Macroeconomics

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Last Updated: 22 June 2023

Economics is the study of a way in which a society decides or chooses to use limited resources with alternate uses for the production of goo...read more

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Macroeconomics

Last Updated: 23 April 2024

Macroeconomics is a part of economics that focuses on how general economies, markets, or different systems that operate on a large scale beh...read more

Functions of Commercial Bank : Primary and Secondary Functions

Last Updated: 29 November 2023

An institution that provides its customers with services like accepting deposits, providing loans, and making investments, with the objectiv...read more

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Important Formulas in Macroeconomics | Class 12

Last Updated: 06 April 2023

Chapter: Introduction1. Net InvestmentNet Investment = Gross Investment – Depreciation2. Net Indirect TaxNet Indirect Tax = Indirect Taxes...read more

Class 12

Macroeconomics

Commerce

Commercial Banks : Features, Advantages & Disadvantages

Last Updated: 09 January 2024

What are Commercial Banks?A commercial bank is a financial institution that provides services like accepting deposits, granting loans, bank ...read more

Demand and Supply for Foreign Exchange

Last Updated: 06 April 2023

What is Foreign Exchange?Foreign exchange refers to foreign currency. For example, for an Indian resident, the Indian rupee (₹) is a domes...read more

Types of Foreign Exchange Rate

Last Updated: 21 March 2024

What is Foreign Exchange Rate?The foreign exchange rate is the rate at which one country's currency can be exchanged for another country's c...read more

National Income and Related Aggregates

Last Updated: 06 April 2023

National Income is the aggregate value of all goods and services produced by firms in a given financial year. It can be stated that when the...read more

Last Updated: 06 April 2023

Money is any object or item which is generally accepted as a mode for payment of goods services and repayment of loans or debts, such as ta...read more

Circular Flow of Income: Meaning, Phases, Types and Significance

Last Updated: 06 April 2023

Macroeconomics tries to study the central questions of economies. Amongst these questions, the main question is how economies create wealth....read more

Class 12

Macroeconomics

Commerce

Circular Flow of Income

Last Updated: 14 July 2023

What is Circular Flow of Income?Macroeconomics tries to study the central questions of economies. Amongst these questions, the main question...read more

Class 12

Macroeconomics

Commerce

Leakages and Injections in Circular flow of Income

Last Updated: 06 April 2023

The circular flow of income is an economic model that reflects how money or income flows through the different sectors of the economy. A sim...read more

Class 12

Macroeconomics

Commerce

Income Method of calculating National Income

Last Updated: 06 April 2023

National Income refers to the value of goods services produced by a nation during a particular financial year. Therefore, it is the net res...read more

Product or Value Added Method of calculating National Income

Last Updated: 06 April 2023

National income refers to the value of goods services produced by a nation during a particular financial year. Therefore, it is the net res...read more

Difference between Nominal GDP and Real GDP

Last Updated: 21 July 2023

GDP or Gross Domestic Product is the total money value of all the goods and services manufactured within the geographical boundaries of a co ...read more

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