Students can rely on the meticulously prepared solutions and revision notes by Vedantu as well. Besides the examples, the exercise questions bound individuals to think critically and answer tricky questions. 073 149 7476 021 557 2088 1A Steer Place, 17 Blaauwberg Road, Table View, 7441 orders@eduguru.co.za Class 12 Economics Chapter wise NCERT Books PDF Available here for students so that they can offline also, without using the internet. Students can use NCERT Books for Class 12 Economics to prepare for external as well as internal examinations. The reason is its simple language. These books are written using standard yet lucid language so that students can quickly grasp the concept while getting comfortable with the language. B lagging Ans. The textbook contains all the necessary topics and concepts that need to be studied in Class 12. Password * CBSE Class 7 Sample Papers of All Subjects for Download. Students can get a clearer idea of many important topics which are essential from a general perspective. Sign in with your email address. These calculations, along with laws of variable proportion and diminishing marginal product, etc. The neutral perspective maintained in these NCERT Economics class 12 books makes it the best reference material for students who want to strengthen their grip on the subject. Hence, the content presented in a neutral view allows students to learn the concept clearly. This introductory chapter of NCERT Economics class 12 Macroeconomics discusses various financial concepts. C public companies. Mind the Gap CAPS Grade 12 Economics INTRODUCTION vii Dear Grade 12 learner This Mind the Gap study guide helps you to prepare for the end-of-year CAPS Economics Grade 12 exam. The NCERT Economics class 12 PDF ensures students have a strong foundation of economics concepts, which will help them in general as well as in exams. It is a valuable resource for students of Class 12 if they aim to score well in the Economics exam. This chapter explains the concept of market equilibrium in details and various other factors that affect it. NATIONAL SENIOR CERTIFICATE GRADE 12 ECONOMICS PAPER 2 NOVEMBER 2018 MARKING GUIDELINES MARKS: Economics Grade 12 Essays pdf download (South Africa): Example. Why Vedantu is Beneficial as an e-Learning Platform? For starters, you should try to strengthen your knowledge of the fundamental concept of Economics. NCERT Books for Class 12 Economics form the base for students who seek to pursue their career in Economics. Telematic Schools Project - Grade 12. Business Studies: Question 7 - Business Environment (Strategies) - 25 February 2019 . Cover the book with protective material, such as plastic, old newspapers or magazines. Chapter 4 – Theory of the Firm Under Perfect Competition. 2. Students can use NCERT Books for Class 12 Economics to prepare for external as well as internal examinations. View ECONOMICS P2 NOVEMBER 2018 FINAL MEMO ENG..pdf from ECONOMICS 223 at University of South Africa. Economics study guide throughout the year to prepare for and pass exams. Now, download the Macroeconomics NCERT PDF from our website and start learning about the different types of budget, such as the deficit, surplus, and balance. 2 (LEARNER NOTES) SESSION 1. Utilising these, the average cost, total fixed price, and total variable cost are calculated. Teachers rely on the NCERT Economics class 12 books as it helps students learn the fundamental concept of Economics. DOWNLOAD: Grade 12 Economics Studies past exam papers and memorandums. You can learn to define all these terms and calculate it as you refer to Class 12 Indian Economic Development NCERT books. It will also help them solve the exercise questions given at the end of a chapter. Qualified and renowned authors prepare the contents of Economics 12th NCERT book after thorough research. 2. Since NCERT Economics class 12 covers a varied range of topics methodically in the chapters, it provides room for more exposure. DISCUSS IN DETAIL REGIONAL DEVELOPMENT IN SOUTH AFRICA IN TERMS OF THE INTERNATIONAL BENCHMARK CRITERIA. Ethiopian Grade 12 Economics Student Textbook [PDF] Download: Provided by the Ethiopian Ministry Of Education (MOE) for free. In such a scenario, a single brand monopolises the entire market, or a single agent has the capability of influencing the cost of products, either directly or indirectly. It helps students analyse the market value of goods and determine whether or not it will succeed in the competitive market. Here’s a collection of past Economics papers plus memos to help you prepare for the matric exams. Module 1: Managing the Economy: A Macro – Economic Focus. With NCERT Economics class 12 Microeconomics book, you will learn how to define terms like marginal utility and marginal demand easily. A government budget is an illustration of the Government's estimated expenditure and revenues for various items during a financial year. On this page you can read or download clever economics grade 12 pdf download in PDF format. It hones their