Economics – CBSE 11

CBSE Syllabus 2020


Micro Economics
Macro Economics, Micro Economics, Positive & Normative science, Economic Laws, Economic Model, Economic System, Capitalist Economy, Socialist Economy, Mixed Economy, Production Possibility Curve

Law of Demand, Demand Schedule, Demand Curve, Change in Demand, Expansion & Contraction in Demand, Increase & Decrease in Demand, Elasticity of Demand, Price Elasticity of Demand, Income Elasticity of Demand, Cross Elasticity of Demand

Consumer Behaviour
Diminishing Marginal Utility, Equi-Marginal Utility, Marginal Rate of Substitution, Consumer Surplus, Indifference Curve, Budget Line, Consumer Equilibrium, Indifference Map

Supply Analysis

Elasticity of Supply, Measurement & change in Elasticity of Supply


Market Forms, Competition, Perfect Competition, Monopolistic Competition, Imperfect Competition, Monopoly, Oligopoly,  Equilibrium of Firm, Price Discrimination, Selling Cost, Price Mechanism