PathSet Publications
Mayank classes
CIRCULAR FLOW OF INCOME - GENERAL
- Books Name
- Mayank classes Economics Book
- Publication
- Mayank classes
- Course
- CBSE Class 12
- Subject
- Economics
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Related Unit Name
- Some basic concepts
- Money - its meaning and functions.
- Aggregate demand and its components.
- Government budget - meaning, objectives and components.
- Balance of payments account - meaning and components;
- Consumption goods, capital goods, final goods, intermediate goods
- stocks and flows
- gross investment and depreciation.
- Circular flow of income
- 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 and Net Domestic Product (GDP and NDP) - at market price, at factor cost; National Disposable Income (gross and net), Private Income, Personal Income an
- GDP and Welfare
- 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, Controller of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.
- Propensity to consume and propensity to save (average and marginal).
- Short-run equilibrium output; investment multiplier and its mechanism.
- Meaning of full employment and involuntary unemployment.
- Problems of excess demand and deficient demand; measures to correct them - change in government spending, taxes and money supply.
- Classification of receipts - revenue receipts and capital receipts; classification of expenditure - revenue expenditure and capital expenditure.
- Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.
- balance of payments deficit-meaning.
- Foreign exchange rate - meaning of fixed and flexible rates and managed floating.
- Determination of exchange rate in a free market.
- ADVENT OF EAST INDIA COMPANY IN INDIA
- INDIAN ECONOMY BEFORE COLONIAL RULE
- BRITISH POLICIES AND THEIR IMPACT ON INDIA
- DEMOGRAPHYDURING COLONIAL RULE
- OCCUPATIONAL STRUCTURE IN COLONIAL INDIA
- INFRASTRUCTURE DURING THE BRITISH RULE
- IMPACTS OF BRITISH RULE
- CENTRAL PROBLEMS OF AN ECONOMY
- TYPES OF ECONOMIC SYSTEMS
- ECONOMIC PLANNING
- AGRICULTURAL SECTOR
- INDUSTRIAL DEVELOPMENT
- FOREIGN TRADE
- CONCLUSION
- ECONOMIC REFORMS
- CLASSIFICATION OF 1991 MEASURES
- MAJOR POLICIES OF 1991 REFORMS
- LIBERALISATION
- PRIVATISATION
- RECOGNITION TO PSUs
- GLOBALISATION
- CRITICAL APPRAISAL OF LPG POLICIES
- DEMONETISATION
- DIGITALISATION
- GOODS & SERVICES TAX
- VICIOUS CIRCLE OF POVERTY
- POVERTY
- TYPES OF POVERTY
- POVERTY LINE
- GLOBAL MULTIDIMENSIONAL POVERTY INDEX
- URBAN v/s RURAL POVERTY
- POVERTY & AGRICULTURE SECTOR
- PHUSICAL v/s HUMAN CAPITAL
- HCF
- RELATION BETWEEN HUMAN CAPITAL & GROWTH
- HCF (Importance and Problem)
- HUMAN CAPITAL v/s HUMAN DEVELOPMENT
- HCF IN INDIA
- RURAL DEVELOPMENT
- RURAL CREDIT
- AGRICULTURAL MARKET SYSTEM
- DIVERSIFICATION OF AGRICULTURAL ACTIVITIES
- NON FARM EMPLOYMENT IN RURAL AREAS
- SUSTAINABLE DEVELOPMENT & ORGANIC FARMING
- EVALUATION OF RURAL DEVELOPMENT
- IMPORTANT TERMS
- WORKER POPULATION RATIO
- EMPLOYMENT
- GROWTH & CHANGING STRUCTURE OF EMPLOYMENT
- UNEMPLOYMENT
- GOVERNMENT POLICIES & EMPLOYMENT GENERATION
- CONCLUSION
- INFRASTRUCTURE
- STATE OF INFRASTRUCTURE IN INDIA
- HEALTH SECTOR
- WAY AHEAD
- ENVIRONMENT
- GLOBAL WARMING
- OZONE DEPLETION
- INDIA'S ENVIRONMENT
- LAND DEGRADATION
- CHALLENGES
- SUSTAINABLE DEVELOPMENT
- DEVELOPMENT JOURNEY
- ANALYSIS OF CHINA
- ANALYSIS OF PAKISTAN
- COMPARATIVE STUDY - INDIA, CHINA & PAKISTAN
- ANALYSIS OF DEVELOPMENT STRATEGIES
- CONCLUSION
- RURAL DEVELOPMENT