Final Goods: The first significant component that comes under Macroeconomics Class 12 Chapter 2 notes is the final goods. The commodities that have passed through all the phases of production and are ready for use by the final users are termed as final goods. Sometimes, final goods are segregated into two parts namely final consumer goods and final producer goods. Intermediate Commodities: The commodities which are in the midway of production are known as intermediate commodities. Consumption Goods: The goods which are directly used for the fulfilment of human wants are termed as consumer goods. These types of goods are not used for the purpose of production of other goods. The goods used for a long time in the production procedure are called Capital Goods.