CBSE Class 12 Economics Syllabus

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Part A: Understanding Economics

Module 1: Introduction to Macroeconomics

  • Exploring the Macro World: What is Macroeconomics?
  • Understanding the Basics: Goods, Investment, Stocks, Flows

Module 2: National Income Measurement

  • Unveiling National Income: Methods of Calculation
  • Decoding GDP: Real vs. Nominal GDP

Module 3: Money Matters

  • The Power of Money: Functions and Types
  • Inside Banking: Money Creation and Central Banking

Module 4: Managing Money

  • The Role of Central Bank: Functions and Tools
  • Steering the Economy: Control of Credit and Market Operations

Module 5: Income and Employment Dynamics

  • Connecting the Dots: Aggregate Demand and Consumption Patterns
  • Balancing Act: Equilibrium Output and Employment

Module 6: Government's Economic Role

  • Government's Purse: Understanding Budgets
  • Balancing Act: Balanced, Surplus, and Deficit Budgets

Module 7: International Economic Relations

  • Navigating Global Waters: Balance of Payments
  • Exchange Rate Mechanisms: Flexible vs. Fixed Rates

Part B: Indian Economic Development

Module 1: Economic Evolution

  • Journey Through Time: India's Economic Landscape Post-Independence
  • The Blueprint: Five Year Plans and Economic Objectives

Module 2: Reform and Revolution

  • Economic Overhaul: Liberalization, Globalization, Privatization
  • Sectoral Shifts: Agriculture, Industry, and Trade Reforms

Module 3: Current Challenges

  • Building Human Capital: Education and Skill Development
  • Empowering Rural India: Credit, Marketing, and Alternative Farming

Module 4: Employment Perspectives

  • Employment Dynamics: Formal vs. Informal Sectors
  • Sustainability Agenda: Economic Development and Environmental Impact

Module 5: Comparative Analysis

  • Neighbors in Focus: India, Pakistan, and China
  • Growth, Population, and Development: A Comparative Study

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