Syllabus of Grade XI - 2077
Eco 304
Credit Hours: 5 Teaching Hours: 160
Course Contents
Unit 1: Basic Concept of Economics and Resource Allocation 8+2 = 10 Hrs.
1.1 Definition of Economics
1.2
Concept
of Positive and Normative Economics
1.3
Concept
of Microeconomics and Macroeconomics with Difference
1.4 Types of Goods and Services
1.5 Introduction and Features of Factors of Production
Collect
the names of different types of goods and services available in your local
market, categorize them and present them in the table. (2Hrs.)
Unit 2: Micro Economics 38+15 = 53 Hrs.
2.1 Demand, Supply and Market Equilibrium
2.1.1 Demand
Meaning of Demand, Demand Function, Determinants of Demand, Law of Demand, Movement Along and Shift in Demand Curves, Factors Causing the Shifts in Demand Curves
2.1.2 Supply
2.1.3
Interaction Between Demand and Supply
2.1.4
Simple Numerical Examples
2.2 Elasticity of Demand and Supply
2.2.1 Concept of Elasticity of Demand and Its Types
Price, Income and Cross Elasticity of Demand
2.2.2
Types of Price, Income and Cross Elasticity of Demand
2.2.3
Determining Factors of Price Elasticity of Demand
2.2.4
Elasticity of Supply and Its Types
2.2.5
Simple Numerical Examples
2.3 Consumer's Behavior
2.3.1 Concept of Cardinal Utility
Total Utility and Marginal Utility
2.3.2 Law
of Diminishing Marginal Utility
2.3.3 Law
of Substitution
2.3.4
Concept of Consumer's Surplus and Producer's Surplus
2.3.5
Simple Numerical Examples
2.4 Theory of Production
2.4.1
Concept of Production and Production Function (Short-Run and Long-Run)
2.4.2
Concept of Total, Average and Marginal Product and their Derivation
2.4.3 Law
of Variable Proportions
2.4.4 Law
of Returns to Scale
2.4.5
Simple Numerical Examples
To
compile and analyze the fluctuations in demand and supply due to price by
compiling the local price of goods, demand and supply for a period of one week
by going to the wholesale or retail market of local vegetables, fruits, food
grains etc. (15 Hrs.)
Unit 3: Macro Economics 25+7 = 32 Hrs.
3.1 Introduction of Macroeconomics
3.1.1
Macroeconomic Variables
3.1.2
Concept of Open and Closed Economy
3.2 National Income Accounting
3.2.1 Various Concepts of National Income
Gross Domestic Product (GDP), Gross National Product (GNP), Net National Product (NNP), National Income (NI), Personal Income (PI), Disposable Income (DI), and Per Capita Income (PCI)
3.2.2
Nominal and Real GDP: Difference and Calculations, GDP Deflator
3.2.3 Measurement of National Income
Product, Income and Expenditure Method
3.2.4
Difficulties in Measuring National Income in Nepal
3.2.5
Simple Numerical Examples
3.3 Money, Inflation and Deflation
3.3.1
Meaning, Importance, Functions and Forms of Money
3.3.2 Concept
of Money Supply: Narrow and Broad Money
3.3.3
Quantity Theory of Money (Fisher's Equation)
3.3.4
Inflation and Deflation: Meaning, Causes and Consequences
3.3.5
Simple Numerical Examples
To
collect and analyze the GDP of Nepal for the last five years, Gross National
Product, Net National Product, National Income, Personal Income, Expenditure
Income, Per capita Income and analyze it in class. (7 Hrs.)
Unit 4: Development Economics 8+2 = 10 Hrs.
4.1 Economic Development, Growth and Capital Formation
4.1.1
Concept of Economic Development and Growth
4.1.2
Indicators of Economic Development
4.1.3
Characteristics of Developing Countries
4.1.4
Process of Capital Formation
To
compile and analyze the economic development indicators of the province by
presenting them in diagrams or charts (2 Hrs.)
Unit 5: Nepalese Economy 28+12 = 40 Hrs.
