Class 12 Economic

Class 12 Economics provides a wide range of concepts and an advanced information regarding the subject which includes all the questions provided in the Economics syllabus.

Economics concentrates on how governments, business, households, societies and individuals make choices about when, where and how to use their natural resources at its best. It is a study that deals with many abstract and ideal blueprints to study the action and foretell how institutions will acknowledge to given changes in fiscal policies and market conditions among other factors.

Economics for class 12 is an enhanced level of class 11. In class 11 we had studied the basic fundamental aspects of the subject. And, in class 12 it is a progressed degree of concepts.

Class 12 Economics Syllabus

Class 12 Economics, chapter wise is given below. It is classified into two categories.

Namely : Microeconomics and Macroeconomics.

Part B – Macroeconomics
Name of the Chapter
INTRODUCTION
Emergence of Macroeconomics
DETERMINATION OF INCOME AND EMPLOYMENT
Aggregate Demand and its Components
Consumption
Investment
Determination of Income in Two-sector Model
Determination of Equilibrium Income in the Short Run
Macroeconomic equilibrium with price level fixed
Effect of an autonomous change in aggregate demand on income and output
The Multiplier Mechanism
Some More Concepts

Class 12 Economics provides a broad degree of illustrative examples; which helps the students to comprehend and learn quickly. The above mentioned is the syllabus for class 12 Economics. For more solutions and study materials of class 12 Economics visit BYJU’S or download the app for more information and the best learning experience.