Read and download NCERT Class 12 Economics Introductory Macroeconomics Glossary in NCERT book for Class 12 Economics. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Economics textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Economics to understand the answers of the exercise questions given at the end of this chapter
NCERT Book for Class 12 Economics Introductory Macroeconomics Glossary
Class 12 Economics students should refer to the following NCERT Book Introductory Macroeconomics Glossary in Class 12. This NCERT Book for Class 12 Economics will be very useful for exams and help you to score good marks
Introductory Macroeconomics Glossary NCERT Book Class 12
Adam Smith (1723 – 1790) Regarded as the father of modern Economics. Author of Wealth of Nations.
Aggregate monetary resources Broad money without time deposits of post office savings organisation (M3).
Automatic stabilisers Under certain spending and tax rules,expenditures that automatically increase or taxes that automatically decrease when economic conditions worsen, therefore, stabilising the economy automatically.
Autonomous change A change in the values of variables in a macroeconomic model caused by a factor exogenous to the model.
Autonomous expenditure multiplier The ratio of increase (or decrease) in aggregate output or income to an increase (or decrease) in autonomous spending.
Balance of payments A set of accounts that summarise a country’s transactions with the rest of the world.
Balanced budget A budget in which taxes are equal to government spending.
Balanced budget multiplier The change in equilibrium output that results from a unit increase or decrease in both taxes and government spending.
Bank rate The rate of interest payable by commercial banks to RBI if they borrow money from the latter in case of a shortage of reserves.
Barter exchange Exchange of commodities without the mediation of money.
Base year The year whose prices are used to calculate the real GDP.
Bonds A paper bearing the promise of a stream of future monetary returns over a specified period of time. Issued by firms or governments for borrowing money from the public.
Broad money Narrow money + time deposits held by commercial banks and post office savings organisation.
Capital Factor of production which has itself been produced and which is not generally entirely consumed in the production process.
Capital gain/loss Increase or decrease in the value of wealth of a bondholder due to an appreciation or reduction in the price of her bonds in the bond market.
Capital goods Goods which are bought not for meeting immediate need of the consumer but for producing other goods.
| NCERT Class 12 Economics Glossary |
| NCERT Class 12 Economics Introduction |
| NCERT Class 12 Economics Theory of Consumer Behaviour |
| NCERT Class 12 Economics Production and Costs |
| NCERT Class 12 Economics The Theory of the Firm under Perfect Competition |
| NCERT Class 12 Economics Market Equilibrium |
| NCERT Class 12 Economics Non competitive Markets |
| NCERT Class 12 Economics Introductory Macroeconomics Glossary |
| NCERT Class 12 Economics National Income Accounting |
| NCERT Class 12 Economics Money and Banking |
| NCERT Class 12 Economics Income Determination |
| NCERT Class 12 Economics Introductory Macroeconomics Government Budget and The Economy |
| NCERT Class 12 Economics The Government Functions and Scope |
| NCERT Class 12 Economics Open Economy Macroeconomics |
Economics NCERT Book Class 12 Introductory Macroeconomics Glossary
The above NCERT Books for Class 12 Economics Introductory Macroeconomics Glossary have been published by NCERT for latest academic session. The textbook by NCERT for Introductory Macroeconomics Glossary Economics Class 12 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Introductory Macroeconomics Glossary NCERT etextbooks as the exams for Class 12 Economics are always asked as per the syllabus defined in these ebooks. These Class 12 Introductory Macroeconomics Glossary book for Economics also includes collection of question. We have also provided NCERT solutions for Class 12 Economics which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 12 students.
NCERT Book Class 12 Economics Introductory Macroeconomics Glossary
The latest NCERT book for Introductory Macroeconomics Glossary pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 12 Economics Introductory Macroeconomics Glossary are designed to enhance the overall understanding of students. All Class 12 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 12 students.
Introductory Macroeconomics Glossary NCERT Book Class 12 Economics
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Class 12 Economics Introductory Macroeconomics Glossary NCERT Book
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Class 12 Introductory Macroeconomics Glossary NCERT Book Economics
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