Kendriya Vidyalaya Sangathan, Raipur Region

Month wise Split-up Syllabus (2023-24)

Economics(030)
Class XI
S. Name of Chapter Month Required Tentative No. of Marks TEST/EXAM
No. Period(By Working Days
CBSE)
1 Statistics for Economics JULY/AUGUST 22 40 15 August-
Introduction Periodic Test-1
 What is Economics? (Syllabus:
 Meaning, scope, functions and importance of statistics Introduction
in Economics. Collection of data
Collection of data Organisation of
 sources of data - primary and secondary; how basic data Data
is collected with concepts of Sampling; methods of Presentation of
collecting data; some important sources of secondary Data
data: Census of India and National Sample Survey Measures of
Organisation. Central Tendency
Organisation of Data
 Meaning and types of variables; Frequency Distribution.
Presentation of Data:
 Tabular Presentation and Diagrammatic Presentation of
Data: (i) Geometric forms (bar diagrams and pie
diagrams), (ii) Frequency diagrams (histogram, polygon
and Ogive) and (iii) Arithmetic line graphs (time series
graph).
Measures of Central Tendency
Arithmetic mean, median and mode
2 Measures of Central Tendency AUGUST 6 8 10 November-
 Arithmetic mean, median and mode Half Yearly Exam
3 Introductory Microeconomics SEP 17 22 18 Syllabus -
 Introduction: Meaning of microeconomics and Introduction
macroeconomics; positive and normative economics Collection of data
 What is an economy? Organisation of
 Central problems of an economy: what, how and for Data
whom to produce; concepts of production possibility Presentation of
frontier and opportunity cost Data
Consumer's equilibrium – Measures of
 Consumer's Equilibrium meaning of utility, marginal Central Tendency
utility, law of diminishing marginal utility, conditions of Introductory
consumer's equilibrium using marginal utility analysis. Microeconomics
 Indifference curve analysis of consumer's equilibrium- Consumer's
the consumer's budget (budget set and budget line), equilibrium – and
preferences of the consumer (indifference curve, Demand
indifference map) and conditions of consumer's Producer
equilibrium. Behaviour-
Consumer's equilibrium Production
Demand, market demand, determinants of demand, function and Cost
demand schedule, demand curve and its slope, movement
along and shifts in the demand curve; price elasticity of
demand - factors affecting price elasticity of demand;
measurement of price elasticity of demand – percentage-
change method and total expenditure method.
Producer Behaviour and Supply OCT 35 16 4
 Meaning of Production Function – Short-Run and Long-
4 Run
 Total Product, Average Product and Marginal Product
 Returns to a Factor
 Cost: Short run costs - total cost, total fixed cost, total
variable cost; Average cost; Average fixed cost, average
variable cost and marginal cost-meaning and their
relationships.
5 Producer Behaviour and Supply NOV/DEC 35 30 14 January-
 Revenue - total, average and marginal revenue - Periodic Test-2
meaning and their relationship (Syllabus
 Producer's equilibrium-meaning and its conditions in Producer's
terms of marginal revenue marginal cost. Supply, equilibrium
market supply, determinants of supply, supply schedule, Revenue
supply curve and its slope, movements along and shifts Supply
in supply curve, price elasticity of supply; measurement Correlation
of price elasticity of supply - percentage-change
 method.
Correlation
 meaning and properties, scatter diagram.
 Measures of correlation - Karl Pearson's method (two
variables ungrouped data)
 Spearman's rank correlation (Repeated and non-
repeated)
6 Introduction to Index Numbers DEC/JAN 34 25 11 MARCH-
 meaning, types - wholesale price index, consumer price SESSION
index and index of industrial production, ENDING EXAM:
 uses of index numbers; Inflation and index numbers. 2023-24
 Simple Aggregative Method (COMPLETE
7 Forms of Market and Price Determination under Perfect SYLLABUS)
Competition with simple applications.
 Perfect competition - Features; Determination of
market equilibrium and effects of shifts in demand and
supply.(Short Run Only)
 Simple Applications of Demand and Supply: Price ceiling, FEB 25 24 8
price floor
8 Project in Economics:- Guidelines as given in class XII curriculum
To prepare students for CAE exams and clear their doubts
154 165 80
INTERNAL ASSESSMENT: 20 MARKS

FEBRUARY/ MARCH - REVISION

SESSION ENDING EXAM:2023-24 (Full syllabus)
NOTE: AS PER CBSE SYLLABUS AND NEW EDITION OF NCERT TEXT BOOK