Macroeconomics for class xii/12

Macroeconomics class 12 in India | Study material of Macroconomics class 12 | Syllabus of Economics class XII CBSE

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Online & Offline Coaching Classes for Macroeconomics Class 12 CBSE in India

GROWTH RATE an Institute of Economics being the leader in Economics Coaching in Jaipur, Rajasthan, India is proud to say that more than 70% of the students of our previous batches have attained above 90% marks in Class 12th CBSE Board Economics examination. At our institute, we are providing batch as well as individual economics classes. We provide Online and Offline Economics classes.

What It Will Includes:

1.  Class 12th Macro Economics Batch-2024-25.
2. Attend One Week Free Demo of Economics Classes.
3. Interactive  Classes with the latest updates in Economics.
4. Classes 5 days a week 
5. Doubt Sessions on a daily basis.
6. Online/offline Colourful Study Material Chapter-wise.
7. 5 Revision Before Board Exams.
8. Master Concepts With Personalised Lessons and  Unlimited Practice Test.
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                                                                       Part A: Introductory Macroeconomics

    Unit 1: National Income and Related Aggregates                                30 Periods

    What is Macroeconomics?

    Basic concepts in macroeconomics: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.

    Circular flow of income (two-sector model); Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method.

    Aggregates related to National Income:

    Gross National Product (GNP), Net National Product (NNP), Gross Domestic Product (GDP) Net Domestic Product (NDP) - at market price, at factor cost; Real and Nominal GDP.

    GDP and Welfare

    Unit 2: Money and Banking                                                                 15 Periods

    Money - meaning and supply of money - Currency held by the public and net demand deposits held by commercial banks.

    Money creation by the commercial banking system.

    Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt. Bank, Banker's Bank, Control of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.

    Unit 3: Determination of Income and Employment                                    30 Periods

    Aggregate demand and its components.

    Propensity to consume and propensity to save (average and marginal). Short-run equilibrium output; investment multiplier and its mechanism. Meaning of full employment and involuntary unemployment.

    Problems of excess demand and deficient demand; measures to correct the - changes in government spending, taxes and money supply.

    Unit 4: Government Budget and the Economy                                          17 Periods

    Government budget - meaning, objectives and components.

    Classification of receipts - revenue receipts and capital receipts; classification of expenditure – revenue expenditure and capital expenditure.

    Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.

    Unit 5: Balance of Payments                                                              18 Periods

    Balance of payments account - meaning and components; the balance of payments deficit- meaning.

    Foreign exchange rate - meaning of fixed and flexible rates and managed floating. Determination of exchange rate in a free market.