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

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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

PatternComprehensive
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

10
12
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


12




06
Sub Total 18
Total40
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.

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