Latest CBSE Class 12th Syllabus of Economics 2018-19

CBSE has released the CBSE Class 12th Syllabus of Economics (Code No. 030) for the session 2018-19. The new session has started and board updated the new syllabus. There is no change made in the syllabus and exam pattern. However, there are some changes made in the textbook.

The question paper will be of 80 marks. Project Work will be conducted of 20 marks.

The Question paper will consist of 24 questions. All questions would be compulsory. There will be Internal Choice in questions of 3 marks, 4 marks and 6 marks in both sections (A and B). (Total 3 internal choices in section A and total 3 internal choices in section B).

Part A Introductory Microeconomics 40
Part BIntroductory Macroeconomics40

Theory Paper (Total)80
Part C Project Work20

Part A - Statistics for Economics

• Unit 1: Introduction
• Unit 2: Consumer's Equilibrium and Demand
• Unit 3: Producer Behaviour and Supply
• Unit 4: Forms of Market and Price Determination under Perfect Competition with simple applications

Part B - Indian Economic Development

• Unit 5: National Income and Related Aggregates
• Unit 6: Money and Banking
• Unit 7: Determination of Income and Employment
• Unit 8: Government Budget and the Economy
• Unit 9: Balance of Payments

Part C - Project Work

• Students are supposed to pick any ONE of the two suggested projects.

1. Project (Option One) : What’s Going Around Us
• Suggestive List
1. Micro and small scale industries
2. Food supply channel in India
3. Contemporary employment situation in India
4. Disinvestment policy
5. Health expenditure (of any state)
6. Goods and Services Tax Act
7. Inclusive growth strategy
8. Human Development Index
9. Self help groups
10. Any other topic

2. Project (Option Two): Analyse any concept from the syllabus
• Suggested List
1. Price Determination  
2. Price Discrimination
3. Opportunity Cost 
4. Production Possibility Curve
5. Demand and its determinants  
6. Supply and its determinants
7. Production – Returns to a Factor  
8. Cost function and Cost Curves
9. Monopoly 
10. Oligopoly 
11. Monopolistic Competition 
12. Credit Creation
13. Money Multiplier  
14. Central Bank and its functions
15. Government Budget & its Components 
16. Budget deficit
17. Exchange Rate Systems 
18. Foreign Exchange Markets
19. Balance of payments 
20. Any other topic

Prescribed Books:

• Introductory Micro Economics, Class XII, NCERT
• Macro Economics, Class XII, NCERT
• Supplementary Reading Material in Economics, Class XII, CBSE

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