The West Bengal Council of Higher Secondary Education, WBCHSE has released the syllabus for all subjects of class 12. Here’s the officially released Class 12 Economics syllabus which is provided for free PDF download. The WBCHSE Class 12 Economics Syllabus for the students of Commerce stream serves as a crucial roadmap for students, outlining the topics, objectives, and expectations of the course. It provides a clear structure and timeline, helping students to plan and manage their studies effectively. By detailing the content, assessment methods, and resources, the West Bengal Board’s Class 12 Economics syllabus ensures that students are well prepared for the academic challenges and examinations.
DownloadWBCHSE Class 12th Economics Syllabus here
WBCHSE Class 12 Economics Syllabus 2025-26 – Semester III
Below given is the detailed syllabus:
Unit No. | Unit Title | Topics Covered |
Unit 1 | Macroeconomics – National Income Accounting | - Stocks & Flows- Transfer Payments- Closed & Open Economy- GDP, GNP, NDP, NNP (Market Price & Factor Cost)- Real vs Nominal Income- Methods of Measuring NI:• Product Census Method• Value Added Method (Intermediate Concept) |
Unit 2 | Macroeconomics – Simple Keynesian System | - Consumption & Savings Functions- Cross-Diagram Model- Government Budget & Taxation- Multipliers:• Investment Multiplier• Govt. Expenditure Multiplier• Tax Multiplier |
Unit 3 | Macroeconomics – Balance of Payments & Exchange Rate | - BOP Concepts:• Balance of Trade• Current & Capital Account- Causes & Solutions of Disequilibrium- Autonomous vs Accommodating Transactions- Exchange Rate: Basic Concepts & Types |
Unit 4 | Indian Economic Development – Colonial Past | - Brief Reference to Colonial Rule- Its Advantages & Disadvantages |
Unit 5 | Indian Economic Development – Evolving Features | - Sectoral NI Composition (Pre & Post Liberalization)- Occupational Distribution (Pre & Post Liberalization)- Types of Unemployment- Employment Patterns & Programs- Jobless Growth- India vs China: Economic Growth, Sectoral Development, Human Indicators |
Unit 6 | Indian Economic Development – Agriculture | - Post-Independence Agricultural Issues- 1st Plan & Green Revolution- Institutional Reforms:• Land Reforms• Operation Barga• Rural Credit- Post-Liberalization Reforms- Globalization Impact- Food Security & Public Distribution System |
WBCHSE Class 12 Economics Syllabus 2025-26 – Semester IV
Below given is the detailed syllabus:
Unit No. | Unit Title | Topics Covered |
Unit 1 | Money, Banking & Inflation (10 Marks) | - Role of Central & Commercial Banks- Money Supply & Credit Creation- Inflation Types: Demand-pull, Cost-push, Stagflation- Monetary Tools: CRR, SLR, Repo Rate, Bank Rate |
Unit 2 | Government Budget & Public Finance (10 Marks) | - Direct & Indirect Taxes- GST (Goods & Services Tax)- Budget Deficits & Public Debt- Revenue vs Capital Expenditure |
Unit 3 | Industry (4 Marks) | - Five-Year Plans & Mahalanobis Model- Industrial Policies Since 1991- WTO Membership & Role of Small-Scale Industries |
Unit 4 | Service Sector (8 Marks) | - Growth of IT, Financial Services & Outsourcing- Role in Post-Liberalization Economic Development |
Unit 5 | Inclusive Growth (8 Marks) | - Measures of Poverty & Inequality- Human Development Index (HDI)- Sustainable Development Goals (SDGs)- Govt. Schemes Addressing Regional Inequality |
Project Work | Applied Economic Research (20 Marks) | - Based on Primary/Secondary Data- Apply Classroom Learning Practically- Use of Statistical ToolsSuggested Topics:• Credit Supply to Agriculture• Poverty & Inequality Studies• HDI Comparison between India & Neighbours |