CBSE Class 12 Economics 2023 For Term 1 & Term 2: Economics is the basic principle regarding money handling and usage of the same that plays an important role in development. The economy of any nation or company decides the rise and fall of that nation or organization which eventually affect the citizen of the country or the people of that particular organization. Here we will explain to you the complete details about the CBSE Class 12 Economics and how to prepare for the examination.
CBSE Class 12 Economics Syllabus 2023 For Term 1 & Term 2
Here you can take a look at the units included in CBSE Economics Syllabus along with the marks distribution.
Term 1 CBSE Class 12 Economics Syllabus And Marks Distribution 2023
| Units | Term 1 – MCQ Based Question Paper | Marks | Periods |
| Part A | Introductory Macroeconomics | ||
| Money and Banking | 6 | 08 | |
| Government Budget and the Economy | 6 | 15 | |
| Balance of Payments | 6 | 07 | |
| Sub Total | 18 | 30 | |
| Part B | Indian Economic Development | ||
| Development Experience (1947-90) and Economic Reforms since 1991: Indian Economy on the Eve of Independence Indian Economy (1950-90) Liberalization, Privatisation, and Globalisation: An Appraisal |
12 | 28 | |
| Current challenges facing the Indian Economy Poverty Human Capital Formation Rural development |
10 | 17 | |
| Sub Total | 22 | 45 | |
| Total Theory Paper | 40 | 75 | |
| Project Work | 10 |
Term 2 CBSE Class 12 Economics Syllabus And Marks Distribution 2023
| Units | Term 2 – Subjective Question Paper | Marks | Periods |
| Part A | Introductory Macroeconomics | ||
| National Income and Related Aggregates | 10 | 23 | |
| Determination of Income and Employment | 12 | 22 | |
| Sub Total | 22 | 45 | |
| Part B | Indian Economic Development | ||
| Current Challenges Facing the Indian Economy Employment Infrastructure Sustainable Economic Development |
12 | 18 | |
| Development Experience of India – A Comparison with Neighbours Comparative Development Experience of India and its Neighbours |
06 | 12 | |
| Sub Total | 18 | 30 | |
| Grand Total | 40 | 75 | |
| Project Work | 10 |
CBSE Class 12 Economics Books 2023 For Term 1 & Term 2
NCERT books are considered to be the best choice for preparation but it is advisable to refer to other books for a better understanding of the subject.
Here is a list of some CBSE Class 12 Economics Books that are considered by the students while preparing for the economics examination.
The selection of books is important while preparing for any examination but eventually, there is another factor that comes up which is the availability of the books.
How Many Chapters In Economics Class 12?
Introductory Microeconomics Class 12
These are the chapters of Economics Class 12.
- Chapter 1 – Introduction (Types of Economies)
- Chapter 2 – Theory of consumer behavior
- Chapter 3 – Production and Cost
- Chapter 4 – Theory of Firm under perfect competition
- Chapter 5 –Market Equilibrium
- Chapter 6 – Noncompetitive Markets
Introductory Macroeconomics Class 12
In the CBSE Class 12 Economics book, the below-given chapters are studied. This book is a very good reference for even Civil Service Examination
- Chapter 1 – National Income and Related Aggregates
- Chapter 2 – Money and Banking
- Chapter 3 – Determination of Income and Employment
- Chapter 4 – Government Budget and the Economy
- Chapter 5 – Balance of Payments
- Chapter 6 – Development Experience (1947-90) and Economic Reforms since 1991
- Chapter 7 – Current Challenges Facing the Indian Economy
- Chapter 8 – Development Experience of India – A Comparison with Neighbours
CBSE Class 12 Economics Solutions 2023 For Term 1 & Term 2
To score better marks, the best practice is to solve Class 12th Economics solution books and take mock tests. It won’t be easy to solve all of them but while taking those tests you may come across some difficulties and this is where the solution books will come to help.
The main purpose of this solution book is to provide an answer to those tough questions where you may get stuck during the economic examination.
CBSE Class 12 Economics Question Paper
Understanding the exam pattern well in advance before the examination, the Class 12th Economics Question Paper is a helpful practice for you as you will be able to identify the importance of each section. So one should go through Class 12 previous year’s question papers and prepare for the upcoming mock tests.
You should have the following materials to find the complete question papers related to the CBSE Class 12 Economics.
CBSE Economics Class 12 Notes 2023 For Term 1 & Term 2
Revision is an important phase while preparing for any examination and preparing revision notes while learning is a good practice as this can be useful in the revision stage.
The CBSE Class 12 Economics syllabus will be wide but there are certain topics that will need extra attention compared to others and sometimes these topics may be tricky to understand. This is when you can refer to those books for a better scope of understanding.
We have covered a detailed guide on Class 12 CBSE Economics 2023. Feel Free to ask any queries in the below comment section.
FAQs- CBSE Class 12 Economics 2023 For Term 1 & Term 2
What is Economics?
Economics is the basic principle with regard to the operation of money and the use of the same which plays an important role in development.
How many parts are there in the Class 12 Economics syllabus?
The class 12 Economics Syllabus contains 3 main parts.
What is CBSE 2023 Class 12 Economics Exam Pattern?
CBSE 2023 Class 12 Economics Exam Pattern:
Theoretical Paper: 80 marks and
Practical/ Project Work: 20 Marks
What is the best reference book for Class 12 Economics?
Go through the above blog for the reference book for CBSE Class 12 Economics.
What is Macroeconomics Class 12?
Macroeconomics is a branch of economics that deals with how an economy functions on a large scale.
What are the basic concepts of Macroeconomics?
Basic concepts in macroeconomics are consumer goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment, and depreciation.
Why Economics is important for Class 12th students?
Economics is important for Class 12th students because students can easily get knowledge of the present economy and the effects it is creating.
Can I get basic concepts of macroeconomics Class 12 Notes PDF?
Yes, You can easily get the basic concepts of macroeconomics Class 12 Notes PDF from the above link.