Marshall 2.0

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About Course

Elevate your understanding of the Indian and global economy with our comprehensive online macroeconomics course, designed specifically for class 12 CBSE students.

This Course Includes Chapter-wise:

1. Colorful Study Material / Notes .

2. Videos Lectures.

3. Last Years CBSE Paper. (Question Bank with solution)

4. NCERT questions with solution.

5. 2 Live / online classes on week end.

What Will You Learn?

  • This Course Includes Chapter-wise:
  • 1. Colorful Study Material / Notes .
  • 2. Videos Lectures.
  • 3. Last Years CBSE Paper. (Question Bank with solution)
  • 4. NCERT questions with solution.
  • 5. 2 Live / online classes on week end.

Course Content

Unit -1 National Income and Related Aggregates
What is Macroeconomics? Basic concepts in macroeconomics: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation. Circular flow of income (two sector model); Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method. Aggregates related to National Income: Gross National Product (GNP), Net National Product (NNP), Gross Domestic Product (GDP) and Net Domestic Product (NDP) - at market price, at factor cost; Real and Nominal GDP GDP Deflator, GDP and Welfa

  • Draft Lesson
    00:00

Unit – 2 Money and Banking
Money – meaning and functions, supply of money - Currency held by the public and net demand deposits held by commercial banks. Money creation by the commercial banking system. Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt. Bank, Banker's Bank, Control of Credit through Bank Rate, Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.

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