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Council of Higher Secondary Education
Curriculum and Syllabus for Classes XI & XII
Economics
Class XI
| One Paper |
3 Hours |
100 Marks |
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First Half |
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INDIAN ECONOMY
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| Units |
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50 Marks |
1.
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Evolutior, of the Indian Economy upto 1947
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10 Periods
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Impact of British rule in the Indian Economy.
Growth of capitalist enterprises.
Economic consequences of British rule in India. |
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2.
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General Economic Development Since
Independence
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35 Periods
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Natural resources and economic development; Nature of the Indian economy;
Mealing of Economic Growth; National Income and Economic Growth; Factors of
Economic Growth. Development plans - Objectives, strategies and achievements;
Economic growth and structural changes. |
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3.
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Current Problems of the Indian Economy
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25 Periods
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Population explosion-nature, causes, consequences and
remedies. Problems of poverty, inequality and unemployment. Price trends; Foreign trade and Balance of
payments. |
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4.
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Sectoral Developtnent Since Independence
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30 Periods
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Agricultural development and the food problem; Agrariaii reforms;
Industrial policy and development; Smallscale and household industries;
Transport and Communications; Development or human resources-education and training, health and nutrition, housing and
civic amenities. |
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Second Half
ELEMENTARY STATISTICS
| Units |
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50 Marks |
5.
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Role of Statistics in Economic Analysis
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10 Periods
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Nature and scope of statistics; Definition of Statistics ;
Need for empirical and quantitative analysis. |
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6.
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Collection and organisation of Statistical
Data
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20 Periods
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Primary and secondary data, census and sample methods
of data collection (elementary aspects only). |
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7.
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Presentation of Data
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30 Periods
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Tables; Diagrams-bar diagrams, pie diagrams, frequency
curves and ogives; Time series. |
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8.
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Condensation of Data
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40 Periods
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Measures of central tendency-mean, median and mode; partition values -
quartiles, deciles and percentiles; Measures of dispersion-range, mean
deviation, standard deviation, coefficient of variation, skewness and kurtosis;
Index Numbers (concepts only). |
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Books-Recommended
Indian Economics and Elementary Statistics by I.C.
Dhingra and D. Raj published by Sultan Chand & Sons.
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Economics
CLASS XII
| One Paper |
3 Hours |
100 Marks |
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Introduction to Economic Theory
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First Half |
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| Units |
Micro Economics |
50 Marks |
1.
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Nature and scope of Economics
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10 Periods
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Definition and Scope of Economics ; Micro and 1Maerc,
Economics ; Iniportant economic terms and concepts ;
Nature of economic activities ; Positive, normative and
applied economics. |
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2.
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Production
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20 Periods
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Meaning of production ; Factors of production- Land,Labour, Capital and organisation ; Laws of returns and
Returns to scale. |
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3.
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Demand, Supply and Price
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50 Periods
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Law of demand, elasticity of demand, shifts in demand,
Law of supply, elasticity of supply, shifts in supply.
Average, marginal and total Cost. Average, marginal
and total Revenue.Perfect competition ; equilibrium Price and output under perfect competition.
Sllifts in demand and supply and changes in the equilibrium price.
Other market forms : monopoly, duopoly, oligopoly and rnonopolistic
competition. |
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4.
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Distribution
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20 Periods
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An Elementary treatment of the pricing of factors of production- Rent, Wages,
Interest and Profits.
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Second Half
MICRO ECONOMICS
5.
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National Income Accounting
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10 Periods
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Concepts of National Income: System of National Accounting ; Generation and
measurement of national income; Utility of national income studies. |
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6.
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Macro Economic Theory
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35 Periods
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Aggregate demand and Aggregate supply and their mutual
relationship ; Consumption, saving and investment functions ; Rate of interest
and income ; Equality of Saving and Investment. |
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7.
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Money and Banking
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25 Periods
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Meaning, kinds, functions and qualities of money , Evolution of money ; Quantity
theory of money and value of money. Banking- Meaning and types of banks ;
Functions of Cornmercial and Central Banks. |
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8.
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Public Finance
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30 Periods
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Public and Private Finance ; sources of public income, Canons of
taxation ; Types of Taxes and principles of taxation ; Public expenditure
and its effects ; Meaning and types of public debts and modes of repayment. |
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Books Recommended
An Introduction to Economic Theory by I.C. Dhingra and
V.C, Garg published by Sultan Cband & Sons.
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