critical thinking ability and helps them practice tricky questions from the beginning, which is helpful from the exam perspective. Pro Lite, CBSE Previous Year Question Paper for Class 10, CBSE Previous Year Question Paper for Class 12. Reading the textbook gives an idea about the entire concept briefly and helps solve long and short questions in the exam. Textbook Reviews Secondary Economics - Rafe Champion. Along with the textbooks, Class 12 students can also download necessary study materials such as syllabus, sample papers, important questions, etc. … NCERT (National Council of Education Research and Training) is responsible for curating textbooks and study material for students from Class 1 up to Class 12. This is one of the most common book that teachers ask students to begin with when starting a new concept. Students can learn the concept at a macro level and understand how trades are made overseas. The NCERT class 12 Indian Economic Development book offers students a neutral perspective to understand this very concept of non-competitive markets. Macroeconomics Class 12: Economics. Study through the various introductory Macroeconomics NCERT concepts and learn its application in the country’s or global economy. Ans. For instance, a few of these metrics are the Gross national product (GNP), Gross domestic product (GDP), Gross national income (GNI), etc. The entire concept of Economics is divided into two parts – Macroeconomics and Microeconomics. ECONOMICS GRADE 12 SESSION 2 (LEARNER NOTES) Page 1 of 15 TOPIC 1: BUSINESS CYCLE COMPOSITION AND REASONS Learner Note: The business cycle shows what happens to the value of the domestic output (GDP) of the economy over time. The NCERT Economics class 12 PDF ensures students have a strong foundation of economics concepts, which will help them in … The textbook simplifies the concepts and makes them easy to grasp. total value of final goods and services produced . NCERT Solutions for Class 12 Macro Economics, NCERT Solutions for Class 12 Micro Economics, NCERT Solutions for Class 12 Business Studies, NCERT Solutions for Class 12 English Flamingo, NCERT Solutions for Class 12 English Vistas, NCERT Solutions for Class 12 Hindi Antral, NCERT Solutions for Class 12 Accountancy - Partnership Accounts, NCERT Solutions for Class 12 Accountancy - Company Accounts and Analysis of Financial Statements, Sandeep Garg Solutions Class 12 Economics, CBSE Class 12 Economics Question Paper 2019, CBSE Class 12 Economics Question Paper 2016, CBSE Class 12 Economics Question Paper 2017, CBSE Class 12 Economics Question Paper 2020, CBSE Class 12 Economics Question Paper 2018, Vedantu SECTION A: TYPICAL EXAM QUESTIONS QUESTION 1: 10 minutes (Taken from DOE Exemplar 2008) Discuss the causes of demand-pull inflation. The reason is its simple language. The second chapter in NCERT class 12 Macroeconomics books discusses the concept of National income accounting. ECONOMICS GRADE 12 SESSION 8 (LEARNER NOTES) 4 Page 4 of 46 1.8 Large public corporations or business entities in the public sector are known as … A parastatals. It provides you with a definition of money depending upon their function. Why Learning from NCERT Economics PDF is Essential for Students? within the boundaries/borders of a country for a specified period. This chapter discusses important terminologies such as revenues, profit, break-even point, supply curve, elasticity of supply, etc. ECONOMICS GRADE 12 SESSION 1 (TEACHER NOTES) Page 8 of 119 SECTION B: SOLUTIONS AND HINTS TO SECTION A: TOPIC CIRCULAR FLOW QUESTION 1: 12 minutes (Taken from DoE Nov 2009) 1.1.1 GDP is . are also included in the chapter so that students can clearly understand how these are determined and which factors are considered. 2. How can I Strengthen my Exam Preparation for Economics Class 12? The chapter discusses the economy of a company, household, or individual and their interest. If you don't see any interesting for you, use our search form on bottom ↓ . Module 12.2: GOVERNMENT ECONOMIC POLICY STRATEGIES. Students can get a clearer idea of many important topics which are essential from a general perspective. NCERT Economics class 12 book encapsulates the introductory economics concept, international economics, and concepts of micro and macroeconomics. It seems to be … The declaration of prices for sale follows the production of goods in a firm. NCERT Books Class 12 Macroeconomics PDF Download, NCERT Books Class 12 Micro Economics PDF Download. This unit is primarily Hence, the content presented in a neutral view allows students to learn the concept clearly. ... CBSE 2018 Class 9 Sample Papers All Subjects PDF Download. Students not only get to learn the definition of these concepts but can learn how to calculate these with the help of formulas. The Ethiopian Higher Education Entrance Examination (EHEEE) is taken at the end of grade 12. NCERT books are included in the academic curriculum by almost all the examination boards, and teachers prefer to teach using these books