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.
Paper Pattern for 2nd term economics examination class 12 CBSE 2021-22
|Question Type||Case-based, situation-based, open-ended, short answer/long answer type|
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 – A||Introductory Macroeconomics|
▪ National Income and Related Aggregates
▪ Determination of Income and Employment
|Part – B||Part B: Indian Economic Development|
Current challenges facing Indian Economy
● Sustainable Economic Development
Development Experience of India – A Comparison with Neighbours-
● Comparative Development Experience of India and its Neighbours
|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
Part C: Project in Economics 15 Periods
Deleted Syllabus of Economics class 12th 2021-22 CBSE Board
|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.