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CBSE Class 12 Economics Syllabus 2024 - Download PDF

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CBSE Class 12 Economics Syllabus 2024 - Download PDF

Edited By Dinesh Goyal | Updated on Feb 02, 2024 11:32 AM IST | #CBSE Class 10th

CBSE Class 12 Economics Syllabus 2024 - Central Board of Secondary Education has released the CBSE syllabus of Economics Class 12. The CBSE Class 12 Economics syllabus 2024 is available on cbseacademic.nic.in. CBSE board has divided the entire syllabus into two parts: Part A (Introductory Macroeconomics) and Part B (Indian Economic Development). Detailed CBSE Class 12 Economics Syllabus 2024 is given below which comprises the chapter and topics. All the topics of economics syllabus class 12 CBSE are important for exams.

Students should refer to the Economics class 12 CBSE syllabus to prepare for the CBSE 12th exams. Topic-wise weightage of marks is also mentioned in the Economics syllabus of class 12 CBSE. Students can find an overview and detailed CBSE class 12 Economics syllabus 2024 in this article along with a download link to CBSE economics syllabus class 12. Read further to know in detail the complete CBSE Class 12 Economics syllabus 2024.

How to Download CBSE Class 12 Economics Syllabus 2024?

Students can download the economics syllabus class 12 for the CBSE board exam to prepare better. Go through the steps given below to download the Class 12 CBSE Economics syllabus 2024:

  • Visit the official website of the CBSE, cbse.nic.in

  • Now, click on the option of ‘Examinations.’

  • Select the option of ‘Curriculum/Syllabus.’

  • A new page will be opened on the screen. Now, click on ‘curriculum.’

  • On the new page, click on ‘Senior Secondary Curriculum - (XI-XII).

  • Further, select the option of ‘Academic Electives' - (Group-A)’

  • Now, click on ‘Economics.’

  • Download the CBSE Economics syllabus for Class 12.

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CBSE Class 12 Economics Syllabus 2024

Students can check the prescribed Economics syllabus of class 12 CBSE in the image given below. CBSE 12th Economics syllabus is divided into 2 parts. Part A consists of Macroeconomics and Part B consists of Indian Economic Development. Students must note that the theory paper will have a weightage of 80 marks, while 20 marks are reserved for the project work. To understand better, students should thoroughly understand the syllabus of economics class 12 cbse 2024. Check the image given below to get an overview of the CBSE class 12 Economics syllabus 2024.

Overview of CBSE Class 12 Economics Syllabus 2024

Economics

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Detailed CBSE Class 12 Economics Syllabus 2024

The entire CBSE Economics class 12 syllabus is designed to be covered in approx 200 periods. The written exam will carry a weightage of 80 marks and 20 marks are allotted for the project work. Check the chapter-wise detailed CBSE Economics class 12 syllabus in the following tables:

Part A - Introductory Macroeconomics Syllabus

Unit-name

Chapters and Topics

Unit 1: National Income and Related Aggregates

  • What is Macroeconomics? Basic concepts in macroeconomics: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.
  • Circular flow of income (two sector model); Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method.
  • Aggregates related to National Income: Gross National Product (GNP), Net National Product (NNP), Gross Domestic Product (GDP) and Net Domestic Product (NDP) - at market price, at factor cost; Real and Nominal GDP.
  • GDP and Welfare

Unit 2: Money and Banking

  • Money – meaning and functions, supply of money - Currency held by the public and net demand deposits held by commercial banks.
  • Money creation by the commercial banking system.
  • Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt. Bank, Banker's Bank, Control of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.

Unit 3: Determination of Income and Employment

  • Aggregate demand and its components.
  • Propensity to consume and propensity to save (average and marginal).
  • Short-run equilibrium output; investment multiplier and its mechanism.
  • Meaning of full employment and involuntary unemployment.
  • Problems of excess demand and deficient demand; measures to correct them - changes in government spending, taxes and money supply.

Unit 4: Government Budget and the Economy
  • Government budget - meaning, objectives and components.
  • Classification of receipts - revenue receipts and capital receipts; Classification of expenditure – revenue expenditure and capital expenditure.
  • Balanced, Surplus and Deficit Budget – measures of government deficit.
Unit 5: Balance of Payments
  • Balance of payments account - meaning and components; Balance of payments – Surplus and Deficit Foreign exchange rate - meaning of fixed and flexible rates and managed floating. Determination of exchange rate in a free market, Merits and demerits of flexible and fixed exchange rate. Managed Floating exchange rate system

Part B: Indian Economic Development

Unit name

Chapters and Topics

Unit 6 - Development Experience (1947-90) and Economic Reforms since 1991

  • A brief introduction of the state of Indian economy on the eve of independence. Indian economic system and common goals of Five Year Plans.
  • Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance) and foreign trade.
  • Economic Reforms since 1991: Features and appraisals of liberalisation, globalisation and privatisation (LPG policy); Concepts of demonetization and GST

Unit 7 - Current challenges facing Indian Economy

  • Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India.
  • Rural development: Key issues - credit and marketing - role of cooperatives; agricultural diversification; alternative farming - organic farming.
  • Employment: Growth and changes in work force participation rate in formal and informal sectors; problems and policies.
  • Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming.
Unit 8: Development Experience of India
  • A comparison with neighbours India and Pakistan, India and China.
  • Issues: economic growth, population, sectoral development and other Human Development Indicators.

