CBSE Class 12 Economics Ultimate Guide For 2021

CBSE Class 12 Economics Ultimate Guide For 2021

Are you in the Class 12 CBSE Board? Looking for the valuable CBSE Class 12 Economics Guide 2021? Here is the best online portal, VidyaSetu Learnings for all your questions related to the subject of Economics. 

CBSE Economics Class 12 is a very important subject for Commerce and Arts Students. This article is crafted for students to get all the required details regarding CBSE Class 12 Syllabus 2021, CBSE Class 12 Economics Notes, Class 12 CBSE Economics Book 2021, CBSE Class 12 Economics Question Paper 2021 Solved, Class 12 Economics CBSE Marking Scheme, CBSE Economics Class 12 Online Classes, and many more. 

CBSE Class 12 Exams 2021 will be held in the month of May/June. CBSE Board has not yet announced the Class 12th Exam Date. Class 12 Students can Download Class 12 CBSE TimeTable 2021 and start preparing the Class 12 Study Plan for Economics. Students can also check CBSE Class 12 Economics Results 2021 after the CBSE Class 12 Exams 2020-21. 

CBSE Class 12 Students can attend VidyaSetu Learnings for Free NCERT Economics Online Video Lectures and get extra benefits of updated and revised Commerce, Arts, and Science Syllabus, Free Online Mock Test Papers, Doubt Solving Classes, Recorded HD-Video Lectures, Free Sample Papers, and many more. Register Yourself Now

Let’s continue with CBSE Class 12 Economics Guide 2021 and get yourself updated by the latest news from CBSE Board. 

CBSE Class 12th Economics Exam And Time Table 2021

Students can download CBSE Class 12 Date Sheet 2021 from here. CBSE Board will soon announce the Economics Exam Date for 2021. Expected Exam Dates are given below in the tabular form. Students can prepare accordingly by knowing the expected CBSE Class 12 Exam Dates 2021. Every exam is very important to attend, students are advised to take care of their health and start preparing for the main examinations which will be held in May-June. 

Important EventDate
CBSE 12th Admit Card 2021 (Release Date)January 2021 (Expected)
CBSE Class 12 Board Exam 2021 (First Paper)Postponed
CBSE Class 12 Board Exam 2021 (Last Paper)Postponed
CBSE Class 12th Result 2021 (Announcement)Postponed

CBSE Class 12 Economics Syllabus: Download Revised PDF

Students can download the CBSE Class 12 Economics Syllabus 2021 revised by the CBSE Board. Economics subject in Class 12 is part of Commerce Stream and Arts Streams. It is the main subject for the Commerce Students, while it is an optional subject for the Arts Students. Economics 12 class syllabus will be the same for both streams. Economics Subject has basically three parts: Part A Introductory Macroeconomics and Part B Indian Economic Development. All Economics Projects are included in Part C. Students can check out below 30% reduced CBSE class 12 eco syllabus and start preparing for the exams. 

 

UnitsChapter NamesMarksPeriods
Part A Introductory Macroeconomics
National Income and Related Aggregates1023
Money and Banking68
Determination of Income and Employment1222
Government Budget and the Economy615
Balance of Payments67
4075
Part BIndian Economic Development
Development Experience (1947-90)

and Economic Reforms since 1991

1228
Current Challenges facing Indian Economy2235
Development Experience of India – A Comparison with

Neighbors

0612
Theory Paper (40+40 = 80 Marks)4075
Part CProject Work2015

Deleted Syllabus for CBSE Economics Class 12

CBSE Board has reduced 30% of the CBSE Economics Syllabus for this academic session 2020-21, due to the covid crisis. Students can find the reduced syllabus of Economics which is deleted from the course of class 12 from the below-given syllabus. Check out the deleted CBSE Class 12 Syllabus 2021 from the given tabular data.    

Deleted topics of economics class 12 2021 Part A: Introductory Macroeconomics

UnitTopics Deleted
Unit 2: Money and BankingControl of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.
Unit 5: Balance of PaymentsBalance of payments deficit-meaning. Determination of exchange rate in a free market.

