About the UP Board Class 12 Economics Syllabus

Economics is one of the most sought-after subjects in the UP Board Class 12 Commerce and Arts streams. The syllabus gives students insights into the functioning of economies, concepts of demand and supply, and national income, while also making them aware of India’s economic policies.

Syllabus Overview

The syllabus is broadly divided into two parts:

1. Microeconomics:

   • Demand and supply analysis

   • Elasticity of demand

   • Production and cost

   • Market structures (perfect competition, monopoly, oligopoly)

   • Price determination

2. Macroeconomics:

   • National income accounting

   • Money and banking

   • Government budget and fiscal policy

   • International trade and balance of payments

   • Economic development and employment

3. Indian Economy (Applied Part):

   • Economic reforms since 1991

   • Poverty, unemployment, and rural development

   • Infrastructure and environment

Marking Scheme

The Class 12 Economics paper is of 100 marks, divided as:

• Microeconomics – 25 marks

• Macroeconomics – 35 marks

• Indian Economy – 30 marks

• Project/Case Study & Short Questions – 10 marks

Importance of Economics

Economics builds strong analytical and reasoning skills. It helps students understand real-world issues such as inflation, unemployment, and economic growth. For those planning careers in commerce, banking, finance, administration, or research, Economics plays a vital role.

Preparation Tips

• Focus on graphs and diagrams for better presentation.

• Practice numericals on national income and elasticity.

• Stay updated with current economic issues for better examples.

• Revise key definitions and laws for quick recall.

Download the PDF of the UP Board Class 12 Syllabus for Economics