Also, check: CBSE Class 12 Economics Syllabus 2024 PDF Download link

Prescribed Books for CBSE Class 12 Economics Syllabus 2024

Below are some of the best books for 12th economics syllabus for CBSE exam, check them out.

  • Statistics for Economics, NCERT

  • Indian Economic Development, NCERT

  • Introductory Microeconomics, NCERT

  • Macroeconomics, NCERT

  • Supplementary Reading Material in Economics, CBSE

CBSE Class 10th Syllabus
Download the CBSE 10th syllabus 2023-24 ebook to prepare better for the exam.
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CBSE Class 12 Economics Project Topics

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CBSE Class 12 Preparation Tips

  • First of all, make a proper time table to study which includes all the subjects. Also, include some time for interests and hobbies to keep the mind fresh.

  • Go through CBSE 12th date sheet and try to cover the entire 12 CBSE Economics syllabus two months before the exams. In such a way, students will have enough time to revise the CBSE Class 12 Economics syllabus 2024.

  • Grasp all the concepts from NCERT books or prescribed books in the beginning, then move on to other reference books for economics.

  • Clear all the doubts from teachers or friends and make notes on important topics of CBSE class 12 Economics syllabus 2024.

  • These notes will help to revise the entire CBSE 12th Economics syllabus in a short time.

  • Solve CBSE class 12 question papers of previous years to get acquainted with the typology of questions that are asked in the exam.

  • Analyze the preparation level by evaluating the performance in solving the question papers and improve mistakes by identifying them.

  • Following this CBSE class 12 Economics syllabus 2024 and preparation tips will aid students to improve their CBSE 12th result 2024.

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Frequently Asked Question (FAQs)

1. How is the CBSE 12th Economics question paper prepared?

Class 12 Economics question paper is prepared by the board as per the prescribed CBSE Class 12 Economics syllabus 2024.

2. Is it mandatory to make a project for CBSE 12th Economics?

Yes, it is essential to submit project work else students do not qualify in project work assessment.

3. How much time is required to cover the entire economics syllabus?

A total of 200 periods are required to cover the CBSE 12th economics syllabus.

4. In how many parts is the syllabus divided?

CBSE Class 12 Economics syllabus 2024 is divided into the following two parts:

Part A - Introductory Macroeconomics Syllabus

Part B - Indian Economic Development Syllabus

5. What are the important topics to be covered on for the CBSE Class 12th Economics Exams

Development Experience, Money and Banking, National Income and Related Aggregates, and others are some of the important chapters and topics which needs to be covered for exams.

6. What are recommended Text Book on CBSE class 12 Economics?
  • Statistics for Economics, NCERT

  • Indian Economic Development, NCERT

  • Introductory Microeconomics, NCERT

  • Macroeconomics, NCERT

  • Supplementary Reading Material in Economics, CBSE

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Questions related to CBSE Class 10th

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Central Board Of Secondary Education(CBSE) is likely to declare class 10 and 12 terms 2 board result 2022 by July 15. The evaluation process is underway. Students are demanding good results and don't want to lack behind. They are requesting the board to use their best scores in Term 1 and Term 2 exams to prepare for the results.

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Linguist

Linguistic meaning is related to language or Linguistics which is the study of languages. A career as a linguistic meaning, a profession that is based on the scientific study of language, and it's a very broad field with many specialities. Famous linguists work in academia, researching and teaching different areas of language, such as phonetics (sounds), syntax (word order) and semantics (meaning). 

Other researchers focus on specialities like computational linguistics, which seeks to better match human and computer language capacities, or applied linguistics, which is concerned with improving language education. Still, others work as language experts for the government, advertising companies, dictionary publishers and various other private enterprises. Some might work from home as freelance linguists. Philologist, phonologist, and dialectician are some of Linguist synonym. Linguists can study French, German, Italian

2 Jobs Available
Public Relation Executive
2 Jobs Available
Travel Journalist

The career of a travel journalist is full of passion, excitement and responsibility. Journalism as a career could be challenging at times, but if you're someone who has been genuinely enthusiastic about all this, then it is the best decision for you. Travel journalism jobs are all about insightful, artfully written, informative narratives designed to cover the travel industry. Travel Journalist is someone who explores, gathers and presents information as a news article.

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Production Manager
3 Jobs Available
Merchandiser
2 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Metallurgical Engineer

A metallurgical engineer is a professional who studies and produces materials that bring power to our world. He or she extracts metals from ores and rocks and transforms them into alloys, high-purity metals and other materials used in developing infrastructure, transportation and healthcare equipment. 

2 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
QA Manager
4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
ITSM Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
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