CBSE Class 12 Deleted Economics Syllabus 2021 Part B: Indian Economic Development

UnitTopics Deleted
Unit 7: Current challenges facing the Indian EconomyGrowth of Education Sector in India alternative farming – organic farming

Infrastructure: Energy

CBSE Class 12 Economics Course Structure 2021-22

UNITS MARKSPERIODS
PART AIntroductory Macro Economics
Unit 1National Income and Related Aggregates1230
Unit 2Money and Banking0615
Unit 3Determination of Income and Employment1025
Unit 4Government Budget and Economy0615
Unit 5Balance of Payments0615
 40100
PART BIndian Economic Development
Unit 6Development Experience (1947-90) and Economic Reforms Since 199112 28
Unit 7Current Challenges Facing Indian Economy22 60
Unit 8Development Experience- A Comparison with Neighbours0612
(Theory Paper = 40+40 =80 Marks)40100
PART CProject Work 2020

NCERT Class 12 CBSE Economics Books: Free PDF Download (English/Hindi)

Students can download Class 12 CBSE Economics Books 2021 from the official website of NCERT or from the below links given. NCERT books have been updated with respect to the revised CBSE Economics Syllabus. NCERT Economics books can act as a base for students who are planning to choose their path in Economics. CBSE has introduced two eco class 12 books namely – Microeconomics and Macroeconomics. Students can get their entire syllabus in these books. 

So, students who are in search of an online eco class 12 book can find the downloading Links below. You can find links to Class 12 CBSE Economics Books PDF- Microeconomics & Macroeconomics in both English and Hindi Medium. Just click each link and download the entire book in your device storage. 

The eco class 12 book PDF Links in Hindi and English medium are mentioned below:

CBSE Books for Class 12 MicroeconomicsDownload Here
CBSE Books for Class 12 MacroeconomicsDownload Here
NCERT Books for Class 12 Vyashti ArthashastraDownload Here
NCERT Books for Class 12 Samasti Arthashastra Ka ParichayDownload Here

CBSE Class 12 Economics project 2020-21

Class 12 Economics Project plays an important role for commerce student’s economics Project Topics For Class 12. However, a few students would be nervous about how and what to prepare for the economics project. There are many students who hesitate to prepare the project report files, but now students need not worry, this article is a complete CBSE Class 12 Economics Project Guide for 2021.

CBSE Class 12 Economics Paper Analysis/Paper Pattern

The CBSE Class 12 Economics Exam Paper comprises 80 Marks and the Exam Duration is of 3 Hours. Economics Curriculum is divided into three parts: Part A Introductory Microeconomics, Part B Indian Economic Development, and Part C Project in Economics. The Economics Syllabus 2021 comprise of 8 Units are as follows: 

  • National Income and Related Aggregates
  • Money and Banking
  • Determination of Income and Employment
  • Government Budget and the Economy
  • Balance of Payments
  • Development Experience (1947-90)

and Economic Reforms since 1991

  • Current Challenges facing Indian Economy
  • Development Experience of India – A Comparison with Neighbors

Students will find the CBSE Class 12 Economics Paper Analysis 2021 in the below table. Students can go into detail to know the exact CBSE Class 12 Economics MCQ Questions, Short and Long Questions with their Marking Scheme. Students of CBSE Class 12 need to study Economics very effectively because it is one of the most difficult subjects of the Commerce and Arts stream. But Economics Class 12th CBSE can be very scoring as well because it consists of Analysing and Evaluating Question Type, which makes it easy for students to attempt nicely without many theoretical answers. Check out the CBSE Class 12 Economics Paper Analysis 2021: 

Questions TypologyObjective Type (MCQs)

1 Mark

Very Short Answers

3 Marks

Short Answers

4 Marks

Long Answers

6 Marks

Marks
Remembering512122
Understanding512122
Applying511118
Analysing & Evaluating511118
Total2012242480

CBSE Class 12 Economics NCERT Solutions/Notes

Students can Download CBSE Class 12 Economics Solutions for each chapter prepared by the subject experts of the VidyaSetu Learnings. Students can study the easiest to understand CBSE Class 12 Economics Notes that will help to score well in the main examinations. Learn more about the benefits of referring to VidyaSetu NCERT Economics Class 12 Solutions. 

Benefits of VidyaSetu drafted Class 12 Economics NCERT Solutions

There are several benefits of studying VidyaSetu drafted CBSE Class 12 Economics Notes and solutions as it covers the whole syllabus and every concept is explained in a very simple and easy way. 

