How To Study Economics

How To Study Economics: Economics as a subject focuses on the creation, distribution, and consumption of scarce products and services. Economics is regarded as a social science because it explains how people behave as individuals, groups, and organisations. It is firmly grounded in arithmetic and statistics. Economics is a popularly-liked subject and also opens up a variety of career options for students who choose to pursue it in their higher education.

Economics is an interesting and logical subject. Always adopt a logical approach to study this subject. This subject is like science, it means there is a logic behind everything. While reading this subject try to know the reason behind every concept. Read newspapers so that you can connect concepts of economics to daily life. Reading newspapers and magazines will make this subject more interesting for you and you will be able to understand the practical application of economics.

Read the article to know about how to study economics easily.

Also Read | CBSE Class 12 Date Sheet 2023 - CBSE Board Exam Date for Science, Commerce and Arts

How To Study Economics: Class 9 And 10

How to study economics easily in class 9? Read your NCERT complete unit-wise syllabus carefully. At the end of each chapter are practise questions for students to complete. Class 9 Economics. NCERT Class 9 Economics Books contains 4 chapters: The Story of Village Palampur, People as Resource, Poverty as a Challenge, and Food Security in India.

Class 10 Economics consists of study of the growth of the Indian economy. The establishment of agriculture, manufacturing, and services as three separate economic sectors will be your first indication of development. Then you will learn the concept of human development that includes the development of health and education and other indicators that, along with income, broadly define the quality of life of people. The syllabus of Class 10 economics includes Development, Sectors of the Indian Economy, Money and Credit, Globalisation and the Indian Economy, and Consumer Rights.

• Treat NCERT like a bible and always read between the lines and try to understand the logic behind every concept.
• Never mug up the answers because then retention of concepts will be very difficult. Learn to analyse graphs and tables.
• Write answers in points and include examples to score better marks in exams.
• Solve previous years'' question papers and sample papers.

Also Read |

• NCERT Books for Class 9 Social Science 2022-23
• NCERT Books for Class 10 Social Science 2022

How To Study Economics: Class 11 And 12

How to study economics for class 11? The distribution of limited resources, production, and other social welfare issues are the focus of the study of Economics. Try to understand definitions together with logic and justification. You must memorise the definitions after fully comprehending the idea in order to provide concise responses to questions. In Economics, theories are explained with the help of tabular and graphical representation along with the formulae which make you clarify the concepts of economics in an easy manner. You should practise graphs on a regular basis so that you can draw correct diagrams of various curves as asked in the questions.

How to study economics for class 12? First, you need to be thorough with the Economics Class 12 syllabus to prepare for the CBSE 12th exams. CBSE 12 Economics syllabus is divided into 2 parts. Part A consists of Macroeconomics starting with a chapter of National Income and Related Aggregates and ending with Balance of Payments. Part B consists of Indian Economic Development starting with chapter Development Experience (1947-90) and Economic Reforms since 1991 and ending with Development Experience of India.

• Focus on NCERT and make sure boxes are covered. Try to understand the logic behind every concept this will help in attempting analytical questions and indirect questions.
• Learn to analyse graphs and tables. Reasons must be mentioned while analysing graphs and Tables.
• Do a lot of practice with numericals. More sample papers you write, the more marks you get.
• Some students find it difficult to learn the Indian economic development book of class 12. They should read ncert thoroughly and repeatedly and can write the answers with their common understanding also. There is no need to mug up and write the language of the book.
• To attempt case-based questions, first of all questions should be read and then case study should be read so that you can focus on answers while reading the case study.

Also Read | CBSE Class 12 Economics Syllabus 2022-23

This article has inputs by Anjana Gaba, PGT Economics, Apeejay School, Pitampura, New Delhi.