CBSE Grade 12 Economics: Revision Notes Notes 1 Notes 2 Notes 3 1. Concept of Demand2.Elasticity of Demand3.National income 4. Government Budget 4.Measurement of National Income 5.Money 8.Income Determination and Multiplier9.Excess Demand and Deficient Demand 10.Government budget and the economy11.Foreign Exchange rate12.Balance of Payment 3. Money and BankingÂ