HBSE Class 12 Syllabus 2024-25: The Haryana Board has released the Economics syllabus for class 12th. Check out the latest syllabus of Haryana Board Class 12 Economics and get the 12th class Haryana Board syllabus downloadable link. The syllabus will guide you to prepare for examinations. The syllabus is released out well in advance so that students can start preparing accordingly. The article consists of HBSE Class 12 Economics Syllabus 2025 the key points you’ll cover in the academic session, evaluation scheme and course structure and practical details. The article provides a direct download link to download PDF for Economics syllabus.
HBSE Class 12 Economics Syllabus 2024-25: General Guidelines
- There will be an Annual Examination based on the entire syllabus.
- The Theory Examination will be of 80 Marks and 20 Marks weightage will be for Internal Assessment.
- For Internal Assessment:
There will be Periodic Assessment that would include:
- i) For 4 marks- Two SAT exams will be conducted and will have a weightage of 04 marks towards the final Internal Assessment.
- ii) For 2 marks- One half yearly exam will be conducted and will have a weightage of 02 marks towards the final Internal Assessment.
iii) For 2 marks- One Pre-Board exam will be conducted and will have a weightage of 02 marks towards the final Internal Assessment.
- iv) For 2 marks- Subject teacher will assess and give maximum 02 marks for CRP (Classroom participation).
- v) For 5 marks- A project work to be done by students and will have a weightage of 05 marks towards the final Internal Assessment.
- vi) For 5 marks- Attendance of student will be awarded 05 marks as:
75% to 80% - 01 marks
Above 80% to 85% - 02 marks
Above 85% to 90% - 03 marks
Above 90% to 95% - 04 marks
Above 95% to 100% - 05 marks
HBSE Class 12 Economics Course Structure (2024-25)
Hbse 12th class haryana board Economics course structure consists of two parts part A and Part B. Part A is Introductory Microeconomics and Part B is Introductory Macroeconomics, the table below highlights the details related to the unit, chapter and marks allocation to the particular unit and overall score. Find below the details for more clarification:
Unit No | Chapter | Marks |
Part-A Introductory Microeconomics | ||
1 | Microeconomics | 06 |
2 | Consumer Behaviour & Demand Analysis | 10 |
3 | Production Function and Costs | 18 |
Profit Maximisation & Supply Curve | ||
4 | Market Equilibrium | 06 |
Part- B Introductory Macroeconomics | ||
1 | National Income and Basic Concepts | 12 |
2 | Money and Banking | 08 |
3 | Determination of Income | 10 |
4 | Government Budget | 06 |
5 | Open Economy and Macroeconomics | 04 |
Total | 80 | |
Practical | 20 | |
Grand Total | 100 |
PART-A INTRODUCTORY MICROECONOMICS
Unit-1 Microeconomics
➢ Meaning of Economics
➢ Micro and Macroeconomics
➢ Positive and Normative Economics
➢ Types of Economy
- Centrally Planned Economy
- Market Economy
➢ Central Problems of an Economy
Unit-2 Consumer Behaviour & Demand Analysis
➢ Consumer Budget
➢ Budget Set
➢ Budget Line& Shift
➢ Consumer Preferences
➢ Monotonic preference of Consumer
➢ Goods Replacement
➢ Diminishing Marginal Rate of Substitution
➢ Indifference Curve and Shape
➢ Indifference Map
➢ Optimum Consumption Point
➢ Concept of Demand
➢ Market Demand
➢ Demand Curve
➢ Demand Schedule
➢ Determinants of Demand
➢ Law of Demand
➢ Movement/Shift in Demand Curve
➢ Normal and Inferior Goods
➢ Substitute and Complementary Goods
➢ Elasticity of Demand (Price Elasticity)
➢ Degrees of Price Elasticity of Demand
➢ Factors affecting Price Elasticity
➢ Total Expenditure Method
Unit-3 Production Function and Costs
➢ Meaning of Production
➢ Meaning of Production Function
➢ Production Function
Short Run Production Function
Long Run Production Function
➢ Concepts of Production Functions
- Total Product
- Average Product
- Marginal Product
➢ Relationship between TP, AP and MP
➢ Law of Diminishing Marginal Product
➢ Law of Variable Proportion
➢ Concept of Cost
➢ Cost Curve & Types
Profit Maximisation & Supply Curve
➢ Concept of Revenue
➢ Types of Revenue
- Total Revenue
- Average Revenue
- Marginal Revenue
➢ Meaning of Perfect Competition
