This is Macroeconomics for Class 12 by Subhash Dey, published by Shree Radhey Publications, Edition 2026-27. 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. The cover states that it is strictly as per the latest CBSE syllabus, the New Education Policy and NCF-SE 2023.
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 treatment of items students routinely misclassify; 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 and exchange rate systems.
The national income unit is where the paper's difficulty concentrates. A numerical there is not hard arithmetic; it is a test of whether the student knows which items enter the calculation and which do not, and that judgement is built only by working through a large number of problems with the treatment of each item shown. This book carries that practice.
Subhash Dey's books are widely used at Class 12 commerce level because the theory is presented in the form an answer is expected to take rather than as continuous prose — which is what a paper marked on structured, point-wise answers rewards. Questions are given in the current CBSE formats alongside the theory.
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 Shree Radhey Publications
Macroeconomics for Class 12 (Class XII) by Subhash Dey
Edition 2026-27
Strictly as per the latest CBSE syllabus, New Education Policy and NCF-SE 2023
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
Theory set out in the form a board answer is expected to take
Objective, short answer and long answer questions in the current CBSE pattern
For the CBSE Class 12 economics board examination
Best used alongside the prescribed NCERT Introductory Macroeconomics textbook
यह पुस्तक श्री राधेय पब्लिकेशन्स द्वारा प्रकाशित Macroeconomics for Class 12 है, लेखक सुभाष डे; संस्करण 2026-27। ध्यान दें: यह पुस्तक पूर्णतः अंग्रेज़ी भाषा एवं रोमन लिपि में है — इसमें हिन्दी भाषा का प्रयोग नहीं है। यह नवीनतम CBSE पाठ्यक्रम, नई शिक्षा नीति तथा NCF-SE 2023 के अनुसार तैयार की गई 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 तथा भुगतान संतुलन सम्मिलित हैं। इस विषय की मुख्य कठिनाई राष्ट्रीय आय के संख्यात्मक प्रश्नों में है — कठिनाई गणना की नहीं, अपितु यह जानने की है कि कौन-सी मद सम्मिलित होगी और कौन-सी नहीं; यह निर्णय पर्याप्त अभ्यास से ही सधता है, और इस पुस्तक में मद-दर-मद उपचार सहित हल दिए गए हैं। सिद्धांत उसी बिंदुवार प्रारूप में है जिसमें बोर्ड परीक्षा में उत्तर अपेक्षित होता है।
