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Different economic definitions have been suggested, including the definition of' economics' as' what economists do.' Political economy was the earlier term for' economics.' It is adapted from the French Mercantilist use of economic policy, which extended the economy from the ancient Greek term for household management to the national realm as state affairs public administration. Sir James Steuart (1767) wrote the title of the first novel in English with' political economy' as follows: Economy in general (is) the art of providing for all the needs of a family, [ so the science of political economy ] seeks to secure for all the inhabitants a certain subsistence fund, to avoid any circumstances that might make it precarious ; to provide everything necessary to meet the needs of society and to employ the inhabitants.
You can download Free NCERT Solutions for Class 12th Economics for the first and second terms of 2021-2022 from the NCERT (National Council of Educational Research and Training). Our experienced Economics teacher has supplied all of these solutions to aid pupils in their board exam preparations. There are a total of 15 chapters in NCERT maths class 12 that are included in the CBSE syllabus.Students who are looking for chapter-by-chapter NCERT Solutions for Class 12 Economics can discover well-reviewed and simple solutions here. These solutions are the most effective study materials and tools for the CBSE and UP Board Class 12 board exams.
NCERT Solutions For Class 12th Economics All Chapters For First And Second Term Exams 2021-2022 |
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|---|---|---|
| Chapters | ||
| Introductory Microeconomics | ||
| Chapter 1 : Introduction | ||
| Chapter 2 : Theory Of Consumer Behaviour | ||
| Chapter 3 : Production And Costs | ||
| Chapter 4 : The Theory Of The Firm Under Perfect Competition | ||
| Chapter 5 : Market Equilibrium | ||
| Chapter 6 : Non-Competitive Markets | ||
| Introductory Macroeconomics | ||
| Chapter 1 : Introduction | ||
| Chapter 2 : National Income Accounting | ||
| Chapter 3 : Money And Banking | ||
| Chapter 4 : Determination of Income and Employment | ||
| Chapter 5 : The Government : Budget And The Economy | ||
| Chapter 6 : Open Economy Macroeconomics | ||
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