Indian Economic Development class 12 2024-25
At senior secondary stage, the learners are in a position to understand abstract ideas, exercise the power of thinking and to develop their own perception. It is at this stage, the learners are exposed to the rigor of the discipline of economics in a systematic way. The economics courses are introduced in such a way that in the initial stage, the learners are introduced to the economic realities that the nation is facing today along with some basic statistical tools to understand these broader economic realities. In the later stage, the learners are introduced to economics as a theory of abstraction.
| Parts | Units | Marks | Periods |
|---|---|---|---|
| Part B | Indian Economic Development | ||
| Development Experience (1947-90) and Economic Reforms since 1991 | 12 | 28 | |
| Current Challenges facing Indian Economy | 20 | 50 | |
| Development Experience of India – A Comparison with Neighbors | 08 | 12 | |
| 40 | 100 |
Considering that you are enrolled in Class 12 Economics, you may be wondering what is about Indian economy. Here is the complete syllabus of the Indian Economy with unit wise and full detail as per CBSE curriculum.
Unit 1: Development Experience (1947-90) and Economic Reforms since 1991 – Syllabus of Indian economy
A brief introduction of the state of Indian economy on the eve of independence.
Indian economic system and common goals of Five Year Plans. Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.
Economic Reforms since 1991: Features and appraisals of liberalisation, globalisation and privatisation (LPG policy); Concepts of demonetization and GST
Unit 2: Current challenges facing Indian Economy – Syllabus of Indian Economy
Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India
Rural development: Key issues – credit and marketing – role of cooperatives; agricultural diversification; alternative farming – organic farming
Employment: Growth and changes in work force participation rate in formal and informal sectors; problems and policies
Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming
Unit 8: Development Experience of India – Syllabus of Indian Economy
A comparison with neighbours
India and Pakistan
India and China
Issues: economic growth, population, sectoral development and other Human
Development Indicators
You tube Video on syllabus of Indian Economy Class 12
