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Class 12 Economic

Economics Syllabus For Class 12

Class 12 Economics provides a wide range of concepts and an advanced information regarding the subject which includes all the questions provided in the Economics syllabus.

Economics concentrates on how governments, business, households, societies and individuals make choices about when, where and how to use their natural resources at its best. It is a study that deals with many abstract and ideal blueprints to study the action and foretell how institutions will acknowledge to given changes in fiscal policies and market conditions among other factors.

Economics for class 12 is an enhanced level of class 11. In class 11 we had studied the basic fundamental aspects of the subject. And, in class 12 it is a progressed degree of concepts.

Class 12 Economics Syllabus

Class 12 Economics, chapter wise is given below. It is classified into two categories.

Namely : Microeconomics and Macroeconomics.

Units

Name of the Chapter

Part A – Microeconomics

Introduction

Theory of Consumer Behaviour

Production and Costs

Theory of Firm Under Perfect Competition

Market Competition

Non Competitive Markets

Part B – Macroeconomics

Introduction

National Income Accounting

Money and Banking

Determination of Income and Employment

Government Budget and Economy

Open Economy Macroeconomics

Class 12 Economics provides a broad degree of illustrative examples; which helps the students to comprehend and learn quickly. The above mentioned is the syllabus for class 12 Economics. For more solutions and study materials of class 12 Economics visit BYJU’S or download the app for more information and the best learning experience.