ISC Class 11 Economics Syllabus 2024-25: The ISC board has released the syllabus for Class 11 Economics for the academic year 2024-25. Students can access the curriculum in PDF format by referring to this article. The information is sourced from the official website of ISC board hence, it can be trusted to be accurate. The Economics syllabus consists of course structure, and practical details, which is necessary in addition for the theory examination. The students will have to take two papers, theory and project work. To know the syllabus, read the complete article till conclusion:
ISC Class 11 Economics Syllabus 2024-25: Aims
- To enable candidates to acquire knowledge (information) and develop an understanding of facts, terms, concepts, conventions, trends, principles, generalisations, assumptions, hypotheses, problems, processes, etc. in Economics.
- To acquaint candidates with tools of economic analysis.
- To develop an understanding of important economic problems.
- To acquaint candidates with the main institutions through which the productive process is carried out.
- To develop an understanding of the role of institutions in the functioning of an economy.
- To enable candidates to compare their own economic structure with that of the other areas of the world.
ISC Class 11 Economics Syllabus Key Highlights
There will be two papers in the Economics subject:
| Paper I- Theory (3 Hours) | 80 Marks |
| Project Work | 20 Marks |
ISC Class 11 Economics Syllabus 2024-25
PAPER I- THEORY: 80 Marks
The Economics curriculum for ISC Class 11 for the year 2024-25 has been officially released by the board. Students can refer to the table below for more understanding regarding the course structure:
| 1. Understanding Economics |
| (i) Definition of Economics: Adam Smith, Alfred Marshall, Lionel Robbins, Samuelson. (ii) Micro and Macro Economics – Meaning and Difference. Basic concepts: utility, price, value, wealth, welfare, money, market, capital, investment, income, production, consumption, saving, Business cycle, Aggregate demand and Aggregate supply. (iii)Basic problems of an economy: what to produce; how to produce; for whom to produce; efficient use of resources. (iv) Types of economies: developed and developing; Economic systems: capitalism, socialism and mixed economy; mechanism used to solve the basic problems faced by each economy. |
| 2. Indian Economic Development |
| (i) Introduction (ii) Parameters of Development. (iii)Planning and Economic Development in India. (iv) Structural Changes in the Indian Economy after liberalization. (v) Current challenges facing the Indian Economy. (vi) Economic Growth and Development. (vii) Sustainable Development. |
| 3. Statistics |
| (i) Statistics: definition, scope and limitations of statistics. (ii) Collection, organization and presentation of data. (iii)Measures of Central Value: average defined; type of averages: arithmetic mean; simple and weighted; median and mode; ungrouped and grouped data; numericals, relationship between mean, median and mode. (iv) Measures of dispersion: definition, methods of studying variation - range; standard deviation; quartile deviation; the mean or average deviation; coefficient of variation. (v) Correlation: introduction, scatter diagram; Karl Pearson’s coefficient of correlation; Spearman’s coefficient of correlation. (vi) Index numbers: simple and weighted - meaning, types and purpose. Problems involved in constructing a Price Index Number. (vii)Some Mathematical Tools used in Economics. |
PAPER II - PRACTICAL WORK- 15 Marks
Candidates will be expected to have completed two projects from any topic covered in Theory. Mark allocation for each Project [10 marks]:
| Overall format | 1 mark |
| Content | 4 marks |
| Findings | 2 marks |
| Viva-voce based on the Project | 3 marks |
A list of suggested Projects is given below:
- Study consumer awareness amongst households through designing a questionnaire and collection of primary data.
- Prepare a report on productivity awareness among enterprises through use of statistical data from statistical tables published in Newspapers / RBI Bulletin / Budget /Census report / Economic survey, etc.
- Make a study of two cooperative institutions (example milk cooperatives, etc.) with a view to compare the organizational and financial structure of the organizations, production capacity and output, marketing strategies, sales, market share, etc.
- Study in detail the South Asian Association for Regional Cooperation (SAARC) and its impact on Indian economy
- Prepare a report on the various poverty alleviation and employment generation programmes started in India, with special focus on MNREGA.
- Compare the status of women of your State with that at the National level for the last ten years, on the basis of educational level, employment, etc.
- Prepare a report on the forest cover in India, highlighting the following aspects:
(a) Five States/Union Territories having higher and lower forest cover and compare the extent of forest coverage.
(b) Causes for decrease in forest cover in the Country.
(c) Measures adopted by the Central/State Governments to increase the forest cover.
Click the following link to download the above-mentioned material in PDF format:
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