Notes of Microeconomics Class 12th CBSE

CBSE Notes for Class 12 Micro Economics Introduction to Economics Notes Class 12 Microeconomics  Consumer Equilibrium Notes Class 12 Microeconomics  Demand Notes Class 12 Microeconomics  Elasticity of Demand Notes Class 12 Microeconomics  Production Notes Class 12 Microeconomics  Cost Notes Class 12 Microeconomics  Supply Notes Class 12 Microeconomics  Revenue Notes Class 12 Microeconomics  Producer Equilibrium Notes …

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FORMS OF MARKET AND PRICE DETERMINATION NOTES CLASS 12th

UNIT – IV: FORMS OF MARKET AND PRICE DETERMINATION Market : Market is a place in which buyers and sellers come into contact for the purchase and sale of goods and services. Perfect Competition Monopoly Monopolistic competition Oligopoly Market structure: refers to number of firms operating in an industry, nature of competition between them and …

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Consumer Equilibrium Notes Class 12 Microeconomics 

UNIT 2: CONSUMER EQUILIBRIUM AND DEMAND KEY CONCEPTS UTILITY MARGINAL UTILITY LAW OF DIMINISHING MARGINAL UTILITY CONDITIONS OF CONSUMER’S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS THE CONSUMER’S BUDGET BUDGET SET BUDGET LINE PREFERENCES OF THE CONSUMER INDIFFERENCE CURVE INDIFFERENCE MAP CONDITIONS OF CONSUMER’S EQUILIBRIUM DEMAND INDIVIDUAL DEMAND MARKET DEMAND DEMAND SCHEDULE DEMAND CURVE DETERMINANTS OF DEMAND MOVEMENT …

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Introduction to Economics Notes Class 12 Microeconomics 

INTRODUCTORY MICRO ECONOMICS UNIT 1: INTRODUCTION KEY CONCEPTS MICRO ECONOMICS ECONOMY TYPES OF ECONOMY PLANNED ECONOMY MARKET ECONOMY CENTRAL PROBLEMS OF AN ECONOMY | BASIC ECONOMIC PROBLEMS WHAT TO PRODUCE? HOW TO PRODUCE? FOR WHOM TO PRODUCE? CAUSES OF AN ECONOMIC PROBLEM PRODUCTION POSSIBILITY CURVE MARGINAL OPPORTUNITY COST -MOC MARGINAL RATE OF TRANSFORMATION SCARCITY OF …

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Notes of BALANCE OF PAYMENTS AND FOREIGN EXCHANGE RATE Class 12 Chapter 6 Economics

UNIT X: BALANCE OF PAYMENTS AND FOREIGN EXCHANGE RATE Foreign Exchange refers to all currencies other than the domestic currency of a given country. Foreign exchange rate is the rate at which currency of one country can be exchanged for currency of another country. Foreign Exchange Market: The Foreign Exchange market is the market where …

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Notes of Government Budget and the Economy Class 12 Chapter 5 Economics

UNIT IX: GOVERNMENT BUDGET AND THE ECONOMY KEY CONCEPTS: Meaning of the Budget Objectives of the Budget Components of the Budget Budget Receipts Budget Expenditure Balanced, Surplus and Deficit Budgets Types of Deficits GOVERNMENT BUDGET – A FLOW CHART 1 MARK QUESTIONS AND ANSWERS Define a Budget. Ans: It is an annual statement of the …

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Notes of Introduction to Macro Economics Class 12 Chapter 1

CBSE Class-12 Economics Macro Economics Chapter 1 – Introduction Revision Notes Macro Economics: It deals with the aggregate economic variables of an economy. The word macro comes from a Greek word ‘Makros’ which means large. It is a branch of economics that studies the economic relationships or issues of an economy as a whole like …

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Notes of Determination of Income and Employment Class 12 Chapter 4 Economics

Key concepts Aggregate demand and its components. Propensity to consume and propensity to save Short run fixed price in product market equilibrium output, investment or output multiplier and the multiplier mechanism. Meaning of full employment and involuntary unemployment. Problems of excess demand and deficient demand. Measures to correct excess demand and deficient demand. Change in …

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