The students of commerce and arts who choose to study economics after class 10th face a big initial challenge in terms of handling the preparation of economics in class 11th. The nature and syllabus of the subject changes completely from what they had studied in class 9th and 10th. Economics in class 11th becomes a really interesting and technical subject which forms the base of your knowledge of economics in general. It is very important to study the subject very diligently and ensure that you understand all the concepts, otherwise you may have a hard time with the experience of this subject.
Syllabus for Economics class 11th
Economics in class 11th consists of two parts –
- Introductory Microeconomics
- Introduction
- Consumer’s equilibrium and demand
- Producer behaviour and supply
- Forms of market and price determination under perfect competition with simple applications
- Statistics
- Introduction
- Collection, organisation and presentation of data
- Statistical tools and interpretation
Both parts A and B will consist of 50:50 weightage in terms of marks in your final examination.
You can download the full detailed syllabus for economics class 11th for session 2022-23 by visiting the following link:
CBSE class 11th Economics Syllabus 2022-23
PREPARATION TIPS FOR CLASS 11TH ECONOMICS
- Focus on Understanding the concepts right from the beginning
This is not a subject where you can fetch good marks merely by studying one night before your examination. You need to start grasping the concepts right from the starting. Don’t wait for exams to push yourself for studying.
- Make notes of every chapter you study in microeconomics, along with the graphs.
- If you have any doubt, try to clear it as soon as possible so that the concept becomes crystal clear to you.
- For statistics, make sure you take a note of all the terms that you encounter. You should be able to define terms.
- 2. Practice Questions
The more questions you practice in this subject, the better you are able to grasp it. Solve as many questions and numericals as you can especially in chapters like consumer’s equilibrium and producer behaviour.
For statistics, practicing questions is the key to crack your examinations. You won’t earn anything by merely remembering the formulas and concepts.
- As soon as you finish the chapter, try to solve the questions given at the end of the chapter.
- Try to find more questions on the internet for practice.
- If you find any question difficult to solve, take help from your teacher or friend.
- Practice many questions of similar kind in statistics to reduce the chances of calculation mistake in exam.
- 3. Use Correct Sources
Many students remain confused regarding what resources to follow for class 11th economics and they end mugging up all the resources.
It is advised that you follow only one book resource each for microeconomics and statistics. Do not jump on multiple resources.
The ones that are mostly followed by the students include Sandeep Garg and VK Ohri, TR Jain. You can select any one author as per your convenience.
You can also rely on YouTube for better understanding of concepts. Following is the link of the ongoing free YouTube classes for microeconomics and statistics for batch 2022-23 by CA Parag Gupta, the most prominent commerce educator.
- 4. Do Frequent Revisions
It is very natural that you may forget a concept after understanding it very profoundly. The concepts in Microeconomics may seem a bit technical to you in first go and thus you may not be able to retain them for a longer period of time.
- It is advised that you keep on revising your concepts frequently from your notes.
- Revision merely takes 1/10th of the time you had devoted in understanding the concept, if you revise within 24 hours. Say for instance, if you had studied a concept in 2 hours, you will require only 12 minutes to revise it the next day.
If you give due attention and time, Economics in class 11th will seem to you the most interesting among all your other subjects.
All the best!
