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CBSE Class 11 Economics Syllabus 2024-25

CBSE Class 11 Economics Syllabus 2024-25

by PW Gulf
March 20, 2024
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Class 11 Economics Syllabus: The Class 11 Economics Syllabus offers a detailed introduction to fundamental economic concepts and statistical tools crucial for understanding real-world economics and theories. It's divided into three main parts: 

  • Part A covers Statistics for Economics; Part B explores Introductory Microeconomics; and Part C involves project work. 

In Part A, students learn about collecting, organizing, and presenting data, along with statistical tools and interpretation. Part B covers topics like consumer equilibrium, producer behavior, market forms, and price determination under perfect competition. 

Class 11 Economics Syllabus Overview

The Class 11 Economics Syllabus for the academic year 2024-25 covers many different ideas and gives an introduction to the subject. It's split into three parts: Statistics for Economics, Introductory Microeconomics, and Project Work. 

  • The topics include things like collecting, organizing, and presenting data, understanding statistics, consumer behavior, how producers act, different types of markets, and how prices are set. 

The goal of the syllabus is to give students a good foundation in economics and statistical tools, which they can use in real life. It also shows how important it is for students to understand economics to help their country grow and be successful.

CBSE Syllabus for Class 11 Economics

Students below is the detailed CBSE syllabus for Class 11 Economics listed below:

Part A: Statistics for Economics

  • Unit 1: Introduction

    • What is Economics?

    • Meaning, scope, functions, and importance of statistics in Economics

  • Unit 2: Collection, Organisation, and Presentation of Data

    • Collection of data: sources, primary and secondary; Sampling concepts

    • Organization of Data: types of variables; Frequency Distribution

    • Presentation of Data: Tabular and Diagrammatic Presentation

  • Unit 3: Statistical Tools and Interpretation

    • Measures of Central Tendency: Arithmetic mean, median, and mode

    • Measures of Dispersion: absolute dispersion (standard deviation); relative dispersion (coefficient of variation)

    • Correlation: meaning, scatter diagram, Karl Pearson’s method

    • Introduction to Index Numbers: types, uses, Inflation and index numbers

Part B: Introductory Microeconomics

  • Unit 4: Introduction

    • Meaning of microeconomics and macroeconomics

    • Central problems of an economy: what, how, and for whom to produce; opportunity cost

  • Unit 5: Consumer’s Equilibrium and Demand

    • Consumer’s equilibrium: utility, marginal utility, law of diminishing marginal utility

    • Indifference curve analysis of consumer’s equilibrium

    • Demand: determinants, demand curve, price elasticity

  • Unit 6: Producer Behaviour and Supply

    • Production Function, Returns to a Factor

    • Cost: total, fixed, variable, average, marginal cost

    • Revenue: total, average, marginal revenue

    • Supply: determinants, supply curve, price elasticity

  • Unit 7: Forms of Market and Price Determination Under Perfect Competition

    • Perfect competition: features, market equilibrium, demand and supply effects

    • Simple Applications of Demand and Supply: Price ceiling, price floor

Part C: Project Work

  • Choose a title/topic

  • Collection and organization of research material/data

  • Presentation of material/data

  • Analysis for conclusion

  • Draw relevant conclusions

  • Presentation of the Project Work in various forms such as PowerPoint, Exhibition, Skit, etc.

The project work involves phases like Synopsis/Initiation, Data Collection, Data Analysis and Interpretation, and Conclusion.

Class 11 Economics Course Structure

The Class 11 Economics syllabus for the academic year 2024-25 is structured into three parts: Part A, Part B, and Part C. Here is a breakdown of the course structure for economics listed below:

MCQ Based Question Paper

Here is a breakdown of the course structure for economics as in MCQ Based Question Paper listed below:

Unit

Topic

Marks

Part A: Statistics for Economics

1

Introduction

4

2

Collection, Organisation and Presentation of Data

9

3

Statistical Tools and Interpretation – Arithmetic Mean, Median and Mode

10

Subtotal

23

Part B: Introductory Microeconomics

4

Introduction

4

5

Consumer’s Equilibrium and Demand

13

Subtotal

17

Part C: Project Work (Part 1)

10

Total

50

Subjective Question Paper 

Here is a breakdown of the course structure for economics as in Subjective Question Paper listed below:

Unit

Topic

Marks

Part A: Statistics for Economics

3

Statistical Tools and Interpretation – Measures of Dispersion, Correlation, Index Number

17

Subtotal

17

Part B: Introductory Microeconomics

6

Producer Behaviour and Supply

13

7

Forms of Market and Price Determination under perfect competition with simple applications

10

Subtotal

23

Part C: Project Work (Part 2)

10

Total

50

What is the Exam pattern for class 11 Economics Exam?

The exam pattern for the Class 11 Economics Exam includes a total of 80 marks, with students having 3 hours to complete the paper. The syllabus is divided into three parts: Part A - Statistics for Economics (40 marks), Introductory Microeconomics (40 marks), and Project Work (20 marks). The types of questions in the examination are categorized into Remembering and Understanding (44 marks), Applying (22 marks), and Evaluating and Creating (22 marks) .

Exam Pattern for Class 11 Economics Exam

Marks

Total Marks

80

Duration

3 hours

Syllabus

Marks

Part A - Statistics for Economics

40

Part B - Introductory Microeconomics

40

Part C - Project Work

20

Types of Questions

Marks

Remembering and Understanding

44

Applying

22

Evaluating and Creating

22

CBSE Class 11 Economics Syllabus FAQs

Q1. What are the main parts of the Class 11 Economics Syllabus?

Ans: The syllabus is divided into three parts: Statistics for Economics, Introductory Microeconomics, and Project Work.

Q2. How many marks is the Class 11 Economics Exam worth?

Ans: The exam is worth a total of 80 marks.

Q3. How much time do students have to complete the Class 11 Economics Exam?

Ans: Students have 3 hours to complete the exam.

Q4. What are the different types of questions in the Class 11 Economics Exam?

Ans: The questions are categorized into Remembering and Understanding, Applying, and Evaluating and Creating.

Q5. What is the weightage of each part in the Class 11 Economics Syllabus?

Ans: Part A and Part B each carry 40 marks, while Part C (Project Work) carries 20 marks.

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