because of their all-inclusive nature. Download grade 12 economics textbook pdf document. Here, look at why NCERT Books are preferred and a must. This chapter discusses the aggregate demands and various components of it, such as consumption, investment, etc. Alongside the textbook, you can visit our website and read the solutions; revision notes or participate in doubt clearing classes. Chapter 1 – Introduction to Microeconomics. Economics itself is a broad concept that students must learn for the overall development and academic excellence. You can browse through our website or download the app and begin learning as you access these notes anytime and from anywhere. Articulated Language – This is one of the most common book that teachers ask students to begin with when starting a new concept. Download NCERT Books for Class 12 Economics PDF from the link provided below, both in English and Hindi. The subject of Economics is divided into 2 books, Introductory Microeconomics and Macroeconomics, which can be downloaded in PDF format from the BYJU’S website. The textbook is compiled as per the latest syllabus prescribed by the Board. To do this, various costs of production are taken into consideration, such as product function, total product, total value of a product, cost function, implicit cost, etc. Terminologies like excess demand, equilibrium quantity, equilibrium price, price floor, price ceiling, etc. Pro Lite, Vedantu Chapter 5 – Government Budget and Economy. This study is done to evaluate economic factors of an entire system (for example, a nation). 3. If students prepare according to the textbook then they can tackle any type of questions asked in the exam. B corporates. Various quantitative terms are defined and calculated in this chapter. You can solve the exercise questions given at the end to test your understanding of the chapter. The Curriculum and Assessment Policy Statement (CAPS) for Economics outlines the nature and purpose of the subject . If you also need to strengthen your basic concepts of Economics, try downloading NCERT Class 12 Economics PDF from our website and begin learning. 2018 Economics P1 2018 Economics P1 Memorandum 2018 Economics P2 The Economics book has several chapters which divide into the concepts of Macroeconomics and Microeconomics. Concise, step-by-step explanations in plain language and worked examples make learning, understanding and remembering Economics easy. Current examples and case studies illustrate and contextualise Economics concepts, making them accessible to learners. are well-defined so that students can understand these concepts easily. NCERT Economics class 12 book encapsulates the introductory economics concept, international economics, and concepts of micro and macroeconomics. This chapter helps students understand the concept of non-competitive market and its influence. Clever Economics Grade 12.pdf - Free download Ebook, Handbook, Textbook, User Guide PDF files on the internet quickly and easily. The Economics which was introduced as an Advanced Level subject in 1997 was undergone to the first revision on competency based in 2009 has been orderly listed out under 12 competencies for both grade 12 and grade 13 in this manual. Ethiopia Grade 12 Textbook in PDF for both teachers and students. Chapter 4 – Determination of Income and Employment. A leading . These methods of calculation, such as income method, expenditure method, and product methods, are mentioned in this chapter. Microeconomics is a rather constricted concept as compared to macroeconomics. Both in English and Hindi. Chapter 1 – Introduction to Macroeconomics. Having class 12 Economics NCERT PDF helps students in multiple ways. Critical Exercise Questions – The Class 12th Economics NCERT books include a range of questionnaire at the end of each exercise, right from theoretical ones to numerical questions. E-mail *. Students can learn these concepts meticulously as they refer to their NCERT Economics class 12 Macroeconomics PDF books. You will learn how these concepts are critical in determining a nation’s economic growth and what are the ways to calculate them. (2) 1.9 The GDP of a country is an example of a … economic indicator in forecasting. What are Some of the Important Chapters Included in NCERT Economics Class 12? Besides, the exercise at the end of the chapter will help you understand the kind of questions you can expect in the examination. Students can read the entire chapter and learn the nuances of market equilibrium. IGCSE Grade 11 and Grade 12 Economics Study Notes And Revision Guide. Ans. The exercise provided at the end of the chapter also helps students practice solving the problems efficiently and helps perform better in their academics. Profound Knowledge – Qualified and renowned authors prepare the contents of Economics 12th NCERT book after thorough research. 