Maharashtra State Board 12th Standard Board Exam Eco Syllabus - Free PDF Download
Maharashtra State Board Syllabus 2025-26 12th Standard Board Exam: The Maharashtra State Board 12th Standard Board Exam Eco Syllabus for the examination year 2025-26 has been released by the MSBSHSE, Maharashtra State Board. 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 2025-26 Maharashtra State Board 12th Standard Board Exam Eco Board Exam will entirely be based on the most recent syllabus. Therefore, students must thoroughly understand the new Maharashtra State Board syllabus to prepare for their annual exam properly.
The detailed Maharashtra State Board 12th Standard Board Exam Eco Syllabus for 2025-26 is below.
Academic year:
Maharashtra State Board 12th Standard Board Exam Economics Revised Syllabus
Maharashtra State Board 12th Standard Board Exam Economics and their Unit wise marks distribution
Maharashtra State Board 12th Standard Board Exam Economics Course Structure 2025-26 With Marking Scheme
| # | Unit/Topic | Weightage |
|---|---|---|
| I | Micro Economics | |
| I | Introduction to Micro and Macro Economics | |
| 101 | Introduction to Micro Economics | |
| 102 | Consumers Behavior | |
| 103 | Analysis of Demand and Elasticity of Demand | |
| 104 | Analysis of Supply | |
| 105 | Types of Market and Price Determination Under Perfect Competition | |
| 106 | Factors of Production | |
| II | Macro Economics | |
| II | Utility Analysis | |
| 201 | Introduction to Macro Economics | |
| 202 | National Income | |
| 203 | Determinants of Aggregates | |
| 204 | Money | |
| 205 | Commercial Bank | |
| 206 | Central Bank | |
| 207 | Public Economics | |
| CCCI | Demand Analysis | |
| CCCII | Elasticity of Demand | |
| IV | Supply Analysis | |
| V | Forms of Market | |
| VI | Index Numbers | |
| VII | National Income | |
| VIII | Public Finance in India | |
| IX | Money Market and Capital Market in India | |
| X | Foreign Trade of India | |
| Total | - |
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Syllabus
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 1: Micro Economics
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 1: Introduction to Micro and Macro Economics
- Introduction to Micro and Macro Economics
- Micro Economics
- Kenneth Boulding's Definition of Micro Economics
- Scope of Micro Economics
- Features of Micro Economics
- Importance of Micro Economics
- Macro Economics
- Kenneth Boulding's definition of Macro Economics
- Scope of Macro Economics
- Features of Macro Economic
- Importance of Macro Economic
- Micro Economics - Price Theory
101 Introduction to Micro Economics
- Features of Micro Economics
- Analysis of Market Structure
- Importance of Micro Economics
- Micro Economics - Slicing Method
- Use of Marginalism Principle in Micro Economics
- Micro Economics - Price Theory
- Micro Economic - Price Determination
- Micro Economics - Working of a Free Market Economy
- Micro Economics - International Trade and Public Finance
- Basis of Welfare Economics
- Micro Economics - Useful to Government
- Assumption of Micro Economic Analysis
- Meaning of Micro and Macro Economics
102 Consumers Behavior
- Meaning of Utility
- Features of Utility
- Types of Utility
- Total Utility and Marginal Utility
- Diminishing Marginal Utility
- Law of Equi-marginal Utility
- Consumption Function and Propensity to Save
Consumption Function (Propensity to Consume)
- Average propensity to consume (APC)
- Marginal propensity to consume (MPC)
Propensity to Save (Average and Marginal)
103 Analysis of Demand and Elasticity of Demand
- Demand
- Demand
- Demand Curve and the Law of Demand
- Deriving a Demand Curve from Indifference
- Curves and Budget Constraints
- Normal and Inferior Goods
- Substitutes and Complements
- Shifts in the Demand Curve
- Movements along the Demand Curve and Shifts in the Demand Curve
- Types of Demand
- Factors of Demand
- Demand Curve and Its Slope
- Change in Demand
- Elasticity of Demand
- Type of Elasticity of Demand
- Price Elasticity of Demand
- Income Elasticity of Demand
- Cross Elasticity of Demand
- Measurement of Elasticity of Demand
- Geometric Method
- Percentage-change Method
- Point Method