➢ Features of Perfect Competition
➢ Meaning of Profit Maximisation
➢ Conditions of Profit Maximisation
- Short Run Supply Curve
- Long Run Supply Curve
- Shut Down Point
- Normal Profit
- Break Even Point
➢ Concept of Supply
➢ Supply Schedule
➢ Supply Curve
➢ Determinants of Supply
- Technological Progress
- Input Prices and Tax
➢ Market Supply Curve
➢ Elasticity of Supply (Price Elasticity)
➢ Geometric Method
Unit-4 Market Equilibrium
➢ Meaning of Market Equilibrium
➢ Determination of Market Equilibrium
➢ Equilibrium, Excess Demand, Excess Supply
➢ Market Equilibrium
- Fixed number of Firms
- Free Entry & Exit
➢ Shift in Demand and Supply Curve
➢ Price Ceiling
➢ Price Floor
PART-B INTRODUCTORY MACROECONOMICS
Unit-1 National Income and Basic Concepts
➢ Meaning of Macroeconomics
➢ Difference between Microeconomics & Macroeconomics
➢ Four Sectors of Indian Economy
➢ Capitalist Economy & Features
➢ National Income Accounting
➢ Concepts of Macroeconomics
➢ Circular Flow of Income
- Meaning of Circular Flow Real Flow and Money Flow
➢ Meaning of National Income
➢ Basic Concepts of National Income
➢ Methods of Calculation of National Income
- Value Added Method
- Expenditure Method
- Income Method
➢ Identities of Macroeconomics (at Factor Cost & Market Price)
➢ GDP and Welfare
Unit-2 Money and Banking
➢ Meaning of Money
➢ Functions of Money
➢ Demand for Money
- Transaction Motive
- Speculative Motive
➢ Supply of Money- Narrow & Broad Definition
➢ Money Creation by Banking System
- Central Bank
- Commercial Banks
➢ Policy Tools to Control Money Supply & RBI
- Bank Rate
- CRR
- SLR
- Repo Rate
- Reverse Repo Rate
- Open Market Operations
- Margin Requirement
Unit-3 Determination of Income
➢ Expected and Actual
➢ Movement of a Curve vs Shift of a Curve
➢ Meaning of Aggregate Demand
➢ Components of Aggregate Demand
➢ Consumption
➢ Investment
➢ Determination of Income Equilibrium in product market - Short Run
➢ Equilibrium with price level fixed
➢ Effect of Autonomous Change in Aggregate Demand
➢ Meaning of Multiplier
➢ Multiplier Mechanism
Unit-4 Government Budget
➢ Meaning of Govt. Budget
➢ Functions of Govt. Budget
➢ Components of Budget
- Govt. Receipts
- Govt. Expenditure
➢ Measure to Govt. Deficit
- Fiscal Policy
- Change in Govt. Expenditure
- Change in Taxes & Loan
Unit-5 Open Economy and Macroeconomics
➢ Concept of Open Economy
➢ Meaning of Balance of Payment
➢ Balance of Payment
- Surplus Balance of Payment
- Deficit Balance of Payment
HBSE Class 12 Economics Question Paper Design 2024-25
The Hbse 12th class haryana board Economics question paper is well designed for students to make appropriate use of it for examinations. The question paper design carries all types of questions. The allotted time is three hours for exam, for more details regarding the question paper design check out the details below:
Competencies | Marks | Percentage |
Knowledge | 32 | 40% |
Understanding | 24 | 30% |
Application | 16 | 20% |
Skill | 8 | 10% |
Total | 80 | 100% |
Type of Question | Marks | Number | Description | Total Marks |
Objective Type Questions | 1 | 20 | 12 Multiple Choice Questions, 4 Fill in the Blanks Questions, 2 One Word Answer Type Questions, 2 Assertion-Reason Questions | 20 |
Very Short Answer Que | 3 | 4 | Internal choice will be given in any two questions. | 12 |
Short Answer Questions | 4 | 6 | Internal choice will be given in any four questions. | 24 |
Essay Type Questions | 6 | 4 | Internal choice will be given in all questions. | 24 |
Total | 34 | 80 |
Prescribed Books:
- Introductory Microeconomics, Textbook in Economics for Class XII BSEH Publication © NCERT
- Introductory Macroeconomics, Textbook in Economics for Class XII BSEH Publication © NCERT
HBSE Class 12 Economics Syllabus 2024–25
Here's the direct link to download the HBSE Class 12 Economics Syllabus 2025:
The article includes class 12th haryana board economics syllabus weightage, course overview and question paper design and more. Students can get the direct link to download the PDF and check the latest update regarding the Haryana Board Class 12 Economics syllabus.
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