Introductory Macroeconomics Textbook in Economics for Class XII
(Paperback)
National Council of Educational Research and Training (Publisher)
Published
/12/2014
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(Paperback)
National Council of Educational Research and Training (Publisher)
Ships within 2-4 days
The 2014 edition of Introductory Macroeconomics - Textbook in Economics helps the students of class 12 to study the branches of economics that cover the behaviour and performance of an economy as a whole. It has been published by NCERT and closely maintains parity with the syllabus that has been laid out by the CBSE.
The Contents of the Book are as Follows:
? INTRODUCTION
? Emergence of Macroeconomics
? Context of the Present Book of Macroeconomics
? 2. NATIONAL INCOME ACCOUNTING
? Some Basic Concepts of Macroeconomics
? Circular Flow of Income and Methods of Calculating National Income
- The Product or Value Added Method
- Expenditure Method
- Income Method
? Some Macroeconomic Identities
? Goods and Prices
? GDP and Welfare
? 3. MONEY AND RANKING
? Functions of Money
? Demand for Money
- The Transaction Motive
- The Speculative Motive
? The Supply of Money
- Legal Definitions: Narrow and Broad Money
- Money Creation by the Banking System
- Instruments of Monetary Policy and the Reserve Bank of India
? 4. INCOME DETERMINATION
? Ex-ante and Ex-post
? Movement Along a Curve versus Shift of a Curve
? The Short Run Fixed Price Analysis of The Product Market
- A Point on the Aggregate Demand Curve
- Effects of an Autonomous Change on, Equilibrium Demand in the Product Market
- The Multiplier Mechanism
? 5. THE Government: BUDGET AND THE ECONOMY
? Components of the Government Budget
- The Revenue Account
- The Capital Account
- Measures of Government Deficit
? Fiscal Policy
- Changes in Government Expenditure
- Changes in Taxes
- Debt
? 6. Open ECONOMY macroeconomics
? The Balance of Payments
- BoP Surplus and Deficit
? The Foreign Exchange Market
- Determination of the Exchange Rate
- Flexible Exchange Rates
- Fixed Exchange Rates
- Managed Floating
-Exchange Rate Management: The
