Numerical Problems in Economics For Class XII

The topics are thoroughly described in simple language making it easier for students of economics to grasp the subject. The various theories of significance are illustrated in detail through examples. The general statements of important principles and their methodologies are without exception provided through their practical illustrations.

PART A: Introductory Microeconomics

1. Introduction to Economics

2. Consumer’s Equilibrium

3. Theory of Demand

4. Elasticity of Demand

5. Production Function

6. Cost

7. Revenue

8. Producer’s Equilibrium

9. Supply and Elasticity of Supply

PART B: Introductory Macroeconomics

1. Methods of Estimating National Income

2. Related Aggregates of National Income and Disposable Income

3. Income Determination and the Multiplier

4. Government Budget and the Economy

5. Foreign Exchange Rate

6. Balance of Payments