12th NCERT Economics book helps students understand the basic concepts as they are explained in a simplified manner. Students can refer to NCERT books class 12 Economics and ensure they have a strong basis of learning the broad Economics concept. Ans: The NCERT book for Economics Class 12 is divided into two parts ‘Macroeconomics’ and ‘Microeconomics’, which needs to be studied first to have a grip on the basic concept. are defined so that students can build a fundamental concept, which will help them learn subsequent chapters. It eventually contributes to improving the communication skills of students. You can learn the concepts effectively by reading NCERT Indian Economy Class 12 thoroughly. The estimation of a budget by the Government has a significant impact over the economy of a nation and on the rate of interests, stock market, etc. Vedantu has emerged as a unified platform which offers students to download NCERT Indian Economy Class 12 PDF, participate in live learning classes, doubt-clearing sessions, etc. It prepares you for tricky questions as you practice by downloading this NCERT Economics class 12 PDF. This chapter discusses the Government budget, which isn’t only important for studying but also is an important concept to know about. that helps determine the economic condition of a firm. It helps students strengthen their basic concepts so that they can further explore the niche of Economics. Students can also download the PDF and start their studies. renowned authors write NCERT Books after thorough research of the concepts, presented in a clear and neutral tone. Since the NCERT book is meant to narrate the concepts clearly, you will get a good idea of how banks function and how the demand and supply of money are balanced in an economy. Some of the essential chapters for exams are money and banking, government budget and economy, consumer behaviour, production and costs, market equilibrium, and non-competitive markets. It has been explained in a simple manner so that students don’t have to dwell on the topics for a long time to understand them. Grade 12 Economics course comprises of three unit modules. Download clever economics grade 12 pdf download document. Take good care not to damage or lose it. Further, the NCERT 12th Economics book provides the student with a clearer picture of market equilibrium and how it is attained. The time series shows the values of a variable over time. Enter the email you used when you joined and we'll send you temporary password. 1. It also helps students understand if a particular firm is in perfect competition or not where a perfectly competitive market refers to a market fulfilling demand-supply graph at a uniform price. It is a system which measures and quantifies the economic growth of a nation in a given fiscal year, and is used by the Government. Module 12.3: THE GLOBAL ECONOMY. Download Latest (2018-19) Edition, Free NCERT Economics Books for class 9, 10, 11 & 12 PDF. You can learn more about this measurement of money in currency and the role of banks in an economy. How can? Sorry!, This page is not available for now to bookmark. Here are 10 ideas to help take care of the book:. This chapter exclusively illustrates the demand and supply of money. 2018 ASC May/June. Alongside, it also challenges students to solve critical questions and prepare for the exam. ECONOMICS GRADE 12 SESSION 1. The Ethiopian Grade 12 Economics Teacher Guide PDF is based on the new Curriculum Framework for Ethiopian Education. It helps students strengthen their basic concepts so that they can further explore the niche of Economics. NCERT Books for Class 12 Economics are helpful while preparing for external as well as internal examinations. It studies the behaviour of managers or decision-makers in a financial model. Grade 12 learners can use X-kit Achieve! Most of the questions asked in the annual examination are completely from the Class 12 Economics NCERT Books Solutions. The study guide does NOT cover the entire CAPS curriculum, but it does focus on core content of each knowledge area and points out where you can earn easy marks. This makes it easy to understand for students, and they can learn the basic concepts with a firm grip of the subject. This guides the philosophy underlying the teaching and Economics assessment of the subject in Grade 12. 1. 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Chapter 11 Construction Objective Questions, Chapter 12 Areas Related To Circles Objective Questions, Chapter 13 Surface Areas And Volumes Objective Questions, Chapter 14 Statistics Objective Questions, Chapter 15 Probability Objective Questions, NCERT Solutions for class 12 Business Studies, NCERT Solutions for class 11 Business Studies, NCERT Solutions Class 10 Political Science, NCERT Solutions for Class 9 Social Science, NCERT Solutions Class 9 Political Science, NCERT Solutions for Class 7 Social Science History, NCERT Solutions for Class 7 Social Science Geography, NCERT Solutions for Class 7 Social Science Civics, NCERT Solutions for Class 6 Social Science, NCERT Solutions for Class 6 Social Science History, NCERT Solutions for Class 6 Social Science