CBSE Class 11 Economics Syllabus 2023-24, Chapter Wise PDF Download
CBSE Class 11 Economics Syllabus provides a detailed overview of concepts and applications related to economics. The Central Board of Secondary Education (CBSE) has prepared the Class 11 Economics Syllabus in such a way that gives exposure to students about the key issues of economy, help them critically analyze the government’s role in economic development and applies the fundamental statistical tools to understand the concept.
Students can download CBSE Class 11 Syllabus pdf through the link provided below:
- Download CBSE Class 11 Economics Syllabus Section A Statistics for Economics PDF
- Download CBSE Class 11 Economics Syllabus Section B Introductory Microeconomic PDF
- Download CBSE Class 11 Economics Syllabus Project Work PDF
CBSE Class 11 Economics Syllabus For The Academic Year 2023-23
The CBSE Class 11 Economics syllabus has been divided into two parts: Part A and Part B. The question paper for Part A will be of 40 marks and contain objective type multiple-choice questions (MCQ’s. Part B will also have a 40 marks question paper, but the patterns of questions are subjective. Besides the two exams, 20 marks will be assigned for project work.
A better understanding of the CBSE class 11 syllabus can be gained with the help of NCERT solutions.
Click here for the best NCERT solutions class 11.
The table below provides you brief overview of CBSE Class 11 Economic Syllabus 2023-24:
CBSE Class 11 Economics syllabus 2023-24 | |||
Units | Topics | Sub-Topics | Total Marks |
Section A | Statistics for Economics | Introduction | 15 |
Collection, Organization and Presentation of Data | |||
Statistical Tools and Interpretation | 25 | ||
Section B | Introductory Microeconomics | Introduction | 4 |
Consumer's Equilibrium and Demand | 14 | ||
Producer Behavior and Supply | 14 | ||
Forms of Market and Price Determination under perfect competition with simple applications | 8 | ||
Section C | Project Work | 20 |
CBSE Class 11 Economics Syllabus Chapter Name
The different chapters covered in CBSE Class 11 Syllabus provide exposure to basic economic concepts in a step-by-step manner. Initially, students are introduced to the current economic scenario of the nation, and application of basic statistical tools to analyze and comprehend them. Later, students are introduced to various theories and principles of economics.
The table below provides you brief information about the chapters covered in each section of the Class 11 Economics Syllabus.
CBSE Class 11 Economics Syllabus Part A Statistics for Economics
In this section of CBSE Class 11 Economics Syllabus the students learn to apply knowledge on statistical tools for collection, organization and presentation of quantitative and qualitative information pertaining to various economic aspects. It is a systematic approach to analyze and interpret any economic data and draw appropriate inferences. In this process, the learners develop abilities to understand the behavior of various economic data and their implications. This section comprises three units as below:
CBSE Class 11 Economics Syllabus Part A Statistics for Economics | |
Unit | Unit Name |
Unit 1 | Introduction |
Unit 2 | Collection, Organization and Presentation of data |
Unit 3 | Statistical Tools and Interpretation |
CBSE Class 11 Economics Syllabus Part A Unit -1
The unit -1 is the introduction part of Class 11 Economics Syllabus Part A. It covers following topics:
CBSE Class 11 Economics Syllabus Statistics for Economics Unit -1 | ||
Unit | Topic | Details |
1.1 | Introduction | What is economics? |
Applications and importance of statistical concepts in Economics |
CBSE Class 11 Economics Syllabus Part A Unit -2
The unit-2 of the Class 11 Economics Syllabus Part A deals with collection, organization, and presentation of data for analytical purposes. The details of topics are given in the below table.
CBSE Class 11 Economics Syllabus Statistics for Economics Unit -2 | ||
Unit | Topic | Details |
2.1 | Collection of data | Primary and secondary sources of data, basic data collection with concepts of sampling, methods of collecting data |
2.2 | Organization of data | Concept and types of variables, Frequency Distribution. |
2.3 | Presentation of data | Visual Presentation of Data |
CBSE Class 11 Economics Syllabus Part A Unit -3
The unit-3 of the Class 11 Economics Syllabus Part A deals with statistical interpretation of data using various tools and drawing inferences. The below table gives the topics details of this unit.
