Revised Class 12 Economics Syllabus For 2020-21

Revised Class 12 Economics Syllabus For 2020-21

Have you gone through the class 12 Economics Syllabus? If not, you should immediately check out the class 12 syllabus. The class 12 syllabus offers you a wide range of topics. The central board of secondary education prepares this syllabus.

This guide here will offer you complete details about your class 12 economics subject.

The entire class 12 economics syllabus segments into three parts. It includes parts A, B, and Part C. below table will show you an overview of the class 12 economics syllabus.

If you are a student reading class 12th, you should check out the complete syllabus before joining any 12th commerce tuition classes.

Parts Name of the parts Marks Periods
Part A Introductory macroeconomics    
  National income and related aggregates 10 28
  Money and banking 6 15
  Determination of income and employment 12 27
  Government budget and economy 6 15
  Balance of payments 6 15
Part B Indian Economic development    
  Development experience (1947-90) and economic reference since 1991 12 28
  Current challenges in Indian Economy 22 60
  Development experience with India-A comparing with neighbors 06 12
  Theory paper 40 1000
Part C Project work 20 20

Detail Information On Class 12 Syllabus

Part A Introductory Macroeconomics

Unit-1 National Income And Related Aggregates

In this section, you will analyze the fundamental concepts in macroeconomics. It includes consumption of goods, capital goods, final goods, intermediate goods, and many more.

Further, you will also read about the circular flow of income, calculating national income, product method, expenditure method, and income method.

Aggregates related to national income.

In this part, you will explore how to calculate the gross national product. You will also know how to evaluate the gross and net domestic product.

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Unit-2- Money Banking

In this unit, you learn about the meaning and supply of money. You will learn about the amount of currency held by the public, and net demands deposits held by different banks.

Moving on, you will also come across money creation by the commercial banking system. You will know about the central banks and their functions.

You will learn about the bank of issue, government bank, CRR, SLR, the repo rate, reverse repo rate, open market operation, and many more.

Unit- 3- Determination Of Income And Employment

In this unit, you will learn about aggregate demand and its component. You will also learn about the propensity to consume and save. Besides, you will also learn about excess demand, deficient demand, and measures to correct them.

Unit-4- Government Budget And Economy

This unit will teach you about government budget, classification of receipts, measures of government deficits, and many more.

Unit-5-Balance Of Payments

In this unit, you will understand the balance of payments account, Foreign exchange rates, and the methods of determining the exchange rates.

Part B- Indian Economic Development

This part has three units. In the sixth unit, you will learn about Development experience (1947-90) and economic reference since 1991. Similarly, in the seventh unit, you will read about Current challenges in the Indian Economy. And in the last unit of the Class 12 Economics Syllabus, you will read about the Development experience with India-A comparing with neighbors.

Wrapping up, this is all about the class 12 economics syllabus. If you are reading in class 12th, you should complete the whole syllabus to obtain good marks in your board exam.