HS 2nd Year Economics Syllabus 2024 PDF Download: The Assam Higher Secondary Education Council (AHSEC) Class 12 Economics syllabus is out for the year 2024-25. The board has released the syllabus PDF at ahsec.assam.gov.in.
Here, the complete Assam Board HS 2nd year Economics syllabus is discussed along with the marking scheme and project work. As per the syllabus, the theory portion is of 80 marks and the rest 20 are for the project. Read the full syllabus here and download its free PDF.
Assam Board HS 2nd Year Economics Course Structure 2024-25
Marks 100[ (80 Theory )+ 20 (Project)]
Unit-wise Distribution of Marks and Periods:
Part A: Introductory Macroeconomics
| Unit No. | Title | Marks | Periods |
| 1 | National Income and Related Aggregates | 10 | 30 |
| 2 | Determination of Income and Employments | 12 | 22 |
| 3 | Money and Banking | 06 | 12 |
| 4 | Government Budget and the Economy | 06 | 12 |
| 5 | Open Economy | 06 | 14 |
|
| Total | 40 | 90 |
Part B: Indian Economic Development
| Unit No. | Title | Marks | Periods |
| 6 | Development Experience (1947-1990) | 07 | 13 |
| 7 | Economic Reforms since 1991 | 05 | 10 |
| 8 | Current Challenges facing Indian Economy | 22 | 55 |
| 9 | Development Experiences of India: A comparison with neighbours | 06 | 07 |
|
| Total | 40 | 85 |
Part C: Project Work in Economics (20 marks & 20 periods)
Assam HS 2nd Year Economics Syllabus 2024-25
Check the complete unit-wise syllabus here:
Part A: Introductory Macroeconomics
Unit :1 National Income and Related Aggregates (Marks 10 & Periods 30)
- Macroeconomics: Meaning, emergence of macroeconomics; Major sectors in an economy (Household, Firms, Government, External)
- Basic concepts in Macroeconomics : consumption goods, capital goods, final goods, intermediate goods; stocks and flows; Investment, Gross investment, Net investment and depreciation
- Circular flow of income (two sector model) Methods of calculating National Income- Value added or Product method, Expenditure Method, Income Method.
- Factor Cost, Basic Prices and Market Prices.
- Aggregates related to National Income:
Gross National Product (GNP), Net National Product (NNP), Gross Domestic Product (GDP) and Net Domestic Product (NDP) - at market price, at factor cost; Personal Income, Personal Disposable Income, National Disposable Income and Private income; Real and Nominal GDP.
- GDP and Welfare.
Unit 2 : Determination of Income and Employment. (Marks 12 & Periods 25)
- Aggregate demand and its components.
- Consumption function, Propensity to consume and propensity to save (average and Marginal), Investment function.
- Income determination in two sector model
- Determination of Equilibrium Income in the short run: macroeconomic equilibrium with price level fixed, effect of an autonomous change in aggregate demand on income and output, investment multiplier and its mechanism.
- Meaning of full employment, Deficit demand, excess demand.
Unit 3: Money and Banking (Marks 6 & Periods 12)
- Money - Meaning and its functions
- Demand for money; motives for demand for money.
- Supply of money; Various measures of supply of money.
- Central bank and its functions
- Commercial Banks- Meaning and functions. Credit creation by the commercial banks.
- Limits to credit creation and money multiplier.
- Policy tools to control money supply.
- Demonetization
Unit 4: Government Budget and the Economy (Marks 6 & Periods 12)
- Government budget- meaning, objectives and components.
- Classification of receipts revenue receipts and capital receipts.
- Classification of expenditure - revenue expenditure and capital expenditure,
- Balanced Budget, Surplus Budget and Deficit Budget; measures to correct government deficit- Fiscal Policy: Changes in government expenditure and changes in tax, public debt; Fiscal Responsibility and Budget management Act, 2003; GST (Concept only).
- Measures of Government deficit- Revenue deficit, Fiscal deficit, Primary deficit
Unit 5: Open Economy (Marks 6 & Periods 12)
- Balance of Payments: meaning, Current Account, Capital Account, Balance of payments surplus and deficit
- The foreign exchange market, Foreign exchange rate: fixed exchangecate, flexible exchange rate and managed floating exchange rate.
- Determination of forcing exchange rate under fixed and flexible exchange rate.
- Merits and demerits of flexible and fixed exchange rate.
