CBSE Class 12 Economics Syllabus 2024-25
CBSE Class 12 Economics Syllabus: In CBSE Class 12, Economics is a vital subject that helps students understand economic theories and their real-world applications. The syllabus is made to give students the tools to analyze economic problems, make smart choices, and learn how economies work on both small and large scales.
This subject covers various areas like microeconomics, macroeconomics, Indian economic development, and international economics. Studying the Class 12 Economics syllabus helps students develop critical thinking, analytical skills, and a deeper understanding of economic systems. This prepares them for further studies and facing real-life challenges with confidence.
CBSE Class 12 Economics Syllabus Overview
The CBSE Class 12 Economics Syllabus for the 2024-25 academic session is designed to offer students a comprehensive understanding of economics. Divided into two main parts, Introductory Macroeconomics and Indian Economic Development, the syllabus covers a diverse range of topics.
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In Introductory Macroeconomics, students delve into concepts such as National Income and Related Aggregates, Money and Banking, Determination of Income and Employment, Government Budget and the Economy, and Balance of Payments.
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Meanwhile, Indian Economic Development explores the nation's economic journey from 1947-90, focusing on economic reforms post-1991, current challenges facing the Indian economy, and comparative analyses with neighboring countries.
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Additionally, Part C includes a project component, allowing students to apply their knowledge to a chosen economics topic.
CBSE Syllabus for Class 12 Economics
The CBSE Class 12 Economics Syllabus for 2024-25 is divided into two main parts: Introductory Macroeconomics and Indian Economic Development. Here's a brief overview:
Part A: Introductory Macroeconomics
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Unit 1: National Income and Related Aggregates:
Covers basic concepts like GDP, GNP, and methods of calculating national income.
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Unit 2: Money and Banking:
Discusses the meaning and functions of money, money creation, and the role of central banks.
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Unit 3: Determination of Income and Employment:
Explores aggregate demand, savings, investment, and measures to address unemployment.
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Unit 4: Government Budget and the Economy:
Examines the components and objectives of government budgets, along with deficit measures.
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Unit 5: Balance of Payments:
Focuses on the components of the balance of payments account and foreign exchange rates.
Part B: Indian Economic Development
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Unit 6: Development Experience and Economic Reforms:
Covers the Indian economy pre- and post-independence, including agricultural and industrial policies.
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Unit 7: Current Challenges:
Explores issues such as human capital formation, rural development, employment, and sustainable economic development.
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Unit 8: Development Experience of India Compared with Neighbours:
Compares India's economic growth, population, and sectoral development with neighboring countries.
Part C: Project in Economics
Guidelines for project work are provided, encouraging learners to delve deeper into theoretical concepts, analyze real-world scenarios, and develop communication skills through research and presentations. Teachers play a crucial role in guiding learners through topic selection, research, and presentation preparation.
Prescribed Books:
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Statistics for Economics, NCERT
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Indian Economic Development, NCERT
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Introductory Microeconomics, NCERT
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Macroeconomics, NCERT
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Supplementary Reading Material in Economics, CBSE
CBSE Class 12 Economics Course Structure
The CBSE Class 12 Economics syllabus for the academic year 2024-25 is structured into two main parts: Macroeconomics and Indian Economic Development. Here is a breakdown of the course structure:
|
Units |
|
Marks |
Periods |
|
Part A
|
Introductory Macroeconomics |
|
|
|
National Income and Related Aggregates |
10 |
30 |
|
|
Money and Banking |
06 |
15 |
|
|
Determination of Income and Employment |
12 |
30 |
|
|
Government Budget and the Economy |
06 |
17 |
|
|
Balance of Payments |
06 |
18 |
|
|
|
|
40 |
|
|
Part B
|
Indian Economic Development |
|
|
|
Development Experience (1947-90) and Economic Reforms since 1991 |
12 |
28 |
|
|
Current challenges facing Indian Economy |
20 |
50 |
|
|
Development Experience of India – A Comparison with Neighbours |
08 |
12 |
|
|
Total Theory Paper (40 + 40 = 80 Marks) |
40 |
200 |
|
|
Part C |
Project Work |
20 |
20 |
What is the Exam pattern for CBSE class 12 Economics Exam?
The Exam pattern for the CBSE Class 12 Business Studies Exam includes two sections with a total weightage of 80 marks for the theory part and 20 marks for the project work. The breakdown is as follows:
|
Board |
Exam Sections |
Total Marks |
Duration |
Marking Scheme |
|
CBSE Class 12 |
Macro Economics |
40 |
1.5 hours |
10 MCQ, 2 SAQ, 3 LAQ (with word limits) |
|
|
Indian Economic Development |
40 |
1.5 hours |
10 MCQ, 2 SAQ, 3 LAQ (with word limits) |
CBSE Class 12 Economics Project Work : 20 Marks
Here is the required CBSE class 12 economics project work marking scheme listed below:
|
S. No. |
Heading |
Marks |
|
1 |
Relevance of the topic |
3 |
|
2 |
Knowledge Content/Research Work |
6 |
|
3 |
Presentation Technique |
3 |
|
3 |
Viva-voce |
8 |
|
|
Total |
20 |
CBSE Class 12 Economics Syllabus FAQs
Q1: What are the main parts of the CBSE Class 12 Economics syllabus?
Ans: The Class 12 Economics syllabus consists of two main parts: Introductory Macroeconomics and Indian Economic Development.
Q2: What are some key topics covered in Introductory Macroeconomics?
Ans: Some key topics in Introductory Macroeconomics include National Income and Related Aggregates, Money and Banking, Determination of Income and Employment, Government Budget and the Economy, and Balance of Payments.
Q3: What does the Indian Economic Development section focus on?
Ans: The Indian Economic Development section focuses on topics like Development Experience (1947-90), Economic Reforms since 1991, Current Challenges facing the Indian Economy, and a comparison with neighboring countries.
Q4: How are the Class 12 Economics exams structured?
Ans: The exam typically consists of sections covering Very Short Answer Questions/Multiple Choice Questions, Short Answer Questions, and Long Answer Questions. Each section carries a specific weightage of marks.
Q5: What resources are recommended for studying Class 12 Economics?
Ans: Recommended resources include textbooks like "Statistics for Economics" and "Indian Economic Development" by NCERT, as well as "Introductory Microeconomics" and "Macroeconomics" by NCERT. Additionally, supplementary reading material provided by CBSE can be beneficial for preparation.
