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Economics Class 12

Master Economics Class 12 with comprehensive NCERT Solutions, Practice Questions, MCQs, Sample Papers, Case Based Questions, and Video lessons.

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Economics for class 12 is a combination of 2 components that are Macro economics and Indian Economic Development.

At Teachoo, you can find NCERT questions, Past year questions as well as extra questions for Economics Class 12 prepared by expert teachers which will help you understand the concept clearly and score better.

Macroeconomics is the study of ‘macros’ i.e. studying the whole economy as one single unit. 

It focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments. Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies.

Macroeconomics consists of 5 units which are -

  • National income and Related Aggregates
  • Money and Banking
  • Determination of income and employment
  • Government budget and the economy
  • Balance of payments

The second component, which is the Indian Economic Development focuses on how the country has shaped up considering the economic factors since its independence in 1947.

Economic Development means programs, policies or activities that seek to improve the economic well-being and quality of life for a community. 

It is development measured in the form of HDI (Human Development Index).

Indian economic development is further divided into 4 units that are -

  • Development Policies and experience (1947 - 1990)
  • Economic Reforms since 1991
  • Current challenges facing the Indian Economy
  • Development experience of India: A comparison with its neighbours

These units are further divided into various chapters that will help you understand about the changes which have taken place over the 75 years of independence.

 

Click on a link below to start doing the chapter!

Macroeconomics

Chapter 1 Macro - Introduction Start Learning
Chapter 2 National Income Accounting - Basic Concepts Start Learning
Chapter 2 National Income - Part 2 Concept of GDP and GNP Start Learning
Chapter 2 National Income - Part 3 Value Added Method Start Learning
Chapter 2 National Income - Part 4 Income Method Start Learning
Chapter 2 National Income - Part 5 Expenditure Method Start Learning
Chapter 2 National Income - Part 6 Summary of Different Methods Start Learning
Chapter 3 Part 1 - Money Start Learning
Chapter 3 Part 2 - Banking Start Learning
Chapter 4 Part 1 - AD,AS and Related Concepts Start Learning
Chapter 4 Part 2 - Income Determination and Multiplier Start Learning
Chapter 4 Part 3 - Excess Demand and Excess Supply Start Learning
Chapter 5 - Government Budget Start Learning
Chapter 6 Part 1 - Foreign Exchange Rates Start Learning
Chapter 6 Part 2 - Balance of Payment Start Learning

Indian Economic Development

Chapter 1 IED Indian Economy On The Eve Of Independence Start Learning
Chapter 2 IED Indian Economy 1950-1990 Start Learning
Chapter 3 IED Liberalisation, Privatisation And Globalisation Start Learning
Chapter 4 IED Poverty Start Learning
Chapter 5 IED Human Capital Formation In India Start Learning
Chapter 6 IED Rural Development Start Learning
Chapter 7 IED Employment: Growth Informalisation Other Issues Start Learning
Chapter 8 IED Infrastructure Start Learning
Chapter 9 IED Environment And Sustainable Development Start Learning
Chapter 10 IED Comparative Development Experiences of India Start Learning

Solutions to CBSE Sample Paper - Economics Class 12

CBSE Class 12 Sample Paper for 2023 Solutions - Economics Start Learning
CBSE Class 12 Sample Paper for 2022 Boards [Term 2] - Economics Start Learning

Why Learn This With Teachoo?

Economics for class 12 is a combination of 2 components that are Macro economics and Indian Economic Development.

At Teachoo, you can find NCERT questions, Past year questions as well as extra questions for Economics Class 12 prepared by expert teachers which will help you understand the concept clearly and score better.

Macroeconomics is the study of ‘macros’ i.e. studying the whole economy as one single unit. 

It focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments. Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies.

Macroeconomics consists of 5 units which are -

  • National income and Related Aggregates
  • Money and Banking
  • Determination of income and employment
  • Government budget and the economy
  • Balance of payments

The second component, which is the Indian Economic Development focuses on how the country has shaped up considering the economic factors since its independence in 1947.

Economic Development means programs, policies or activities that seek to improve the economic well-being and quality of life for a community. 

It is development measured in the form of HDI (Human Development Index).

Indian economic development is further divided into 4 units that are -

  • Development Policies and experience (1947 - 1990)
  • Economic Reforms since 1991
  • Current challenges facing the Indian Economy
  • Development experience of India: A comparison with its neighbours

These units are further divided into various chapters that will help you understand about the changes which have taken place over the 75 years of independence.

 

Click on a link below to start doing the chapter!