CBSE Class 12 Economics Syllabus 2021-22 (Term 2) is provided in PDF for students to download and revise the topics mentioned in it before the upcoming board exam. The CBSE Class 12 Economics Question Paper in Term 2 Exam 2022 will be based on this revised syllabus only. Along with the syllabus, students can also check important resources for last-minute revision before the CBSE Class 12 Economics Term 2 Exam 2022.
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CBSE Class 12 Economics Term 2 Exam 2022: Sample Paper With Solution By Experts For Last-Minute Revision
(Term 2) CBSE Class 12 Syllabus Economics 2021-22
Term 2 - SUBJECTIVE QUESTION PAPER Theory: 40 Marks Time: 2 Hours |
Marks |
Periods |
Part A: Introductory Macroeconomics |
|
|
▪ National Income and Related Aggregates |
10 |
23 |
▪ Determination of Income and Employment |
12 |
22 |
Sub Total |
22 |
45 |
Part B: Indian Economic Development |
|
|
Current challenges facing Indian Economy ● Employment ● Infrastructure ● Sustainable Economic Development |
12 |
18 |
▪ Development Experience of India – A Comparison with Neighbours- ● Comparative Development Experience of India and its Neighbours |
06 |
12 |
Sub-Total |
18 |
30 |
Total |
40 |
75 |
Project Work: 10 Marks |
|
|
CBSE Class 12 Economics Sample Paper & Marking Scheme for Board Exam 2022

Term – II
Part A: Introductory Macroeconomics
Unit 1: National Income and Related Aggregates 23 Periods
What is Macroeconomics?
Basic concepts in macroeconomics: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.
Circular flow of income (two sector model); Methods of calculating National Income - Value
Added or Product method, Expenditure method, Income method.
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; Real and Nominal GDP.
GDP and Welfare
Unit 3: Determination of Income and Employment 22 Periods
Aggregate demand and its components.
Propensity to consume and propensity to save (average and marginal).
Short-run equilibrium output; investment multiplier and its mechanism.
Meaning of full employment and involuntary unemployment.
Problems of excess demand and deficient demand; measures to correct them - changes in
government spending, taxes and money supply through Bank Rate, CRR, SLR, Repo Rate and
Reverse Repo Rate, Open Market Operations, Margin requirement.
Part B: Indian Economic Development
Unit 7: Current challenges facing Indian Economy 18 Periods
Employment: Growth and changes in work force participation rate in formal and informal
sectors; problems and policies
Infrastructure: Meaning and Types: Case Studies: Health: Problems and Policies- A critical
assessment;
Sustainable Economic Development: Meaning, Effects of Economic Development on
Resources and Environment, including global warming
Unit 8: Development Experience of India: 12 Periods
A comparison with neighbours
India and Pakistan
India and China
Issues: economic growth, population, sectoral development and other Human Development
Indicators
Part C: Project in Economics 15 Periods
Prescribed Books:
1. Statistics for Economics, NCERT
2. Indian Economic Development, NCERT
3. Introductory Microeconomics, NCERT
4. Macroeconomics, NCERT
5. Supplementary Reading Material in Economics, CBSE