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Class 12 - Economics

1756 students enrolled

by Grooming Education Academy
Class 12 , Economics
Board: CBSE & State Boards , Language: Hinglish

Mode- Online
Contains- 195 Videos
Access Duration- 1 Year

WHAT WILL I LEARN?

How to score perfect 100 in economics. 

100+  Video lecture covering entire syllabus

Each topic with example exercise. 

 

Course Description

Chandan Poddar presents Class 12 Ecomonics Full course This includes high-quality video lectures and extensive study material, created by Chandan Sir, keeping in mind the level of preparation needed by the students to score maximum marks in their examination. This course helps the students familiarize themselves with the examination pattern and give them a clear knowledge of the topics that need to be studied in depth.

 

Curriculum

Unit 1. Introduction of Economics

  • #1 | Introduction of Economics Preview
  • #2 | Causes of Economic Problem
  • #3 | Central Problem of Economy
  • #4| Difference between Economic and Central Problem
  • #5 | PP curve (Production possibility curve) - Introduction and Assumptions
  • #6 | PP curve (Production possibility curve) - Exercise
  • #7 | Opportunity cost
  • #8 | Positive and normative economics
  • #9 | Solution of central problem under capitalist, socialist and mixed economy
  • #10 | Solution of central problem with the help of pp curve

Unit 2. Consumer Equilibrium & Demand

  • #1 | Consumer Equilibrium - Introduction
  • #2 | Consumer Equilibrium - TU and MU
  • #3 | Consumer Equilibrium - Relationship between TU and MU
  • #4 | Consumer Equilibrium - In case of one commodity
  • #5 | Consumer Equilibrium - In case of two commodities (Theoretical portion)
  • #6 | Consumer Equilibrium - In case of two commodities (Technical portion)
  • #7 | Indifference Curve -Introduction
  • #8 | Indifference Curve - Law of DMU and decreasing rate
  • #9 | Indifference Curve - Q & A
  • #10 | Budget Line- Budget line vs. Budget set with Equation of Budget line
  • #11 | Budget Line Slope of Budget line
  • #12 | Budget line - How to compute MRE ?
  • #13 | Budget Line - Shift of Budget Line
  • #14 | Consumer Equilibrium with the help of IC and Budget Line
  • #15 | Demand- definition
  • #16 | Factors affecting demand - Introduction
  • #17 | Factors affecting demand - Price
  • #18 | Factors affecting demand - other factors
  • #19 | Factors affecting demand Q & A
  • #20 | Law of demand
  • #21 | Other Important definitions
  • #22 | Reasons behind law of demand
  • #23 | Price elasticity of demand - Factors affecting Price elasticty of demnd
  • #24 | Price elasticity of demand - Geometric Method
  • #25 | Price elasticity of demand - Meaning and Percntage Method
  • #26 | Price elasticity of demand - Numerical
  • #27 | Price elasticity of demand - Total Expenditure Method
  • #28 | Unit -2 Complete Revision

Unit 3. Producer's Equilibrium

  • #1 | Law of Variable Proportion - Understanding of Variable & Fixed Factors, Short and Long Run
  • #2 | Law of Variable Proportion -Understanding of TP, MP and AP Preview
  • #3 | Law of Variable Proportion -Concept of Law of Variable Proportion
  • #4 | Law of Variable Proportion -Concept of Law of Variable Proportion (Example)
  • #5 | Law of Variable Proportion -Concept of Law of Variable Proportion (Diagram)
  • #6 | Cost - Meaning of Cost or Economic Cost
  • #7 | Cost - Meaning of Variable Cost and Fixed Cost
  • #8 | Cost - Meaning of Total Cost, Total Variable Cost, Total Fixed Cost
  • #9 | Cost - Diagram TC, TVC and TFC
  • #10 | Cost - Derivation of TC Curve
  • #11 | Cost - Cost AC, AVC, and AFC
  • #12 | Cost - AC Curve is U shaped
  • #13 | Cost - Marginal Cost
  • #14 | Cost - Numerical of Marginal Cost
  • #15 | Cost - Relationship between AC & MC Preview
  • #16 | Cost - Draw AC, AVC and MC in a single diagram
  • #17 | Revenue - Concept of Revenue, Total Revenue, Marginal Revenue andAverage Revenue
  • #18 | Revenue - Nature of revenue under perfect competition
  • #19 | Revenue - Nature of revenue under Imperfect competition
  • #20 | Revenue - Nature of revenue under Imperfect competition with diagram
  • #21 | Producer Equilibrium - Definition and Baisc Concepts
  • #22 | Producer Equilibrium - Perfect and Imperfect Competition, Relation btw Price and MC
  • #23 | Price Elasticity of Supply (Geometric Method)
  • #24 | Price Elasticity of Supply (Meaning and Percentage Method)
  • #25 | Supply - Introduction & Factor affecting Supply
  • #26 | Supply - Other factors
  • #27 | Unit -3 Complete Revision

