About the Book

This thoroughly revised and updated edition of Core Economics with Video Lectures has been meticulously prepared in strict accordance with the latest syllabus prescribed by the CBSE, New Delhi for Class XII. Particular attention has been given to refining the units on Money and Banking and Balance of Payments, ensuring comprehensive and contemporary content.

As with previous editions, every effort has been made to keep the treatment of topics simple, accessible, and aligned strictly with the prescribed scope. To enhance clarity and real-world relevance, the chapters are enriched with real-life examples and numerical illustrations that make the subject more engaging and practical.

This book is the result of my ongoing interaction with educators across India and abroad. I have had the privilege of participating in Orientation Programmes organized by CBSE and KVS across India, and by various School Associations in the UAE and Kuwait. Valuable suggestions and observations received from these interactions have played a significant role in shaping this edition. I express my sincere gratitude to all the teachers whose input has been instrumental.

Salient Features of the Book

• Completely aligned with the latest CBSE syllabus.

• Simple and clear presentation of all concepts.

• Comprehensive explanations to aid deeper understanding.

• Summarized Key Points provided at the end of each chapter for quick revision.

• Solved numerical illustrations with step-by-step methodology.

• Understanding-based questions from previous CBSE Examination Papers, along with solutions.

• Detailed methodology for drawing and interpreting economic diagrams.

Integrated Video Lectures

To complement the textbook, topic-wise video lectures are provided for enhanced understanding. These can be accessed:

• Via mobile phones, tablets, laptops, etc.

• By visiting the official website or using the mobile application.

• Through QR codes provided with important topics—students can simply scan and watch the relevant video.

These video lectures are designed to explain the lessons clearly, making concepts easier to understand and the learning process more interactive and student-friendly. Students are also welcome to raise queries, which will be addressed promptly to support continuous learning.

I extend my heartfelt thanks to Goyal Brothers Prakashan and their dedicated team for their excellent support and coordination in bringing out this revised edition.

I warmly welcome constructive feedback and suggestions from readers, teachers, and students, which will be duly considered in future editions.

— S. K. Agarwala
146, Vaishali, Pitampura,
New Delhi – 110034
Phone – 9868708131