Revised Class 12 Economics Syllabus for 2020-21 November 24, 2021 By: SMITH THOMPSON 0 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 Table of Contents Detail information on Class 12 syllabusPart A Introductory macroeconomicsUnit-1 National Income and related aggregatesUnit-2- Money BankingUnit- 3- Determination of income and employmentUnit-4- Government budget and EconomyUnit-5-Balance of paymentsPart B- Indian Economic development 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. 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. Tag: Class 12 Economics Previous post How To Crack JEE Without Coaching? Next post How to Score 90% in Class 9 Exams?