Unit 4. Market

  • #1 | Introduction & Perfect Competition - Large number of sellers implication
  • #2 | Perfect Competition - Main Features
  • #3 | Determination of Price under perfect competition
  • #4 | Impact of change in demand on equlibrim price
  • #5 | Impact of change in supply on equlibrim price
  • #6 | Simultaneous increase and decrease in Demand and Supply
  • #7 | Perfect Competition - Other features
  • #8 | Monopoly Market
  • #9 | Monopolistic Competition
  • #10 | Price Ceiling - Maximum Price ceiling
  • #11 | Price Ceiling - Minimum Price ceiling
  • #12 | Oligopoly market

Unit 5A. National Income - Basics

  • #1 | Domestic income and National income
  • #2 | Difference between Domestic income and National Income Preview
  • #3 | Concept of market price and factor cost
  • #4 | Introduction to Value Addition Method
  • #5 | Compute National income with Value Addition method
  • #6 | Sector based Sum of Value Addition
  • #7 | Value Addition method Numerical -1
  • #8 | Sales and Purchases using Value Addition method
  • #9 | Value addition Method Numericals -2
  • #10 | Derivation of Income Distribution method
  • #11 | Income Distribution Method - Compensation of Employees
  • #12 | Income Distribution Method - other component of factor payment (Operating Surplus)
  • #13 | Income Distribution Method Numerical
  • #14 | Expenditure method - Introduction and Derivation
  • #15 | Expenditure method - Derivation
  • #16 | Expenditure method - Numerical
  • #17 | Reconcillation and summary of Value added, income and expenditure method
  • #18 | What is Transfers and why not included in National Income or Domestic Income..
  • #19 | Transfer by Govt. and Rest of world & Disposable Income
  • #20 | Real and Nominal GDP and Price Index Preview
  • #21 | Welfare, Green GNP and GDP.
  • #22 | National Disposable income with Numerical | (Not In CBSE Syllabus)
  • #23 | Private Income | (Not In CBSE Syllabus)
  • #24 | Personal income and Personal Disposable income | (Not In CBSE Syllabus)
  • #25 | Numerical on Personal Disposable income | (Not In CBSE Syllabus)

Unit 5B . National Income - Advance

  • #1 | What is included in National Income and Domestic Income
  • #2 | What is Transfers and why not included in National Income or Domestic Income
  • #3 | Whether Pensions are included in National Income
  • #4 | When Expenditures are included in National Income or Domestic Income
  • #5 | Expenditures on Second hand goods and Financial Assets
  • #6 | When Interest Payments are included in National Income Domestic Income
  • #7 | What is imputed value and whether it is included in National Income
  • #8 | Summary what is included and what is excluded from National Income

Unit 5C . National Income - Expertise

  • #1 | Meaning of Economic Territory
  • #2 | Meaning of Resident and how it is different from Citizenship
  • #3 | Demand for Domestic Goods and Domestic Demand for Goods
  • #4 | Definitions of GDP ,NDP, GNP and NNP
  • #5 | Definition of goods, capital goods and consumption goods
  • #6 | Meaning of Investments or Capital Formation
  • #7 | Stock and flows
  • #8 | Cicular flow of income
  • #9 | Intermediated goods Exclusive Points
  • #10 | Problem of Double Counting
  • #11 | Precautions of Value Added Method, Income Method and Expenditure Method

Unit 6A. Determination of Income and Employment - Basics

  • #1 | Meaning of AD and components of AD
  • #2 | Meaning of AS and why it is equal o national income
  • #3 | Propensity to consume and save - Meaning of APC, APS, MPC and MPS
  • #4 | Relationship between APC -APS and MPC - MPS
  • #5 | Autonomous consuption - minimum level of consumption
  • #6 | Minimum and maximum values of MPC and MPS
  • #7 | Consumption function and savings function
  • #8 | Break even point and significance of 45 degree line
  • #9 | Derivation of conspumtion curve from savings curve and savings curve from consumption curve
  • #10 | Numerical on consumption function, savings function and break even point
  • #11 | Derivation of aggregate demand curve
  • #12 | Determination of equilibrium lvel of national income from AD-AS approach - Part - 1
  • #13 | Determination of equilibrium level of national income from AD-AS approach - Part - 2
  • #14 | Determination of equilibrium lvel of national income from savings and investment approach
  • #15 | Simultaneous equilibrium level of national income from AD-AS and S-I approach
  • #16 | Concept of full employment
  • #17 | Concept of excess demand or inflationary gap
  • #18 | Measures to control excess demand - Fiscal measures and Monetary measures
  • #19 | Measures to control excess demand - Monetary measures - Quantitative
  • #20 | Measures to control excess demand - Monetary measures - Qualitative
  • #21 | Investment Multiplier (Part 1)
  • #22 | Investment multiplier (Part 2)
  • #23 | Numerical on determination of income and employment

