Bihar Board Class 12 Economics Syllabus has been released for the session 2024-25. Students can download the complete syllabus from the official website biharboardonline.bihar.gov.in. Economics syllabus along with detailed chapter-wise topics is also provided in this article. 

Bihar Board Class 12 Economics Syllabus 2024-25 contains 3 parts-

  • Introductory Microeconomics
  • Introductory Macroeconomics
  • Developing Projects in Economics

A total of 10 chapters are there including both parts of the Economics Syllabus. However, the chapter-wise marks weightage is not officially available for Economics. Students can check Bihar Board 12th Previous Years Question Papers to get an idea of the marks weightage assigned to each chapter. 

The exam will be held for a total of 100 marks. These marks are further divided into internal assessment, project, and theory paper.

 

Table of Contents

  1. Bihar Board Class 12 Economics Syllabus 2024-25
  2. Bihar Board Class 12 Economics Syllabus 2024-25: Chapter-Wise Topics
  3. Bihar Board Class 12 Economics Exam Pattern 2024-25
  4. Bihar Board Class 12 Economics Sample Papers 2024-25
  5. Bihar Board Class 12 Economics Preparation Tips
  6. Frequently Asked Questions
Economics Syllabus

Bihar Board Class 12 Economics Syllabus 2024-25

Bihar Board Class 12 Economics textbook is divided into three parts. The chapters included in each part are mentioned in the table below:

S.No. Chapter Name
Part A - Introductory Microeconomics
1. Introduction
2. Consumer Behaviour and Demand
3. Producer Behaviour and Supply
4. Forms of Market and Price Determination
5. Simple Applications of Tools of Demand and Supply Curves
Part B - Introductory Macroeconomics
6. National Income and Related Aggregates
7. Determination of Income and Employment
8. Money and Banking
9. Government Budget and the Economy
10. International Projects in Economics
C Developing Projects in Economics
 
Economics Chapter-Wise Topics

Bihar Board Class 12 Economics Syllabus 2024-25: Chapter-Wise Topics

Check the detailed chapter-wise topics for Bihar Board Class 12 Economics Syllabus below:

S.No. Chapter Name Topics
Part A - Introductory Microeconomics
1. Introduction
  • What is microeconomics?
  • Central problems of an economy, production possibility curve, and opportunity cost
2. Consumer Behaviour and Demand
  • Consumer's Equilibrium - Meaning and attainment of equilibrium through Utility Approach: One and two commodity cases
  • Market demand determinants of demand, demand schedule, demand curve, movement along, demand, and shifts in the demand curve
  • Price elasticity demand measurement of price elasticity of demand - percentage, total expenditure, and geometric method
3. Producer Behaviour and Supply
  • Production function: Returns to factors and Returns to sales
  • Supply: determinants of supply, supply schedule, supply curve movement along and Supply curve movement along and shifts in supply curve
  • Price: elasticity of supply, measurement of price elasticity of supply - percentage and geometric method
  • Cost and Revenue · short-run costs, total costs, total variable cost, total fixed cost, average fixed cost, average variable cost, Marginal meaning, and their relationship. Revenue-total, average, and marginal revenue, Opportunity cost - definition and application
  • Producer’s equilibrium - Meaning and its conditions in terms of total cost and total revenue
4. Forms of Market and Price Determination
  • Perfect competition - Features; Determination of market equilibrium and effects of shifts in demand and supply. Other Market Forms - monopoly, monopolistic competition, oligopoly - their meaning and features. Simple applications of demand and supply
  • Price determination equilibrium price, effects of shifts in supply and demand
5. Simple Applications of Tools of Demand and Supply Curves
  • Simple Applications of Demand and Supply: Price ceiling, price floor
Part B - Introductory Macroeconomics
6. National Income and Related Aggregates
  • Macroeconomics: Meaning
  • Circular flow of income, concepts of GDP, GNP, NDP, NNP (at market price and factor cost), National Disposable Income (gross and net); Private Income, Personal Income, and Personal Disposable Income
  • Measurement of National Income: Value-added method, income method, and expenditure method
7. Determination of Income and Employment
  • Aggregate demand, aggregate supply, and their components
  • Propensity to consume and propensity to save (average and marginal)
  • Meaning of Involuntary unemployment and full employment
  • Determination of income and employment: Two-sector model. Concept of investment multiplier and its working
  • Problems of excess and deficient demand: Measures to correct excess and deficient demand - availability of credit, change in Government spending
8. Money and Banking
  • Money - meaning, evolution, and functions
  • Inflation: cost-push; demand-pull; causes, effects of inflation on different groups of society; measures to control inflation
  • Central Bank - meaning and functions
  • Commercial banks - meaning and functions
  • Recent significant reforms and issues in the Indian Banking System: Privatisation and Modernisation
9. Government Budget and the Economy
  • Government budget - meaning and its components
  • Objectives of the government budget
  • Classification of receipts - revenue and capital
  • Taxes - types
  • Classification of expenditure - revenue and capital, plan and non-plan & developmental and developmental
  • Balanced budget, surplus budget, and deficit budget: meaning and implications
  • Revenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to contain different IFB deficits
  • Latest budget of Bihar and India
10. International Projects in Economics
  • Why International Trade takes place
  • Balance of payments meaning and components
  • Foreign exchange rate - meaning (Fixed and flexible), merits and demerits, Determination through de and supply
  • A brief analysis of recent exchange rate issues
Part C - Developing Projects in Economics

