Modifications in CBSE class-12 Economics Syllabus for 2015-16

New syllabus for 2015-16 issued by CBSE for class-12 economics has some modifications. The new and revised syllabus is available HERE in myCBSEguide.com for free download.

Class XII Economics

Demand curve and its slope (Pg. 245)

Projection function – Short – Run and Long-Run (Pg. 246)

Average cost (Pg. 246)

Revenue – total, average and marginal revenue – meaning and their relationship. (Pg. 246)

Supply curve and its slope (Pg. 246)

Problems of excess demand and deficient demand; measures to correct them-changes in government spending, taxes and money supply. (Pg. 247)

Application Based Questions

Very short answer MCQ (1 Mark) – 3 Questions

Short Answer (3 Marks) – 1 question (Pg. 248)

High order thinking skills Based Questions

Very short answer MCQ (1 Mark) – 1 question (10 x 1 = 10)

Short answer (3 marks) – 1 question (6 x 3 = 18)

Short answer (4 marks) – 1 question (6 x 4 = 24)

Total 100 (30) (Pg. 248)

Note : There will be internal choice in questions of 3 marks, 4 marks and 6 marks in both sections (A and B). (Total 3 internal choices in section A and total 3 internal choices in section B).