Posts from 12th class Ecnomics – Macroecnomics (Notes)

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12th class Ecnomics - Macroecnomics (Notes)

12th class Macroeconomics Chapter 3: Money and Banking

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September 18, 2025 /
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📘 Chapter 3: Money and Banking (Detailed Notes) 1. Money: Meaning & Functions Definition (Prof. Crowther): Money is anything that is generally accepted as a medium of exchange and at the same time acts as a measure and […]
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macroecnomics chapter 2 National income

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12th class Ecnomics - Macroecnomics (Notes)

12th class Macroeconomics Chapter 2: National Income Accounting

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September 18, 2025 /
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📘 Chapter 2: National Income Accounting (Detailed Notes) 1. Introduction The study of National Income Accounting helps us measure the economic performance of a country. It is also called Macroeconomic Accounting. Objective: to know the total production, income, […]
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12th class Ecnomics - Macroecnomics (Notes)

12th class Macroeconomics Chapter 1: Introduction (Macroeconomics)

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September 18, 2025 /
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📘 Chapter 1: Introduction (Macroeconomics) 1. What is Economics? Economics is the study of how people and society choose to use scarce resources that have alternative uses, to produce goods and services and to distribute them among different […]
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