Inflationary gap and deflationary gap
Difference between inflationary gap and deflationary gap. Excess and deficient demand situation in inflationary gap and deflationary gap
APC and MPC, it application
What is average propensity to consume and Marginal propensity to consume? Equations and application..
APS and MPS, its application
What is Average propensity to save and Marginal propensity to save? Equations and application.
APS and MPS, its application
What is Average propensity to save and Marginal propensity to save? Equations and application.
BOP equilibrium and disequilibrium
Balance of payment equilibrium and disequilibrium status. How BOP balances itself. As per CBSE criteria, this is very relevant.
BOP equilibrium and disequilibrium
Balance of payment equilibrium and disequilibrium status. How BOP balances itself. As per CBSE criteria, this is very relevant.
Class 12th Economics (Full)
Circular Flow of Income National Income Aggregate Supply and Aggregate Demand Determinant of Income, Employment and Output Government Budget Money and Banking Balance of Payment Foreign Exchange Rate
Balance of Payment and Its various accounts.
This contains definition of Balanace of payment, accounts prepared under BOP i.e. Current accpunt BOP, Capital account BOP. Credit items of BOP accou t are also discussed. This is relevant for class 12th CBSE board.
Consumption function and propensity to consume
Thsi contains definition of consumotion function and its representation, The propensity to consume, AP, MPC. This is relevant for class 12th.
Propensity to save and its application
This contains definition and application of propensity to save, APS, MPS and its representation. This is relevant for class 12th.
Monetary and Fiscal policy in respect of Excess and deficient demand
This contains the use of fiscal and monetary policy to correct the situation of excess or deficient demand. This is relevant for class 12th.
Economics- Class XII CBSE
Class XII-Economics-Macroeconomics-Foreign Exchange Rate, Currency Appreciation, Currency depreciation, Devaluation, revaluation.