Name: All In One Economics CBSE Class 12th
Brand: Amit Book Depot
Price: 515 INR
Availability: InStock

All in One Economics Class 12 by Ritu Batra and Akanksha Sharma is a comprehensive guidebook designed for CBSE Class 12 students preparing for their Economics board exams. Published by Arihant Prakashan, this book follows the latest NCERT syllabus and provides in-depth explanations, solved examples, practice questions, and previous years’ board exam papers to ensure thorough preparation.

Key Features of the Book:

1. Strictly Based on the Latest CBSE Syllabus – Covers all topics prescribed in the NCERT Economics textbook for Class 12.

2. Divided into Two Parts – Part A: Introductory Macroeconomics and Part B: Indian Economic Development, ensuring systematic learning.

3. Chapter-wise Summary – Each chapter begins with a brief overview of key concepts for quick revision.

4. Detailed Theory – Concepts are explained in a simple and structured manner with diagrams, graphs, and tables for better understanding.

5. NCERT Exercises Solved – Includes fully solved NCERT textbook questions to help students grasp fundamental concepts.

6. Additional Practice Questions – Contains short answer-type, long answer-type, and objective-type questions for self-assessment.

7. Previous Years’ Board Exam Questions – Features solved CBSE board exam questions (including 2023-24 papers) to familiarize students with the exam pattern.

8. Competency-Based Questions – Includes case-study-based and assertion-reasoning questions as per the latest CBSE guidelines.

9. Sample Question Papers – Provides fully solved sample papers for mock test practice.

10. Quick Revision Notes – Offers key points and formulas for last-minute revision.

Why Choose This Book?

1. One-Stop Solution – Combines theory, NCERT solutions, and practice questions in a single book.

2. Exam-Oriented Approach – Helps students score high marks with board-focused content.

3. Easy-to-Understand Language – Simplifies complex economic concepts for better retention.

4. Updated Content – Includes latest CBSE sample papers and marking schemes.

Who Should Buy This Book?

1. Class 12 CBSE Students preparing for 2024-25 board exams.

2. Teachers looking for a reference guide for classroom teaching.

3. Competitive Exam Aspirants needing a strong foundation in Economics.

4. All in One Economics Class 12 is a must-have resource for CBSE students aiming for top scores in their board exams.

Have Doubts Regarding This Product ? Ask Your Question

Q1

Is this book based on the latest CBSE syllabus for 2024-25?

A1

Yes, it strictly follows the updated NCERT syllabus.
Q2

Does it include solved NCERT exercises?

A2

Yes, all NCERT textbook questions are solved.
Q3

Are previous years’ CBSE board questions included?

A3

Yes, it contains solved board papers (including 2023-24).
Q4

Does it have sample papers for practice?

A4

Yes, fully solved sample papers are provided.
Q5

Are there competency-based questions as per the new CBSE pattern?

A5

Yes, it includes case-study and assertion-reasoning questions.
Q6

Does it cover both Macroeconomics and Indian Economic Development?

A6

Yes, it has two parts covering all topics.
Q7

Is this book useful for competitive exams?

A7

Yes, it helps build a strong foundation for entrance tests.
Q8

Does it contain graphs and diagrams?

A8

Yes, visual aids are included for better understanding.
Q9

Is the language easy to understand?

A9

Yes, concepts are explained in simple language.
Q10

Does it have objective-type questions (MCQs)?

A10

Yes, it includes multiple-choice questions for practice.

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Part A: Introductory Macroeconomics

1. Macroeconomics and Circular Flow of Income

2. National Income and its Measurement

3. Money and Banking

4. Determination of Income and Employment

5. Government Budget

6. Foreign Exchange Rate and Balance of Payments

Part B: Indian Economic Development

1. Indian Economy on the Eve of Independence

2. Indian Economy and Changes in Different Sectors [1950-1990]

3. Liberalisation, Privatisation and Globalisation

4. Poverty

5. Human Capital Formation in India

6. Rural Development in India

7. Employment and Unemployment in India

8. Infrastructure in India

9. Environment and Sustainable Development

10. Comparative Development Experience of India and its Neighbours

Part A: Introductory Macroeconomics

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 Welfare

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.

Unit 3: Determination of Income and Employment

Aggregate demand and its components.

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 -

changes in government spending, taxes and money supply.

Unit 4: Government Budget and the Economy

Government budget - meaning, objectives and components.

Classification of receipts - revenue receipts and capital receipts;

Classification of expenditure – revenue expenditure and capital expenditure.

Balanced, Surplus and Deficit Budget – measures of government deficit.

Unit 5: Balance of Payments

Balance of payments account - meaning and components;

Balance of payments – Surplus and Deficit

Foreign exchange rate - meaning of fixed and flexible rates and managed floating.

Determination of exchange rate in a free market, Merits and demerits of flexible and

fixed exchange rate.

Managed Floating exchange rate system

Part B: Indian Economic Development

Unit 6: Development Experience (1947-90) and Economic Reforms Since 1991:

A brief introduction of the state of Indian economy on the eve of independence. Indian economic system and common goals of Five Year Plans.

Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.

Economic Reforms since 1991:

Features and appraisals of liberalisation, globalisation and privatisation (LPG policy); Concepts of demonetization and GST

Unit 7: Current Challenges Facing Indian Economy

Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India

Rural Development: Key issues - credit and marketing - role of cooperatives; agricultural diversification; alternative farming - organic farming

Employment: Growth and changes in work force participation rate in formal and informal sectors; problems and policies

Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming

Unit 8: Development Experience of India

A comparison with neighbours

India and Pakistan

India and China

Issues: economic growth, population, sectoral development and other Human Development