- Total Expenditure Method
- Factors Affecting Price Elasticity of Demand
- Importance of Price Elasticity of Demand
104 Analysis of Supply
- Concept of Supply - Supply Schedule and Supply Curve
- Market Supply
- Supply Curve and Schedule
- Supply Curve and Its Slope
- Supply Schedule
105 Types of Market and Price Determination Under Perfect Competition
- Market
- Forms of Market
- Market Forms - Duopoly
- Characteristics of Duopoly
- Equilibrium Price
106 Factors of Production
- Factors of Production - Land
Land: meaning and characteristics, functions and its importance; factors affecting the productivity of land
- Factors of Production: Labour
- Characteristics of Labour
- Division of Labour
- Merits of division of labour
- Demerits of division of labour
- Factors of Production: Capital
- Forms of capital
- Characteristics of Capital
- Factors of Production - Feature of Capital
- Factors of Production - Organisation
- Meaning of Organisation
- Qualities of Enterpreneure
- Function of Enterpreneure
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 2: Macro Economics
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 2: Utility Analysis
- Utility
- Types of Utility
- Concepts of Utility
- Total Utility (TU)
- Marginal Utility (MU)
- Relationship Between Total Utility and Marginal Utility
- Law of Diminishing Marginal Utility
- Assumptions of Diminishing Marginal Utility
- Exceptions to the Law of Diminishing Marginal Utility
- Criticisms of the Diminishing Marginal Utility
- Significance of the Diminishing Marginal Utility
- Relationship Between Marginal Utility and Price
- Diminishing Marginal Utility
201 Introduction to Macro Economics
- Features of Macro Economic
- Importance of Macro Economic
- Difference Between Mirco Economic and Macro Economic
- Allocation of Resource and Economic Variable
202 National Income
203 Determinants of Aggregates
- Total Demand for Good and Services
- Concept of Aggregate Demand and Aggregate Supply
- Consumption Demand
- Autonomous Consumption Expenditure
- Induced Consumption Expenditure
- Investment Demand
- Government Demand
- Foreign Demand
- Difference Betweeen Export and Import
- Effect of Population of Consumption Expediture
- Types of Investment Expenditure
- Induced
- Autonomous
- Gross
- Net
- Financial
- Real/Physical
- Micro Eco-Equilibrium
204 Money
- Meaning of Money
- Meaning of money
- Kinds of money
- Type of Money
- Functions of Money
- Primary Function
- Medium of exchange
- Measure of value
- Secondary Functions
- Primary Function
- Standard of Deferred Payment
- Standard of Transfer Payment
- Money - Store of Value
- Concept of Barter Exchange
- Difficulties Involved in the Barter Exchange
- Monetary Payments
- Concept of Good Money
205 Commercial Bank
- Commercial Banks
- Meaning of Commercial Banks
- Functions of Commercial Banks
- Primary Functions
- Secondary Functions
- Other Functions
- Mechanism / Technique of Credit Creation by Commercial Banks
- Primary / Passive Deposit and Derived / Active Deposit
- Role of Commercial Banks in the Economic Development of a Country
- Capital Formation
- Creation of Credit
- Channelizing the Funds towards Productive Investment
- Encouraging Right Type of Industries
- Banks Monetize Debt
- Finance to Government
- Employment Generation
- Banks Promote Entrepreneurship
206 Central Bank
- Definition - Central Bank
- Central Bank Function - Banker's Bank
- Central Bank Function - Controller of Credit
- Monetary Function of Central Bank
- Issue of Currency Note
- Custodian of Forex Reserve
- Non Monetary Function of Central Bank
- Method of Credit Control - Quantitative
- Repo Rate and Reverse Repo Rate
- Central Bank Function - Goverment Bank
207 Public Economics
- Introduction of Public Economics
- Features of Public Economics
- Meaning of Government Budget
- Objectives of Government Budget
- Objectives of Government Budget:
- Allocation Function of Government Budget
- Redistribution Function of Government Budget
- Stabilisation Function of Government Budget
- Features of Government Budget
- Public Economics - Budget (1 Year)(1 April to 31 March)
- Types of Budget
- Types of Budget
- Balanced budget
- Surplus budget
- Deficit budget
- Taxable Income
