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Class 12 - Economics

Complete NCERT syllabus — all chapters, topics, formulas and experiments. Click any chapter to start learning with AI support.

12

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17

Formulas

0

Experiments

0

Videos

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Syllabus Coverage0/12 chapters with full content

17

Formulas

0

Experiments

0

Videos

1

Determination of Income and Employment

Economics syllabus chapter for Class 12.

Aggregate demand and aggregate supply Keynesian theory of income determination Investment multiplier Full employment and involuntary unemployment Deflationary gap and inflationary gap

📐 5 formulas

2

Government Budget and the Economy

Economics syllabus chapter for Class 12.

Government budget: meaning and objectives Classification of receipts Classification of expenditure Balanced, surplus and deficit budgets Revenue deficit Fiscal deficit Primary deficit

📐 2 formulas

3

Introduction (Microeconomics)

Economics syllabus chapter for Class 12.

What is microeconomics?Central problems of an economy Production possibility frontier Opportunity cost

4

Introduction to Macroeconomics

Economics syllabus chapter for Class 12.

Emergence of macroeconomics Context of Keynesian Theory Circular flow of income

5

Market Equilibrium

Economics syllabus chapter for Class 12.

Equilibrium, excess demand and excess supply Effects of shifts in demand and supply on equilibrium

6

Money and Banking

Economics syllabus chapter for Class 12.

Money: its meaning and functions Supply of money: currency held by public Money creation by banking system Central bank Instruments of monetary policy

7

National Income Accounting

Economics syllabus chapter for Class 12.

Some basic concepts Circular flow of income Methods of calculating national income GDP and welfare

📐 3 formulas

8

Non-Competitive Markets

Economics syllabus chapter for Class 12.

Simple monopoly Monopolistic competition Oligopoly

9

Open Economy Macroeconomics

Economics syllabus chapter for Class 12.

The balance of payments Foreign exchange market Exchange rate determination Fixed and flexible exchange rates

10

Production and Costs

Economics syllabus chapter for Class 12.

Production function Total product, average product, marginal product Returns to a factor Returns to scale Costs: short run and long run

📐 3 formulas

11

The Theory of the Firm Under Perfect Competition

Economics syllabus chapter for Class 12.

Price taking Revenue Profit maximisation Supply curve Shut down and break even point

📐 2 formulas

12

Theory of Consumer Behaviour

Economics syllabus chapter for Class 12.

Utility Marginal utility Law of diminishing marginal utility Indifference curve Budget line Consumer equilibrium

📐 2 formulas