HBSE Class 12th Economics Syllabus

Sushmita Sundas

Updated on - Oct 15, 2024

Table of Contents

HBSE Class 12th Economics Syllabus
HBSE Class 12th Economics Syllabus: PDF Download
How to Download HBSE Class 12th Economics Syllabus
Important Topics for HBSE Class 12th Economics Syllabus
Best Books for HBSE Class 12th Economics Syllabus
Preparation Tips HBSE Class 12th Economics Syllabus

The Haryana State Board (HBSE) has designed HBSE class 12th economics syllabus, which can be downloaded by students from their official website at bseh.org.in. The syllabus is designed to equip students with a strong understanding of economic principles, focusing on development of analytical skills and real-world economic application at both macro and micro levels.

The board examination for HBSE class 12th economics totals 100 marks, out of which 80 are allotted for theory part and 20 for internal assessments. By smartly following the syllabus provided by HBSE, students can enhance their exam preparations and have better focus on relevant topics with high weightage. For latest updates, students should regularly check the HBSE official website. Continue reading this article for latest insights of HBSE class 12th economics syllabus.

Also Read: HBSE 12th board exam

HBSE Class 12th Economics Syllabus

The HBSE class 12th economics syllabus is mainly divided into two parts (microeconomics and macroeconomics) each designed to provide a deep understanding in every possible niche under economics. Here is the table comprising chapter-wise details and topics.

*Microeconomics*
Chapter	Topics
Microeconomics	Meaning of Economics Micro and Macroeconomics Central Problems of an Economy Positive and Normative Economics Types of Economy
Consumer Behaviour & Demand Analysis	Utility theory (Cardinal and Ordinal utility) Indifference curve analysis Law of diminishing marginal utility Income and substitution effects Elasticity of demand (price, income, cross elasticity)
Production Function and Costs	Short-run and long-run production functions Law of variable proportions Returns to scale Cost curves (fixed, variable, total, marginal, and average costs) Economies and diseconomies of scale
Profit Maximisation & Supply Curve	Profit maximization under perfect competition and monopoly Cost-revenue analysis Marginal cost and marginal revenue approach Short-run and long-run supply curve Shutdown point and break-even point
Market Equilibrium	Determination of equilibrium price and quantity Shifts in demand and supply curves Consumer and producer surplus Price ceiling and price floor impacts Elasticity and its role in market equilibrium
*Macroeconomics*
Chapter
National Income and Basic Concepts	GDP, GNP, NDP, and NNP (market price and factor cost) Methods of measuring national income (product, income, and expenditure methods) Real and nominal GDP Green GDP Circular flow of income in a two, three, and four-sector model
Money and Banking	Functions of money The role of central banks and commercial banks Money supply and money multiplier Inflation and deflation Monetary policy and its instruments
Determination of Income	Keynesian theory of income determination Aggregate demand and aggregate supply Multiplier and accelerator effects IS-LM model Phillips curve (trade-off between inflation and unemployment)
Government Budget	Components of government budget (revenue and expenditure) Fiscal deficit, revenue deficit, and primary deficit Types of government expenditure (capital and revenue) Fiscal policy and its tools Crowding-out effect
Open Economy and Macroeconomics	Balance of payments (current and capital account) Exchange rates (fixed and floating) Mundell-Fleming model International trade and capital flows Trade policies (tariffs, quotas, subsidies)

Also Read: HBSE class 12 syllabus

HBSE Class 12th Economics Syllabus: PDF Download

Candidates can click on the link given below to download HBSE Class 12th Economics syllabus PDF

HBSE Class 12th Economics Syllabus PDF Download

How to Download HBSE Class 12th Economics Syllabus

Students can follow these steps to download the HBSE Class 12th Economics syllabus from the official website.

Step 1: Visit official website of Haryana State board, ie https://bseh.org.in/home

Step 2: Find the section named “Academic session 2024-25 Curriculum” on the home page.

Step 3: Select “Economics” from the subject list.

Step 4: Save the PDF to your device or take a printout for future reference.

Important Topics for HBSE Class 12th Economics Syllabus

The topics like Consumer Behaviour & Demand Analysis, Determination of Income, and National Income and Basic Concepts consists of the highest weightage in HBSE class 12th economics syllabus. Here is the detailed description of the weightage of each topic in the syllabus.

*Topic*	*Weightage*
Microeconomics	6
Consumer Behaviour & Demand Analysis	10
Production Function and Costs	18
Profit Maximisation & Supply Curve	18
Market Equilibrium	6
National Income and Basic Concepts	12
Money and Banking	8
Determination of Income	10
Government Budget	6
Open Economy and Macroeconomics	4

Also Read: HBSE 12th sample papers 2025

Best Books for HBSE Class 12th Economics Syllabus

However there are many books available in the market to cover HBSE class 12th economics syllabus comprehensively. Here we have some of the books with updated syllabus.

Introductory Microeconomics – Class 12

Author: NCERT

Publisher: NCERT

Macroeconomics – Class 12

Author: NCERT

Publisher: NCERT

Indian Economic Development for Class 12

Author: Sandeep Garg

Publisher: Dhanpat Rai Publications

Economics: A Textbook for Class 12 (Micro & Macro Economics)

Authors: T.R. Jain and V.K. Ohri

Publisher: VK Global Publications

Introductory Macroeconomics for Class 12

Author: Sandeep Garg

Publisher: Dhanpat Rai Publications

Preparation Tips HBSE Class 12th Economics Syllabus

Here are some expert curated personalised tips to prepare for HBSE class 12th economics syllabus.

Understand the syllabus: The key to success in a subject is understanding its syllabus and knowing your level of understanding of that particular subject. Especially for subjects like economics, understanding the concept is very important for excellence.
Practise regularly: The key to master economics is practice, practice as much as you can, try solving textbook questions from previous year papers and sample papers.
Create summary notes: To avoid last minute hustle, keep your summary notes ready that will provide a quick revision filling up the small gaps in your preparation.
Time management: In the final examination time management is the key to cover each and every question. For effective time management try solving sample papers within a particular time limit.