Economics (2281)
Term wise Breakdown 2022-2023
IX C
TERM 1 TERM 2
1. The basic Economic problem 2. The allocation of resources
1.1 nature of economics problem 2.10 Market Failure
1.2 factors of production
1.3 opportunity cost
1.4 PPF/PPC 3. Microeconomic Decisions
3.5 Firms
2. Allocation of Resources 3.6 Firms & Production
2.1 Microeconomics & Macroeconomics 3.7 Firms’ cost revenue & Objectives
2.2 Role of markets in allocating resources 3.8 Market structure
2.3 Demand 3.9 money & banking
2.4 Supply 3.10 Household
2.5 Price determinants
2.6 Price Changes
2.7 Price elasticity of demand (PED)
2.8 Price elasticity of supply (PES)
2.9 market economic system
2.11 mixed economic system
XC
TERM 1 TERM 2
3. Microeconomic Decision Makers 4. Government and the macroeconomics
3.3 Workers
4.5 Inflation & deflation
3.4 Trade Unions
4.6 Economic Growth
4.7 Employment & unemployment
4. Govt. and the macroeconomic
4.1 Role of the government
4.2 Macroeconomic aims of government
4.3 Fiscal policy
4.4 Fiscal policy continued
4.4 Monetary policy
4.5 Supply-side policy
XI C
TERM 1 TERM 2
5.Economic Development Term 2
5.1 Living Standards
5.2 poverty Revision
5.3 population
5.4 Difference in economic development
between countries
6. International Trade & globalization
6.1 International Specialization
6..2 Globalization, free trade & protection
6.3 Foreign Exchange rates
6.4 current account of balance of payment
GENERAL SUPPORT GUIDELINES:
● Book References Economics by Susan Grant
● General Guidelines
