Welcome to Teach Tech Commerce! In this video, we thoroughly explain the *Circular Flow of Income* in macroeconomics — a crucial topic for Class 12 (Commerce) under CBSE, ICSE, and State Boards.
🔍 What you will learn:
• Meaning & concept of Circular Flow of Income
• Real flow vs Money flow
• Two‑sector, three‑sector, four‑sector models (Households, Firms, Government, Foreign Sector)
• Leakages (savings, taxes, imports) and Injections (investment, government spending, exports)
• Stock vs Flow concept
• How the circular flow ties into National Income / GDP
• Examples, diagrams, and exam tips
📚 Recommended books & references often used by schools:
NCERT Economics Class 12, S. Chand, Ramesh Singh, H.C. Verma’s “Introductory Macroeconomics”, Arihant’s PYQ collections.
✅ Why watch this:
Clear diagrams & step‑by‑step explanation
Emphasis on exam relevance for CBSE, ICSE & State Boards
Tips on how to remember leakages/injections, how questions are asked
👉 Don’t forget to *like, comment, share**, and **subscribe* to Teach Tech Commerce for more videos on Indian Economics, Macroeconomics, National Income, etc.
📌 Chapters you might also like:
Methods of calculating National Income (Income, Expenditure, Output)
Limits of GDP as welfare measure
Aggregate demand & supply
Fiscal policy, money & banking
📢 Let me know in comments: Did you prefer the 2‑sector, 3‑sector, or 4‑sector explanation? Which board are you from (CBSE, ICSE, State)? I’ll make more board‑specific videos soon.
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Thanks for learning with Teach Tech Commerce. All the best for your exams!
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