Class 12th Economics 30 Days Teaching Plan For Teacher || Class 12th Economics Teaching Plans

30-Day Teaching Plan: Class 12th NCERT Economics

30-Day Teaching Plan: Class 12th NCERT Economics

Important Considerations Before Starting:

  • Syllabus Structure: Class 12th NCERT Economics is divided into two parts:
    • Introductory Microeconomics
    • Introductory Macroeconomics
  • Pace: This is a condensed plan. Adjust the pace based on your students' understanding and grasping speed. Some topics might require more time.
  • Activities: Incorporate discussions, real-world examples, case studies, and previous years' question papers to make learning engaging.
  • Assessment: Regular short quizzes or discussions after completing a topic are beneficial.
  • NCERT Focus: This plan strictly adheres to the NCERT syllabus.

Part A: Introductory Microeconomics (Approx. 15 Days)

Day Topic Chapters Covered (NCERT) Suggested Activities/Focus
Week 1: Introduction & Consumer Behavior
1 Introduction to Microeconomics Chapter 1 Meaning of Microeconomics, Central Problems of an Economy (What, How, For Whom to Produce)
2 Opportunity Cost, PPC Chapter 1 Production Possibility Curve and its properties, Opportunity Cost.
3 Consumer's Equilibrium - Utility Approach Chapter 2 Utility, Marginal Utility, Law of Diminishing Marginal Utility, Consumer's Equilibrium.
4 Consumer's Equilibrium - Indifference Curve Chapter 2 Indifference Curve, Indifference Map, Budget Line, Consumer's Equilibrium.
5 Demand Chapter 2 Meaning of Demand, Demand Schedule, Demand Curve, Determinants of Demand.
Week 2: Demand, Elasticity & Production
6 Elasticity of Demand Chapter 2 Price Elasticity of Demand - Percentage Method, Geometric Method, Factors affecting.
7 Production Function Chapter 3 Short-Run and Long-Run Production Function, TP, AP, MP, Law of Variable Proportions.
8 Cost Chapter 3 Short run costs – Total Cost, Total Fixed Cost, Total Variable Cost; Average Cost; Marginal Cost.
9 Revenue Chapter 3 Total Revenue, Average Revenue, Marginal Revenue and their relationships.
10 Revision & Doubt Clearing (Micro - Part 1) Chapters 1-3 Quick recap, solving student queries, practice numericals.
Week 3: Producer Behavior & Market Structures
11 Producer's Equilibrium Chapter 4 Meaning and its conditions in terms of MR-MC approach.
12 Supply & Elasticity of Supply Chapter 4 Meaning of Supply, Supply Schedule, Supply Curve, Determinants, Elasticity of Supply.
13 Forms of Market - Perfect Competition Chapter 5 Features, Price determination under perfect competition, firm's equilibrium.
14 Forms of Market - Monopoly, Monopolistic Chapter 5 Features and implications of Monopoly and Monopolistic Competition.
15 Forms of Market - Oligopoly Chapter 5 Features and implications of Oligopoly. Simple applications of demand and supply.

Part B: Introductory Macroeconomics (Approx. 13 Days)

Day Topic Chapters Covered (NCERT) Suggested Activities/Focus
Week 4: National Income & Related Aggregates
16 Introduction to Macroeconomics & Circular Flow Chapter 1 Meaning of Macroeconomics, Basic concepts: Consumption goods, capital goods, final goods etc. Circular flow of income.
17 National Income Aggregates Chapter 2 GDP, GNP, NDP, NNP (at market price and factor cost), Basic concepts of National Income.
18 Methods of Calculating National Income Chapter 2 Value Added Method, Income Method, Expenditure Method. Numericals.
19 Precautions & Difficulties in NI Estimation Chapter 2 Real vs Nominal GDP, GDP and Welfare.
20 Revision & Doubt Clearing (Macro - Part 1) Chapters 1-2 Recap of concepts, practice numericals on National Income.
Week 5: Money, Banking & Income Determination
21 Money Chapter 3 Meaning, Functions of Money, Supply of Money.
22 Banking Chapter 3 Commercial Banks - Functions, Credit Creation. Central Bank - Functions (RBI).
23 Aggregate Demand & Its Components Chapter 4 Propensity to Consume and Propensity to Save (average and marginal).
24 Short-run Equilibrium Output Chapter 4 Investment Multiplier and its mechanism.
25 Problems of Deficient & Excess Demand Chapter 4 Measures to correct them - changes in government spending, taxes and money supply.
Week 6: Government Budget & Balance of Payments
26 Government Budget and the Economy Chapter 5 Meaning, Objectives, Components (Revenue and Capital Receipts & Expenditure).
27 Budgetary Deficits Chapter 5 Revenue Deficit, Fiscal Deficit, Primary Deficit – their meaning and implications.
28 Balance of Payments Chapter 6 Meaning, Components (Current and Capital Account), Balance of Payments Deficit.

Revision & Assessment (Approx. 2 Days)

Day Topic Activities
29 Full Syllabus Revision - Microeconomics Quick review of all Microeconomics chapters, important diagrams, formulas, key terms. Practice questions.
30 Full Syllabus Revision - Macroeconomics & Mock Test Quick review of all Macroeconomics chapters, important concepts, formulas. Conduct a short mock test covering both parts or focus on solving past paper questions.

Tips for Effective Teaching:

  • Relate to Real Life: Use current economic events or everyday examples to explain concepts.
  • Visual Aids: Utilize graphs, diagrams, and flowcharts extensively, especially for concepts like PPC, demand-supply curves, cost-revenue curves, circular flow, etc.
  • Numericals: Dedicate specific time for practicing numerical problems, especially in National Income, Elasticity, Cost, and Revenue.
  • Previous Year Papers: Familiarize students with the exam pattern and types of questions asked by discussing questions from previous years.
  • Interactive Sessions: Encourage students to ask questions and participate in discussions.
  • Regular Tests: Conduct short weekly tests or quizzes to assess understanding and identify areas needing more attention.
  • Summaries: At the end of each chapter, provide a concise summary of the key takeaways.
  • Clarity on Definitions: Ensure students have a clear understanding of all economic terms.

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