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Year Plan XII Eco 2024 25

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TOMY PERIKOROTTE CHACKO
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701 views4 pages

Year Plan XII Eco 2024 25

Uploaded by

TOMY PERIKOROTTE CHACKO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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THE INDIAN PUBLIC SCHOOL

YEAR PLAN 2024-25

Teacher : Tomy PC
Subject : Economics
Grade : XII
Month CHAPTER NAME CONTENTS COVERED
March & Part A Ch-2 Money and Money – meaning and functions, supply of money - Currency held by the public and
April Banking net demand deposits held by commercial banks.
Money creation by the commercial banking system.
Central bank and its functions (example of the Reserve Bank of India): Bank of issue,
Govt. Bank, Banker's Bank, Control of Credit through Bank Rate, Cash Reserve Ratio
(CRR), Statutory Liquidity Ratio (SLR), Repo Rate and Reverse Repo Rate, Open
Market Operations, Margin requirement.

Unit 5: Balance of Payments Balance of payments account – meaning and components;


Balance of payments – Surplus and Deficit
Foreign exchange rate – meaning of fixed and flexible rates and managed floating.
Determination of exchange rate in a free market, Merits and demerits of flexible and
fixed exchange rate.
Managed Floating exchange rate system

Unit 6: Development A brief introduction of the state of Indian economy on the eve of independence.
Indian economic system and common goals of Five Year Plans.
Experience (1947-90) and
Main features, problems and policies of agriculture (institutional aspects and new agricultural
Economic Reforms since strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.
1991:
JUNE Unit 1: National Income and What is Macroeconomics?
Related Aggregates 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.

Unit 6: Development Economic Reforms since 1991:


Experience (1947-90) and Features and appraisals of liberalisation, globalisation and privatisation (LPG policy);
Economic Reforms since Concepts of demonetization and GST
1991:
PT -I JULY
JULY Unit 1: National Income and Aggregates related to National Income:
Related Aggregates 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 Deflator, GDP and Welfare
Unit 7: Current challenges Human Capital Formation: How people become resource; Role of human capital in economic de-
facing Indian Economy velopment; Growth of Education Sector in India
Rural development: Key issues - credit and marketing - role of cooperatives; agricultural diversifi-
cation; alternative farming - organic farming
AUGUST Unit 3: Determination of In- Aggregate demand and its components.
come and Employment 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.
Unit 7: Current challenges Employment: Growth and changes in work force participation rate in formal and informal sectors;
facing Indian Economy problems and policies
Sustainable Economic Development: Meaning, Effects of Economic Development on Resources
and Environment, including global warming
TERM TEST -I SEPTEMBER
SEPT Unit 3: Determination of In- Problems of excess demand and deficient demand; measures to correct them - changes in govern-
come and Employment ment spending, taxes and money supply.
Unit 8: Development Experi- A comparison with neighbours
ence of India: India and Pakistan
India and China

Unit 4: Government Budget Government budget - meaning, objectives and components.


and the Economy Classification of receipts - revenue receipts and capital receipts;

OCT Unit 4: Government Budget Classification of expenditure – revenue expenditure and capital expenditure.
and the Economy Balanced, Surplus and Deficit Budget – measures of government deficit.

Unit 8: Development Experi- Issues: economic growth, population, sectoral development and other Human Development Indica-
ence of India: tors

PERIODIC TEST - II OCTOBER


ME -1 DECEMBER
ME- II JANUARY
ME- III JANUARY
Board Practical FEBRUARY

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