Class 12 Economics Chapter 4: Determination of Income & Market Equilibrium | Complete Explaination

Описание: In this video, Varsha Sharma Ma'am provides a detailed explanation of Class 12 Macroeconomics Chapter 4: Determination of Income and Employment. This "One Shot" video covers everything you need to know about Market Equilibrium, Aggregate Demand, and how national income is determined in an economy.

Class 12 Economics Chapter 4: Determination of Income & Market Equilibrium | Complete Explaination By Varsha Sharma Ma'am | Himalaya Edu Hub,Jaipur.

📚 Topics Covered in This Video:

🔥 Concept of Aggregate Demand (AD) and Aggregate Supply (AS)
🔥 Determination of Equilibrium Level of Income
🔥 AD-AS Approach & S-I (Saving-Investment) Approach
🔥 Meaning of Market Equilibrium
🔥 Investment Multiplier and its working
🔥 Problems of Excess Demand and Deficient Demand (if covered)

Timestamp:
[00:00:00] Introduction: Keynesian Theory & Market Forces
[00:02:04] What is Aggregate Demand (AD)?
[00:03:16] Autonomous vs. Induced Consumption (C & Y)
[00:05:41] Planned Inventory: How Stocks Signal Production
[00:08:53] The Equilibrium Condition (AD = AS)
[00:09:57] Graphical Representation of Equilibrium Point
[00:11:39] Investment Multiplier & Shift in AD Curve
[00:13:24] The Chain Reaction of Income Generation
[00:17:35] Investment Multiplier Formula & Concept
[00:19:28] Equilibrium vs. Full Employment (Unemployment at Equilibrium)
[00:22:15] Deficient Demand (Deflationary Gap)
[00:23:04] Excess Demand (Inflationary Gap)
[00:27:14] 3 Important Formulas for Exam Numericals
[00:28:58] The Paradox of Thrift (Why Saving Can Be Bad for Economy)
[00:29:51] Conclusion & Wrap Up

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