CBSE Class 11 Economics Syllabus Statistics for Economics Unit -3 | ||
Unit | Topic | Details |
3.1 | Central Tendency | Arithmetic mean, median and mode |
3.2 | Correlation | Definition, Properties, scatter diagram, Measures of correlation . |
3.3 | Index Numbers | Definition, wholesale price index, consumer price index and index of industrial production, uses of index numbers, interpreting inflation with index numbers. |
CBSE Class 11 Economics Syllabus Part B Introductory Microeconomics
The part B of CBSE Class 11 Economics Syllabus allows students to learn the market scenario with shift in demand and supply pattern and consumer behavior. This section comprises four units as below:
CBSE Class 11 Economics Syllabus Part B Introductory Micronomics | |
Unit | Unit Name |
Unit 4 | Consumer's Equilibrium and Demand |
Unit 5 | Producer Behavior and Supply |
Unit 6 | Forms of Market and Price Determination under Perfect Competition |
CBSE Class 11 Economics Syllabus Part B Unit 4
The unit-4 of the CBSE Class 11 Economics Syllabus Part B deals with introduction to microeconomics. The details of topics are given in the below table.
Unit | Topic | Details |
4.1 | Introduction | Concept of microeconomics and macroeconomics, positive and normative economics |
Central problems of an economy- what, how and for whom to produce, concepts of production possibilities, opportunity cost. |
CBSE Class 11 Economics Syllabus Part B Unit 5
The unit-5 of the CBSE Class 11 Economics Syllabus Part B deals with consumer characteristics and demand patterns. The details of topics are given in the below table.
Unit | Topic | Details |
5.1 | Consumer's Equilibrium | Concept of utility, marginal utility, law of diminishing marginal utility, application of marginal utility analysis to determine conditions of consumer's equilibrium. |
5.2 | Consumer's Demand | Market demand, determinants of demand, demand schedule, demand curve, price elasticity of demand , factors affecting price elasticity of demand, measurement of price elasticity of demand |
CBSE Class 11 Economics Syllabus Part B Unit 6
The unit-6 of the CBSE Class 11 Economics Syllabus Part B deals with producer and consumer behavior. The details of topics are given in the below table.
Unit | Topic | Details |
6.1 | Production function | Short-Run and Long-Run |
6.2 | Cost | Total Fixed cost and total variable cost, average fixed cost and average variable cost, marginal cost and their relationships. |
6.3 | Revenue | Total, average and marginal revenue |
6.4 | Supply | Market supply, determinants of supply, supply schedule, supply curve, price elasticity of supply |
CBSE Class 11 Economics Syllabus Part B Unit 7
The unit-7 of the CBSE Class 11 Economics Syllabus Part B deals with market competition and pricing structures. The details of topics are given in the below table.
Unit | Topic | Details |
7.1 | -- | Perfect competition features, determination of market equilibrium and effects of changes in demand and supply. |
CBSE Class 11 Economics Syllabus Project Work
As per the Class 11 Economics Syllabus, a project work is to be done by the student within the session. It will carry 20 marks and can be divided into two terms. The basic steps for doing the project are as follows:
- Choosing a topic
- Collection of the research data
- Organizing the data
- Presentation of data
- Analysis f the data
- Draw the relevant conclusion from the analysis
- Presentation of the findings
Refer to the table below to gain insights of the syllabus of the other important subjects of CBSE Class 11.
CBSE Class 11 Economics Syllabus FAQs
Q1. How many sections are there in the CBSE Class 11 Economics Syllabus?
Ans. There are three sections in Class 11 Economics Syllabus. Part A and Part B comprise subjects for written exam and Part C is the project work.
Q2. What type of questions can be expected in the CBSE Class 11 Economics exam as per the syllabus?
Ans. The type of questions in the CBSE Class 11 Economics exam will be based on CBSE Class 11 Economics syllabus that focuses on understanding the concept, analyzing the facts, application of tools and evaluating results.
Q3. What is Part A and Part B of the In CBSE Class 11 Economics Syllabus?
Ans. In Class 11 Economics syllabus, part A is based on subjects related to statistics for economics and part B comprises subjects related to introductory microeconomics.
Q4. What is the mark distribution of different sections of CBSE Class 11 Economics Syllabus?
Ans. Each of the part A and part B of theory sections carries 40 marks and project work is given 20 marks. This makes the CBSE Class 11 Economics Syllabus a total of 100 marks.
Q5. What are the benefits to be achieved by students by getting a thorough understanding of CBSE Class 11 Economics Syllabus?
Ans. Understanding of Class 11 Economics Syllabus will help students focus on relevant topics as per the weightage. It also provides useful and relevant information about the marks distribution, exam pattern, and project work.