Grade 12 › Economics
Class 12 Economics
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Meaning and Scope of Macroeconomics
The Circular Flow of Income
Stock and Flow Variables; Agents and Sectors
Domestic Territory, Residents and the Income Aggregates
Methods of Measuring National Income
Real vs Nominal GDP and the GDP Deflator
Money: Functions and Supply
Commercial Banks and Credit Creation
The Reserve Bank of India and Monetary Policy
Aggregate Demand, Supply and the Consumption Function
APC, MPC, APS, MPS and the Investment Multiplier
Equilibrium, Full Employment and the Gaps
Meaning, Objectives and Components of the Budget
Budget Deficits
Fiscal Policy
Open Economy and the Balance of Payments
The Foreign Exchange Market and Exchange Rate
Exchange Rate Systems and Currency Changes
Meaning and Types of Inflation
Causes and Effects of Inflation
Control Measures of Inflation
Colonial Rule and the Agricultural Sector
De-industrialisation, Foreign Trade and Occupational Structure
Demographic Condition and Infrastructure
Economic Planning and the Five-Year Plans
Agriculture: Land Reforms and the Green Revolution
Industry: Policy, Public Sector and Import Substitution
The 1991 Crisis and Liberalisation
Privatisation
Globalisation, the WTO and an Appraisal
Poverty
Human Capital Formation and Employment
Rural Development and Sustainable Development
Developmental Paths of India, China and Pakistan
Comparative Demographic and Growth Indicators
Human Development and Lessons