CBSE Class 12 Economics Syllabus 2021-22 (Term 1) PDF is available here for download. Link to download CBSE Class 12 Economics 2021-22 (Term 1) PDF is available for download in PDF format. It is important for the preparation of CBSE Class 12 Economics board exam 2021-22.
NCERT Books for Class 12 (PDF): All Subjects - Subject-wise & Chapter-wise
CBSE Class 12 Economics Syllabus (Term 1) 2021-22
| TERM 1 - MCQ BASED QUESTION PAPER Theory: 40 Marks Time: 90 minutes | Marks | Periods |
| Part A: Introductory Macroeconomics | ||
| ▪ Money and Banking | 6 | 8 |
| ▪ Government Budget and the Economy | 6 | 15 |
| ▪ Balance of Payments | 6 | 7 |
| Sub Total | 6 | 7 |
| Part B: Indian Economic Development | ||
| ▪ Development Experience (1947-90) and Economic Reforms since 1991: ● Indian Economy on the eve of Independence ● Indian Economy (1950-90) ● Liberalisation, Privatisation and Globalisation : An Appraisal | 12 | 28 |
| ▪ Current challenges facing Indian Economy ● Poverty ● Human Capital Formation ● Rural development | 10 | 17 |
Term 1
Part A: Introductory Macroeconomics
Unit 2: Money and Banking
Money - meaning and supply of money - Currency held by the public and net demand deposits held by commercial banks. Money creation by the commercial banking system.
Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt.
Bank, Banker's Bank, Control of Credit
Unit 4: Government Budget and the Economy
Government budget - meaning, objectives and components. Classification of receipts - revenue receipts and capital receipts; classification of expenditure – revenue expenditure and capital expenditure. Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.
Unit 5: Balance of Payments
Balance of payments account - meaning and components;
Foreign exchange rate - meaning of fixed and flexible rates and managed floating.
Part B: Indian Economic Development
Unit 6: Development Experience (1947-90) and Economic Reforms since 1991
A brief introduction of the state of Indian economy on the eve of independence. Indian economic system and common goals of Five Year Plans. Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.
Economic Reforms since 1991:
Features and appraisals of liberalisation, globalisation and privatisation (LPG policy);
Concepts of demonetization and GST
Unit 7: Current challenges facing Indian Economy
Poverty- absolute and relative; Main programmes for poverty alleviation: A critical assessment;
Human Capital Formation: How people become resource; Role of human capital in economic development;
Rural development: Key issues - credit and marketing - role of cooperatives; agricultural diversification;
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