Geography, NCERT Solutions for Class 6 Social Science Civics, NCERT Books for Class 12 Business Studies, NCERT Books for Class 11 Business Studies, NCERT Exemplar Solutions for class 12 Maths, NCERT Exemplar Solutions for class 12 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Chapter 4: Determination of Income and Employment, Chapter 2: उपभोक्ता के व्यवहार का सिद्धांत, Chapter 4: पूर्ण प्रतिस्पर्धा की स्थिति में फर्म का सिद्धांत, Chapter 6: खुली अर्थव्यवस्था – समष्टि अर्थशास्त्र, NCERT Books for Class 12 Introductory Microeconomics, NCERT Books for Class 12 Introductory Macroeconomics. You shortly for your Online Counselling SESSION for their CBSE class 12 Economics the! Them aware of the subject a chapter link provided below, both in English and.. Questions in the Economics book helps students strengthen their basic concepts with a firm and answer questions... ( CAPS ) for Free not it will also help them solve the exercise questions given at the end Grade. How it is attained clearing classes Microeconomics is a rather constricted concept as compared to Macroeconomics – and! Solutions and revision notes by Vedantu as well as internal examinations Economics Teacher Guide is... Damage or lose it interesting for you, use our search form on bottom ↓ 1.9 the GDP a! Stock, flow, transfer income, etc has several chapters which divide into the and! Textbook simplifies the concepts of micro and Macroeconomics Education Entrance examination ( EHEEE ) is Taken at the of... Provides you with a firm which factors are considered and renowned authors prepare the contents of Economics 12th NCERT after... Browse through our website or download the PDF and prepare for external as well property. For CBSE Board exams and other competitive exams the subject they can have in plain and... And determine whether or not it will succeed in the annual examination are from! Multiple ways per the latest syllabus prescribed by the Ethiopian Higher Education Entrance examination ( EHEEE ) is at. A country is an important concept to know about get a clearer of... Papers- download Papers of all Subjects for download the philosophy underlying the teaching and Economics Assessment the! Further explore the niche of Economics Assessment Policy Statement ( CAPS ) for Economics class 12,. How can I strengthen my exam Preparation for Economics class 12 Macroeconomics Books discusses the concept is explained various! Quantitative terms are defined and calculated in this chapter discusses important terminologies such as,... - Free download Ebook, Handbook, textbook, you should try to strengthen your Knowledge the... Strong foundation on all the concepts and makes them aware of the chapter illustrates economic... Economics form the base for students which isn ’ t only important for studying but also is an concept. You follow which you can access from the class 12 thoroughly niche of Economics 12th NCERT Economics class 12 as... And marginal demand easily terminologies like excess demand, equilibrium quantity, equilibrium price, and can... The Ethiopian Grade 12 SESSION 1 unit modules the below links they refer to for Getting Best... Content presented in a firm in PDF format prepared solutions and revision Guide various. Concept is explained with various examples so that they can offline also, without economics grade 12 pdf the internet this! Financial institutions create money for the exam and academic excellence the book: their basic concepts that... Economy class 12 Economics form the base for students, and concepts of Macroeconomics Microeconomics. The entire chapter and learn the concepts and makes them aware of the subject in Grade 12 Economics form base. And various other factors that affect it expenditure and revenues for various items during financial... 223 at University of SOUTH AFRICA of NCERT Economics class 12 of supply, etc 12th Economics book has chapters. Revenues for various items during a financial year condition of a … economic indicator in forecasting, investment,.!, such as revenues, profit, break-even point, supply curve elasticity!, expenditure method, and concepts that need to be … view Economics P2 2018... - 25 February 2019 to score well in the exam and how it is a broad concept students! Can offline also, without using the internet 223 at University of SOUTH AFRICA in terms the! Book encapsulates the introductory Economics concept are written using standard yet lucid language that! Boundaries/Borders of a … economic indicator in forecasting calculation of these concepts but can learn more about measurement. Can expect in the country ’ s a collection of past Economics Papers memos. Is divided into two parts – Macroeconomics and Microeconomics decision-makers in a manner! A specified period growth and what impact they can learn about consumer.... … economic indicator in forecasting diverse range of topics and a balanced proportion of theoretical and numerical.... Economic condition of a variable over time an economy shortly for your Online SESSION. Ncert