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Economics ISC (Commerce) Class 11 CISCE Syllabus 2026-27

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CISCE Class 11 Economics Syllabus - Free PDF Download

CISCE Syllabus 2026-27 Class 11: The CISCE Class 11 Economics Syllabus for the examination year 2026-27 has been released by the Council for the Indian School Certificate Examinations, CISCE. The board will hold the final examination at the end of the year following the annual assessment scheme, which has led to the release of the syllabus. The 2026-27 CISCE Class 11 Economics Board Exam will entirely be based on the most recent syllabus. Therefore, students must thoroughly understand the new CISCE syllabus to prepare for their annual exam properly.

The detailed CISCE Class 11 Economics Syllabus for 2026-27 is below.

Academic year:

CISCE Class 11 Economics Revised Syllabus

CISCE Class 11 Economics Course Structure 2026-27 With Marking Scheme

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Syllabus

1 Understanding Economics
  • Branches of Economics  
    • Introduction
    • Types of Economics: Flowchart
    • Important Economist: Ragnar Frisch
    • Real-Life Example
    • Key Point Summary
    • Macroeconomics  
      • Introduction
      • Definition: Macroeconomics
      • Basic Concepts in Macroeconomics
      • Subject Matter of Macroeconomics
      • Scope
      • Features: Flowchart
      • Importance
      • Limitations
      • Real-Life Application
      • Key Point Summary
  • Types of Economic Systems  
    • Capitalism  
      • Introduction
      • Features
      • Types of Capitalism: Flowchart
      • Real-Life Application
      • Key Point Summary
    • Socialism  
      • Introduction
      • Core Principles
      • Types of Socialism: Flowchart
      •  Real-Life Application
      • Key Point Summary
    • Mixed Economy  
      • Introduction
      • Features: Flowchart 
      • Pros and Cons: Flowchart
      • Key Point Summary
  • Micro Economics VS Macro Economics  
    • Difference Between Micro Economics and Macro Economics
    • Real-Life Application
    • Key Point Summary
  • Basic Concepts of Microeconomics > Utility  
    • Introduction
    • Definition: Utility
    • Features
    • Types: Flowchart
    • Real-Life Application
    • Key Point Summary
  • Total Utility and Marginal Utility  
    • Introduction
    • Definition: Marginal Utility
    • Definition: Total Utility
    • Total Utility vs. Marginal Utility 
    • Formula: Total Utility
    • Formula: Marginal Utility
    • Formula: Marginal Utility When More Than One Unit is Added
    • Types of Marginal Utility
    • Real-Life Application
    • Key Points: Total Utility and Marginal Utility
  • Law of Diminishing Marginal Utility  
    • Definitions: Law of Diminishing Marginal Utility
    • Statement of the law
    • Tabular Representation
    • Diagram
    • Explanation
    • Assumptions
    • Importance
    • Exception
    • Key Point Summary
  • Definition of Price  
  • General Rise and Fall in Price  
  • Inflation  
    • Meaning of Inflation
    • Demand-pull Inflation
    • Cost-push Inflation
  • Inflation - Demand Pull and Cost Push  
  • Basic Concept of Value  
  • Value – Real Value Vs Nominal Value  
  • Term of Wealth  
  • Classification of Wealth  
  • Basic Concept of Welfare  
    • economic welfare, social welfare
  • Relation Between Wealth and Welfare  
  • Concept of Money  
    • Introduction
    • Definition: Money
    • Features: Flowchart
    • Real-Life Application
    • Key Point Summary
  • Barter Economy Vs Money Economy  
  • Concept of Market  
    • Introduction
    • Definition: Market
    • Essential Market Conditions
    • Types of definition of market
    • Features of a market
    • Real-Life Application
    • Key Points: Concept of Market
  • Meaning of Capital  
  • Aggregate Demand and Its Components  
    • Investment  
      • Meaning
      • Definition
      • Types of Investment
      • Propensity to Invest
  • Investment as a Process of Capital Formation  
  • Factor of Income  
  • Meaning of Production  
