Microeconomics deals with the study of the behaviour of economic variables in an equilibrium position while macroeconomic analysis deals with the study of the behaviour of. Macroeconomics studies the measurement and methods of calculating national income. This measurement involves aggregate saving, aggregate consumption and aggregate investment. International trade refers to the exchange of goods and services among different countries which affect the whole economy.
Thus, international trade is studied under macroeconomics. The study of employment level, types of unemployment and causes behind unemployment is studied under the scope of macroeconomics.
General Price level is affected through the business cycles. Inflation and deflation are two major factors studied for general price level in macroeconomics.
In macroeconomics, various theories of money, the role of money, the effect of government expenditure and income in the economy are discussed. The Trade cycle represents the ups and downs in the market. The study material has been made by experienced teachers of leading schools and institutes in India is available for free download in pdf format. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education.
Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning. To score well, students must practice as per the new CBSE term-wise Hence, there is a need that all the students appearing in the Term-l examinations and the schools sponsoring these students should have Last year CBSE had to reduce the syllabus because of the pandemic situation but it was not very effective because there were no examinations.
This year to avoid any confusion and conflict, CBSE has decided to reduce the syllabus into term 1 and term 2. Importance of Class 12 Economics Revision Notes and Concepts Making Revision Notes for Class 12 will help you to interpret everything you read into your own words to make you understand Class 12 concepts better.
Benefits of Notes for Class 12 Economics a Will help you to revise all important concepts prior to the school exams of Class 12 in a timely manner b Short notes for each chapter given in the latest Class 12 books for Economics will help you to learn and redo all main concepts just at the door of the exam hall.
Download solutions for Create Account. Already Have an Account? All you need of Commerce at this link: Commerce. It is so becuase after the optimum use, the ratio of fixed and variable factors becomes defective For instance, a machine is a fixed factor of production. Download EduRev app here for Commerce preparation. Nipuns Insitute Of Comme. It has gotten views and also has 4. Do check out the sample questions of Chapter 5 - Production function Part -1 - Chapter Notes, Micro Economics, Class 12 EduRev Notes for Commerce, the answers and examples explain the meaning of chapter in the best manner.
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