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Around 19 school boards from 14 states have adopted or adapted the books. [11] Those who wish to adopt the textbooks are required to send a request to NCERT, upon which soft copies of the books are received. The material is press-ready and may be printed by paying a 5% royalty, and by acknowledging NCERT. [11]
The poem Sabse Khatarnak by the Hindi poet Pash was included in the NCERT textbook for 11th standard Hindi students in 2006. In 2017, the BJP government affiliated RSS tried to remove it but failed. [25] [26] The NCERT made two controversial changes to the class XII political science textbook ‘Politics in India Since Independence’ in 2017.
A complete rewrite of The Economy 1.0, The Economy 2.0 brings together the latest research in economics and related disciplines, with the feedback CORE Econ have received over the years from committed instructors. Building on the successful features of The Economy 1.0, The Economy 2.0 introduces important innovations: [12]
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. [1] This includes regional, national, and global economies .
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Economics was the second Keynesian textbook in the United States, following the 1947 The Elements of Economics, by Lorie Tarshis.Like Tarshis's work, Economics was attacked by American conservatives (as part of the Second Red Scare, or McCarthyism), universities that adopted it were subject to "conservative business pressuring", and Samuelson was accused of Communism.
Marshall's original introduction of long-run and short-run economics reflected the 'long-period method' that was a common analysis used by classical political economists. However, early in the 1930s, dissatisfaction with a variety of the conclusions of Marshall's original theory led to methods of analysis and introduction of equilibrium notions.
The neoclassical synthesis is a macroeconomic theory that emerged in the mid-20th century, combining the ideas of neoclassical economics with Keynesian economics. The synthesis was an attempt to reconcile the apparent differences between the two schools of thought and create a more comprehensive theory of macroeconomics.