Class 12 Macro Economics: Open Economy Macroeconomics
6 marksChapter 12: Balance of Payments — learn the structure of the balance of payments, components of the current and capital accounts, and the difference between balance of trade and balance of payments. CBSE Class 12 Macroeconomics notes covering 4 topics: Introduction to Balance of Payments, Components of Current Account, Components of Capital Account, and Balance of Trade vs Balance of Payments.
Units(2)
Balance of Payments
Chapter 12: Balance of Payments — learn the structure of the balance of payments, components of the current and capital accounts, and the difference between balance of trade and balance of payments. CBSE Class 12 Macroeconomics notes covering 4 topics: Introduction to Balance of Payments, Components of Current Account, Components of Capital Account, and Balance of Trade vs Balance of Payments.
Foreign Exchange
Chapter 11: Foreign Exchange Rate — understand the meaning of foreign exchange, fixed, flexible and managed floating rate systems, how exchange rates are determined, and the functions of the foreign exchange market. CBSE Class 12 Macroeconomics notes covering 4 topics: Foreign Exchange and Exchange Rate, Types of Exchange Rate Systems, Determination and Changes in Exchange Rate, and Foreign Exchange Market.