Check Term 2 CBSE Class 12 Economics Syllabus 2024, It is important for the preparation of the upcoming Term 2 CBSE Class 12 Economics board exam 2024, Students preparing for Term 2 CBSE Class 12 Economics board exam 2024 can download the Term 2 CBSE Class 12 Economics Syllabus from the link given at the end of this article and can plan their studies accordingly.
Term 2 CBSE Class 12 Economics Syllabus 2024: CBSE Board Exam 2024
| Term 2 – Subjective Question PaperTheory: 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 Neighbors- ● Comparative Development Experience of India and its Neighbors | 06 | 12 |
| Sub Total | 40 | 75 |
| Project Work | 10 |
Term – II
Part A: Introductory Macroeconomics
Unit 1: National Income and Related Aggregates
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
- 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
- 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:
- A comparison with neighbors
- India and Pakistan
- India and China
- Issues: economic growth, population, sectoral development and other Human Development
- Indicators
Part C: Project in Economics (Get PDF)
