Understanding Economic Development
CLASS 10
Syllabus & Learning Objectives
Chapter 1
Development
Syllabus
Learning Objectives
Syllabus
Following topics are covered in this chapter:
- What development promises – Different people have different goals of development
- Concept of PPP – Purchasing power parity
- Perspectives on development
- Common indicators and methods of measuring development
- Income and other goals – this will talk about high salary, job securities, etc.
- National development – the ability of a nation to improve the standard of living of its citizens. This includes per capita income, Gross domestic products, literacy rates, etc.
- Comparison of different countries or states on the basis of per capita income and not national income, because each country has a different population rate.
- Calculation of per capita income.
- Income and other criteria.
- Public facilities.
- Sustainable development.
Learning Objectives
- Familiarize with concepts of macroeconomics.
- Understand the rationale for overall human development in our country, which includes the rise of income, improvements in health and education rather than income.
- Understand the importance of quality of life and sustainable development.
- Examines and evaluates collected /given information in order to construct views /arguments /ideas on its basis: For example, the learner examines for constructing views /ideas /arguments. Recognizes differences /different perspectives /different situations, etc. in order to demonstrate sensitivity and appreciation skills.
Chapter 2
Sectors of the Indian Economy
Syllabus
Learning Objective
Syllabus
Following topics are covered in this chapter:
- Economic activities and detail of the three sectors
- Primary sector – Agriculture
- Secondary sector – Industrial sector
- Tertiary sector – Services
- Comparison of these sectors.
- Division of sectors as organized and unorganized
- Sectors in terms of ownership: Public and Private Sectors
- Historical changes in these sectors
- Importance and contribution of the three sectors in the Indian economy
- How to create more employment through these sectors.
Learning Objective
- Identify major employment generating sectors.
- Reason out the government investment in different sectors of economy.
- Extrapolates in order to predicts events and phenomena.
Chapter 3
Money and Credit
Syllabus
Learning Objectives
Syllabus
Following topics are covered in this chapter:
- Money as a medium of exchange
- Modern forms of money
- Loan activities of Banks
- Two different credit situations
- Terms of credit
- Formal sector credit in India
- Self Help Groups for the Poor
Learning Objectives
- Understand money as an economic concept.
- Understand the role of financial institutions from the point of view of day-to- day life.
- Examines and evaluates collected /given information in order to construct views /arguments /ideas on its basis.
Chapter 4
Globalisation and the Indian Economy
Syllabus
Learning Objectives
Syllabus
Following topics are covered in this chapter:
- Production across countries
- Interlinking production across countries
- Foreign Trade and integration of markets
- What is globalization?
- Factors that have enabled Globalisation
- World Trade Organisation
- Impact of Globalization on India
- The Struggle for a fair Globalisation
Learning Objectives
- Explain the working of the Global Economic phenomenon.
- Examines and evaluates collected /given information in order to construct views /arguments /ideas on its basis.
Chapter 5
Consumer Rights
Syllabus
Learning Objectives
Syllabus
Following topics are covered in this chapter:
- Consumer Rights
- Right to Information
- Right to seek redressal
- Right to Choose
- Right to Represent
- Right to Safety
- Right to Consumer Education
- Ill-practise in the marketplace
- How legal institutions helped consumers in upholding their rights.
- Requirement of rules and laws in the marketplace.
- Unethical practices of trading
- Rights and duties as a consumer.
Learning Objectives
- Gets familiarized with the rights and duties as a consumer; and legal measures available to protect from being exploited in markets.
- Evaluates and presents the best options with reasoning in order to illustrate decision making /problem solving skills.