ECONOMICS - CLASS 12 - MICRO SCHEDULE

No of
Week Date Topic Exams
periods
Chapter – 1 Circular Flow Income

1st week Mar 4 - 16 Meaning, Stock and Flow, Types of Circular Flow 8

Circular Flow in a two sector Economy

Sunday
Circular Flow in a two sector Economy
Circular Flow in a two sector Economy
9
2nd week Mar 7 - 23 Real Flow and Money Flow
Real Flow and Money Flow
Holiday
Review of Possible Questions
Sunday
Chapter – 2 Basic concepts of Macroeconomics

Domestic Territory, Normal Residents

3rd week Mar 24 - 30 Factor Income & Transfer Income
Final Goods and Intermediate Goods, Capital 12
Goods
Gross Investment,Net Investment and
Depreciation
NIT,NFIA
Sunday
Chapter 3 National Income & Related Aggregates
- Basics

GDP,GNP,NDP,NNP – Market Price and Factor Cost

4th week Apr 1 - 5 GDP,GNP,NDP,NNP – Market Price and Factor Cost 10

GDP,GNP,NDP,NNP – Market Price and Factor Cost

GDP,GNP,NDP,NNP – Market Price and Factor Cost

Holiday
Sunday
Problems Based on MP & FC
Problems Based on MP & FC
Problems Based on MP & FC
5th week
Apr 8 - 13 Chapter – 4 Measurement of National Income- 12
Introduction
Value Added Method - Basics
Income & Expenditure Method - Theory
Sunday
Reconciliation of Three Methods

6th week
Apr 15 - 20 10
 Treatment of Different Items in National Income

Holiday
6th week
Apr 15 - 20 10
Treatment of Different Items in National Income

Holiday
National Income @ Current and constant Prices

Sunday
National Income @ Current and constant Prices

Problems on VAM
7th week
Apr 22 - 27 Problems on VAM 12
Problems of IM
Problems on IM
Problems on EM
Sunday
Problems on EM
2
Chapter – 5 Money – Introduction
8th week Apr 29 - Holiday
May 4 Barter Exchange
Functionsof Money – Primary & Secondary 6
Definition of Money, Money Supply
Sunday
Definition of Money, Money Supply
Review of Possible Questions
9th week Chapter – 6 Banking
May 6 -11 12
Functions of Commercial Bank - Primary
Functions of Commercial Bank - Secondary
Money Creation or Credit Creation
Sunday
Central Bank and its functions
10 week
th
Central Bank and its functions
May 13 - 15 6
Central Bank VS commercial Bank &Review Of
Possible Questions
Summer Holidays (May 16th to may 31st)
Chapter -7 Aggregate Demand &Related
10th week Jun-01 2
Concepts - Intrroduction
Sunday
Components of Aggregate Demand
Aggregate Supply
Holiday
11th week
Jun 3 - 8 Consumption Function – Types 9
Types of Propensities to consume

Saving Function – Types of Propensities to save

Sunday

12th week
 Investment Function, Determinants of Investment

Problems and Review of Related Questions

12 week
th
Jun10 - 15 Chapter – 8 Income Determination & Multiplier 12

AD- AS Approach
S- I Approach
Equilibrium Level
Sunday
Equilibrium Level
Equilibrium Level
Multiplier
13th week
Jun 17 - 22 Multiplier 12

Chapter – 9 Excess Demand and Deficit Demand

Concept and measures to correct ED

Sunday
Concept and measures to correct ED
Concept and measures to correct DD
14th week ED & DD in a three sector Economy
Jun 24 - 29 12
Chapter – 10 Govt Budget & the Economy
Objectives, Components
Objectives, Components
Sunday
Budget Receipts
Measures of Government Deficit
Chapter – 11 Foreign Exchange Rate 6
15th week
Jul 1- 06 Currency Appreciation vs Depreciation
Currency Appreciation vs Depreciation
Types and Demand for FOREX 3
Types and Demand for FOREX
Sunday
Chapter 12 - BOP
Meaning – BOP,BOT
Jul 8 - Jul 10 6
16 week
th Components ,Autonomous and Accommodating

Jul-11 Tour
Jul-12 Tour
Jul-13 Tour
Sunday
Deficit in the Balance of Payments
Review of Possible questions
INDIAN ECONOMIC DEVELOPMENT
17th week Chapter 1 Indian Economy on the eve of
Jul 15 - 20 12
Independence
Colonial Rule

Agricultural, Industrial sectors, Foreign Trade

 Sunday
Demographic Condition,Occuaptional structure &
Infrastructure
Chapter – 2 INDIAN ECONOMY 1950 - 1990
18th week
Jul 22 - 27 Goals of five year plans 12
Agriculture
Industry and trade
Trade policy : Import Substitution
Sunday
Chapter – 3 Liberalization, Privatisation And
Globalisation
Background
19th week Jul 29 -Aug
LPG Overview 12
3
LPG Overview
Indian Economy During Reforms
Chapter 4 Poverty
Sunday
Poor
Identification,No’s,Causes of Poverty
Poverty Alleviation Programs
20th week
Aug 5- 10 Poverty Alleviation Programs 12

Chapter – 5 Human Capital Formation in India

Human Capital - Intro

Sunday
Sources
Human capital and Development
21st week Human Capital formation in India
Aug 12 - 17 10
Holiday
Education In India- Future Prospects
Chapter – 6 Rural Development
Sunday
Rural Development
Credit And Marketing In Rural Areas
Diversification into productive activities
22nd week
Aug 19 - 24 Sustainable Development and organic farming 10

Holiday
Chapter – 7 Employment - self
Employment,structure
Sunday
Unemployment,Govt & Employment Generation

Unemployment,Govt & Employment Generation

23rd week Chapter 8 – Infrastructure , Introduction and

Aug 26 - 31 12
India
Energy,Health
23rd week
Aug 26 - 31 12

Energy,Health
Chapter 9 – Environment and Sustainable
Development – Defn & Function
Sunday
State of India’s Environment
Strategies for sustainable Development
Strategies for sustainable Development
24th Week
Ser 2 - 7 Chapter 10 – Comparative Development 10
Expeiences
Demographic Indicators
GDP & Sectors
Sunday
Indicators of Human Development
25th week
Development Strategies – An Appraisal 6
Sep 9 -11 Development Strategies – An Appraisal