CBSE Class 12 Economics Notes: As you prepare for one of the most critical stages in your academic journey, having well-structured and comprehensive study material is crucial. Our CBSE Class 12 Economics Notes cover all essential topics in a reader-friendly manner, making them your go-to resource. Additionally, we offer CBSE Notes for Economics Class 12 to ensure you have the best study aids available. Revision is a key aspect of succeeding in Commerce, and our CBSE Revision Notes for Class 12 Economics help students remember vital points. Effective revision is essential for scoring well and succeeding in your studies, while neglecting it often leads to lower marks.
Why are CBSE Class 12 Economics Notes Important?
Class 12 is a crucial year, and CBSE board exams are very important. Economics has a large syllabus, so having good notes is essential. Our CBSE Class 12 Economics Notes simplify complex economic concepts, making them easier to understand and remember.
CBSE Class 12 Economics Notes Overview
CBSE Class 12 Economics has a detailed syllabus with two main parts: Micro Economics and Macro Economics. Besides textbooks, students need good study materials. Expertly prepared CBSE Class 12 Economics Notes cover all chapters to help students prepare for the board exams. Download these notes to complete your study materials and get ready for the exams.
Category |
Details |
Academic Year |
2024-25 |
Available Materials |
Chapter Wise |
Class |
12 |
Content-Type |
Text, Videos, Images, and PDF Format |
Medium |
English |
Number of Chapters |
Macro Economics - 6 |
|
Micro Economics - 6 |
Other Materials |
Important Questions |
|
NCERT Solutions |
Subject |
Economics |
CBSE Class 12 Economics Notes Syllabus
As per the NCERT syllabus, Class 12 Economics is divided into two main parts: Microeconomics and Macroeconomics. The syllabus is designed to cover all essential aspects of economics, providing a strong knowledge foundation for students. Here is what the syllabus includes:
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Microeconomics: This segment covers consumer behavior, production, production cost, firm theory under perfect competition, non-competitive market, and market equilibrium. It begins with an introduction to different types of economics and then gets into these chapters. Using CBSE Class 12 Microeconomics notes will help understand advanced concepts.
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Macroeconomics: This segment covers national income and related aggregates, determination of income and employment, money and banking, balance of payments, government budget and the economy, current challenges facing the Indian economy, development experience and economic reforms of 1991, and development experience of India compared with neighbors. CBSE Class 12 Macroeconomics notes are essential for understanding these concepts.
CBSE Class 12 Economics Weightage 2024-25
The table below outlines the weightage of marks assigned to various units in the CBSE Class 12 Economics syllabus for the academic year 2024-25. Divided into two parts, Part A and Part B, it provides details into the allocation of marks for each unit.
This breakdown helps students in understanding the emphasis placed on different topics and assists in prioritizing their study efforts accordingly.
Part |
Units |
Unit Name |
Marks |
A |
1 |
National Income and Related Aggregates |
10 |
2 |
Money and Banking |
6 |
|
3 |
Determination of Income and Employment |
12 |
|
4 |
Government Budget and the Economy |
6 |
|
5 |
Balance of Payments |
6 |
|
Total Part A |
40 |
||
B |
6 |
Development Experience (1947-1990) and Economic Reforms since 1991 |
12 |
7 |
Current Challenges facing Indian Economy |
20 |
|
8 |
Development Experience of India – A Comparison with Neighbours |
8 |
|
Total Part B |
40 |
CBSE Class 12 Economics Notes Download Free PDF
Get the Quick Revision Notes for Economics Class 12 for free. These notes will help you complete the syllabus on time and prepare effectively for exams.
CBSE Class 12 Economics Chapter-Wise Notes
The table below outlines the chapters covered in the Revision Notes for CBSE Class 12 Economics. It categorizes the chapters by their respective parts, providing a quick overview of the topics included in each section. These notes serve as valuable resources for students to revise key concepts effectively.
CBSE Class 12 Economics Chapter-Wise Notes
CBSE Class 12 Economics Chapter-Wise Notes |
||
Part |
Name of the Chapter |
|
Part A – Microeconomics |
Introduction |
Download |
Market Equilibrium |
Download |
|
Non Competitive Markets |
Download |
|
Production and Costs |
Download |
|
Theory of Consumer Behaviour |
Download |
|
Theory of Firm Under Perfect Competition |
Download |
|
Part B – Macroeconomics |
Introduction |
Download |
Determination of Income and Employment |
Download |
|
Government Budget and Economy |
Download |
|
Money and Banking |
Download |
|
National Income Accounting |
Download |
|
Open Economy Macroeconomics |
Download |
The above Economics notes for CBSE Class 12 are useful for revising key concepts. For more revision notes, visit PW website or download the app for the best learning experience.
CBSE Class 12 Micro and Macro Economics Notes PDF Download
Download the CBSE Class 12 Micro and Macroeconomics notes and follow them to succeed in every chapter and learn from experts.
CBSE Class 12 Economics Notes Benefits
Using CBSE Class 12 Economics notes can significantly improve your preparation and performance in exams. These notes offer numerous benefits, such as making complex concepts easy to understand and manage, ensuring your study time is used efficiently, and helping you focus on essential topics.
Here are the key benefits of using these comprehensive study materials:
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Absolute Convenience: Class 12 has a vast syllabus, and time management is crucial. These notes, prepared by top teachers, explain advanced concepts clearly, allowing you to study independently and complete the syllabus on time.
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Organized Notes: The notes are well-organized, making it easy to find references and reduce preparation time. They use simple language to help build a strong foundation and prepare for board exams.
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Covering Essential Topics: The notes cover essential topics according to the latest CBSE exam trends, providing proper guidance and suggestions. They help you study effectively and score well in exams.
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Assists in Revising: These notes are excellent for revision, allowing you to quickly refer to and understand key points during exam preparation.
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Doubt Clarification: The notes help clarify doubts and rectify mistakes, ensuring you are well-prepared for exams.
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Helps in Recognizing Exam Pattern: The notes are crafted based on CBSE guidelines, helping you understand the exam pattern and improve your answering skills.
CBSE Class 12 Economics Notes FAQs
Q1: Is Economics hard in class 12 CBSE?
Ans: The difficulty level of Class 12 Economics in CBSE varies from student to student. While some find it manageable, others may struggle with certain concepts. Overall, the Economics paper is considered moderately difficult, with a mix of straightforward questions and those requiring deeper understanding and application.
Q2: What is the course of Economics Class 12 CBSE?
Ans: The CBSE Class 12 Economics Syllabus 2024-25 includes topics such as consumption of goods, the meaning and function of money, national income and employment, economic reforms in India, the government budget, the central bank and its functions, tax and money supply, and many more.
Q3: How many books of Economics are in class 12 CBSE?
Ans: There are two books for Economics in Class 12 CBSE: Introductory Microeconomics and Introductory Macroeconomics.
Q4: How many chapters are in class 12 of Economics?
Ans: The NCERT Class 12 Economics syllabus for the 2024-25 academic year is divided into two sections, each containing six chapters.
Q5: What is the toughest chapter in Economics class 12?
Ans: The hardest chapters in Class 12 Economics are Development, Sectors of Indian Economy, Money and Credit, and Globalization and the Indian Economy.