  • Meaning of Consumption  
  • Individual Saving and Aggregate Savings  
  • Central Problems of an Economy  
    • What is produced and in what quantities?
    • How are these goods produced?
    • For whom are these goods produced?
  • Efficient Utilization of Resource  
  • Basic Problem of Scarcity  
  • Developed and Developing of Economies  
  • A Comparison with Nighbours - India and China  
  • Merits and Demerits of Capitalism  
  • Merits and Demerits of Socialism  
  • Merits and Demerits of Mixed Economic System  
  • Mechanisms Used to Solve the Basic Problems Economic System  
  • Basic Concept of Business Cycle  
  • Concept of Aggregate Demand and Aggregate Supply  
  • Concepts of Production Possibility Frontier  
    • Introduction
    • Example
2 Indian Economic Development
3 Statistics
  • Meaning of Statistics for Economics  
  • Scope of Statistics for Economics  
    • Statistics and Economics
    • Statistics and Firms
    • Statistics and Commerce
    • Statistics and Education
    • Statistics and Planning
    • Statistics and Medicine
    • Statistics and Modern applications
  • Importance of Statistics in Economics  
  • Limitations of Statistics  
    • Statistics is not suitable to the study of qualitative phenomenon
    • Statistical laws are not exact
    • Statistics table may be misused:
    • Statistics is only one of the methods of studying a problem
  • Sources of Data - Primary  
    • Personal Observations
    • Interview
    • Questionnaire/Schedule
    • Other Methods
  • Sources of Data - Secondary  
    • Published Sources
    • Unpublished Sources
  • How Basic Data is Collected  
  • Methods of Collecting Data  
  • Some Important Sources of Secondary Data  
    • Census of India
    • National Sample Survey Organisation
  • Organisation of Data  
  • Meaning of Variables  
  • Types of Variables  
  • Types of Frequency  
  • Tabular Presentation and Diagrammatic Presentation of Data - Geometric Form  
    • bar diagrams and
    • pie diagrams
  • Tabular Presentation and Diagrammatic Presentation of Data - Frequency Diagrams  
    • histogram
    • polygon
    • ogive
  • Measures of Central Value - Average  
  • Measures of Central Value- Type of Averages  
  • Measures of Central Tendency for Different Data Types  
    • Introduction
    • Measures
  • Relationship Between Mean, Median and Mode  
  • Measures of Central Value - Nature of the Frequency  
    • symmetrical, positively skewed and negatively skewed
  • Measures of Central Value - Ungrouped and Grouped Data  
  • Measures of Central Value - Numericals only on mean  
  • Measures of Central Value - Median and Mode for Both Ungrouped and Grouped Data  
  • Measures of Dispersion  
  • Measures of Dispersion - Absolute Dispersion  
    • Range
    • Quartile deviation
    • Mean or average deviation
    • Standard deviation
  • Measures of Dispersion - Relative Dispersion  
    • co-efficient of range
    • co-efficient of quartile-deviation
    • co-efficient of mean deviation
    • co-efficient of variation
  • Correlation Meaning  
  • Scatter Diagram of Correlation  
  • Concepts of Statistics  
  • Measures of Correlation - Spearman's Rank Correlation  
  • Index Numbers  
    • Introduction 
    • Origin
    • Terminologies
    • Definition: Index Number
  • Meaning of Simple and Weighted Index Number  
  • Types of Simple and Weighted Index Number  
  • Purpose of Simple and Weighted Index Number  
  • Difference Between Simple and Weighted Index Number  
  • Construction of Index Numbers  
    • Steps Involved  
  • Price Weighted Or Quantity Weighted  
  • Method to Measure - Laspeyer Method  
  • Methods of Constructing Index Numbers > Weighted Index Number  
  • Method to Measure - Fisher's Method  
  • Uses of Index Numbers  
  • Types of Index Number - Wholesale Price Index  
  • Types of Index Number - Consumer Price Index  
  • Types of Index Number - Index of Industrial Production  
  • Mathematical Tools Used in Economics - Equation of a Straight Line  
  • Mathematical Tools Used in Economics - Slope of a Straight  
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