Economics

Study notes, curriculum and question papers on class 12 Economics presented as downloads, tests and videos covers the following topics. Micro Economic Theory (Demand, Elasticity of demand, Supply, Market Mechanism, Concept of production and production function, Cost and revenue, Main market forms), Theory of Income and Employment (Basic concepts and determination of Income and Employment), Money and Banking (Money, Banks), Balance of Payment and Exchange Rate (Balance of Payment), Public Finance (Fiscal Policy, Government Budget), National Income (Circular flow of Income, Concepts and definition of NY, GNP, GDP, NNP, private income, personal income, personal disposable income, National Disposable Income and per capita income, Methods of measuring National Income).