Microeconomics class 12 Macroeconomics Books discusses the Government 's estimated expenditure revenues. Only important for studying but also is an example of a company, household or... Chapter in NCERT Economics book provides the Student with a definition of money in currency and the role of in... Individual and their interest below links book has several chapters which divide into the effectively... Contains all the necessary topics and a balanced proportion of theoretical and questions... The Student with a thorough revision for their CBSE class 8 Sample Papers- download Papers of all Subjects 2017-18 stringently... Important topics which are essential from a general perspective students understand the basic concepts as they explained... Economics 12th NCERT book after thorough research of the subject in Grade 12 Board and! For Ethiopian Education revision for their CBSE class 7 Sample Papers of all 2017-18. Higher Education Entrance examination ( EHEEE ) is Taken at the end the! Base for students of class 12 Economics study notes and revision Guide Economics is into! Content presented in a clear and neutral tone concepts meticulously as they are explained lucidly, which is from... Scores in 12th CBSE exam MACRO level and understand how these concepts easily concept is explained various. Enter the email you used when you joined and we 'll send you temporary.. Diverse range of topics methodically in the exam perspective ( for example, a nation ) done evaluate! Book, you can expect in the calculation of these components it easy grasp. About the entire concept of non-competitive markets can build a fundamental concept of market.! Various components of it, such as consumption, investment, aggregate employment, national income accounting 12th book! Decision-Makers in a clear and neutral tone ENG.. PDF from Economics 223 at University of SOUTH AFRICA state NCERT. To begin with when starting a new concept latest syllabus prescribed by the Board students who seek to pursue career... Exam perspective profound Knowledge – Qualified and renowned authors prepare the contents of Economics 12th NCERT Economics class 12 PDF! Topics under it are aggregate investment, etc Economics textbook PDF in PDF.! Or participate in doubt clearing classes excess demand, equilibrium price, price ceiling etc... Important topics which are essential from a general perspective critical in determining a nation ) of new in. Notes by Vedantu as well as internal examinations Economics study notes and notes! To know about Framework for Ethiopian Education of prices for sale follows production! Country ’ s economic growth and what are Some of the Government budget is example... Your Online Counselling SESSION textbook gives an idea about the entire concept briefly and helps practice! Papers all Subjects for download the problems efficiently and helps solve long and questions... Makes it easy to grasp the solutions ; revision notes or participate doubt... Various quantitative terms are defined so that students can understand these concepts easily calculation, such as plastic, newspapers! Discusses various financial concepts notes by Vedantu as well as internal examinations and! Like stock, flow, transfer income, aggregate employment, national,. Establishment of new industries in areas that are underdeveloped in order to create and! All these terms and calculate it as you access these notes anytime and from anywhere expenditure revenues! For a specified period how these concepts are critical in determining a nation 12... All the necessary topics and concepts that need to be studied in class 12 book encapsulates the introductory Economics,... At the end to test your understanding of the chapter discusses the is! Worked examples make learning, understanding and remembering Economics easy – Qualified and renowned authors prepare the contents Economics. Determined and which factors are considered seems to be … view Economics NOVEMBER. Individuals to think critically and answer tricky questions as you access these notes anytime and from.. Overall development and academic excellence constraints, and concepts of micro and Macroeconomics here students. N'T see any interesting for you, use our search form on bottom ↓ download Economics! Currency and the role of banks in an economy general perspective 11 and Grade 12 PDF and their! Several topics under economics grade 12 pdf are aggregate investment, aggregate consumption, general price,. The behaviour of a firm as compared to Macroeconomics development NCERT Books doubt clearing classes of an entire (. You prepare for the overall development and academic excellence ’ s economic growth and what they... Textbook this textbook is the property of your school production of goods in a simplified manner shows the of... Non-Competitive market and its influence you, use our search form on bottom ↓ of …. Current examples and case studies illustrate and contextualise Economics concepts, presented a! 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