5.1 An Overview of Nepalese Economy
5.1.1 Salient
Features of Nepalese Economy
5.1.2
Macro Indicators of Central Government and Seven Provinces of Nepal
5.2 Natural Resources of Nepal
5.2.1 Water Resources
Importance, Potentialities, Current Situation and Problems
5.2.2 Forest Resources
Status, Importance, Causes and Consequences of Deforestation
5.2.3 Mineral Resources
Importance, and Problems
5.2.4
Concept of Natural Resource Management
5.2.5 Climate
Change and Its Economic Consequences
5.3 Agriculture
5.3.1
Characteristics of Nepalese Agriculture
5.3.2
Suggestions of Modernization and Commercialization of Agriculture
5.3.3
Sources of Agricultural Finance in Nepal
5.3.4
Nature, Problems, and Remedial Measures of Agricultural Marketing
5.4 Manufacturing and Tourism Industries in Nepal
5.4.1
Concept and Types of Industries
5.4.2
Brief History of Industrial Development in Nepal
5.4.3
Importance and Problems of Industrial Sector in Nepal
5.4.4 Tourism Industry
Importance, Present Status, Prospect, Problems, and Remedial Measures
5.5 Transportation and Communication
5.5.1 Role
of Transportation and Communication in Economic Development
5.5.2 Means
and Current Status of Transportation and Communication
Prepare
articles and publish them in a wall magazine covering the availability, use
status and impact on the livelihood of any natural resource at the local level.
To
prepare a report by visiting any locally operated industrial or tourist site
(12 Hrs.)
Unit 6: Quantitative Techniques in Economics 13+2 = 15 Hrs.
6.1 Basic Mathematics
6.1.1 Importance
and Uses of Mathematics in Economics
6.1.2
Equation of Straight Line
6.1.2 Differential Calculus
Simple and Partial Derivatives
Demand,
supply, utility, production, income, cost functions to be expressed
mathematically
Using
derivatives to find balanced values and results from the MR-MC method (2 Hrs.)
Yearly Working Hours
|
Units |
Theory (Working Hours) |
Practical / Project Work (Working Hours) |
Total Working Hours |
|
8 |
2 |
10 |
|
38 |
15 |
53 |
|
25 |
7 |
32 |
|
8 |
2 |
10 |
|
28 |
12 |
40 |
|
13 |
2 |
15 |
|
Total Marks |
120 |
40 |
160 |
Specification Grid (Question Plan and Marks Allocation)
|
Units |
Working Hour |
Level and Types of Questions |
Number of Questions |
Marks |
Total Marks |
|
1.
Basic Concepts of Economics and Resource Allocation |
8 |
Knowledge
– Very Short |
1 |
1 |
6 |
|
Comprehension
– Short (With one or question) |
1 |
5 |
|||
|
2.
Micro Economics |
38 |
Comprehension
- Short |
1 |
5 |
24 |
|
Application
– Very Short |
1 |
1 |
|||
|
Application
– Short |
1 |
5 |
|||
|
Application
– Long |
1 |
8 |
|||
|
Higher
Ability – Short |
1 |
5 |
|||
|
3.
Macro Economics |
25 |
Knowledge
– Very Short |
1 |
1 |
15 |
|
Knowledge
– Short |
1 |
5 |
|||
|
Comprehension
– Very Short |
1 |
1 |
|||
|
Application
– Long |
1 |
8 |
|||
|
4.
Development Economics |
8 |
Knowledge
– Very Short |
1 |
1 |
6 |
|
Higher
Ability – Short |
1 |
5 |
|||
|
5.
Nepalese Economy |
28 |
Knowledge
– Very Short |
1 |
1 |
16 |
|
Comprehension
– Very Short |
1 |
1 |
|||
|
Application
– Very Short |
1 |
1 |
|||
|
Application
– Short |
1 |
5 |
|||
|
Higher
Ability – Long (With one or question) |
1 |
8 |
|||
|
6.
