Determination of Income & Employment | AD–AS Model | Equilibrium Income | Excess Demand & Supply

Welcome to Mayank’s Study Point 🎓 In this video, I have explained the core chapter of Macroeconomics – Determination of Income and Employment in a simple language with PPT, and real-life examples. ✅ Topics Covered in Detail: 1️⃣ Meaning of Determination of Income & Employment 2️⃣ Concept and Components of Aggregate Demand (AD) 3️⃣ Concept and Components of Aggregate Supply (AS) 4️⃣ Role of AD & AS in determining national income 5️⃣ Equilibrium Level of Income 6️⃣ Excess Demand – Meaning, causes & effects 7️⃣ Excess Supply – Meaning, causes & effects 8️⃣ Adjustment mechanism towards equilibrium PDF: https://drive.google.com/file/d/112zE... 📊 All concepts are explained using: ✔️ Step-by-step logic ✔️ Real-life examples ✔️ Exam-oriented presentation 🎯 This video is best for: ✔️ Class 12 CBSE & State Board Students ✔️ B.Com / BBA / MBA Foundation ✔️ CUET / UGC NET Economics ✔️ Macroeconomics Beginners 📌 Subscribe to Mayank’s Study Point for complete Macroeconomics & Commerce coverage. 👍 Like | 🔔 Subscribe | 📤 Share with your friends