Skip to main content
Super TutorResources
Chapter 2 of 30
Syllabus

Economic Growth And Economic Development — Syllabus

Telangana Open School (TOSS) · Class 12 · Economics

What Economic Growth And Economic Development covers in Telangana Open School (TOSS) Class 12 Economics: 4 topics, for the 2026-27 session.

42 questions30 flashcards2 formulas & key relations5 concepts

Interactive on Super Tutor

Studying Economic Growth And Economic Development? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for syllabus and more.

Try Super Tutor — Free

Free trial, no card needed.

4 Topics · Telangana Open School (TOSS) Class 12 Economics · 2026-27

Topics in Economic Growth And Economic Development

1

Concepts of Economic Growth and Economic Development

  • Economic growth refers to a sustained increase in the production of goods and services, measured by real national income or GDP.
  • Economic development is a broader concept that includes economic growth along with improvements in social, political, and technological aspects.
  • Development involves structural changes in society, reduction in poverty, and better access to basic needs.
2

Objectives of Economic Development

  • High rate of economic growth to increase per capita income.
  • Economic self-reliance to reduce dependence on foreign aid or imports.
  • Modernization through adoption of advanced technology and changes in rural structures.
3

Indicators of Economic Development

  • Real National Income: Measures total output adjusted for inflation.
  • Gross National Product (GNP) per Capita: Includes income from abroad; shows average income per person.
  • Welfare: Reflects how income distribution and resource allocation affect people's well-being.
4

Characteristics of Developing Economies (India)

  • Low per capita income — India’s GDP per capita was ₹99,155 in 2020–21.
  • Agriculture dominates — contributes 17% to GDP and employs over 60% of population.
  • Capital deficiency due to low savings and investment.

Key Concepts

Central concept: Economic Development

Economic GrowthIndicators of DevelopmentObjectives of Economic DevelopmentCharacteristics of Developed EconomiesCharacteristics of Developing Economies (India)

Work through every topic in Economic Growth And Economic Development with notes and quizzes

Start This Chapter

Frequently Asked Questions

What are the important topics in Economic Growth And Economic Development for Telangana Open School (TOSS) Class 12 Economics?
Key topics in Economic Growth And Economic Development include Concepts of Economic Growth and Economic Development, Objectives of Economic Development, Indicators of Economic Development, Characteristics of Developing Economies (India). Study these first, then practise questions on each for the Telangana Open School (TOSS) Class 12 board exam.
How should I revise Economic Growth And Economic Development for the Telangana Open School (TOSS) Class 12 board exam?
Learn the core ideas first, then work through the 42 practice questions on Economic Growth And Economic Development. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Economic Growth And Economic Development

All Telangana Open School (TOSS) Class 12 Economics Syllabus

For serious students

Get the full Economic Growth And Economic Development chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for Telangana Open School (TOSS) Class 12 Economics. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free