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Introductory Macroeconomics - 12 - NCERT

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Product Description

Publisher – National Council of Education Research and Training

Subject – Economics

Author Name – NCERT

Language – English           

Binding – Paperback

ISBN – 8174507159

Book Code – 12105

Country of Origin – India

Generic Name – Book


"Introductory Macroeconomics" is designed to introduce students to the fundamental concepts and principles of macroeconomics, which is the branch of economics that deals with the economy as a whole. It focuses on aggregate economic variables such as national income, unemployment, inflation, and economic growth. Some of the key topics covered in the Class 12 NCERT "Introductory Macroeconomics" textbook may include:

  1. Introduction to Macroeconomics: An overview of macroeconomics and its importance in analyzing the overall functioning of the economy.
  2. National Income and Related Aggregates: Understanding concepts like gross domestic product (GDP), gross value added (GVA), and methods of measuring national income.
  3. Money and Banking: Study of the role of money in the economy, the banking system, and the central bank's functions.
  4. Determination of Income and Employment: Analysis of the aggregate demand and aggregate supply in the economy and how they influence income and employment levels.
  5. Government Budget and the Economy: Examination of government expenditure, revenue, and fiscal policies.
  6. Balance of Payments: Understanding the balance of payments and its significance in international trade and finance.

"Introductory Macroeconomics" aims to provide students with a basic understanding of macroeconomic concepts, principles, and policies. It helps students comprehend the functioning of the economy on a broader scale and its impact on various economic agents.