CBSE Class 11 Economics Syllabus 2024-25: The Central Board of Secondary Education (CBSE) Economics curriculum at the upper secondary level presents fundamental economic theories in a step-by-step manner.
CBSE Class 11 Economics Syllabus 2024-25 is highly important for students in the 11th grade since they are first taught about the current economic status of the nation and given some basic statistical tools to assist them in comprehending it. Students are eventually introduced to economics as a theoretical concept as they study more. Read the whole article and then click the link at the bottom to download the complete CBSE Class 11 Economics Syllabus 2024-25 for the current academic year.CBSE Class 11 Economics Syllabus 2024-25 PDF Download
CBSE Class 11 Economics Syllabus 2024-25 Marks Distribution | |||
Units | Topics | Marks | Periods |
Part A | Statistics for Economics | ||
Introduction | 15 | 10 | |
Collection, Organisation and Presentation of Data | 30 | ||
Statistical Tools and Interpretation – Arithmetic Mean, Median and Mode | 25 | 50 | |
Sub Total | 40 | ||
Part B | Introductory Microeconomics | ||
Introduction | 4 | 10 | |
Consumer Equilibrium and Demand | 15 | 40 | |
Producer Behavior and Supply | 15 | 35 | |
Forms of Market and Price Determination under perfect competition with simple applications | 8 | 25 | |
Total | 40 | 200 | |
Part C | Project Work | 20 | 20 |
CBSE Class 11 Economics Syllabus 2024-25 Question paper design | ||
Typology of Questions | Marks | Percentage |
Remembering and Understanding: Exhibit memory of previously learned material by recalling facts, terms, basic concepts, and answers. Demonstrate understanding of facts and ideas by organising, comparing, translating, interpreting, giving descriptions, and stating main ideas. | 44 | 55 |
Applying: Solve problems to new situations by applying acquired knowledge, facts, techniques and rules in a different way. | 18 | 22.5 |
Analysing, Evaluating and Creating: Examine and break information into parts by identifying motives or causes. Make inferences and find evidence to support generalisations. Present and defend opinions by making judgments about information, validity of ideas, or quality of work based on a set of criteria. Compile information together in a different way by combining elements in a new pattern or proposing alternative solutions. | 18 | 22.5 |
CBSE Class 11 Economics Syllabus 2024-25 | ||
Unit | Name | Topics |
I. | Statistics for Economics | What is Economics? Meaning, scope, functions and importance of statistics in Economics |
II. | Collection, Organisation and Presentation of data | Collection of data - sources of data - primary and secondary; how basic data is collected with concepts of Sampling; methods of collecting data; some important sources of secondary data: Census of India and National Sample Survey Organisation. Organisation of Data: Meaning and types of variables; Frequency Distribution. Presentation of Data: Tabular Presentation and Diagrammatic Presentation of Data: (i) Geometric forms (bar diagrams and pie diagrams), (ii) Frequency diagrams (histogram, polygon and Ogive) and (iii) Arithmetic line graphs (time series graph). |
III. | Statistical Tools and Interpretation | For all the numerical problems and solutions, the appropriate economic interpretation may be attempted. This means, the students need to solve the problems and provide interpretation for the results derived. Measures of Central Tendency - Arithmetic mean, median and mode Correlation - meaning and properties, scatter diagram; Measures of correlation - Karl Pearson's method (two variables ungrouped data) Spearman's rank correlation. (Non-Repeated Ranks and Repeated Ranks). Introduction to Index Numbers - meaning, types - wholesale price index, consumer price index and index of industrial production, uses of index numbers; Inflation and index numbers. |
IV. | Introductory Microeconomics | Meaning of microeconomics and macroeconomics; positive and normative economics What is an economy? Central problems of an economy: what, how and for whom to produce; concepts of production possibility frontier and opportunity cost. |
V. | Consumer's Equilibrium and Demand | Consumer's equilibrium - meaning of utility, marginal utility, the law of diminishing marginal utility, conditions of consumer's equilibrium using marginal utility analysis. Indifference curve analysis of consumer's equilibrium consumer's budget (budget set and budget line), preferences of the consumer (indifference curve, indifference map) and conditions of consumer's equilibrium. Demand, market demand, determinants of demand, demand schedule, demand curve and its slope, movement along and shifts in the demand curve; price elasticity of demand - factors affecting price elasticity of demand; measurement of price elasticity of demand – percentage-change method and total expenditure method. |
VI. | Producer Behaviour and Supply | Meaning of Production Function – Short-Run and Long-Run Total Product, Average Product and Marginal Product. Returns to a Factor Cost: Short run costs - total cost, total fixed cost, total variable cost; Average cost; Average fixed cost, average variable cost and marginal cost meaning and their relationships. Revenue - total, average and marginal revenue - meaning and their relationship. Producer's equilibrium meaning and its conditions in terms of marginal revenue - marginal cost. Supply, market supply, determinants of supply, supply schedule, supply curve and its slope, movements along and shifts in the supply curve, price elasticity of supply; measurement of price elasticity of supply - percentage-change method. |
VII. | Forms of Market and Price Determination under Perfect Competition with simple applications | Perfect competition - Features; Determination of market equilibrium and effects of shifts in demand and supply. (Short Run Only) Simple Applications of Demand and Supply: Price ceiling, price floor. |
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CBSE Class 11 Physics Syllabus | CBSE Class 11 English Syllabus 2024-25 |
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CBSE Class 11 Maths Syllabus 2024-25 | CBSE Class 11 Biology Syllabus 2024-25 |