IB Economics introduces students to economic theory and its application to real-world issues through microeconomics, macroeconomics, and international economics. Students analyze market mechanisms, government policies, economic development, and global economic relationships while developing quantitative and analytical skills. The course emphasizes critical evaluation of economic models and policies, preparing students to understand contemporary economic challenges and debates in our interconnected global economy.
Basic Concepts of Macroeconomics
National Income & Related Aggregates
Methods of Calculating National Income
Money
Banking
AD, AS and Related Concepts
Short Run Equilibrium & Multiplier
Deficient Demand & Excess Demand
Government Budget and the Economy
Foreign Exchange Rates
Balance of Payments
Indian Economy on the Eve of Independence
Indian Economy 1950-90
Economic Reforms Since 1991
Human Capital Formation in India
Rural Development
Employment Growth Informalisation and other Issues
Environment Sustainable Development
Development Experiences India & Neighbours
IB Economics introduces students to economic theory and its application to real-world issues through microeconomics, macroeconomics, and international economics. Students analyze market mechanisms, government policies, economic development, and global economic relationships while developing quantitative and analytical skills. The course emphasizes critical evaluation of economic models and policies, preparing students to understand contemporary economic challenges and debates in our interconnected global economy.
Basic Concepts of Macroeconomics
National Income & Related Aggregates
Methods of Calculating National Income
Money
Banking
AD, AS and Related Concepts
Short Run Equilibrium & Multiplier
Deficient Demand & Excess Demand
Government Budget and the Economy
Foreign Exchange Rates
Balance of Payments
Indian Economy on the Eve of Independence
Indian Economy 1950-90
Economic Reforms Since 1991
Human Capital Formation in India
Rural Development
Employment Growth Informalisation and other Issues
Environment Sustainable Development
Development Experiences India & Neighbours
