[Updated] Term – 2 Syllabus of Economics Class 12 CBSE 2021-22

Share your love

Confused, What is the term 2 syllabus of Economics class 12 CBSE Board 2021-22.

As we already know CBSE Board had decided to conduct the Board examination in 2 terms.

1st Term held in December and 2nd is expected to be held in March-April 2022.

Read Here:- TS Grewal Solution Accountancy class 12 CBSE 2021-22

Paper Pattern for 2nd term economics examination class 12 CBSE 2021-22

Question TypeCase-based, situation-based, open-ended, short answer/long answer type
Time2 hrs

Following is the screenshot of the CBSE circular released on the 5th of July 2021 regarding the pattern.

Syllabus of Economics Term 2 Class 12 CBSE 2021-22

Following is the detailed syllabus

Theory: 40 Marks
Project: 10 Marks

Duration:- 2 Hrs

Units Subjective Question Paper Marks
Part – AIntroductory Macroeconomics
▪ National Income and Related Aggregates
▪ Determination of Income and Employment

Sub Total22
Part – BPart B: Indian Economic Development

Current challenges facing Indian Economy
● Employment
● Infrastructure
● Sustainable Economic Development

Development Experience of India – A Comparison with Neighbours-
● Comparative Development Experience of India and its Neighbours


Sub Total 18
Project Work: 10 Marks

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 informalsectors; problems and policies
  • Infrastructure: Meaning and Types: Case Studies: Health: Problems and Policies- A criticalassessment;
  • Sustainable Economic Development: Meaning, Effects of Economic Development onResources 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

Deleted Syllabus of Economics class 12th 2021-22 CBSE Board

ChapterDeleted Syllabus
National Income and Related Aggregates GDP Deflator
Determination of Income and Employment No Deduction
Current challenges facing Indian Economy Infrastructure:-
Case Studies on Energy: Problems and Policies-A critical assessment

For understanding Term – wise and chapter wise complete analysis of the deleted topic and which chapter would be covered fully. Read the below post.

Share your love
Default image
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 1635

One comment

Leave a Reply


Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.