demand and Law of Demand, Elasticity of Demand, Theory of Consumer's Behaviour : Cardinal Utility Analysis, Theory of Consumer's Behaviour : Indifference Curve Analysis, Supply and Law of Supply, Revenue Analysis, Cost Theory Analysis, Forms of Market, Concept of Production and Law of Returns, Equilibrium of Firm and Industry Under Perfect Competition, Producer's Equilibrium Under Perfect Competition, Price Output Under Perfect Competition, Price Output Determination Under Monopoly, Price Output Determination Under Monopolistic Competition and Oligopoly, Basic Concepts of Macro Economics, Aggregate Demand and Supply - Determinants of Equilibrium, Consumption Function {Propensity to Consume), Concept of Investments-Types and Determinants, Multiplier - I : Static and Dynamic, Full Employment and Voluntary Unemployment, Problems of Deficient Demand and Excesss Demand, Measures to Correct Deficient and Excess Demand, Money - An Introduction, Bank and Commercial Bank, Central Bank, Balance of Payments, Foreign Exchange Rate, Fiscal Policy, Budget, National Income and Circular Flow of Income, Concepts of National Income, Measurement of National Income, National Income and Economic Welfare and the other topics.
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