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  • Holiday Homework XII Summer

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    Chris George
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    This document provides homework assignments for Class XII C & D Economics. It includes questions related to macroeconomics unit 1 concepts like the circular flow of income, factors of production, sectors of the economy, types of goods, methods of calculating national income, real vs nominal GDP, national income vs domestic income, transfer income, aggregates related to national income, the impact of GDP on welfare, externalities, depreciation, and precautions when calculating national income. Students are asked to read chapters from the NCERT book, write notes, answer short questions from the chapters, and make presentations on topics like the circular flow, factors of production, sectors of the economy, and Indian economic development including GST and demonetization.

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    This document provides homework assignments for Class XII C & D Economics. It includes questions related to macroeconomics unit 1 concepts like the circular flow of income, factors of production, sectors of the economy, types of goods, methods of calculating national income, real vs nominal GDP, national income vs domestic income, transfer income, aggregates related to national income, the impact of GDP on welfare, externalities, depreciation, and precautions when calculating national income. Students are asked to read chapters from the NCERT book, write notes, answer short questions from the chapters, and make presentations on topics like the circular flow, factors of production, sectors of the economy, and Indian economic development including GST and demonetization.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views2 pages

    Holiday Homework XII Summer

    Uploaded by

    Chris George
    This document provides homework assignments for Class XII C & D Economics. It includes questions related to macroeconomics unit 1 concepts like the circular flow of income, factors of production, sectors of the economy, types of goods, methods of calculating national income, real vs nominal GDP, national income vs domestic income, transfer income, aggregates related to national income, the impact of GDP on welfare, externalities, depreciation, and precautions when calculating national income. Students are asked to read chapters from the NCERT book, write notes, answer short questions from the chapters, and make presentations on topics like the circular flow, factors of production, sectors of the economy, and Indian economic development including GST and demonetization.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    Summer Holiday Home work

    Class XII C & D Economics 21-22


    Macroeconomics Unit 1
    *Note- Read two chapters of Unit 1 of Macro from NCERT BOOK and Note down the highlighted
    words and try to understand them.
    *Write the notes in Home Work Notebook and learn properly.
    Q1 Explain the circular flow of income in two sector economy with proper diagram.
    Q2 What are the factors of production? Explain the four Factors of production and
    remuneration / reward which these factors receives in return.
    Q3 Explain the four Sectors of an economy.
    Q4 Explain the types of goods (final and intermediate) with ten examples of each.
    Q5 What are the different methods of calculation of National income? Explain all the three
    methods in detail.
    Q6 Differentiate between Stock and Flow with ten examples of each?
    Q7 Differentiate between Real GDP and Nominal GDP? What is Deflator? Write its formula and
    calculate deflator with your own example.
    Q8 Explain Net Factors income from Abroad (NFIA).Difference between factor income and
    Transfer Income
    Q9 Differentiate between National income and domestic income?
    Q10 What is transfer income explain with examples? Is it included in NI calculation? Why so?
    Q11 Derive and Explain the Aggregates related to National Income?(GDPmp to GNPmp to NNPmp
    to NNPfc etc total 8 identities).
    Q12 Do you think that increase in GDP will increase the welfare of socity? Explains in detail.
    Q13 What are the positive and negative externalities? Whether externalities are helpful in
    increase GDP explain with examples?
    Q14 What is depreciation? Role of Depreciation in National Income?
    Q15 What are the Precaution to be taken while calculation of National Income in all the three
    Methods?
    Task1 Make a PPT on Unit 1of Macroeconomics.
    Indian economic Development Chapter 1,2,3 and GST and Demonetization)
    Task 1 Read Three chapters of IED from NCERT BOOK and Note down the highlighted words
    and try to understand them.
    Task 2 Note down 25 Very short question and answer from each chapter of IED in your
    homework note books and Highlight in your NCERT Text Book.
    Task 3 Make a PPT on any chapter out of Three Chapters including GST and Demonetization.

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