NCERT Solutions for Class 12 MacroEconomics

NCERT Solutions for Class 12 MacroEconomics: NCERT Solutions for Class 12 MacroEconomics is an excellent help guide for your Class 12 Economics exam. All the basic terms and concepts are explained thoroughly in the NCERT Solutions for Class 12 Economics. You can download it for free and access it offline after that. Subject matter experts have designed the solutions as per the latest CBSE Syllabus.

• NCERT Solutions for Class 12 Economics  

NCERT Solutions for Class 12 MacroEconomics: Download Chapter-wise Solution PDF

Chapter 1 – Introduction to MacroEconomics

Chapter 2 – National Income Accounting

Chapter 3 – Money and Banking

Chapter 4 – Determination of Income and Employment

Chapter 5 – Government Budget and Economy

Chapter 6 – Open-Economy Macroeconomics

NCERT Solutions for Class 12 MacroEconomics

When we talk about the board exam preparation, the best option for Class 12th students is to opt for NCERT Solutions Class 12 Economics. There are various exercises and we have provided the solutions for NCERT Solutions Class 12 MacroEconomics in PDF format. If you like you can either download this PDF or study directly from our website.

The questions solved in the NCERT Solutions Class 12 MacroEconomics have been solved by the subject experts. These solutions are easy to understand and you can score a good percentage when you have studied from the NCERT Solutions Class 12 MacroEconomics. Because of this, you can understand the pattern of questions asked in the exam with ease and prepare accordingly for the upcoming board exams. 

NCERT Solutions for Class 12 MacroEconomics – Chapter-wise

• Chapter 1 – Introduction to Macroeconomics

  Here, we will learn the meaning of MacroEconomics, where ‘Macro’ is derived from a Greek word,  ‘Makros’, which means huge. Macroeconomics is a branch of economics in which you will study, understand and assess the economy as a whole. The first chapter is introductory and you will learn about the fundamental concepts of MacroEconomics.

NCERT Solutions Class 12 MacroEconomics also talks about the emergence of MacroEconomics from John Maynard Keynes’ book, ‘The General Theory of Employment, Interest, and Money.’ There are 4 questions in this Chapter.

• Chapter 2 – National Income Accounting

  The second chapter of NCERT Solutions Class 12 MacroEconomics explains the calculation of the national economy of a country. You will also get to know about the different subcategories of national income. There are 3 ways to calculate the national income of a country:

1. Product or Value Added Money
2. Income method
3. Expenditure method

• Chapter 3 – Money and Banking

  The third chapter of NCERT Solutions Class 12 MacroEconomics covers various topics, mentioned below:

1. Functions of Money
2. Demand and supply of money in an economy
3. Money creation through the banking system
4. Policy tools to control the money supply in an economy
5. Demonetization

• Chapter 4 – Determination of Income and Employment

  In the fourth chapter, you will study the following topics in detail:

1. Marginal Propensity – In this section of the chapter you will learn about Marginal Propensity to save and the Marginal Propensity to consume, in detail.
2. Investment – You will get a brief about ex-ante investment and ex-post investment in an economy.
3. Parametric Shift of a Lane – This is a conceptual topic, explained in detail in chapter 4 of NCERT Solutions Class 12 MacroEconomics.
4. Effective Demand – This section of Chapter 4 explains the aggregate demand at the point of equilibrium and its relation with the national income accounting.

• Chapter 5 – Government Budget and Economy: In this chapter, various steps taken by the Government for maintaining a strong economy, is explained. You will know the concepts and methods used by authorities for maintaining a proper budget.
• Chapter 6 – Open-Economy Macroeconomics: In this chapter, you will learn about the topics mentioned below:

1. Balance of trade
2. Real exchange rate
3. Foreign exchange rate
4. Nominal exchange rate
5. Current account balance
6. Devaluation
7. Depreciation
8. Demand concept

Why NCERT Solutions For Class 12 Macroeconomics is a must-read?

There are various books when it comes to Class 12 Economics, but not every book might be as good as NCERT Solution Class 12 Macroeconomics. Here are some of the reasons to prove the above statement.

1. You can find a logical sequence in the explanation of each question. This will help you in comprehending how to answer similar questions.
2. Answering questions during the exam will be much easier for you if you practice the solutions regularly.
3. If you have any doubts regarding a chapter, you can find elaborated and explanatory notes for the same.
4. All the solutions are designed as per the latest CBSE Syllabus.
5. You can grasp the concepts in a better manner, thanks to the lucid language used for designing the solutions.
6. Regular practice of solutions will ensure a good understanding as well as a good percentage in the Class 12 examination.

Here is a brief of CBSE Class 12 Macroeconomics. If you have any doubts regarding the Class 12 Economics exam, you can ask in the comment box.

FAQs on NCERT Solutions For Class 12 Macroeconomics