In the Class 11 Economics curriculum, the subject is divided into two key areas:
Microeconomics: This part of the course focuses on individual economic units such as consumers, firms, and markets. Students will learn about demand and supply, consumer behavior, market structures, and price determination.
Macroeconomics: This section covers the broader economy, studying topics like national income, inflation, unemployment, and the role of government in managing economic activity.
The course aims to build a strong foundation, helping students understand how economies function both at the micro and macro levels
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In Class 12 Economics, the subject is again split into two major segments:
Microeconomics: Here, students explore deeper into the behavior of individual markets, including theories of production and cost, market competition, and the dynamics of price formation in various economic systems.
Macroeconomics: This component delves into large-scale economic factors, such as GDP, fiscal and monetary policy, foreign trade, and the broader economic challenges facing nations.
By the end of this course, students gain a comprehensive understanding of both individual market functioning and the larger economic framework.
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