AHSEC Class 11 Economics Syllabus 2024-25: Download the Revised Syllabus in PDF

Assam HS 1st Year Economics Syllabus: The Economics syllabus for the Assam State Board's Class 11 students, offered to those in the Arts and Commerce streams, is designed to provide a foundational understanding of basic economic concepts and reasoning. This knowledge is essential for students as they navigate their roles as citizens, workers, and consumers. The course emphasizes economic awareness and helps students understand contemporary economic issues. The syllabus is a crucial resource for effective exam preparation, as it outlines the topics to be covered and the exam pattern for the 2024-2025 academic session.

Check and download the detailed syllabus below.

AHSEC Class 11 Economics Unit-wise Distribution of Marks & Periods: 2024-2025

AHSEC Class 11 Economics Syllabus 2024-2025

The AHSEC Class 11 Economics annual assessment will be for 100 marks including 80 marks for theory exam and 20 for project work. Check the unitwise distribution of course contents for Assam board class 11 Economics theory and practical below:

Part –A: Introductory Microeconomics

Unit- 1 : Introduction

What is Economics: Microeconomics and Macroeconomics; Positive and Normative Economics; Central Problems of an Economy; What is an economy? Concept of Production Possibility Frontier and Opportunity Cost

Unit -2 Consumer’s Equilibrium and Demand

Concept of Utility: Marginal Utility, total Utility; Consumer’s equilibrium: Law of Diminishing Marginal Utility;

Consumer’s Equilibrium using Indifference Curve: Indifference Curve, Indifference map, budget set and budget line, conditions of Consumer’s Equilibrium.

Demand: Concept of demand, Law of Demand , Demand Curve, Deriving a demand curve from in difference curves and Budget constraints, Normal Goods inferior Good and Giffen good (concepts) Market Demand, Movement along and shifts in Demand Curve, Price elasticity of Demand: Meaning, Measurement , Factors affecting price elasticity of Demand; Measurement of price elasticity of. demand: Percentage Method and Geometric measure of elasticity of demand Elasticity and Expenditure.

Unit -3 Producer’s Behaviour and Supply

Meaning of production and production function, Short Run and Long –Run, Total product, average product and Marginal product. Returns to scale; Law of Diminishing Marginal Product and the Law of Variable Proportions

Cost: Short–run cost, Long run cost, total cost ,total fixed cost, total variable cost, average cost, average fixed cost ,average variable cost and marginal cost- meaning and their relationships.

Revenue-Total, Average and Marginal revenue-Meaning and their relationships

Profit Maximisation: Conditions for Profit minimization.

Supply: Meaning, determinants of supply, Law of Supply, Supply schedule, Short run supply curve & Long-run supply curve of a form. Market Supply, Price elasticity of Supply : Meaning and its measurement (Percentage Method).

Unit -4: Market Equilibrium

Equilibrium, Excess Demand, Excess supply; Market equilibrium with Fixed numbers of Firms; Market equilibrium with Free Entry and Exit, Simple Application of Demand and supply Price ceiling and price Floor.

Part –B Statistics for Economics

Unit-1 Introduction

Meaning and scope of statistics, importance of statistics in Economics.

Unit-2: Collection, Organization and Presentation of Data

Collection of data : Sources of data –Primary and Secondary ,Methods of Collecting data. Census and sample survey (concepts only)

Some Important Sources of Secondary data: Census of India and National Sample survey organization.

Organization: Organization of data –meaning and types of variables, frequency, distribution, Presentation of data- tabular and diagrammatic presentation of data-Bar diagram, Pie diagram, Histogram, Frequency Polygon, frequency curve, ogive and time series graph

Unit-3 Statistical Tools and Interpretation

Measures of central tendency –Arithmetic Mean, Median and Mode Correlation: Meaning and Properties, scatter Diagram, Measures of Correlation –Karl Pearson’s Method (Two variables ungrouped data), Spearman’s Rank correlation

Index Numbers: Meaning, Construction of an Index Number, Some important index numbers: wholesale price index, consumer price index and index of Industrial production, Uses of index numbers

Project Work for AHSEC Class 11 Economics - 20 Marks

Suggestive list of projects for the project work to be conducted in 2024-2025 is as follows:

To check further details of the project work and course objective, download the syllabus in PDF below:

How to download AHSEC Class 11 Economics Syllabus 2024-2025

Check the steps mentioned below to download the Assam Board AHSEC Class 11 Economics Syllabus for the current academic session 2024-2025. Follow the step-wise instructions to download the syllabus.

Step 1: Go to Assam Board’s official website ahsec.assam.gov.in.

Step 2: In the title bar, select the option ‘Academics.’

Step 3: In the dropdown list, click on the option ‘Syllabus.’

Step 4: On the new page, select the 'All Syllabus for HS First Year 2024-25' link.

Step 5: Click on the subject name to open the syllabus PDF

Step 6: Check and download the syllabus PDF for future use

Also Check:

AHSEC Class 11 Syllabus 2024-2025 of All Subjects