Commerce Exam > Commerce Notes > Economics Class 12 > Scanner Chapter -1 & 2- Introduction (Macro Economics)
Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce PDF Download
Introduction (Macro Economics)
Q.1. Define Macro economics.
Q.2. Give two examples of Macro economics and two examples of micro economics.
Q.3. State related branch of economics for
- Cotton Textile Industry
- Price determination of a commodity
Q.4. Why is study of the problem of unemployment in India considered a macro economic study?
Q.5. Give two examples of the study of aggregates of the economic system.
Q.6. Is Study of problems of agricultural labour in India a macroeconomics study?
Q.7. Is Study of wages of Computer engineers in India a microeconomics study?
Q.8. State whether the following are Stock or Flow Variables.
- Population
- Wealth
- No. of Birth
- Cement Production
- Investment
- Expenditure on food by household
- Deposit in saving account of a Bank
Q.9. What are stock variables? (1 mark)
Q.10. Define flow variable. (1 mark)
Q.11. Distinguish between stocks and flows. Give two examples of each. (4 marks)
Q.12. Flow of Goods & services and factors of production across different sectors in a barter economy is known as: (1 mark)
Scanner Chapter -2
Q.1. What is the principle of circular flow of income and product?
Q.2. Describe the four major sectors in an economy according to the macro economic point of view.
Q.3. Why should the aggregate final expenditure of an economy be equal to the Aggregate factor payment?
Q.4. Distinguish between stock and flow. Between net investment and capital which is stock and which is flow? Compare it with flow of water into the tank.
General Questions
Q.1. Give an example of money flow from household and firm to govt. and govt. to household and producing sector.
Q.2. State whether the following are Stock or Flow Variables.
- Exports and imports
- Distance between delhi and Lucknow
- Speed of a car
- Amount of capital
- Capital formation / Investment
- Total money supply
- Changes in Money supply
- Total number of houses in a city
- Construction of houses during a year
- Monetary Expenditure
- Hundred rupee note
- Service of Tutor
- Machinery of Sugar Mill
- No. of birth
Q.3. Write an equation corresponding to a circular flow model which shows national income of a country.
Q.4. Explain how national income and national products are identical in a circular flow model.
Q.5. Explain
- how income flows?
- how the flow of income is circular?
Q.6. Give the alternative name of Macro economic theory.
Q.7. What are the two main problems studied in macro economics?
Q.8. Define say’s law of market.
Q.9. Household and Firm depend upon each other in the circular flow of income. Justify with two sector model.
Q.10. Circular Flow model establishes the equality between production, income and
expenditure. Explain.
The document Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce is a part of the Commerce Course Economics Class 12.
All you need of Commerce at this link: Commerce
|
64 videos|275 docs|52 tests
|
FAQs on Scanner Chapter -1 & 2- Introduction (Macro Economics) - Economics Class 12 - Commerce
| 1. What is macroeconomics? |  |
Ans. Macroeconomics is a branch of economics that deals with the study of the economy as a whole, including its performance, structure, and behavior. It focuses on analyzing aggregate indicators like national income, inflation, unemployment, and economic growth.
| 2. What are the main objectives of macroeconomics? | |
Ans. The main objectives of macroeconomics are to achieve full employment, maintain price stability, and ensure sustainable economic growth. This is done by analyzing and managing economic policies like fiscal policy, monetary policy, and trade policy.
| 3. What is the difference between microeconomics and macroeconomics? | |
Ans. Microeconomics is concerned with the study of individual economic units like households, firms, and industries, while macroeconomics focuses on the study of the economy as a whole. Microeconomics analyzes the behavior of individual agents in the market, while macroeconomics analyzes the overall performance of the economy.
| 4. What are the major macroeconomic indicators? | |
Ans. The major macroeconomic indicators are Gross Domestic Product (GDP), Inflation Rate, Unemployment Rate, Balance of Trade, and Government Budget Deficit. These indicators provide an overall picture of the economy's health and performance.
| 5. What is the role of government in macroeconomics? | |
Ans. The government plays a crucial role in macroeconomics by implementing economic policies like fiscal policy, monetary policy, and trade policy. These policies aim to achieve macroeconomic objectives like full employment, price stability, and economic growth. The government also regulates the financial sector, provides public goods and services, and manages international trade.
Related Exams
About this Document
|
16.5K Views |
|
4.98/5 Rating |
|
Dec 27, 2024 Last updated |
Document Description: Scanner Chapter -1 & 2- Introduction (Macro Economics) for Commerce 2024 is part of Economics Class 12 preparation.
The notes and questions for Scanner Chapter -1 & 2- Introduction (Macro Economics) have been prepared according to the Commerce exam syllabus. Information about Scanner Chapter -1 & 2- Introduction (Macro Economics) covers topics
like Introduction (Macro Economics), Scanner Chapter -2, General Questions and Scanner Chapter -1 & 2- Introduction (Macro Economics) Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Scanner Chapter -1 & 2- Introduction (Macro Economics).
Introduction of Scanner Chapter -1 & 2- Introduction (Macro Economics) in English is available as part of our Economics Class 12
for Commerce & Scanner Chapter -1 & 2- Introduction (Macro Economics) in Hindi for Economics Class 12 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce
Description
Full syllabus notes, lecture & questions for Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Economics Class 12 | Best notes, free PDF download
Information about Scanner Chapter -1 & 2- Introduction (Macro Economics)
In this doc you can find the meaning of Scanner Chapter -1 & 2- Introduction (Macro Economics) defined & explained in the simplest way possible. Besides explaining types of
Scanner Chapter -1 & 2- Introduction (Macro Economics) theory, EduRev gives you an ample number of questions to practice Scanner Chapter -1 & 2- Introduction (Macro Economics) tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
MCQs
,Summary
,Objective type Questions
,Extra Questions
,Previous Year Questions with Solutions
,practice quizzes
,Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce
,mock tests for examination
,Semester Notes
,Exam
,study material
,Viva Questions
,past year papers
,Important questions
,Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce
,shortcuts and tricks
,Scanner Chapter -1 & 2- Introduction (Macro Economics) | Economics Class 12 - Commerce
,video lectures
,Free
,ppt
,Sample Paper
;
Additional Information about Scanner Chapter -1 & 2- Introduction (Macro Economics) for Commerce Preparation
Scanner Chapter -1 & 2- Introduction (Macro Economics) Free PDF Download
The Scanner Chapter -1 & 2- Introduction (Macro Economics) is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Scanner Chapter -1 & 2- Introduction (Macro Economics) now and kickstart your journey towards success in the Commerce exam.
Importance of Scanner Chapter -1 & 2- Introduction (Macro Economics)
The importance of Scanner Chapter -1 & 2- Introduction (Macro Economics) cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Scanner Chapter -1 & 2- Introduction (Macro Economics) Notes
Scanner Chapter -1 & 2- Introduction (Macro Economics) Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Scanner Chapter -1 & 2- Introduction (Macro Economics).
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Scanner Chapter -1 & 2- Introduction (Macro Economics) Notes on EduRev are your ultimate resource for success.
Scanner Chapter -1 & 2- Introduction (Macro Economics) Commerce Questions
The "Scanner Chapter -1 & 2- Introduction (Macro Economics) Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Scanner Chapter -1 & 2- Introduction (Macro Economics) on the App
Students of Commerce can study Scanner Chapter -1 & 2- Introduction (Macro Economics) alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Scanner Chapter -1 & 2- Introduction (Macro Economics),
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Scanner Chapter -1 & 2- Introduction (Macro Economics) is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup