How to prepare best for the Economics exam?​

By Tiyasha, Karmuki, Honey

Economics is a subject made up of a unique combo of theory and practical (in form of graphs and numerical), which deals with the development and progress of the civilization of one specific country. It also involves human beings being able to resolve differences and complexities of life by using philosophical economic principles. It is quite an interesting subject to understand and read about. 

Giving your sincere attention to studying the graphs and the theory is the most important part while preparing for Economics. This makes it easier for you to recall all the facts, concepts, definitions, and examples during the examination. 

Hence, in our blog, we have covered some of the easy preparation tricks and general tips that you can follow to score more marks during the economics board examination.

Some preparation tips for economics which will make help make your exam easier and more successful: -

Clear Understanding of Chapters –

Understanding each chapter in minute detail will help an economics student to achieve a high score in the examination. This is because CBSE boards are all context-based, so having a clear understanding of every chapter will help a lot.

Clearing Doubts-

Another important aspect is clearing doubts. This is considered an important part because having a doubt helps one understand that they couldn’t get a concept properly. So, clearing of doubts will help one with the clarification of the concepts which in turn will help you to score better in examinations.

Continuous Revision-

Continuous revision is another important aspect because this process helps the students to recall the concepts of the chapters more properly. It has another benefit that is it boosts up confidence and helps reduce nervousness during the examination. 


In economics, there are plenty of differences in chapters.  Knowing the differences between two very similar topics helps you have a better understanding of the topic. This will help you explain yourself better to the examiner and help you score better at questions that specifically ask for differences.

Tables, Graphs, and Formulae-

This is another crucial aspect of economics. There are innumerable formulae, graphs and tables to be remembered. They are detailed as follows:  

i) Formulae

As there are various formulae in economics, it is impossible to remember every single one of them after reading them just once or twice. So, the best way to remember these formulae is by making a chart of the formulae and revising them every day. This will help in the longer run by easily learning them without much hassle. 

ii) Graphs.

Graphs must be learned properly too. All the graphs are based on theories, so, if the concepts of the theories are clear then it will be much more helpful and easier to make the graphs correctly.

iii) Tables.

The tables are also based on theories. The clearer the concept of theories, the easier the tables are to make.  

Notes for Every Chapter-

Making notes for every chapter will help students to learn or revise the chapters more easily.  As every chapter will have notes, this helps students to revise the important aspects of the chapters in a brief glimpse rather than going through the entire material all over again.

Previous Years’ Question Papers-

Practicing previous years’ question papers is a must. This will boost up the confidence more and will help to approach the questions more confidently during the examination. Not only that, but it will also help you understand your level of preparedness better and help you do better in your final exams.

General Tips-

  • Answers written in pointers will attract more marks rather than writing in paragraphs as it makes it easier to read for the examiner.
  • Step-wise markings are awarded so in any numerical question if a student is unable to find the final result, then chances are you will get marks for the steps done in at least some part of the question. Since there is no negative marking, trying a question doesn’t hurt.
  • Try to write quickly. This will save a lot of time and let you revise the paper before handing it in, helping you have a second look at all of the attempted questions and noticing and correcting any mistakes that may be present.
  • Try to attempt every question because in case your guess is somewhere correct then you will probably get some marks for your answer.
  • Try to avoid using several books while revising. Several books will cause you confusion because every writer follows their own pattern so try to follow only a writer (whose writing or patterns will be suitable and compatible with you and your study ways).
  • During the examination, try to attempt those questions first which you are extremely confident about. This helps you save on time and helps you score better as well.
  • At last, revise the answers at least once after finishing the writing.
  • It was advised to take as many practice tests as possible to increase your score, where you can check out site for sample papers, additional question papers, and model question banks.

Economics is all about the distribution, production, and consumption of goods. So, since it is a subject with both qualitative and quantitative aspects, having a combined strategy of practicing, solving, and daily revision of concepts during preparation will tend to build confidence and score better marks at the time of the economics board examination. Certainly, the secret of success is determined by smart work as well as hard work. Give your best, trust your knowledge to do the rest!


Jumbled Sentence- Solve the following jumbled sentences.

  1. Graphs/ Diagram/and/ part /are/a/ economic subject/ of.
  2. Consumer goods, / production/ and distribution/ is/ about all/ Economics.
  3. Years/paper /questions/ in/ need /the/ prepare/ to /is/ Economics,/ there/ previous.

  4. Practical/Theoretical/there/are/in/Economics/both/and/questions.

  5. Privatization/are/ Globalization/included/ Economics/in/Liberalization/ and.

  1. Graphs and diagrams are a part of the Economics subject.

  2. Economics is all about Consumer goods, production, and distribution.
  3. In Economics, there is a need to prepare previous years’ question papers.
  4. There are both practical and theoretical questions in Economics.
  5. Liberalization, Privatization and Globalization are included in Economics.1

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