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smStI ArQSwsqr dy isDWq




                         È؇           hwikkq iv`c, mudrw dI mwqrw iv`c bdlwv hox qy pwihlW ibAwj dI dr iv`c bdlwv huMdw hY[ ibAwj
                                       dI dr iv`c bdlwv dy kwrx invyS dI mwqrw iv`c bdwlv huMdw hY[ invyS dI mwqrw iv`c bdlwv dy
                                       kwrx aqpwdn dI lwgq iv`c bdlwv huMdw hY Aqy aqpwdn dI lwgq iv`c bdlwv dy kwrx kImqW
                                       iv`c bdlwv huMdw hY[ pr ieh isDWq iv`c bdlwv dI ien qrkpurx pRkirAw dw koeI alyK nhI hY[[
                                    6.  vwsqivk q`qw dy pRBwv dI Avhylnw (Ignores the Influence of Real Factor) – ies isDWq dy
                                       muqwibk mudrw dy mu`l iv`c bdlwv dy kwrx mudrw dI mMg iv`c hox vwlw bdlwv hY[ pr mudrw dy mu`l
                                       qy keI hor vwsqivk q`qW ijvy – bcq, invyS, Awmdn Awid dw vI pRBwv pYdw hY[ ieh isDWq ien
                                       vwsqivk q`qw dI Avhylnw krdw hY[
                                    7.  m`l isDWq Aqy mudrw isDWq dy smnvX dw pRBwv (Lack of Integration of Theory of Value and
                                       Theory of Money) –fw`n pYitnkn (Don Patinkin) dy muqwibk, nkd SyS smIkrx dy mu`l isDWq
                                       Aqy swpyiSk kImqW Aqy mudrw isDWq Aqy Awm kImq p`Dr qy smnvX dw ABwv pwieAw jwdw hY[ ies
                                       isDWq dy mu`l iSDWq ƒ mudrw isDWq qo purI qrW Alg kr idqw igAw hY[ hikkq iv`c, dovy isDWqw iv`c
                                       prspr inrBrqw peI jWdI hY[ ieh prspr inrBrqw, vwsqivk SyS pRBwv (Real Balance Effect)
                                       rwhI inrDwirq huMdI hY[ vwsqivk SyS pRBwv qo Bwv ieh hY ik kImq p`Dr iv`c bdlwv hox dy kwrx
                                       lokW dI vwsqivk Awmdn iv`c bdlwv huMdw hY[ iesleI mu`l dw isDWq Aqy mudrw dy isDWq ƒ vwsqivk
                                       SyS rwhI smnivq kIqw jwdW hY[ pr auqy idqw igAw isDWq ies smnvX dI Avhylnw krdw hY[

                                 √ÚÀ ÓπÒª’‰ (Self Assessment)
                                 hyT id`qy gey kQ`nW iv`c shI Aqy glq dI pihcwn kro
                                 (State whether the following statements are True or False):
                                   7.  mudrw dI mwqrw qo Bwv mudrw dI kul mwqrw nwl hY[
                                   8.  mudrw dI mMg iesleI kIqI jWdI hY ikauik ieh ivinmX dy miDXm dw kMm krdI hY[
                                   9.  mudrw dI purqI do q`qW qy inrBr krdI hY – (i) mudrw dI mwqrw Aqy (ii) mudrw dI cln giq[
                                   10.  mudrw dI Kird SkqI ƒ hI mudrw dw mu`l ikhw jwdW hY[

                                 12.7  √≈≈ßÙ (Summary)

                                        mudrw dy pirmwx isDWq dy muqwbk mudrw dy pirmwx Aqy Awm kImq p`Dr iv`c iek pRqXS Aqy Awnupwiqk
                                        sMbD hY Aqy mudrw dy pirmwx Aqy mudrw dy mu`l dy ault Awnupwiqk sMbD hY[ies sMbD dy muqwbk,
                                        mudrw dy pirmwx iv`c virDI hox nwl kImq p`Dr iv`c ausI Anupwq iv`c virDI ho jWdI hY Aqy mudrw
                                        dy pirmwx iv`c kMmI hox nwl kImq p`Dr iv`c ausI Anupwq iv`c kMmI ho jWdI hY[


                                 12.8  ÙÏÁ’ØÙ (Keywords)

                                       J kImq p`Dr (Price Level) – mu`l p`Dr[
                                       J pirmwx (Quantity) – mwqrw[

                                 12.9  ¡«Ì¡≈√ ÍzÙÈ (Review Questions)

                                    1.  mudrw dw mu`l iksƒ kwhdy hY? spSt kro[
                                    2.  mudrw dy mu`l dy isDWq dso[
                                    3.  mudrw dy pirmwx isDWq dy do smIkrx dI ivAwiKAw kro[
                                    4.  iPSr dy smIkrx iv`c mudrw dI purqI Aqy mudrw dI mMg dI AvDwrxwvW dw aulyK kro[




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