-

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  • To enable the students to develop the ways and means by which a project can be developed using the skills learned in the course
  • This includes all the steps involved in designing a project starting from choosing a title, exploring the pieces of information relating to the title, collecting primary and secondary data, analyzing the data, presenting the project, and using various statistical tools and their interpretation and conclusion
  • To develop a vision for becoming a partner in the development of your area
Some suggestive examples of projects and case studies are:
  • Understanding the demand and supply pattern of your village/mohalla
  • Impact of Inflation on Consumption Pattern
  • Role of Self Help Group in thrift and credit promotion. The teachers and learners are encouraged to take on innovative projects.
 

People Also Ask

Ques. What are the most important chapters in Bihar Board Class 12 Microeconomics?

Ans. The important chapters from Microeconomics are – Consumer Behaviour and Demand, Forms of Market and Price Determination, and Simple Applications of Tools of Demand and Supply Curves.

Ques. What are the important topics from National Income and Related Aggregates chapter?

Ans. The important topics in National Income and Related Aggregates chapter includes GDP, GNP, NDP, NNP, different types of income and different methods to measure national income. 

Economics Exam Pattern

Bihar Board Class 12 Economics Exam Pattern 2024-25

The marks distribution for Bihar Board Class 12 Economics is tabulated below:

S.No. Type of Questions Weightage (Marks)
Internal Examination (50 Marks)
1. Project Work 30
2. Viva 20
Written Examination (50 Marks)
Part I Fill in the blanks or one-line answers 15%
Part II Short answer type to be written in 100-150 words 20%
Part III Short answer type to be written in 250-300 words 30%
Part IV Long answer type to be written in 600-700 words 35%

Bihar Board 12th Economics Passing Marks 2025

The passing marks for Bihar Board Class 12 Economics is provided below:

Exam Type Maximum Marks Pass Marks
Project Work and Viva 50 15
Written Examination 50 15
Total 100 30
Economics Sample Papers

Bihar Board Class 12 Economics Sample Papers 2024-25

Download Bihar Board Class 12 Sample Papers for Economics from the links given below:

Year BSEB Class 12 Economics Sample Paper
2023 Check Here
2021 Check Here
2020 Check Here
2019 Check Here
Economics Preparation Tips

Bihar Board Class 12 Economics Preparation Tips

The following are some useful tips for students who are preparing for Bihar Board Class 12 Economics Exam:

  • Go through the detailed Bihar Board Class 12 Economics Syllabus 2024-25 and prepare a study plan accordingly.
  • Plan your schedule keeping in mind the marks weightage assigned to each chapter.
  • Refer to various books to prepare for your Economics exam. Some of the good books include T.S.Grewal, T.R.Jain, V.K.Ohri, etc.
  • Make proper notes for important formulas and definitions.
  • Graphs are an important part of Bihar Board Class 12 Economics Syllabus 2024-25. Practice making graphs and curves along with tables.

Check Bihar Board 12th Exam Preparation Tips

Frequently Asked Questions

Frequently Asked Questions

Ques. What are the two parts of Bihar Board Class 12 Economics Syllabus?

Ans. Bihar Board Class 12 Economics Syllabus is divided into two parts – Part A (Introductory Microeconomics) and Part B (Introductory Macroeconomics). 

Ques. How many chapters are there in Bihar Board Class 12 Economics Syllabus 2024-25?

Ans. There are a total of 10 chapters in Bihar Board Class 12 Economics Syllabus 2024-25.

Ques. What are the passing marks for Bihar Board Class 12 Economics Exam 2025?

Ans. Students need to score at least 30 marks out of 100 to pass the Bihar Board Class 12 Economics exam.

Ques. How many chapters are included in Bihar Board Class 12 Economics Syllabus 2024-25?

Ans. There are a total of 10 chapters divided into two parts in Bihar Board Class 12 Economics Syllabus 2024-25.

Ques. What are the types of questions that will be asked in the Bihar Board Class 12 Economics exam?

Ans. The types of questions that will be asked in the Bihar Board Class 12 Economics exam include:

  • Viva
  • Fill in the blanks or one-line answers
  • Short answer type to be written in 100-150 words
  • Short answer type to be written in 250-300 words
  • Long answer type to be written in 600-700 words

Ques. How many marks are required to get a first division in Bihar Board Class 12 Exam 2024?

Ans. 300 marks out of 500 are required to get a first division in Bihar Board Class 12 Exam.

Ques. When will Bihar Board Class 12 Economics exam be conducted?

Ans. Bihar Board Class 12 Economics exam will be held on February 1, 2024.