WBCHSE 11 Economics (ECON) Syllabus 2026

WBCHSE 11 Economics (ECON)
WBCHSE XI

Semester I (Marks – 40)

Question Pattern All MCQ [1 Mark per Question]

UnitTopicMarks Alloted
1Microeconomics – Introduction1 x 4 = 4
2Microeconomics – Consumer Behaviour1 x 8 = 8
3Microeconomics – Producer Behaviour1 x 8 = 8
4Statistics- Introduction to Data1 x 4 = 4
5Organization & Representation of Data1 x 8 = 8
6Measures of Central Tendency1 x 8 = 8
Total1 x 40 = 40

Semester II (Marks – 40)

Question Pattern – Short Answer Type Question, Descriptive Questions [2, 4, and 6 marks questions]

UnitTopicSAQ(2 Marks)SAQ(4 Marks)Descriptive
Type Questions
Total
1Microeconomics-Introduction to Concepts of Market Structure 4 x 1 = 46 x 1 = 610
2Microeconomics – Basics ofInternational Trade2 x 3 = 64 x1 = 4 10
3Statistics – Measures of Dispersion2 x 1 = 2 6 x 1 = 68
4Statistics – Correlation 4 x 2 = 8 8
5Statistics – Index Numbers2 x 2 = 4  4
Total40

Class: XI
SEMESTER – I

Microeconomics & Statistics

UnitTopics Marks
 Unit – 1 Microeconomics MicroeconomicsUnit – 1 (Introduction) 

Problems addressed in Economics (both Micro & Macro) Basic Problems: for whom to produce, How to Produce, what to produce; Problems of Economic Growth, Economic Development and Problems of Sustainable Development. 

How the Problems are addressed: Free Market Economy; Government Intervention; Socialist Economic system; Mixed Economic system; Broad Social Goals: Efficiency, Equity, Freedom of Choice, Economic Growth, Sustainable Development. 

Indicators
Indicators of Economic Growth (Only definition)
Income, per capita income
Savings
Investment
Physical Capital
Human Capital 

Development Indicators (Concepts & Definitions)
Inequality
Poverty
Unemployment
Gender Inequality
Environment
4
 Unit – 2  Microeconomics Consumer Behaviour 

Demand & Supply-Concept of Equilibrium Price     Invisible Hand –laissez faire 

Concept of Elasticity of Demand – Price Elasticity of Demand; Income Elasticity of Demand; Cross Price Elasticity of Demand; Elasticity of Supply (Numerical Problems can be Introduced); Comparative StatisticsPrice Ceiling& Price Floor. 

Basics of Theory of Consumer Behaviour, Cardinal Utility, Ordinal Utility; Budget Constraint, Indifference Curve & Its Properties, Utility Maximization Using Indifference Curve; Derivation of Demand Function.
8
Unit – 3 Microeconomics Producer Behaviour 

Short Run and Long Run Production Function, Law of Variable Proportions, Returns to Scale, Economies of Scale

Basic Concepts of Cost: STC, SAC, SMC, LTC, LAC, LMC, Implicit Cost, Opportunity Cost

Concepts of Revenue and Profit: TR, AR, MR, Profit
8
Unit – 4 (Statistics) Introduction to Data 

Scope of Statistics

Introduction to Different Types of Data: Primary vs Secondary, Time Series vs Cross-Section, Qualitative vs Quantitative; Features of a Good Questionnaire

Data Sources for the Indian Economy
4
Unit – 5 (Statistics) Organization & Representation of Data 

Classification of Data: Continuous & Discrete Variables

Textual Presentation of Data

Tabular Presentation of Data

Graphical Representation of Data: Bar Chart, Histogram, Frequency Curve, Pie Chart, Ogive, Arithmetic Line Graph 
8
Unit – 6 (Statistics) Measures of Central Tendency 

Mean: Arithmetic Mean, Geometric Mean

Quartile & Median, Percentile (definition only)

Mode
8

SEMESTER – II

Microeconomics & Statistics

UnitTopicsMarks
Unit – 1Microeconomics Introduction to Concepts of Market Structure 

Basic Concepts of Forms of Markets: Perfect Competition, Monopoly, Natural Monopoly, Monopolistic Competition, Oligopoly (Definition & Features)

TR, AR & MR under Fixed Price & Variable Price, Equilibrium Condition under Perfect Competition & Monopoly

Financing through Debt & Equity: Basics of Financial Instruments (Stocks & Bonds) (Definitions & Differences)

Problems of Externality: Social Cost & Private Cost, Problems of Market Failure, with special reference to Environmental Problems

Public Goods & Private Goods
10
Unit – 2 (Microeconomics) Basics of International Trade 

Difference Between Internal Trade & International Trade

Concept of Absolute Advantage & Concept of Comparative Advantage

Gains from Trade

Concepts of Tariff & Quota (Only Definition)

Basic Ideas about Trade Liberalization, Bilateral Trade Agreements, Regional Trade Agreements
10
Unit – 3 (Statistics) Measures of Dispersion 

Absolute Measures of Dispersion: Range, Standard Deviation and Variance, Quartile Deviation

Relative Measure of Dispersion: Coefficient of Variation
8
Unit – 4 Statistics Correlation 

Concept

Scatter Diagram

Spearman’s Rank Correlation

Pearson’s Correlation Coefficient
8
Unit – 5 Statistics Index Numbers

Concept & Use

CPI & WPI
4

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