Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Term 1 (April – September)प्रथम सत्र (अप्रैल – सितंबर)First half of every subject, with a unit test every month.
Introduction to MacroeconomicsNational Income AccountingMoney and BankingDetermination of Income and EmploymentGovernment Budget and the EconomyOpen Economy MacroeconomicsIndian Economy on the Eve of Independence
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Half-yearly examअर्धवार्षिक परीक्षाHalf-yearly test on the first-term chapters, with a report to parents.
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Term 2 (October – January)द्वितीय सत्र (अक्टूबर – जनवरी)Second half of every subject, with unit tests.
Indian Economy 1950-1990Liberalisation, Privatisation and Globalisation: An AppraisalHuman Capital Formation in IndiaRural DevelopmentEmployment: Growth, Informalisation and Other IssuesEnvironment and Sustainable DevelopmentComparative Development Experiences of India and its Neighbours
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Revision & mock testsरिवीजन और मॉक टेस्टFull-syllabus revision, sample papers and board-pattern mock tests.
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Annual / board examवार्षिक / बोर्ड परीक्षाClass 12 annual / board exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 14 chapters · 73 topics
01Introduction to Macroeconomics
4 topics+
- Emergence of macroeconomics
- Context of present-day macroeconomics
- Macroeconomic sectors
- Circular flow of income
02National Income Accounting
6 topics+
- Basic concepts: stocks, flows, final and intermediate goods
- Circular flow of income
- Methods of calculating national income
- Aggregates: GDP, GNP, NDP, NNP at market price and factor cost
- Real and nominal GDP, GDP deflator
- GDP and welfare
03Money and Banking
5 topics+
- Functions of money
- Demand for and supply of money
- Credit creation by commercial banks
- Money multiplier
- Functions of the RBI and tools of monetary policy
04Determination of Income and Employment
6 topics+
- Aggregate demand and its components
- Consumption function: APC and MPC
- Saving function: APS and MPS
- Equilibrium output
- Investment multiplier
- Excess and deficient demand
05Government Budget and the Economy
5 topics+
- Objectives of the budget
- Components: revenue and capital
- Revenue and capital receipts
- Revenue and capital expenditure
- Revenue, fiscal and primary deficit
06Open Economy Macroeconomics
5 topics+
- Balance of payments: current and capital account
- BoP surplus and deficit
- Foreign exchange rate
- Fixed, flexible and managed floating rates
- Depreciation and appreciation
07Indian Economy on the Eve of Independence
6 topics+
- Colonial low-level economy
- Agricultural sector
- Industrial sector
- Foreign trade
- Demographic condition
- Occupational structure and infrastructure
08Indian Economy 1950-1990
5 topics+
- Goals of five-year plans
- Agriculture: land reforms and Green Revolution
- Industry and trade policy
- Industrial Policy Resolution 1956
- Import substitution
09Liberalisation, Privatisation and Globalisation: An Appraisal
5 topics+
- Background of the 1991 crisis
- Liberalisation
- Privatisation and disinvestment
- Globalisation, outsourcing and WTO
- Indian economy during reforms: an assessment
10Human Capital Formation in India
5 topics+
- Meaning of human capital
- Sources of human capital
- Human capital and economic growth
- Human capital and human development
- State of education in India
11Rural Development
5 topics+
- Meaning of rural development
- Rural credit and NABARD
- Agricultural marketing
- Diversification of production
- Organic farming
12Employment: Growth, Informalisation and Other Issues
6 topics+
- Workers and employment
- Participation of people in employment
- Self-employed and hired workers
- Distribution across sectors
- Informalisation of the workforce
- Unemployment
13Environment and Sustainable Development
4 topics+
- Functions of the environment
- State of India's environment
- Sustainable development
- Strategies for sustainable development
14Comparative Development Experiences of India and its Neighbours
6 topics+
- Developmental path of India, Pakistan and China
- Great Leap Forward and Cultural Revolution
- Demographic indicators
- Gross domestic product and sectors
- Human development indicators
- Appraisal of development strategies
About this course
You will be able to
- Calculate national income aggregates by the value added, income and expenditure methods
- Explain money, the money multiplier and the role of the RBI
- Use the consumption function and investment multiplier to explain income determination
- Read a government budget and calculate revenue, fiscal and primary deficits
- Explain the balance of payments and foreign exchange rates
- Discuss India's economic development from independence to the LPG reforms
- Analyse human capital, rural development, employment, environment and India-China-Pakistan comparisons
Who it is for
- Class 12 commerce and humanities students of CBSE and UP Board
- Students who need help with macroeconomics numericals and diagrams
- Students planning B.Com / BA Economics / CUET after Class 12
What you need
- Class 11 Economics (microeconomics and statistics basics) is helpful
- NCERT Introductory Macroeconomics and Indian Economic Development textbooks
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Which books are covered?
Both NCERT books: Introductory Macroeconomics and Indian Economic Development, as per the current rationalised syllabus.
Are numericals and diagrams practised?
Yes. National income, multiplier and budget numericals and the consumption, saving and AD-AS diagrams are practised regularly.
Is the project work guided?
Yes. Students get help with choosing a topic, collecting data and preparing for the viva.
How often are tests held?
A test after each chapter, monthly cumulative tests and board-pattern mock papers.
