Introductory Economics Micro And Macro For Class Xii

Introductory Economics: A Textbook for Class XII deals with fundamentals of Micro and Macroeconomics for the beginners as per the new syllabus issued by NBSE and CBSE.

Part A : Introductory Micro Economics 1.Micro Economics : An Introduction, 2. Central Problems of an Economy, 3. Consumer’s Equilibrium, 4. Demand and Law of Demand, 5. Price Elasticity of Demand, 6. Production Function : Returns to a Factor and Returns to Scale, 7. Production Costs, 8. Concepts of Revenue, 9. Producer’s Equilibrium : Meaning and Conditions, 10. Supply and Law of Supply, 11. Elasticity of Supply, 12. Different Forms of Market : Meaning and Features, 13. Market Equilibrium Under Perfect Competition and Effects of Shifts in Demand & Supply, 14. Simple Applications of Tools of Demand and Supply, Part B : Introductory Macro Economics 15. Macro Economics : Meaning, 16. Circular Flow of Income, 17. Concepts and Aggregates related to National Income, 18. Measurement of National Income, 19. Money : Meaning, Evolution and Functions, 20. Commercial Banks and Credit Creation, 21. Central Bank : Meaning and Functions, 22. Recent Significant Reforms and Issues in Indian Banking System : Privatisation and Modernisation, 23. Aggregate Demand, Aggregate Supply and Related Concepts (Propensity to Consume, Propensity to Save and Investment), 24. Short Run Equilibrium Output, 25. Investment Multiplier and its Mechanism, 26. Problems of Deficient and Excess Demand, 27. Measures to Correct Deficient Demand and Excess Demand, 28. Government Budget and Economy, 29. Foreign Exchange Rate, 30. Balance of Payment Accounts : Meaning and Components.

A Text book on Economics

This book has been designed strictly according to new syllabus introduced by the Central Board of Secondary Education (CBSE) for the board examination to be held in 2014 along with value based questions and for all India Senior School Certificate Examination. The subject matter of this book has been presented in a lucid manner so as to be intelligible to all students, who have a working knowledge of English. The main objective in this book is to expose the various concepts in a simple and crisp manner and thus help the students of different levels to understand the subject matter very clearly so that they can remember for a long time. This edition contains a large number of fully solved analytically questions with special care of necessary graphical presentation so that it becomes easier for the students to clear their concept. The new syllabus concentrates upon micro- and macroeconomics and their related aspects. This edition is a precise analysis of both the parts, and the author has made a sincere effort to deal with each topic of syllabus diligently. The book contains part-wise and chapter-wise division of the subject economics into two micro- and macroeconomics, and at last, there are hundreds of multiple-choice questions for the Common Proficiency Test (CPT). Therefore, the students will be highly benefited not only for the board examination but also to clear the entrance test for CA. Examination and to build their career. I hope this will be a very useful and reliable book to all readers.

A Text Book Of Micro Economics