Tips on How to prepare for Economics class 11

Overview: Scoring 80/80 in the Economics theory paper is achievable if prepared with a balanced approach. For tips on 'How to prepare for Economics class 11?' go through the article to learn tips for enhanced preparation. 

While both CBSE & ICSE boards have theory papers for 80 marks, learning how to prepare for economics class 11 requires you to: 

• Thoroughly read your economics textbook, focusing on key concepts, definitions, and examples.
• Create mind maps to visualize relationships between different concepts.

Download Free Study Material for CBSE Class 11 Economics By SuperGrdas

How to prepare for Economics class 11? 

Before you begin your preparation, be thorough with the Class 11 Economics Syllabus to be aware of important topics.

• To score better in economics, you should thoroughly create concise notes, highlighting important points and diagrams.
• To stay updated, you can read newspapers and magazines like the Financial Times and The Economist to understand the concept of economics.

6 Preparation tips for class 11 Economics

Learn Definitions and Meanings

• Definitions and the logic and reason behind the theory should be understood clearly.
• You can answer relevant questions to score better in economics class 11.
• After understanding the concept, memorize the definitions to write on-point answers to the exam.
• Other economics books must be used only as reference books to understand the concept more clearly.

Distinguish Between Questions

• Distinguishing between questions is very helpful as it highlights the necessary points to focus on while forming the definitions and meanings.
• Remember to mention the basis for differences in tabular form, as this will help you score better in Economics class 11.
• Try to attempt Class 11 Economics Important Questions chapter-wise for better preparation. 

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Practice Graphs, Tables, and Formulas

• While learning how to prepare for Economics class 11, you must focus on supporting your answer with Tabular and Graphic representations along with formulas.
• Practice graphs regularly to draw correct diagrams of various curves, as asked in the questions. Use a sharpened pencil for this purpose, as it helps with neatness. 
• Tables are essential and consist of the calculations and the usage of formulas according to the findings. 
• You don’t need to memorize the formulas; instead, you should understand how each formula is obtained and used.
• Once you understand the formulas, note them as a chapter-wise formula sheet and review them regularly.
• Also, for the class 11 Economics project work, choose a topic relevant to any major chapter so you can memorise some key points while writing it down. 

Focus on Numerical Questions

• Numerical questions are scoring but can be time-consuming. Practice from reference books for 5-6 numerical questions every day. 
• The exam includes questions on chapters such as National income, the Elasticity of Demand and Supply, Revenues and Costs, etc.
• Solve numerical problems in NCERT and refer to expert-recommended economics books for class 11 for reference and additional practice.
• If the numerical is correctly solved using the correct formula, it fetches full marks for the question.
• Aim to understand the logic between numbers in a mathematical problem to make solving it easier.

Make Short Notes

• While you learn how to prepare for Economics class 11, you must prepare chapter-wise notes to make your study easy and improve your economics score.
• Use highlighters, coloured pens, pencils, and sticky notes to highlight important points.
• If you have difficulty understanding the concept, mark your doubts and clarify them with your teacher or subject-matter experts.
• While solving questions, if you get stuck at some particular point, you should mark those points for later revision. This will help you to be more attentive later on in the exam.

Unlock PYPs for CBSE Class 11 Economics by SuperGrads

Revise Regularly

• Assemble all your notes, practice journals, and formula sheets and start revising.
• Proper revision section should be done regularly as it is the key to success in scoring better on the exam.
• Do not forget to revise the concepts you found challenging and learn short tricks to remember them.

Additional Guidelines:  How to prepare for Economics class 11 CBSE & ICSE

• Attempt to complete the previous year's question papers within a time limit. This will help you increase your writing speed and make you more active.
• Solve as many Class 11 Economics Sample Papers as possible to enhance preparation levels. 
• If you struggle to understand any topic, seek guidance or extra help.
• Form a group of students who prefer economics and share doubts and solutions with them. It will help you expand your knowledge and provide more information.
• Use examples to make the concept understandable. It also helps you to present your thoughts.
• Pay attention in class. The visual explanation will help you understand the lesson. If you have any doubts, clear them out then and there.

Key Takeaways

• Create a study schedule to allocate sufficient time for each topic.
• Understand and draw diagrams to visualize economic concepts.
• Take practice tests to assess your preparation and identify areas to improve.
• Don't hesitate to ask your teacher or classmates for clarification if you have doubts.