AHSEC Class 11 Economics Syllabus 2025
AHSEC Class 11 New Syllabus Economics
One Paper Time: Three hours
Marks: 100 [(80 Theory) + 20 (Project)]
Unit
wise distribution of Marks and Periods:
|
PART – A :INTRODUCTORY MICROECONOMICS |
|||
|
Unit |
Topics |
Marks |
Periods |
|
Unit-1 |
Introduction |
04 |
10 |
|
Unit-2 |
Consumer’s Equilibrium
and Demand |
15 |
40 |
|
Unit-3 |
Producer’s Behaviour and
supply |
12 |
35 |
|
Unit-4 |
Market Equilibrium |
09 |
25 |
|
|
Total |
40 |
110 |
|
PART-B :STATISTICS For Economics |
|||
|
Unit-1 |
Introduction |
04 |
05 |
|
Unit-2 |
Collection, Organisation
and Presentation of Data |
10 |
20 |
|
Unit-3 |
Statistical Tools and
Interpretation |
26 |
45 |
|
|
Total |
40 |
70 |
|
PART-C |
|||
|
Project work |
20 |
20 |
|
|
G.
Total |
100 |
200 |
|
Unit wise
Course Content
Part –A: Introductory Microeconomics
Unit- 1: Introduction: Marks-04 [Periods-10]
What is Economics: Microeconomics and Macroeconomics; Positive and
Normative Economics; Central Problems of an Economy; What is an economy?
Concept of Production Possibility Frontier and Opportunity Cost
Unit -2: Consumer’s Equilibrium and Demand: Marks-15 [Periods-40]
Concept of Utility: Marginal Utility, total Utility; Consumer’s
equilibrium: Law of Diminishing Marginal Utility; Consumer’s Equilibrium using
Indifference Curve: Indifference Curve, Indifference map, budget set and budget
line, conditions of Consumer’s Equilibrium.
Demand: Concept of demand, Law of Demand, Demand Curve, Deriving a
demand curve from in difference curves and Budget constraints, Normal Goods
inferior Good and Giffen good (concepts) Market Demand, Movement along and
shifts in Demand Curve, Price elasticity of Demand: Meaning, Measurement ,
Factors affecting price elasticity of Demand; Measurement of price elasticity
of demand: Percentage Method and Geometric measure of elasticity of demand
Elasticity and Expenditure.
Unit -3: Producer’s
Behaviour and Supply: Marks-12 [Periods-35]
Meaning of production and production function, Short Run and Long–Run,
Total product, average product and Marginal product. Returns to scale; Law of
Diminishing Marginal Product and the Law of Variable Proportions
Cost: Short-run cost, Long run cost, total cost, total fixed cost,
total variable cost, average cost, average fixed cost, average variable cost
and marginal cost- meaning and their relationships.
Revenue–Total, Average and Marginal revenue-Meaning and their
relationships Profit Maximisation: Conditions for Profit minimization.
Supply: Meaning, determinants of supply, Law of Supply, Supply
schedule, Short run supply curve & Long-run supply curve of a form. Market
Supply, Price elasticity of Supply: Meaning and its measurement (Percentage
Method).
Unit -4: Market Equilibrium: Marks-09 [Periods-25]
Equilibrium, Excess Demand, Excess supply; Market equilibrium with
Fixed numbers of Firms; Market equilibrium with Free Entry and Exit, Simple Application of Demand and supply Price
ceiling and price Floor.
Part –B: Statistics for Economics
Unit-1: Introduction:
Marks-04 [Periods-05]
Meaning and scope of statistics, importance of statistics in
Economics.
Unit-2: Collection,
Organization and Presentation of Data: Marks-10 [Periods-20]
Collection of data: Sources of data-Primary and Secondary, Methods
of Collecting data. Census and sample survey (concepts only) Some Important
Sources of Secondary data: Census of India and National Sample survey
organization.
