Download NCERT Class 12 Economics Books PDF Free

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Economics is a subject that focuses majorly on the capabilities of individuals being consumers and producers in the market and deals in finding solutions to their problems. It includes topics like basic problems of the economy and the market like price mechanism, the theory of demand and supply, production and cost, and business cycles. 

Students who are still confused about which books should I read to complete the Economic 2021 syllabus? Is the second book Introductory microeconomics or Indian development Book?which chapters are deleted in the reduced 30% course,then this blog is just for your help.

 Here we have shared a complete economics syllabus, Solutions papers. Marks weightage,   book class 12 pdf download for CBSE students, and also the chapter wise links rightly  syncing with the new and reduced syllabus.  

Downloading  NCERT Class 12 Economics books PDF as the best study material to prepare for CBSE class 12th “ Eco” exams. Introductory macroeconomics textbook and Indian Economic Development book are two main reference books to prepare for CBSE class 12th Economics.

Students who are through with the entire syllabus and study with Only NCERT books can also score more than 90% marks in Economics 2021 12th  board Exams. 

 CBSE has announced that 2021 board exams will now be held from 4th May 2021, Tuesday. Due to Covid-19 students were not able to attend school for a long time.

VSI is a CA coaching institute in India that provides the best CA coaching for foundation, intermediate and final. CBSE Class 12th commerce students prefer to choose CA as a professional course after their senior secondary exams

 VSI provides all the necessary information  and pdf files related to  CBSE class 12th commerce and other state boards. In order to know class 12th Commerce  syllabus, Class12th commerce marks weightage, NCERT Economics book class  12th solutions, Class 12th commerce books, CBSE class 12th commerce papers CBSE, Economics syllabus and many more please Visit our website.

To excel in your commerce 2021 exams read our blog on preparation tips and advice from our expert teachers.

Students can either take a printout of pdf or study directly through soft copy.

CBSE Prescribed Book for 2021Economics Exam:

Students who are appearing for CBSE class 12th Economics exam in English should follow these books

Students who are appearing for CBSE class 12th Economics exam in Hindi should download class 12 economics book pdf in hindi

CBSE Class 12th 2021 Economics Syllabus Chapter Wise Book PDF

There are 5 chapters  from the Introductory Macroeconomics book  and 10 chapters from the 2nd book Indian Economic Development  that cover the entire syllabus of Economics for class 12th exams that will be held in May, 2021.

According to the CBSE commerce students who have opted for Economics  (Code No. 030)  should divide their entire course in 3 different parts;

Part A Introductory Macroeconomics

Part B Indian Economic Development

Part C Project Work

Download the Syllabus for Economics 2021 PDF

Download the Deleted Syllabus for Economics 2021 PDF

Download the Project Syllabus for Economics 2021 PDF

 

CBSE Class 12th 2021 Economics Syllabus Chapter Wise

To cover the first Part A syllabus students will require introductory macroeconomics textbook in economics for class 12 ncert , and to cover Part B class 12 indian economics book pdf. 

 The marks weightage given to part A is 40marks and Part B also for 40 marks . Students need to submit a practical project report to score 20 more marks for Part C .

Reduced Syllabus Notes Covered In NCERT Book 1 Introductory Macroeconomics Part- A

Introductory macroeconomics textbook in economics for class 12 ncert will help students to understand the fundamentals of macroeconomics. With this the students  will develop understanding of Economics  role in nation building and sensitivity to the economic issues

that the nation is facing today.

There are 5 units in this Part A

Unit 1. National Income and Related Aggregates 

Emergence of Macroeconomics (read notes)

Context of the Present Book of Macroeconomics 

National Income Accounting 

Some Basic Concepts of Macroeconomics

Circular Flow of Income and Methods of Calculating National Income 

The Product or Value Added Method 

Expenditure Method 

Income Method

Factor Cost, Basic Prices and Market Prices

Some Macroeconomic Identities

Nominal and Real GDP 

GDP and Welfare

12th class Students can Download Notes for CBSE Economics Chapter 1National Income and Related Aggregates

Unit 2 Money and Banking 

Functions of Money

Demand for Money and Supply of Money 

Demand for Money 

Supply of Money 

Money Creation by Banking System

Balance Sheet of a Fictional Bank 

Limits to Credit Creation and Money Multiplier 

Policy Tools to Control Money Supply

12th class Students can Download Notes for CBSE Economics Chapter 3 Money

Students can Download Notes for CBSE Economics banking

Deleted Topics:Control of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement

Unit 3 Determination of Income and Employment 

Aggregate Demand and its Components

Consumption 

Investment 

Determination of Income in Two-sector Model

Determination of Equilibrium Income in the Short Run 

Macroeconomic equilibrium with price level fixed 

Effect of an autonomous change in aggregate demand on income and output  2020-21

The Multiplier Mechanism 

Some More Concepts

 

