Essentials of Economics: Textbook for ISC Class XII (2025-26 Session)

This thoroughly revised edition of Essentials of Economics has been prepared exclusively for the ISC course in Economics for Class XII. The book is unique in many respects and as such is a new experiment in the teaching of Economics at this stage. There are two papers in Economics.

While Paper I, based on the new syllabus, carries 80 marks, Paper II, based on Project Work, carries 20 marks. Accordingly, eight project reports have been included as a separate section in the book. 

Salient Features of the Book:

• Discussion presented in a systematic and logical sequence with one step leading to the next.
• Concept Checkers and Points for Quick Revision introduced separately in each chapter to help students understand the subject easily.
• Short sentences and concise paragraphs to give a focused view of the topic being discussed. Analyses carried out as per the standards expected at this level.
• All the concepts and problems well illustrated with real-life examples to help students understandthe subject with ease and to also sustain their interest.
• Brain Teasers to cover important aspects of the subject.
• A large number of Solved Numerical Problems appended.
• Multiple Choice Questions (MCQs), Assertion-Reason Based Questions and Give Reason Type Questions (True/False) pertaining to each Chapter (with Solutions) as per the latest examination pattern.
• Case-based Questions (with Solutions) added to promote competency and situation-based learning.
• An exhaustive list of questions at the end of each chapter to promote revision and comprehension of the subject.
• Questions from Previous Years’ Examinations included in each chapter.
• Ample graphs and diagrams to help simplify the subject matter.
• Solved Practical Exercises to help students understandthe concepts.
• An assortment of Short Answer Questions (with Solutions).
• Past Examination Questions from 2015 to 2023 (with Solutions).
• Solved Specimen Question Paper–2024.
• One Model Test Paper (Solved) and two Self-PracticePapers (Unsolved)