Part B: Indian Economic Development
Unit 6: Development Experience (1947-1990) (Marks 7 & Periods 13)
- A brief introduction of the states of Indian economy on the eve of the independence.
- Indian economic system and common goals of Five Years Plans.
- Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy)
- Industry and Trade: Industrial Policy Resolution 1956; Small Scale Industry-Role and Importance; Trade Policy-Import Substitution.
Unit 7: Economic Reforms since 1991 (Marks 5 & Periods 10)
- Rationale of Economic Reforms; Liberalisation, Privatisation and Globalisation; appraisals economic reforms in India.
- Features and appraisals of liberalization, globalisation and privatisation (LPG Policy)
Unit 8: Current Challenges facing Indian Economy (Marks 22 & Periods 55)
- Human Capital Formation: Human capital, Sources of Human capital, Human Capital and Human Development, State of Human capital Formation in India Education Sector in India.
- Rural Development: Key Issues- credit and marketing in rural areas.
- Agriculture market system, Diversification into Productive activities, Sustainable development and organic farming
- Employment: Growth and changes in work force participation rate in formal and informal sectors; problems and policies.
- Environment and Sustainable development: Environment- Definition and functions, Sustainable development-meaning, strategies for sustainable development, nature of environmental challenges facing india.
[ N.B.: at the time of discussion of the above topics in unit 8, the faculty/ teacher should also make references about the Assam Economy]
Unit 9: Development Experiences of India: A comparison with neighbors (Marks 6 & Periods 7)
- India and Pakistan
- India and China
- With reference to issues: Demographic indicators, Economic growth, Sectoral Development & Human Development Indicators.
Part C: Project in Economics (Marks 20 & Periods 20)
Guidelines for Project Work in Economics (Class XII)
The objectives of the project work are to enable learners to:
- Probe deeper into theoretical concepts learnt in classes Xl and XII
- Analyse and evaluate real world economic scenarios using theoretical constructs and Arguments
- Demonstrate the learning of economic theory
- Follow up aspects of economics in which learners have interest.
- Develop the communication skills to argue logically. The expectations of the project work are that:
- Learners will complete only ONE project in each academic session
- Project should be of 3500- 4000 words (excluding diagrams & graphs), preferably hand- written
- lt will be an independent, self -directed piece of study
Marking Scheme :
| Sl. No. | Heading | Marks Allotted |
| 1 | Relevance of the topic | 3 |
| 2 | Knowledge Content/Research | 6 |
| 3 | Presentation Technique | 3 |
| 4 | Viva –Voce | 8 |
Suggestive list of projects
| Class XII | |
| · Micro and small Scale Industries | · Food Supply Channel in India |
| · Contemporary Employment situation in India | · Disinvestment policy of the government |
| · Goods and Service Tax Act and its impact on GDP | · Health Expenditure (of any state) |
| · Human Development Index | · Inclusive Growth Strategy |
| · Self- Help Group | · Trends in Credit availability in India |
| · Functions of Commercial Bank and Central Bank | · Environmental challenges facing India (eg. Global warming)(may be a problem pertaining to the locality) |
| · Employment and other related issues in India | · Poverty in India |
| · Monetary policy committee and its functions | · Role of RBI in Control of Credit |
| · Government Budget and its components | · Trends in budgetary condition of India |
| · Exchange Rate determination- Methods and Techniques | · Currency War-reasons and repercussions |
| · Livestock- Backbone of Rural India | · Alternate fuel- types and importance |
| · Sarwa Siksha Abhiyan- cost Ratio benefits | · Golden Quadrilateral- Cost ratio benefit |
| · Minimum Support Price | · Relation between Stock Price Index and Economic Health of the Nation |
| · Waste Management in India- Need of the hour | · Minimum Wage rate – Approach and Application |
| · Digital India- Step towards the future | · Rain Water Harvesting – a solution to water crisis |
| · Vertical Farming- an alternate way | · Silk Route- Revival of the past |
| · Make in India- The way ahead | · Bumper Farming- Back to the nature |
To know more and download the syllabus PDF, click on the link below:
Related:
- Assam Board HS 2nd Year Syllabus 2024-25 PDF (All Subjects)
- AHSEC 2nd Year Geography Syllabus 2024-25
Also Check:
- Assam Board HS 1st Year Syllabus 2024-25 All Subjects PDF
- NCERT Class 12 Revised Textbook PDFs (All Subjects)
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