Class 12 Economics

Class 12 Economics rewards students who can hold definitions and their authors together. The Samacheer Kalvi syllabus covers the introduction to macro economics, national income and its measurement, theories of employment and income determination, consumption and investment functions, monetary economics, banking, international economics, fiscal economics, environmental economics, and an introduction to statistical methods and econometrics. One-mark questions very often ask who proposed a concept, which formula defines a term, or which of four statements about a policy is correct, so attaching a name and a year to each idea pays off directly. The articles below take the units in order with the definitions, formulas and economist names most likely to be asked.