  • Students will get an accurate answer to every question in the notes by VidyaSetu.
  • CBSE Class 12 Economics Solutions are very helpful for commerce students while preparing for the main exams. Even these notes can be very helpful in higher studies in the field of economics.
  • VidyaSetu CBSE class 12 economics notes are very easy to understand while notes provided by the NCERT or CBSE comprise ornamental language that makes it difficult to understand.
  • VidaSetu also provides CBSE Class 12 Economics Question Paper 2020 Solved with the CBSE Class 12 Economics Solutions by which every student can practice more and gain good information. 

CBSE Class 12 Economics Sample Paper 2021

Students can download CBSE Class 12 Economics Sample Paper 2020 from here and start practicing for the main examinations. Students can find the below-tabulated data having the links to the CBSE Class 12 Commerce Economics Sample Paper 2021 along with the CBSE Class 12 Economics Marking Scheme for the 2021 exams.  Students can also go through CBSE class 12 sample papers for better preparation. This will help students to practice more and more and increase the speed of solving questions in a limited time period. Download Economics Class 12th CBSE Sample Question Papers 2021 from the below links. 

2020-21 Class XII Sample Question Paper & Marking Scheme for Exam (with solutions)
Sample paperDownload the CBSE class 12 economics sample paper 2020-21
Marking scheme (with solutions)Download the CBSE class 12 economics marking scheme 2020-21

CBSE Class 12 Economics Previous Year Question Papers With Solutions PDF

Students can also download CBSE Class 12 Economics Question Paper 2020 Solved from the below links of the CBSE Portal. As it is said that ‘practice makes a man perfect, so students can download the previous year’s question papers and start practicing for the 2021 examinations. This will help students to understand the pattern of the questions asked in the board exams. Also, how important questions can be asked in the papers. Here, we have given CBSE Class 12 Economics Previous Year Question Papers with Solutions PDF. 

YearPaper NameDownload Links
2019CBSE Class 12 Economic Question PaperClick Here
2018CBSE Class 12 Economic Question PaperClick Here

CBSE Class 12 Economics Online Classes

Due to covid, the whole scenario of the education system has changed. The classroom studies have been shifted to online classes. Today, every student has started learning digitally. VidyaSetu Learnings is the top Online Portal for students of class 10th, 11th, and 12th standards from all the Boards in India. Students can join VidyaSetu FREE CBSE Class 12 Economics Online Classes and enjoy online studies from the best faculty of economics.  

Conclusion

CBSE Class 12 Economics is a very important subject for Commerce and Arts Students. It requires a lot of studies and practice to score good marks. VidyaSetu Learnings has provided an ultimate  Economics Guide 2021 that includes Economics Syllabus, Sample Papers, Previous Year Question Papers, Exam Pattern, NCERT eco class 12 books, and Special NCERT Economics Solutions and Notes. Students can go through the complete article and start preparing well with the help of the Economics Guide. 

FAQs for CBSE Class 12 Economics Exams

Q1.Is the Economics subject hard in Class 12th?

Ans. In the year 2020, the Economics paper for class 12th was overall quite easy. While the macroeconomics section was slightly tricky.

Q2. For the class 12 economics, are NCERT Books enough?

Ans. For the board exams for class 12th, the NCERT books and NCERT solutions are enough. However, the students can still practice using other different reference books.

Q3. For economics for Class 12, how can one study the subject of economics?

Ans. The Preparation tips of the CBSE Class 12 Economics subject are as follows:-

  • Students can become aware of the key concepts by attending classes for the economics subject.
  • The chapters should be learned topic-wise.
  • One must figure out the specific problems in the chapters.

Q4. How can the students study Economics for the board exam?

Ans.  The study tips to prepare for the Economics subject 2021 are as follows:-

  • One must consider the NCERT books as per the syllabus prescribed by the CBSE.
  • For acquiring more information the different reference books are provided in the main market.
  • Students should study the renowned reference books for the Class 12th Economics subject.

Hope, CBSE Class 12 Economics Ultimate Guide would have helped you in knowing everything about the Economics Subject. If you have any question regarding any subject or need to ask anything about 2021 examinations, can simply comment below or mail us info@vidyasetu.com.

Leave a comment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.