Maharashtra Board HSC Class 12 Economics Syllabus 2026-27
Updated for 2026-27: according to board announcements reported in the press, MSBSHSE continues the current SSC and HSC syllabus for 2026-27, with the new syllabus and exam pattern applying from 2027-28. Board exams are provisionally scheduled for February and March 2027; the subject-wise timetable is expected later.
Economics at the HSC level exposes students to the concepts and mechanisms of both microeconomics and macroeconomics. The syllabus develops an understanding of economic theory, concepts, and applications that explain the behaviour of individuals, business firms, and the economy as a whole. This sets the foundation for further studies in economics, business, and social sciences.
Practising past papers is the best way to use this syllabus. Gradehunt’s Maharashtra Board HSC test series gives you chapter-wise and full-syllabus papers with detailed evaluation, so you know where you lose marks before the board exam. Planning a commerce career after Class 12? Many students start with CA: see our CA Foundation test series and the CA course guide for after 12th.
Complete Syllabus with All Chapters and Main Subtopics:
.
| Unit No. | Unit Name | Chapters and Subtopics |
|---|---|---|
1 | Introduction to Economics | - Definition, scope, nature and importance of economics - Basic concepts like wants, goods, utility, scarcity, choice |
2 | Consumer Behaviour and Demand | - Law of demand - Demand schedule - Demand curve - Elasticity of demand - Determinants of demand |
3 | Producer Behaviour and Supply | - Law of supply - Supply schedule - Supply curve - Elasticity of supply - Determinants of supply |
4 | Market Forms | - Peaceful competition - Monopoly - Monopolistic competition - Oligopoly |
5 | National Income | - National income concepts - Measurement of national income - Means of ascertaining national income - GDP, GNP, NDP, NNP |
6 | Money and Banking | - Functions of money - Types of money - Banking system - Commercial banks - Central bank - Credit creation |
7 | Public Finance | - Public sources of revenue - Types of tax - Government expenditure - Budget - Deficits |
8 | Inflation and Unemployment | - Causes and effects of inflation - Types of inflation - Measures to curb inflation - Types and causes of unemployment |
9 | Economic Planning | - Definition - Aims - Significance of economic planning - Categories of plans |
10 | International Trade | - Significance - Balance of trade and payments - Foreign exchange - Foreign trade policies |
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