Introductory Microeconomics and Macroeconomics, XII

by Jain T.R

"T. R. Jain and V. K. Ohri's Introductory Macroeconomics, published by VK Global Publications, is a comprehensive set of two books for Class 12 that conforms to the latest CBSE syllabus. Volume I discusses: What We Study in Macroeconomics and How Significance it is?, Some Basic Concepts of Macroeconomics, National Income and Related Aggregates, Methods of Calculating National Income, Money and Supply of Money, Banking: Commercial Banks and The Central Bank, Aggregate Demand and its Components, Short Run Equilibrium Output, Problem of Deficient Demand and Excess Demand, Government Budget and the Economy, Foreign Exchange Rate, Balance of Payments, Solved Numericals, Unsolved Numericals, HOTS, True or False Questions, and Value-based Questions. Volume II discusses: Economics, Economy and Central Problems of an Economy, Consumer's Equilibrium-Utility Analysis, Consumer's Equilibrium-Indifference Curve Analysis, Theory of Demand, Price Elasticity of Demand, Production Function and Returns to a Factor, Concepts of Cost, Concept of Revenue, Producer's Equilibrium, Theory of Supply, Forms of Market, Market Equilibrium Under Perfect Competition and Effects of Shifts in Demand and Supply, Solved Numericals, Unsolved Numericals, HOTS, True or False Questions, and Value-based Questions."

360 pages, Paperback