- Budgetary Accounting in India
- Budgetary Accounting - Consolidated , Contingency and Public Fund
- Components of Budget
- Capital Budget
- Expenditure
- Reciept
- Revenue Budget
- Factor Influencing Government Budget
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 3.1: Demand Analysis
- Demand
- Demand Schedule
- Individual Demand Schedule
- Market Demand Schedule
- Demand Curve and Its Slope
- Types of Demand
- Determinants of Demand
- Law of Demand
- Assumptions of Law of Demand
- Exceptions to the Law of Demand
- Variations in Demand
- Change in Demand
- Factors of Demand
- Concept of Aggregate Demand and Aggregate Supply
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 3.2: Elasticity of Demand
- Elasticity of Demand
- Types of Elasticity of Demand
- Price Elasticity of Demand (Ep)
- Income Elasticity of Demand (Ey)
- Cross Elasticity of Demand (Ec)
- Types of Price Elasticity of Demand
- Methods of Measuring Price Elasticity of Demand
- Factors Influencing the Elasticity of Demand
- Importance of Elasticity of Demand
- Importance of Price Elasticity of Demand
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 4: Supply Analysis
- Supply
- Concept of Total Output and Stock
- Concept of Supply - Supply Schedule and Supply Curve
- Determinants of Supply
- Law of Supply
- Assumptions of the Law of Supply
- Exceptions to the Law of Supply
- Variations in Supply
- Changes in Supply
- Concepts of Cost
- Concept of Revenue
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 5: Forms of Market
- Market
- Forms of Market
- Classification of Market
- On the basis of place
- On the basis of Time
- On the Basis of Competition
- Forms of Market Structure
- Perfect Competition
- Price determination under Perfect Competition
- Imperfect Competition
- Monopoly
- Oligopoly
- Monopolistic Competition
- Monopoly
- Types of Monopoly
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 6: Index Numbers
- Index Numbers
- Types of Index Numbers
- Price Index Number
- Quantity Index Number
- Value Index Number
- Special Purpose Index Number
- Significance of Index Numbers in Economics
- Construction of Index Numbers
- Methods of Constructing Index Numbers
- Limitations of Index Numbers
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 7: National Income
- Concept of National Income
- Features of National Income
- Circular Flow of National Income
- Different Concepts of National Income
- Methods of Measurement of National Income
- Output Method/Product Method
- Income Method
- Expenditure Method
- Difficulties in the Measurement of National Income
- Importance of National Income Analysis
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 8: Public Finance in India
- Public Finance
- Structure of Public Finance
- Public Expenditure
- Public Revenue
- Public Debt
- Fiscal Policy
- Financial Administration
- Public Expenditure
- Classification of Public Expenditure
- Reasons for Growth in Public Expenditure
- Public Revenue
- Tax Revenue
- Non-tax Revenue
- Government Budget
- Types of Budget
- Types of Budget
- Balanced budget
- Surplus budget
- Deficit budget
- Importance of Budget
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 9: Money Market and Capital Market in India
- Financial Market
- Money Market in India
- Structure of Money Market in India
- Organized Sector
- Unorganized Sector
- Organized Sector
- Reserve Bank of India (RBI)
- Commercial Banks
- Co-operative Banks
- Development Financial Institutions (DFIs)
- Discount and Finance House of India (DFHI)
- Role of Money Market in India
- Problems of the Indian Money Market
- Reforms Introduced in the Money Market
- Types of Financial Market
- Capital Market
- Structure of Capital Market in India
- Role of Capital Market in India
- Problems of the Capital Market
- Reforms Introduced in the Capital Market
Maharashtra State Board 12th Standard Board Exam Economics Syllabus for Chapter 10: Foreign Trade of India
- Internal Trade
- Foreign Trade of India
- Types of Foreign Trade
- Role of Foreign Trade
- Composition of India’s Foreign Trade
- Direction of India’s Foreign Trade
- Trends in India’s Foreign Trade since 2001
- Concept of Balance of Payments (BOP)
