CBSE Class 12 Economics Syllabus (Term 1) 2021-22 Released: Download PDF

Check Term 1 CBSE Class 12 Economics Syllabus 2021-22 (PDF) and prepare for CBSE Class 12 Economics board exams.

Created On: Aug 20, 2021 15:36 IST
Modified On: Aug 20, 2021 16:49 IST
CBSE 2021-22
CBSE 2021-22

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;

CBSE Class 12 Economics Syllabus (Term 1) 2021-22 PDF

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