The Central Board of Secondary Education (CBSE) will conduct the Class 12 Economics board examination on March 18, 2026, from 10:30 am to 1:30 pm at examination centres across the country.With only a few days left, subject expert Rakesh Mishra has advised students to organise their revision according to the official marking scheme and weightage of chapters.“In the last minute preparation, students should study according to the blueprint or marking scheme issued by CBSE and revise chapters based on their weightage,” he said.
Two major sections in the syllabus
The Class 12 Economics syllabus is divided into two parts: Macroeconomics and Indian Economic Development. According to Mr. Rakesh, students should prioritise the units that carry higher chances of appearing in the examination.“Students must first clearly understand that the syllabus has two parts. The first is Macroeconomics and the second is Indian Economic Development. In both sections, some units are more important from the examination point of view,” he said.
Important units in Macroeconomics
Macroeconomics consists of five units. Mr. Rakesh said that three units are particularly important for the board exam. These include:
- National Income Accounting
- Money and Banking
- Government Budget
National Income AccountingHe said students should expect both conceptual and numerical questions from this unit.“One numerical question and one theory-based question can be expected from National Income Accounting, so students should practise the formulas carefully,” he said.Money and BankingKey areas students should revise include:
- Functions of the central bank
- Monetary policy of the central bank
- Credit creation process
“These topics are frequently asked in theory questions and students should understand the concepts clearly,” Mr. Rakesh explained.Government BudgetFor this unit, Mishra advised students to focus on the following areas:
- Components of the government budget
- Budget deficit
- Objectives of government budget
Important units in Indian Economic Development
The second section, Indian Economic Development, also contains five units. Mr. Rakesh said three of them are especially important for the examination.These are:
- Indian Economy from 1950 to 1990
- New Economic Policy or economic reforms
- Basic problems of the Indian economy
Indian Economy from 1950 to 1990Students should revise the policies adopted by the government during this period.“Students should study the policies related to agriculture, industry and trade between 1950 and 1990, along with their advantages and disadvantages,” Mr. Rakesh said.New Economic PolicyKey topics include:
- Need for economic reforms
- Elements of the New Economic Policy
- Advantages and disadvantages of the reforms
“Students should understand why economic reforms were introduced and what changes they brought to the Indian economy,” he said.Basic problems of the Indian economyMr. Rakesh said several topics from this unit are important for theory questions. These include:
- Human capital formation, its sources and challenges
- Challenges in education in India
- Types and causes of unemployment
- Rural credit and its sources
- Agricultural marketing and its challenges
- Sustainable development and its strategies
- Environmental challenges and causes of environmental crisis
Final preparation strategy
Mr. Rakesh advised students to balance theory revision with numerical practice.“Students should prepare theory topics properly and practise writing answers. Numerical questions should be practised regularly and all important formulas must be revised before the exam,” he said.He also suggested that students should revise key definitions, diagrams and short explanations from the NCERT textbooks, as many questions are based on those concepts.With the examination scheduled next week, teachers say that focused revision of key units and consistent practice of numerical questions can help students improve their scores in the Economics paper.
