Karnataka 2nd PUC Economics Syllabus 2023-24: Check Chapter-Wise Details and Marking Scheme

Sushmita Sundas

Updated on - Dec 8, 2023

The Karnataka 2nd PUC Economics syllabus 2023-24 includes essential topics such as Money and Banking, National Income, National Income Accounting, Production and Cost, and more. Students should score at least 25 marks in theory and 11 marks in practical to clear the PUC Economics paper. Moreover, students must go through the 2nd PUC syllabus 2023-24 to acquaint themselves with the paper pattern and topic-wise mark distribution.

Furthermore, the board will conduct the Karnataka 2nd PUC Economics paper on 22 Mar 2024 in pen and paper mode. The board has also updated and reduced the syllabus for the upcoming board exams.

Table of Contents

Karnataka 2nd PUC Economics 2023-24 Syllabus: Deleted Topics
Karnataka 2nd PUC Economics 2023-24 Syllabus: Course Structure
2nd PUC Economics Syllabus: Chapter-Wise Details
Karnataka 2nd PUC Economics Syllabus 2023-24: Textbook

Karnataka 2nd PUC Economics 2023-24 Syllabus: Deleted Topics

The board has removed the Economics chapter from both Part I and II. The detailed information is provided below for the student's reference.

Karnataka 2nd PUC Economics Deleted Syllabus 2023-24
Chapters	Deleted Topics
Chapter 6: Non Competitive Markets	Full Chapter
Chapter 6: Open Economy Macroeconomics	Box 6.2 Exchange Rate Management— International Experience

Karnataka 2nd PUC Economics 2023-24 Syllabus: Course Structure

The Karnataka 2nd PUC Economics paper is divided into two parts. Part I, which is Microeconomics, carries 6 chapters, and Part II, which is Macroeconomics, has 6 chapters. Refer to the table mentioned below to better understand the 2nd PUC Economics syllabus Karnataka for 2023-24.

Karnataka 2nd PUC Syllabus for Economics 2023-24
Unit	Unit Name
Part I - Microeconomics
1	Introduction
2	Preliminary Notations and Assumptions
3	Production and Cost
4	Theory of the Firm under Perfect Competition
5	Market Equilibrium
6	Non-competitive Markets
Part II - Macroeconomics
1	Introduction
2	National Income Accounting
3	Money and Banking
4	Determination of Income and Employment
5	Government Budget and the Economy
6	Open-Economy Macroeconomics

Read More: Karnataka 2nd PUC Textbook 2024

2nd PUC Economics Syllabus: Chapter-Wise Details

The Karnataka 2nd PUC Economics syllabus 2023-24 is divided into two parts. The detailed Economics syllabus for the upcoming board exams is tabulated below for the student's reference.

2nd PUC Economics Syllabus 2023-24: Part I Microeconomics
2nd PUC Economics Syllabus 2023-24: Part II Microeconomics

2nd PUC Economics Syllabus 2023-24: Part I Microeconomics

The Part I of the Karnataka 2nd PUC Economics syllabus 2023-24 is mentioned below.

Karnataka 2nd PUC Economics Syllabus 2023-24 Part I
Chapters	Topics
Introductory Microeconomics	A Simple economy Central problems of an economy The organisation of economic activities The centrally planned economy The market economy Positive and Normative Economics Micro and Macro Economics Plan of the Books
Preliminary Notations and Assumptions	The Consumer's Budget Budget set Price ratio and the slope of the Budget line and points below the Budget line Changes in the Budget line Preferences of the Consumer Monotonic preferences Substitution between goods Diminishing rate of Substitution Indifference Curve The shape of the Indifference Curve Indifference Map Utility Optimal Choice of the Consumer Demand curve and the Law of Demand Normal and Inferior goods Substitution and Complements Shifts in the Demand curve movements along the Demand Curve and Shifts in the Demand Curve Market Demand Elasticity along a Linear Demand Curve Factors Determining Price Elasticity of Demand for a Good
Production and Costs	TP, AP, and MP The Law of Diminishing Marginal Product And The Law of Variable Proportions Returns To Scale Costs Long-Run Costs
The Theory of the Firm under Perfect Competition	Perfect Competition Revenue Profit Maximisation Supply Curve of a Firm The Shut-down Point The normal Profit and Break-even Point Determinants of a Firm's Supply Curve Technological Progress Input Prices Unit Tax Market Supply Curve
Market Equilibrium	Equilibrium, Excess Demand, Excess Supply Wage Determination in Labour Market Shifts in Demand and Supply Market Equilibrium: Free Entry and Exit
Non-competitive Markets	Simple Monopoly in The Commodity Market Market Demand Curve is the Average Revenue Curve Other Non-perfectly Competitive Markets

2nd PUC Economics Syllabus 2023-24: Part II Macroeconomics

Tabulated below are the 2nd PUC Economics syllabus for 2023-24 which students can refer to.

Karnataka 2nd PUC Economics Syllabus 2023-24 Part II
Chapters	Topics
Introductions	Emergence of Macroeconomics
National Income Accounting	Some Basic Concepts of Macro Economics Circular Flow of Income And Methods of Calculating National Income Income Method Goods and Prices GDP and Welfare
Money and Banking	Functions of Money Demand for Money The Supply of Money
Income Determination	Ex Ante And Ex post Movement Along with a Curve Versus Shift of a Curve The short Run Fixed Price Analysis of the Product Market
Government Budget and the Economy	Components of the Government Budget Fiscal Policy
Open-Economy Macroeconomics	The Balance of Payments The Foreign Exchange Market The Determination of Income in An Open Economy Trade Deficits, Saving and Investments

Karnataka 2nd PUC Economics Syllabus 2023-24: Textbook

Students must refer to the Karnataka 2nd PUC textbook while preparing for the Economics 2nd PUC Syllabus. It will help the students to strengthen their foundational concepts. Moreover, refer to the link mentioned below to download the PUC Economics book for 2023-24.