CBSE (Commerce) Class 12CBSE
Share
Notifications

View all notifications

Economics Class 12 CBSE (Commerce) CBSE Topics and Syllabus

Login
Create free account


      Forgot password?
Academic year:

Topics with syllabus and resources

1.00 Introductory Macroeconomics
1.10 Determination of Income and Employment
  • Aggregate demand and its components.
  • Propensity to consume and propensity to save (average and marginal). Short-run equilibrium output; investment multiplier andits 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.
1.20 National Income and Related Aggregates
  • Some basic concepts: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.
  • Circular flow of income; 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 and Net Domestic Product (GDP and NOP) - at market price, at factor cost; National Disposable Income (gross and net), Private Income, Personal Income and Personal Disposable Income; Real and Nominal GDP. 
  • GDP and Welfare
1.50 Balance of Payments
  • Balance of payments account - meaning and components; balance of payments deficit-meaning.
  • Foreign exchange rate - meaning of fixed and flexible rates and managed floating. Determination of exchange rate in a free market.
1.60 Government Budget and the Economy
  • Government budget - meaning,objectives and components.
  • Classification of receipts - revenue receipts and capital receipts
  • Classification of expenditure - revenue expenditure and capital expenditure.
  • Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.
2.00 Indian Economic Development
2.00 Introductory Microeconomics
2.02 Indian Economy 1950-1990
2.03 Liberalisation, Privatisation and Globalisation : an Appraisal
2.04 Poverty
2.05 Human Capital Formation in India
2.06 Rural Development
2.08 Infrastructure
  • Infrastructure 
  • Relevance of Infrastructure 
  • The State of Infrastructure in India 
  • Energy 
    • Sources of Energy
    • Non-conventional Sources of Energy
    • Consumption Pattern of Commercial Energy
    • Power/Electricity
    • Some Challenges in the Power Sector
  • Health 
    • State of Health Infrastructure
    • Private Sector Health Infrastructure
    • Indian Systems of Medicine (ISM)
    • Indicators of Health and Health Infrastructure—A Critical Appraisal
    • Urban-Rural and Poor-Rich Divide
    • Women’s Health
2.09 Environment and Sustainable Development
2.10 Introduction
2.20 Consumer Equilibrium and Demand
  • Consumer's equilibrium - meaning of utility, marginal utility, law of diminishing marginal utility, conditions of consumer's equilibrium using marginal utility analysis.
  • Indifference curve analysis of consumer's equilibrium-the consumer's budget (budget set and budget line), preferences of the consumer (indifference curve,indifference map) and conditions of consumer's equilibrium.
  • Demand, market demand, determinants of demand, demand schedule, demand curve and its slope, movement along and shifts in the demand curve; price elasticity of demand - factors affecting price elasticity of demand; measurement of price elasticity of demand - (a) percentage­ change method and (b) geometric method (linear demand curve); relationship between price elasticity of demand and total expenditure.
2.30 Producer Behaviour and Supply
  • Meaning of Production function - Short-Run and Long-Run
  • Total Product, Average Product and Marginal Product. Returns to a Factor Cost: Short run costs - total cost, total fixed cost, total variable cost; Average cost; Average fixed cost, average variable cost and marginal cost-meaning and their relationships.
  • Revenue - total, average and marginal revenue - meaning and their relationships.
  • Producer's equilibrium-meaning and its conditionsin terms of marginal revenue-marginal cost.
  • Supply, market supply, determinants of supp y, supply schedule, supply curve andits slope, movements along and shifts in supply curve, price elasticity of supply; measurement of price elasticity of supply - (a) percentage-change method and (b) geometric method.
2.40 Forms of Market and Price Determination
  • Perfect competition - Features; Determination of market equilibrium and effects of shifts in demand and supply.
  • Other Market Forms - monopoly, monopolistic competition, oligopoly - their meaning and features.
  • Simple Applications of Demand and Supply: Price ceiling, price floor.
2.50 Non - Competitive Markets
  • Simple Monopoly in the Commodity Market 

    Simple Monopoly in the Commodity Market

    • Market Demand Curve is the Average Revenue Curve
    • Total, Average and Marginal Revenues
    • Marginal Revenue and Price Elasticity of Demand
    • Short Run Equilibrium of the Monopoly Firm
  • Other Non - Perfectly Competitive Markets 

    Other Non-perfectly Competitive Markets

    • Monopolistic Competition
    • How do Firms behave in Oligopoly?

Simple Monopoly in the Commodity Market

  • Market Demand Curve is the Average Revenue Curve
  • Total, Average and Marginal Revenues
  • Marginal Revenue and Price Elasticity of Demand
  • Short Run Equilibrium of the Monopoly Firm

Other Non-perfectly Competitive Markets

  • Monopolistic Competition
  • How do Firms behave in Oligopoly?
S
View in app×