A Text Book Of Macro Economics For XII

It gives us great pleasure to present this book which has been written strictly according to the revised syllabus issued by the Central Board of Secondary Education, New Delhi. ‘Familiarisation paragraph’ at the beginning of each unit has been especially made to lead the students gently into the unit and the subsequent chapters will reinforce a sense of progress and achievement. Questions asked during the previous examinations have also been included at suitable places.

1. Introduction

2. Circular Flow of Income

3. Measurement of National Income

UNIT - 6 MONEY AND BANKING

4. Money and Supply of Money

5. Banking : Commercial Bank and Central Bank

NIT -7 DETERMINATION OF INCOME, OUTPUT AND EMPLOYMENT

6. Aggregate Demand, Aggregate Supply and Related Concepts

7. Determination of Income and Working of Multiplier

8. Problems of Excess and Deficit Demand and Their Solutions

UNIT - 8 GOVERNMENT BUDGET AND ECONOMY

9. Government Budget and The Economy

UNIT - 9 BALANCE OF PAYMENTS

10.Foreign Exchange Rate

11. Balance of Payments

12. Theory of Supply and Elasticity of Supply

Unit — 4 Forms of Market and price determination under perfect competition with simple application

13. Forms of Market

14. Determination of Market Equilibrium and Effect of Shift in Demand and Supply Curves

15. Simple Application of Tools of Demand and Supply

Appendix: CBSE Papers l Annual Papers l Compartment Papers