Knowledge in Macroeconomics and its applications

Inflationary gap and deflationary gap

Difference between inflationary gap and deflationary gap. Excess and deficient demand situation in inflationary gap and deflationary gap

Money, its supply and types

Meaning of Money, Who supplies money? Different types of money and its application.

APS and MPS, its application

What is Average propensity to save and Marginal propensity to save? Equations and application.

APS and MPS, its application

What is Average propensity to save and Marginal propensity to save? Equations and application.

Balance of Payment and Its various accounts.

This contains definition of Balanace of payment, accounts prepared under BOP i.e. Current accpunt BOP, Capital account BOP. Credit items of BOP accou t are also discussed. This is relevant for class 12th CBSE board.

Excess demand and its consequences

This contains definition and emergence of Excess demand. Tabular and diagramatic presentation of Excess demand wit various consequences of it. This topic is relevant for class 12th.

Equilibrium level of income and AD AS approach

This contains equilibrium level of india and way to find equilibrium level of india by AD-AS approach. Diagramatic and tabular oresentation of AD AS approach. This is relevant for class 12th.

Siricilla tragedy and its consequences

Thus contains everything regarding the Siricilla tragedy, its occurance, consequences. This is relevant for class 12th.

Formal vs informal sector

Difference and features of formal vs informal sector of an economy. Benefits that people get working in formal sector