Organization: Organization of data–meaning and types of variables,
frequency ,distribution ,Presentation of data- tabular and diagrammatic
presentation of data-Bar diagram, Pie diagram, Histogram, Frequency Polygon,
frequency curve, ogive and time series graph
Unit-3: Statistical Tools and interpretation: Marks-26 [Periods-45]
Measures of central tendency–Arithmetic Mean, Median and Mode
Correlation: Meaning and Properties, scatter Diagram, Measures of Correlation–Karl
Pearson’s Method (Two variables ungrouped data), Spearman’s Rank correlation
Index Numbers: Meaning, Construction of an Index Number, Some
important index numbers: wholesale price index, consumer price index and index
of Industrial production, Uses of index numbers
Part –C Project in Economics: Marks-20 [Periods-20]
Guidelines for Project Work in
Economic (Class-XI):
The objectives of the project work are to enable learners to:
® Probe deeper into theoretical
concepts learnt in classes XI
® Analyse and evaluate real
world economic scenarios using theoretical constructs And arguments.
® Demonstrate the learning of
economic theory
® Follow up aspects of
economics in which learners have interest.
® Develop the communication
skills to argue logically
The expectations of the project work are that:
® Learners will complete only
ONE project in each academic session
® Project should be of
3500-4000 words (excluding diagrams & graphs) preferably hand-written
® It will be an independent,
self-directed piece of study
Role of the teacher:
The teacher plays a critical role in developing thinking skills of
learners. A teacher should:
® Help each learner select the topic based on recently
published extracts from the news, media, government policies, RBI bulletin,
NITI Aayog reports, IMF/World Bank reports
etc. after detailed discussions and deliberations of the topic.
® Play the role of a Facilitator and Supervisor to monitor
the project work of the learner through periodic discussion
® Guide the research work in terms of sources for the
relevant data
® Educate learners about plagiarism and the importance of
quoting the source of the information to ensure authenticity of the research
work
® Prepare the learners for the presentation of the project
work
® Arrange a presentation of the project file
Scope of the Project
® Learners may work upon the following lines as suggested
flow chart:
¯
Choose a title/topic
¯
Collection of the research material/data
¯
Organization of material/data
¯
Present material/data
¯
Analysing the material/data for conclusion
¯
Draw the relevant conclusion
¯
Presentation of the project work
Expected Checklist:
® Introduction of topic/title
® Identifying the causes, consequences and/or remedies
® Various stakeholders and effect on each of them
® Advantages and disadvantages of situation or issues
identified
® Short-term and long-term implication of economic
strategies suggested in the course of research
® Validity, reliability, appropriateness and relevance of
data used for research work and presentation in the project file
® Presentation and writing that is succinct and coherent in
project file
® Citation of the materials referred to in the file in
footnotes, resources section, bibliography etc.
Mode of presentation /submission of the project:
At the end of the stipulated term, each learner will present the
research work in the Project File to the External and Internal examiner. The
questions should be asked from the Research Work/Project File of the learner.
The internal examiner should ensure that the study submitted by the learner is
his/her own original work. In case of any doubt, authenticity should be checked
and verified.
Marketing Scheme:
|
SL.
No. |
Heading |
Marks
Allotted |
|
1. |
Relevance
of the topic. |
3 |
|
2. |
Knowledge
Content / Research. |
6 |
|
3. |
Presentation
Technique |
3 |
|
4. |
Viva-Voce |
8 |
AHSEC CLASS 11 CHAPTER-WISE NOTES
Part A: Introductory Micro Economics
Introduction to Micro Economics
Consumer Behaviour and Demand
* Law of Demand
* Elasticity of Demand
Producer Behaviour and Supply
* Laws of Return to Scale
Forms of Market and Price Determination:
* Monopoly
* Perfect Comptetition
* Monopolistic Competition
Simple Applications of Tools of Demand & Supply
Part B: Statistics for Economics
Introduction to Statistics
Collection, Organisation and Presentation of Data
Statistical Tools & Interpretation
* Measure of Central Tendency
* Dispersion
* Index Number
Correlation analysis