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VK MACROECONOMICS B.COM SEMESTER 2ND PU CHANDIGARH

by Madhurima
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23 Customer Review

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  • Q1
    Is this book strictly based on the NBCM 203 syllabus for B.Com Semester 2?
    A1

    Yes, the book is meticulously crafted to cover the entire syllabus for the MACRO ECONOMICS course (Code: NBCM 203) for B.Com Semester 2, including all units and topics as prescribed.

  • Q2
    Does it include the most recent updates and developments in the subject as per the university's requirement?
    A2

    Absolutely. The content is developed and updated to include knowledge of subject developments up to 6 months before the examination, in strict adherence to the university's instructions for paper setters and candidates.

  • Q3
    How does this book help in preparing for the specific exam pattern with Sections A, B, and C?
    A3

    The chapters are organized to align with the exam structure. Unit I content prepares you for Section B (essay-type questions), and Unit II content prepares you for Section C. The entire book's content is relevant for the short-answer questions in Section A.

  • Q4
    Are numerical problems related to the Multiplier and Consumption Function included?
    A4

    Yes, the syllabus indicates the possibility of numerical questions in Sections B and C. The book covers the concepts of the Multiplier and Consumption Function in detail, which are essential for tackling such questions, though the primary focus is on theoretical understanding as per the outlined typology.

  • Q5
    I struggle with understanding the difference between Classical and Keynesian economics. Does this book clarify that?
    A5

    Yes, a key strength of this book is its clear, comparative presentation of the Classical Theory of Employment (including Say's Law) and the Keynesian Theory of Employment in separate, dedicated chapters, highlighting their fundamental differences.

  • Q6
    Are concepts like Quasi-Rent and the Psychological Law of Consumption explained with examples?
    A6

    Yes, the book by T.R. Jain is known for its student-friendly approach and explains complex theories like Quasi-Rent and Keynes' Psychological Law of Consumption with clarity, often using examples to aid understanding.

  • Q7
    Is this book useful for tutorials and group discussions as mentioned in the syllabus pedagogy?
    A7

    Certainly. The comprehensive coverage of topics and clear explanation of concepts make it an excellent resource for active learning during tutorials, interactive sessions, and group discussions.

  • Q8
    Does it cover all the theories of Profit, such as the Innovation and Uncertainty-Bearing theories?
    A8

    Yes, the chapter on Profit comprehensively covers the Nature, Types, and key theories including the Dynamic Theory, Innovation Theory, Risk-Bearing Theory, and Uncertainty-Bearing Theory of Profits as outlined in the syllabus.

  • Q9
    Is the language used in the book easy to understand for a second-semester student?
    A9

    The book is written in a clear, straightforward language tailored for undergraduate commerce students, making complex macroeconomic concepts accessible and easy to grasp.

  • Q10
    How does this book help me achieve the Course Outcome of applying principles to current economic phenomena?
    A10

    The book encourages the application of theory to real-world contexts, helping you associate current economic events with concepts like consumption, investment, and employment theories, fulfilling the stated Course Outcome (CO₂).

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Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Is this book strictly based on the NBCM 203 syllabus for B.Com Semester 2?
    A1

    Yes, the book is meticulously crafted to cover the entire syllabus for the MACRO ECONOMICS course (Code: NBCM 203) for B.Com Semester 2, including all units and topics as prescribed.

  • Q2
    Does it include the most recent updates and developments in the subject as per the university's requirement?
    A2

    Absolutely. The content is developed and updated to include knowledge of subject developments up to 6 months before the examination, in strict adherence to the university's instructions for paper setters and candidates.

  • Q3
    How does this book help in preparing for the specific exam pattern with Sections A, B, and C?
    A3

    The chapters are organized to align with the exam structure. Unit I content prepares you for Section B (essay-type questions), and Unit II content prepares you for Section C. The entire book's content is relevant for the short-answer questions in Section A.

  • Q4
    Are numerical problems related to the Multiplier and Consumption Function included?
    A4

    Yes, the syllabus indicates the possibility of numerical questions in Sections B and C. The book covers the concepts of the Multiplier and Consumption Function in detail, which are essential for tackling such questions, though the primary focus is on theoretical understanding as per the outlined typology.

  • Q5
    I struggle with understanding the difference between Classical and Keynesian economics. Does this book clarify that?
    A5

    Yes, a key strength of this book is its clear, comparative presentation of the Classical Theory of Employment (including Say's Law) and the Keynesian Theory of Employment in separate, dedicated chapters, highlighting their fundamental differences.

  • Q6
    Are concepts like Quasi-Rent and the Psychological Law of Consumption explained with examples?
    A6

    Yes, the book by T.R. Jain is known for its student-friendly approach and explains complex theories like Quasi-Rent and Keynes' Psychological Law of Consumption with clarity, often using examples to aid understanding.

  • Q7
    Is this book useful for tutorials and group discussions as mentioned in the syllabus pedagogy?
    A7

    Certainly. The comprehensive coverage of topics and clear explanation of concepts make it an excellent resource for active learning during tutorials, interactive sessions, and group discussions.

  • Q8
    Does it cover all the theories of Profit, such as the Innovation and Uncertainty-Bearing theories?
    A8

    Yes, the chapter on Profit comprehensively covers the Nature, Types, and key theories including the Dynamic Theory, Innovation Theory, Risk-Bearing Theory, and Uncertainty-Bearing Theory of Profits as outlined in the syllabus.

  • Q9
    Is the language used in the book easy to understand for a second-semester student?
    A9

    The book is written in a clear, straightforward language tailored for undergraduate commerce students, making complex macroeconomic concepts accessible and easy to grasp.

  • Q10
    How does this book help me achieve the Course Outcome of applying principles to current economic phenomena?
    A10

    The book encourages the application of theory to real-world contexts, helping you associate current economic events with concepts like consumption, investment, and employment theories, fulfilling the stated Course Outcome (CO₂).

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