Unit 6B. Determination of Income and Employment - Advance and Expertise

  • #1 | Factors affecting consumption expenditure
  • #2 | Factors affecting private investment expenditure
  • #3 | Government expendiures and Foreign expenditures
  • #4 | Components of Aggregate supply
  • #5 | Induced consumption and savings

Unit 7. Money and Banking

  • #1 | Money and banking Money (Part -1)
  • #2 | Money and banking | drawbacks of barter system and secondary functions of money(Part-2)
  • #3 | Money and banking | Money supply money stock (Part-3)
  • #4 | Money and banking | banking basic definitions (Part 4) .
  • #5 | Money Multiplier and Deposite Multiplier (Part-5)
  • #6 | Money and banking | functions of central bank | (Part-6)

Unit 8. Government Budget

  • #1 | Introduction
  • #2 | Budgeted Receipts - Capital and revenue reciepts
  • #3 | Budgeted Receipts - Non tax revenue reciepts
  • #4 | Budgeted Expenditures
  • #5 | Deficit in Budget - Revenue Deficit
  • #6 | Deficit in Budget - Fiscal Deficit
  • #7 | Deficit in Budget - Primary Deficit
  • #8 | Objectives of government Budget

Unit 9. Balance of Payments

  • #1 | Foreign exchange
  • #2 | Types of fixed exchange rate system
  • #3 | Depreciation and Appreciation of currency
  • #4 | Demand for Foreign exchange
  • #5 | Supply of Foreign Exchange
  • #6 | Impact on Foreign exchage rate due to change in demand and supply
  • #7 | Current Account
  • #8 | Capital Account

#missionsrcc | Special DISH by Chandan sir !! WOWW series !!

  • #1 | Execlusive Series | Common Mistakes | How to write paper ?
  • #2| Exclusive series | Common Mistakes | Introduction | (Unit -1)
  • #3 | Exclusive series | Common Mistakes | Demand and Consumer Equilibrium | (Unit- 2)
  • #4| Exclusive series | Common Mistakes | (Unit -3) | (Part - 1)
  • #5 | Exclusive series | Common mistakes| (Unit -3) | (Part-2)
  • #6 | Exclusive series | Common mistakes | (Unit -3) | (Part-3)
  • #7 | Exclusive series | Common mistakes | Market | (Unit-4)
  • #8| Exclusive series | Common mistakes | National income | (Unit-5)
  • #9 | Exclusive series | Common mistakes | Determination of Income and Employment | (Unit-6)
  • #10 | Exclusive series | Common Mistakes | Money and Banking | (Unit-7)
  • #11 | Exclusive series | Common mistakes | Government Budget | (Unit-8)
  • #12 | Exclusive series | Common mistakes | Balance of Payments | (Unit-9)

Micro economics | Most Important Questions | 25 quesions = 70% paper

  • Micro economics | Most Important Questions | 25 quesions = 70% paper

Macro economics | Most Imporatant theory questions

  • Macro economics | Most Imporatant theory questions

GRAPHS AT ONE GLANCE

  • #1 | Economics | Unit- 1 | Introduction Graphs at one glance
  • #2 | Economics | Unit -2 | Consumer equilibrium Graphs at one glance Preview
  • #3 | Economics | Unit 2 | Demand and price elasticity of demand Graphs at one glance
  • #4 | Economics | Unit- 3 | Law of variable proportion Graphs at one glance
  • #5 | Economics | Unit- 3 | COST Graphs at one glance
  • #6 | Economics | Unit- 3 | Revenue Graphs at one glance
  • #7 | Economics | Unit- 3 | Producer equilibrium Graphs at one glance
  • #8 | Economics | Unit- 3 | Supply Graphs at one glance
  • #9 | Economics | Unit- 4 | Market Graphs at one glance
  • #10 | Economics | Unit- 6 | Determination of Income and Expenditure Graphs at one glance

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About Grooming Education Academy

Grooming Education Academy

Commerce | Complete Commerce Guru | 11+ years Experience | Chandan Poddar is an author, a passionate teacher and a research scholar. Commerce being his area of interest, he has penned down a lot of books related to Accounts, Business Studies and Economics.

STUDENT'S FEEDBACK

1000 499

Includes 18% GST

Mode- Online

Contains- 195 Videos

Access Duration- 1 Year