In this class , students will learn the concept of invesment multiplier. This class is ultimately beneficial for class 12 boards students for ECONOMICS subject. This concept is every year asked by cbse and other boards.
Complete mathematical derivations will be involved in this class.
Things to learn:
1. what s investment multiplier?
2. Real example of Indian Economy?
3. Understanding Relation between investment multiplier , MPC AND MPS.
4. Numericals discussed pertaining to above sections .
This concept involves how an economy enters into depression and how an economy comes out of slowdown. A prerequisite for the above class is knowledge of derivatives , which is a mathematical tool, widely used in economic application . However ARTS student who havent studied about this concept can also learn a lot of things from this master class. AS i focussed majorily on concept building and concept application .
In this master class u can get to know about how the slowdown actually happen in india last year during corona ERA.