Introductory Macroeconomics – Textbook in Economics for Class – 12 – 12105 + Accountancy Financial Accounting Part – 2 for Class – 11- 11112 (Set of 2 Books)

Introductory Macroeconomics – Textbook in Economics for Class – 12 – 12105The 2014 edition of Introductory Macroeconomics – Textbook in Economics helps the students of class 12 to study the branches of economics that cover the behaviour and performance of an economy as a whole. It has been published by NCERT and closely maintains parity with the syllabus that has been laid out by the CBSE. The Contents of the Book are as Follows: • INTRODUCTION • Emergence of Macroeconomics • Context of the Present Book of Macroeconomics • 2. NATIONAL INCOME ACCOUNTING • Some Basic Concepts of Macroeconomics • Circular Flow of Income and Methods of Calculating National Income – The Product or Value Added Method – Expenditure Method – Income Method • Some Macroeconomic Identities • Goods and Prices • GDP and Welfare • 3. MONEY AND RANKING • Functions of Money • Demand for Money – The Transaction Motive – The Speculative Motive • The Supply of Money – Legal Definitions: Narrow and Broad Money – Money Creation by the Banking System – Instruments of Monetary Policy and the Reserve Bank of India • 4. INCOME DETERMINATION • Ex-ante and Ex-post • Movement Along a Curve versus Shift of a Curve • The Short Run Fixed Price Analysis of The Product Market – A Point on the Aggregate Demand Curve – Effects of an Autonomous Change on, Equilibrium Demand in the Product Market – The Multiplier Mechanism • 5. THE Government: BUDGET AND THE ECONOMY • Components of the Government Budget – The Revenue Account – The Capital Account – Measures of Government Deficit • Fiscal Policy – Changes in Government Expenditure – Changes in Taxes – Debt • 6. Open ECONOMY macroeconomics • The Balance of Payments – BoP Surplus and Deficit • The Foreign Exchange Market – Determination of the Exchange Rate – Flexible Exchange Rates – Fixed Exchange Rates – Managed Floating -Exchange Rate Management: The International Experience • The Determination of Income in an Open Economy – National Income Identity for an Open Economy – Equilibrium Output and the Trade Balance • Trade Deficits, Savings and Investment Salient Features of the Textbook: • Helps the students understand and analyse all aggregate indicators and the macroeconomic factors that influence the economy. • Helps the students to understand how the government and corporations use macroeconomic models to help in formulating economic policies and strategies. • Includes interactive database that is full of graphs and schematic representations of data, which not only makes it easy to grasp the basic concepts but also easy to memorise.Accountancy Financial Accounting Part – 2 for Class – 11- 11112A boon for the students of class 11, this textbook of Accountancy Financial Accounting (Part – 2) has been published by NCERT. It maintains strict parity with the syllabus and guidelines that have been prescribed by the CBSE. It comes enriched with content that is written in simple language so that the students can grasp the core concepts of Accountancy quite easily. Topics Covered in the Textbook Chapter 9: Financial Statements • Stakeholders and Their Information Requirements • Distinction between Capital and Revenue • Financial Statements • Trading and Profit and Loss Account • Operating Profit (EBIT) • Balance Sheet • Opening Entry Chapter 10: Financial Statements • Need for Adjustments • Closing Stock • Outstanding Expenses • Prepaid Expenses • Accrued Income • Income Received in Advance • Depreciation • Bad Debts • Provision for Bad and Doubtful Debts • Provision for Discount on Debtors • Manager’s Commission • Interest on Capital • Methods of Presenting the Financial Statements Chapter 11: Accounts from Incomplete Records • Meaning of Incomplete Records • Reasons of Incompleteness and its Limitations • Ascertainment of Profit and Loss • Preparing Trading and Profit and Loss Account and the Balance Sheet Chapter 12: Applications of Computers in Accounting • Meaning and Elements of Computer System • Capabilities of Computer System • Limitations of a Computer System • Components of Computer • Evolution of Computerised Accounting • Features of Computerised Accounting System • Management Information System and Accounting Information System Chapter 13: Computerised Accounting System • Concept of Computerised Accounting System • Comparison between Manual and Computerised Accounting494 • Advantages of Computerised Accounting System • Limitations of Computerised Accounting System • Sourcing of Accounting Software • Generic Considerations before Sourcing an Accounting Software Chapter 14: Structuring Database for Accounting • Data Processing Cycle • 14Designing Database for Accounting • Entity Relationship (ER) Model • Database Technology • An Illustration of Accounting Database • Relational Data Model • Relational Databases and Schemas • Constraints and Database Schemas • Operations and Constraint Violations • Designing Relational Database Schema • llustrating the Database Structure for Example Realities • Interacting with Databases Chapter 15: Accounting System Using Database Management System • MS Access and its Components • Creating Tables and Relationships for Accounting Database • Vouchers Using Forms • Information Using Queries • Generating Accounting Reports Salient Features of the Textbook: • The chapters that have been divided into several subsections so that the students can learn all of the elementary concepts, one at a go. • Exercises at the end of each chapter let the students self-assess their acquired knowledge base. • The pre-solved examples let the students understand each and every step of a problem clearly so as to enable them to further do it all by themselves.