Determination of Income and Employment Simplified in ONE SHOT: Class 12 Economics

Описание: Welcome to the comprehensive Class 12 Economics tutorial on Macroeconomics Chapter 4 "Determination of Income and Employment." In this video, we dive deep into the fundamental concepts that play a crucial role in understanding the dynamics of income generation and employment in an economy.

Here's what you will learn in this one-shot video on the Determination of Income and Employment:

0:00 Introduction
0:45 ex-ante and ex-post variables
03:39 Aggregate Demand
04:54 Components of Aggregate Demand
07:36 Consumption Expenditure (function, MPC, graph)
33:01 Savings (function, MPS, graph)
45:20 Average Propensity to Consume and Save
45:44 Demand for Private Investment
53:35 Aggregate Supply
56:05 Determination of Equilibrium Level of Income
56:51 Consumption plus Investment (C+I) Approach
01:03:15 Saving and Investment (S-I) Approach
01:08:19 Investment Multiplier
01:12:48 Working of Multiplier
01:19:31 Paradox of Thrift
01:21:50 Excess Demand (Inflationary Gap)
01:27:56 Remedy for Excess Demand
01:33:45 Deficient Demand
01:35:44 Remedy for Deficient Demand
01:36:35 Involuntary unemployment, voluntary unemployment, full employment

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