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ICSE Class 12 Economics — Concept Maps

ICSE Class 12 Economics concept maps, chapter by chapter across 19 chapters. Follows the ICSE / ISC syllabus. Starts with Microeconomics, Elementary.

How Concept Maps Help

  1. See connections — how the topics in a chapter relate to each other.
  2. Quick overview — scan a chapter's structure before re-reading it.
  3. Make your own — redraw a map from memory to test yourself.

Chapter-Wise Concept Maps — 19 Chapters

1

Microeconomics and Macroeconomics: Introduction

4 maps
Overview: Microeconomics vs Macroeconomics — Economics: Microeconomics, Macroeconomics, Interdependence
How to Correctly Classify a Variable as Micro or Macro — Economic Variable to Classify: Is it about a single individual unit?
Complete Chapter Concept Map: Microeconomics and Macroeconomics — Economics: Key Terms, Microeconomics, Macroeconomics, Distinction
Economics under scarcity is divided into microeconomics and macroeconomics — Economics under scarcity is divided into microeconomics and macroeconomics: Scarcity, Resources, Economy, Microeconomics
See the Microeconomics and Macroeconomics: Introduction maps
2

Elementary Theory Of Demand

4 maps
Complete Overview of Elementary Theory of Demand — Elementary Theory of Demand: Meaning of Demand, Determinants, Law of Demand, Changes in Demand
Complete Mind Map: Elementary Theory of Demand — Law of Demand: Meaning of Demand, Determinants, Law of Demand, GIPE Exceptions
Determinants of Demand — Complete Overview — Determinants of Demand: Individual Demand, Market Demand
Demand in economics refers to desire backed by purchasing power, and its relationship with price, income, related goods, tastes, and market conditions — Demand in economics refers to desire backed by purchasing power, and its relationship with price, income, related goods, tastes, and market conditions: Meaning of Demand, Determinants of Individual Demand, Determinants of Market Demand, Law of Demand
See the Elementary Theory Of Demand maps
3

Elasticity of Demand

4 maps
Types and Degrees of Elasticity of Demand — Complete Overview — Elasticity of Demand: Price Elasticity Ed, Income Elasticity Ei, Cross Elasticity Ec
Total Expenditure Method — Correct Decision Rules — Price Changes: Direction of Change in Total Expenditure
Elasticity of Demand - Full Chapter Concept Map — Elasticity of Demand: Price Elasticity, Income Elasticity, Cross Elasticity, Measurement Methods
Elasticity of Demand — Elasticity of Demand: Price Elasticity of Demand, Income Elasticity of Demand, Cross Elasticity of Demand, Applications and Importance
See the Elasticity of Demand maps

16 more chapters below

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Frequently Asked Questions

Where can I find ICSE Class 12 Economics Concept Maps?

This page has concept maps for 19 chapters of ICSE Class 12 Economics for the board exams 2027. Each chapter links to its own page with the full set.

Go through the syllabus first, then work chapter by chapter: learn the ideas, practise questions, and revise with notes and flashcards. Leave time at the end to revise every chapter once more under timed conditions.

Browse Concept Maps by Chapter

19 chapters

1

Microeconomics and Macroeconomics: Introduction

2

Elementary Theory Of Demand

3

Elasticity of Demand

4

Consumer Behaviour Cardinal And Ordinal Utility Analysis

5

Supply And Elasticity Of Supply

6

Concept Of Production And Production Function

7

Concepts Of Cost And Revenue

8

Main Forms Of Market

9

Equilibrium Price

10

Determination Of Income And Employment

11

Problems Of Deficient Demand And Excess Demand

12

Money And Banking

13

Balance Of Payments And Exchange Rate

14

Foreign Exchange Rate

15

Fiscal Policy

16

Government Budget

17

Circular Flow Of Income

18

National Income And Related Aggregates

19

Measurement Of National Income

More Economics Resources

ICSE Class 12

Practice Quiz

Test yourself with quick quizzes

Important Questions

Exam-style questions with answers

Revision Notes

Key concepts and quick revision points

Formula Sheet

The formulas of each chapter in one place

Chapter Summary

Understand each chapter at a glance

Study Plan

Week-by-week preparation schedule

Flashcards

Quick-fire cards for active recall practice

Syllabus

Chapter list and the topics in each

Other ICSE Class 12 Subjects

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