AIWC ACADEMY OF EXCELLENCE
SYLLABUS
ECONOMICS (030)
2020-2021
Class – XII
MONTH TOPICS LEARNING OUTCOMES
March & Macro Economics
April Chapter 5 – Money *State the meaning of money and money supply.
Chapter 6 – Banking *Discuss the process of Credit Creation by
Commercial Banks.
*State the meaning of Central Bank and describe
the various functions of Central Bank.
Chapter 10 – Government *State the meaning of Govt. Budget.
Budget *Explain the component of Govt. budget.
*Understand the classification of receipts and
expenditure.
*Explain the measures of Govt. deficit.
Chapter 4 – Poverty *Understand the various attributes of poverty.
*Appreciate and be able to assess existing poverty
alleviation programmes.
May Macro Economics
Chapter 1 – Circular Flow of *Draw the Circular Flow of Income.
Income *Discuss the scope/subject-matter of Macro
Economics.
Chapter 2 – Basic Concepts of *Explain the concepts of Macro Economics.
Macro Economics
June Macro Economics *Explain the method of measurement of National
Chapter 3 – National Income Income.
and Related Concepts
Chapter 4 – Measurement of *Discuss the precautions to be taken in the
National Income measurement of National Income.
July Indian Economics *Explain the concept of Human Resources, Human
Chapter 5 – Human Capital Capital formation and Human Development
Formation
Chapter 6 – Rural Development *Understood the meaning of Rural Development
and major issues associated with it.
Chapter 7 – Employment:
Growth, Information and other *Understand the basic concepts relating to
issues employment such as economic activity, workers,
workforce and unemployment.
Chapter 8 - Infrastructure
*Understand the main challenges India faces in the
areas of Social and Economic Infrastructure.
August Macro Economics
Chapter 7 – Aggregate Demand *State the meaning of aggregate demand and its
and related concepts components.
Chapter 8 – Income *Understand the concept of property to save.
Determination and Multiplier *State the meaning and working of Investment
Multiplier.
Chapter 9 – Excess Demand and *State the meaning of full employment and
Deficient Demand involuntary unemployment.
*Discuss the measures to correct the problems of
excess demand and deficit demand.
Septembe Indian Economics
r Chapter 1 – Indian Economy on *Become familiar with the state of the Indian
the Eve of Independence economy in 1947.
*Understand the factors that led to the
underdevelopment and stagnation of the Indian
Economy.
REVISION – TERM – I
October Macro Economics
Chapter 11 – Foreign Exchange *State the meaning of foreign exchange market.
Rate
Chapter 12 – Balance of *Learn the demand and supply of foreign exchange.
Payments *Understand the meaning of devaluation and
revaluation
*State the meaning of balance of payment account
*Know the components of B O P.
November Indian Economics
Chapter 9 – Environment and *Understand the concept of environment.
Sustainable Development *Analyse the causes and effects of environmental
degradation and ‘resource development indicators
of India and its neighbours, China and Pakistan.
*Know about the development policies in different
Chapter 2 – Indian sectors, such as agriculture and industry from 1950-
Economy[1950-1990] 1990.
December REVISION