Students can Download Notes for CBSE Economics Chapter 4 Determination of Income and Employment 

 

Unit 4 Government Budget and the Economy 

Government Budget – Meaning and its Components

Objectives of Government Budget 

Classification of Receipts 

Classification of Expenditure 

Balanced, Surplus and Deficit Budget 

Measures of Government Deficit

 

12th class Students can Download Notes for CBSE Economics Chapter Government Budget and the Economy

Unit 5 Balance of Payments

The Balance of Payments

Current Account 

Capital Account 

Balance of Payments Surplus and Deficit 

The Foreign Exchange Market 

Foreign Exchange Rate 

Determination of the Exchange Rate

Merits and Demerits of Flexible and Fixed Exchange Rate Systems 

Managed Floating 

 

Students can Download Notes for CBSE Economics Chapter Balance of Payments

 

Deleted Topics: Balance of payments deficit-meaning. Determination of exchange rate in a free market

Syllabus Notes Covered In NCERT Book 2 Indian Economic Development Part- B

TheSecond book Introductory to Microeconomics is not in the Syllabus of 2021.

 

Indian Economic Development Book is the second book that helps students to understand the positive and negative effectives of all the economic policies formulated for development of our country.

 

 Indian Economy On The Eve Of Independence

 

Development Policies And Experience (1947-1990) 1-35

Chapter 1: Indian Economy On The Eve Of Independence 3

– Low Level Of Economic Development Under The Colonial Rule

– Agricultural Sector 

– Industrial Sector 7

– Foreign Trade

– Demographic Condition 

– Occupational Structure 1

– Infrastructure 

 

12th class Students can Download Notes for CBSE Economics Chapter Indian Economy On The Eve Of Independence 

Chapter 2 : Indian Economy 1950-1990 

– The Goals Of Five Year Plans 

– Agriculture 

– Industry And Trade 

– Trade Policy: Import Substitution 

 

12th class Students can Download Notes for CBSE Economics Chapter Indian Economy 1950-1990 

 

Chapter 3 : Liberalisation, Privatisation And Globalisation : An Appraisal 

– Background

– Liberalisation 

– Privatisation 

– Globalisation 

-Concepts of demonetization and GST 

– Indian Economy During Reforms: An Assessment

 

12th class Students can Download Notes for CBSE Economics Chapter Liberalisation, Privatisation And Globalisation : An Appraisal 

 

Chapter 4 : Poverty

– Who Are The Poor? 

– How Are Poor People Identified?

– The Number Of Poor In India 2020-21

– What Causes Poverty? 

– Policies And Programmes Towards Poverty Alleviation 

– Poverty Alleviation Programmes—a Critical Assessment

 

12th class Students can Download Notes for CBSE Economics Chapter  Poverty

 

Chapter 5 : Human Capital Formation In India

– What Is Human Capital? 

– Sources Of Human Capital 

– Human Capital And Human Development 

– State Of Human Capital Formation In India

– Education Sector In India 

– Future Prospects

 

12th class Students can Download Notes for CBSE Economics Chapter Human Capital Formation In India

 

Chapter 6 : Rural Development

– What Is Rural Development? 

– Credit And Marketing In Rural Areas 

– Agricultural Market System 

– Diversification Into Productive Activities 

– Sustainable Development And Organic Farming

 

12th class Students can Download Notes for CBSE Economics Chapter Rural development

 

Deleted Topics:  Growth of Education Sector in India alternative farming – organic farming 

Chapter 7 : Employment: Growth, Informalisation And Other Issues 

– Workers And Employment 

– Participation Of People In Employment 

– Self-employed And Hired Workers 

– Employment In Firms, Factories And Offices 

– Growth And Changing Structure Of Employment 

– Informalisation Of Indian Workforce 

– Unemployment 

– Government And Employment Generation

12th class Students can Download Notes for CBSE Economics Chapter Employment: Growth, Informalisation And Other Issues 

Chapter 8 : Infrastructure

– What Is Infrastructure? 

– Relevance Of Infrastructure 

– The State Of Infrastructure In India 

– Energy 

– Health

Growth of Education Sector in India alternative farming – organic farming 

Deleted Topic: Energy

12th class Students can Download Notes for CBSE Economics Chapter  Infrastructure

Chapter 9 : Environment And Sustainable Development

– Environment — Definition And Functions 

– State Of India’s Environment 

– Sustainable Development 

– Strategies For Sustainable Development

12th class Students can Download Notes for CBSE Economics Chapter Environment And Sustainable Development
Chapter 10 : Comparative Development Experiences Of India And Its Neighbours

– Developmental Path — A Snapshot View 

– Demographic Indicators 

– Gross Domestic Product And Sectors 

– Indicators Of Human Development

– Development Strategies — An Appraisal

12th class Students can Download Notes for CBSE Economics Chapter Comparative Development Experiences Of India And Its Neighbours

Syllabus Covered In Project Work Part- C Of CBSE Economics 2021

 Part C is project work Project Work which can be submitted from March onwards. Students need to prepare a project file and also prepare for a written test and viva  for Part c of the syllabus. In order to assess the student on their practical knowledge CBSE has also issued guidelines on preparing project files. Students can read our blog on Economics project work for 2020-2021 to know project ideas, prescribed format, marks weightage and how and when to submit the project.

