This is Introductory Macroeconomics for Class XII by T.R. Jain and V.K. Ohri, published by VK Global Publications. It is an English medium (Roman script) book — the complete text, numericals, solutions and question sets are in English, and there is no Hindi content in it. It is prepared for the CBSE Class 12 economics course, following the latest CBSE syllabus.
Macroeconomics is one of the two halves of the Class 12 economics paper, the other being Indian Economic Development. The book covers the prescribed course: national income and related aggregates — the circular flow of income, the value added, income and expenditure methods, GDP and welfare, and the classification of items that students most often get wrong; money and banking — functions and supply of money, commercial banks and credit creation, and the functions of the Reserve Bank of India; determination of income and employment — aggregate demand and supply, consumption and saving functions, the investment multiplier, and excess and deficient demand with their corrective measures; government budget and the economy — objectives, receipts, expenditure and the types of deficit; and balance of payments — its components, autonomous and accommodating transactions, and exchange rate determination.
Jain and Ohri's economics books are known for the way the theory is broken down. Each concept is stated, then illustrated with a numerical or a diagram, then followed by the question forms the board uses — very short answer, short answer, long answer, and objective. For a subject where a definition asked for three marks needs a particular structure, that layout is what makes the book usable for writing practice rather than only reading.
The national income unit carries most of the paper's numerical difficulty, and it is worked here in detail with the treatment of individual items shown rather than assumed.
The book is used alongside the prescribed NCERT Introductory Macroeconomics, which remains the source the board sets its questions on.
Key Features:
English medium book — complete content written in English (Roman script), no Hindi content
Published by VK Global Publications
Introductory Macroeconomics for Class XII (Class 12) by T.R. Jain and V.K. Ohri
As per the latest CBSE syllabus
Covers National Income and Related Aggregates — circular flow and the three methods
Covers GDP and welfare, and the classification of items in national income
Covers Money and Banking — money supply, commercial banks, credit creation and the RBI
Covers Determination of Income and Employment — aggregate demand, multiplier, excess and deficient demand
Covers Government Budget and the Economy — receipts, expenditure and types of deficit
Covers Balance of Payments — components, transactions and exchange rate systems
National income numericals worked with item-by-item treatment shown
Concepts stated, illustrated with diagrams, then followed by exam-format questions
Very short answer, short answer, long answer and objective questions with each chapter
For the CBSE Class 12 economics board examination
Best used alongside the prescribed NCERT Introductory Macroeconomics textbook
यह पुस्तक वीके ग्लोबल पब्लिकेशन्स द्वारा प्रकाशित Introductory Macroeconomics — कक्षा XII (कक्षा 12) है, जिसके लेखक टी.आर. जैन एवं वी.के. ओहरी हैं। ध्यान दें: यह पुस्तक पूर्णतः अंग्रेज़ी भाषा एवं रोमन लिपि में है — इसमें हिन्दी भाषा का प्रयोग नहीं है। समष्टि अर्थशास्त्र कक्षा 12 अर्थशास्त्र प्रश्न-पत्र का एक भाग है (दूसरा भाग भारतीय आर्थिक विकास)। इसमें राष्ट्रीय आय एवं संबंधित समुच्चय (आय का चक्रीय प्रवाह, मूल्य वर्धित विधि, आय विधि एवं व्यय विधि, GDP एवं कल्याण), मुद्रा एवं बैंकिंग (मुद्रा की पूर्ति, वाणिज्यिक बैंक, साख निर्माण एवं रिज़र्व बैंक के कार्य), आय एवं रोज़गार का निर्धारण (समग्र माँग एवं पूर्ति, उपभोग एवं बचत फलन, निवेश गुणक, अधिक एवं न्यून माँग तथा उपचारात्मक उपाय), सरकारी बजट एवं अर्थव्यवस्था (प्राप्तियाँ, व्यय एवं घाटे के प्रकार) तथा भुगतान संतुलन सम्मिलित हैं। पुस्तक की विशेषता यह है कि प्रत्येक संकल्पना पहले स्पष्ट रूप में दी गई है, फिर आरेख अथवा संख्यात्मक उदाहरण से समझाई गई है, और उसके बाद बोर्ड के प्रश्न-प्रारूपों (अति लघु, लघु, दीर्घ एवं वस्तुनिष्ठ) में प्रश्न दिए गए हैं। राष्ट्रीय आय के संख्यात्मक प्रश्न मद-दर-मद उपचार सहित हल किए गए हैं। बोर्ड के प्रश्न NCERT पर आधारित होते हैं, अतः इसे NCERT पुस्तक के साथ प्रयोग करें।