Quantitative Techniques |
13 |
Knowledge
– Very Short |
1 |
1 |
8 |
|
Application
– Very Short |
1 |
1 |
|||
|
Higher
Ability – Very Short |
1 |
1 |
|||
|
Higher
ability – Short (With one or question) |
1 |
5 |
|||
|
|
120 |
Total |
22 |
75 |
75 |
Specification Grid - Question Plan and Marks Allocation
|
Unit |
Content |
Teaching Hours |
Knowledge |
Comprehension |
Application |
Higher Ability |
Total Question Covered |
Total |
Total Marks |
||||||||||
|
VS |
S |
L |
VS |
S |
L |
VS |
S |
L |
VS |
S |
L |
VS |
S |
L |
|
|
|||
|
1 |
Basic
Concepts of Economics and Allocation of Resources |
8 |
1 |
|
|
|
1 |
|
|
|
|
|
|
|
1 |
1 |
|
2 |
6 |
|
2 |
Micro Economics |
38 |
|
|
|
|
1 |
|
1 |
1 |
1 |
|
1 |
|
1 |
3 |
1 |
5 |
24 |
|
3 |
Macro
Economics |
25 |
1 |
1 |
|
1 |
|
|
|
|
1 |
|
|
|
2 |
1 |
1 |
4 |
15 |
|
4 |
Development Economics |
8 |
1 |
|
|
|
|
|
|
|
|
|
1 |
|
1 |
1 |
|
2 |
6 |
|
5 |
Nepalese
Economy |
28 |
1 |
|
|
1 |
|
|
1 |
1 |
|
|
|
1 |
3 |
1 |
1 |
5 |
16 |
|
6 |
QT for Economics |
13 |
1 |
|
|
|
|
|
1 |
|
|
1 |
1 |
|
3 |
1 |
|
4 |
8 |
|
|
Total |
120 |
5 |
1 |
0 |
2 |
2 |
0 |
3 |
2 |
2 |
1 |
3 |
1 |
11 |
8 |
3 |
22 |
75 |
Specification Table
|
Units |
Very Short Questions |
Short Questions |
Long Question |
Total Marks |
|
1 |
1 |
- |
1+5
= 6 |
|
1 |
3 |
1 |
1+15+8
= 24 |
|
2 |
1 |
1 |
2+5+8
= 15 |
|
1 |
1 |
- |
1+5
= 6 |
|
3 |
1 |
1 |
3+5+8
= 16 |
|
3 |
1 |
- |
3+5
= 8 |
|
Total Marks |
11×1
= 11 |
8×5
= 40 |
3×8
= 24 |
75 |
Specification Table
|
Types of Question |
Number of Questions to be asked |
Full Marks |
|
Very Short Questions |
11
(from Q.N. 1 to 11) |
11 |
|
Short Answer Questions |
8
( from Q.N. 12 to 19) With
any two 'OR' Questions |
40 |
|
Long Answer Questions |
3
(from Q. N. 20 to 23) With
any one 'OR' Questions |
24 |
|
Total |
22 |
75 |
Knowledge
Question – What is…., List out the role of …..,
Define,
State, List, Name, Describe, Label, Select, Identify, Match, Reproduce
Comprehension
– Explain, Distinguish, Convert, Extend, Formulate, Represent, Classify,
Rewrite, Infer, Justify, Predict, Give examples, Contrast
Application – Why ….. is …..?,
Change,
Compute, Demonstrate, Construct, Solve, Manipulate, Select, Assess, Perform,
Show, Use, Operate, Process
Higher
Ability - Explanation with quantitative
measure, example, table and diagram,
Inernal Evaluation Scheme
|
S. No. |
Area |
Evaluation Side |
Marks |
Basis of Evaluation |
|
1. |
Learning Participation |
Classroom Participation |
3 |
Daily class attendance, homework for
active learning, Assess group and classroom learning
participation |
|
2. |
Practical
and Project Work |
Practical
and Project Work |
16 |
Involve
in at least one project work or community work or field trip from the
designated unit Collective
or individual evaluation based on student participation, activism, planning,
observation, interview, data collection, report preparation and presentation. |
|
3. |
Subject matter assessment |
Quarterly (Terminal) Examination |
6 |
Evaluation records of quarterly
examinations (3 marks from each terminal test) |
|
Total |
25 |
|
||
Project Work Specification Table
|
S. No. |
Headings |
Marks |
Remarks |
|
1. |
Overall
Format Ø Front Page: Name of the topic Ø Submitted by: Name of the Student Ø Exam Roll No.: Ø Submitted to: School Name, Address Ø Second Page: Approval Letter /
Evaluation Committee Ø Body Part: Contents |
2 |
|
|
2. |
Contents Ø Introduction
(1) Ø Objectives
of the Study (2) Ø Explanation
(3) Ø Summary,
Conclusion and Recommendations (3) |
9 |
|
|
3. |
Language
Ø Overall Strengthening of Language
(English or Nepali Medium) |
2 |
|
|
4. |
Viva Voce: Based on the project work |
3 |
|
Specification Table
|
Formative
Evaluation – 25 Marks |
Summative
Evaluation – 75 Marks |
|
Attendance – 3 Homework – 3 Classwork – 3 Project Work – 3 Social Work – 3 Discipline and Sanitation – 2 Extra-Curricular Activities – 3 Unit Test - 5 |
First Term – 11.25 Marks (15%) Second Term – 15 Marks (20%) Third Term – 18.75 Marks (25%) Final – 30 Marks (40%) |
External Evaluation Scheme
In this
case, 75 percent of the total marks weightage will be from external evaluation.
For the
external assessment examination, the question paper has to be prepared
according to the specialization schedule prepared by the Curriculum Development
Center.
In the
examination of this subject, especially questions related to knowledge /
understanding, problem solving, critical, creation will be asked.
Students
will be assessed on whether they have acquired knowledge, skills, or expression
in accordance with the objectives set by the curriculum.
Grading system will be used in all external examinations.
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