Suggested Economics Project Ideas By CBSE

  1. Micro and Small Scale Industries
  2. Food Supply Channel in India
  3. Contemporary Employment situation in India
  4. Disinvestment policy of the government
  5. Goods and Services Tax Act and its Impact on GDP
  6. Health Expenditure (of any state)
  7. Human Development Index  Inclusive Growth Strategy
  8.  Self-help group  Trends in Credit availability in India
  9.  Monetary policy committee and its functions 
  10.  Role of RBI in Control of Credit
  11.  Government Budget & its Component
  12.   Trends in budgetary condition of India
  13.  Exchange Rate determination – Methods andTechniques
  14.  Currency War – reasons and repercussions
  15.  Livestock – Backbone of Rural India  Alternate fuel – types and importance
  16.  Sarwa Siksha Abhiyan – Cost Ratio Benefits  
  17. Golden Quadrilateral- Cost ratio benefit
  18.  Minimum Support Prices 
  19.  Relation between Stock Price Index and Economic Health of Nation
  20.  Waste Management in India – Need of the hour
  21.  Minimum Wage Rate – approach and Application
  22.  Digital India- Step towards the future  Rain Water Harvesting – a solution to water crises
  23.  Vertical Farming – an alternate way  
  24. Silk Route- Revival of the past
  25.  Make in India – The way ahead  Bumper Production- Boon or Bane for the farmer
  26.  Rise of Concrete Jungle- Trend Analysis  
  27. Organic Farming –

Students can create a project file by referring to both the Economics book published by NCERT. 

Free Download of CBSE Question Bank for 2021 Economics Exams.

CBSE has also updated their website and exam patterns.CBSE has released 2021 Economics Examination related material. Students should avoid flickering over site by site to fetch the free PDFs download of the sample papers. VSI is  providing all the sample questions papers  and their marking scheme for the last 5 years. Students can also  download PDF of  compartmental question paper suggested by CBSE with the solution. 

Download CBSE Class 12th Economics Sample Paper 2020-21

Download the year 2020-2021sample question paper along with the answer key

Download CBSE Class 12th Economics Sample Paper 2019-20

Download the year 2019-2020 sample question paper along with the answer key

https://drive.google.com/file/d/1NfuvtQTbfWTL9dXv81JgA4rRQXJDzspn/view?usp=sharing

Download CBSE Class 12th Economics Sample Paper 2018-19

Download the year 2018-2019 sample question paper along with the answer key

Download CBSE Class 12th Economics Sample Paper 2017-18

Download the year 2017-2018 sample question paper along with the answer key

Download CBSE Class 12th Economics Sample Paper 2016-17

Download the year 2016-2017 sample question paper along with the answer key

Download CBSE Class 12th Economics Sample Paper 2015-16

Download the year 2015-2016 sample question paper along with the answer key

Download the Previous Year question paper sets along with the answer key

How to study for CBSE Class 12th 2021 Economics Paper?

12 th standard is one of the most crucial stages in any student’s life. This is the phase where students make assertive decisions to unfold their dreams and ambition. The syllabus for 2021 provided here is updated and is aligned with CBSE pattern. With thorough focus and regular practise students can complete the syllabus on time. Till then students should keenly go through the entire syllabus and mark the deducted chapters in their NCERT books. 

The students can also take help of other books for more practise on syllabus but we would suggest keeping NCERT books as the base is enough at this level. 

Why Should You Consider NCERT Books for CBSE Class 12th Economics Paper?

National Council of Education Research and Training(NCERT) is an organisation established in 1961 with the single motive of improving education standard in India. Since then they have been supporting CBSE with any decision regarding studies. They also extend their support to state boards and international Boards. 

NCERT is the authorised publishing house for CBSE curriculum. NCERT draft and publish primary, secondary and  senior secondary textbooks, model textbooks, and even supplementary material. They also publish a newsletter and magazine to promote innovative learning methods and their views about current curriculum. If you are looking for educational kits or multimedia digital materials specifically for CBSE curriculum, then NCERT is the best publisher in India. 

There are many popular books for class 12th Economics available in the market like TR Jain and morel. But after reviewing the12th  last 10 year paper from all boards, we suggest that completing the entire syllabus of NCERT book is enough to score more than 90% marks in Economics. 

NCERT books are well structured, clear and simple. They are also the most authentic copy of the entire updated study material. 

As a pioneer educator for the last 14 years, we advise our students to only study from NCERT books.

Comment below if you want to.know more about CBSE class XII Economics Paper.



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