New Subject in CBSE Class 11th Commerce: Applied Mathematics

Applied Mathematics is a new subject introduced by CBSE for Class 11th Commerce students. This subject is an elective subject that is designed to provide students with an understanding of mathematical concepts and their applications in commerce and economics. The subject is introduced to help students develop problem-solving and analytical skills required in various fields of commerce and economics.

Here are some details about the new subject:

Course Structure

The course structure of the Applied Mathematics subject consists of two parts:

Part A: Mathematics for Business and Part B: Mathematics for Economics.

Part A covers topics such as sets, relations and functions, calculus, linear programming, probability and statistics. Part B covers topics such as demand and supply, consumer behaviour, producer behaviour, market equilibrium, national income and balance of payments.

Assessment

The total marks for the Applied Mathematics subject are 100, and the duration of the exam is three hours. The exam is divided into two parts: Part A and Part B. Part A carries 40 marks, and Part B carries 60 marks. The exam is conducted in a pen and paper mode.

Importance

The introduction of Applied Mathematics in Class 11th Commerce is a significant step towards integrating mathematics with commerce and economics. The subject will help students understand the mathematical aspects of business and economics, and apply mathematical concepts in real-life situations. This will help students to develop analytical skills, logical reasoning, and critical thinking abilities.

Conclusion

Applied Mathematics is a new and exciting subject for Class 11th Commerce students. It is designed to provide students with an understanding of mathematical concepts and their applications in commerce and economics. The subject is introduced to help students develop problem-solving and analytical skills required in various fields of commerce and economics. Students can benefit greatly from studying Applied Mathematics as it will help them to excel in fields such as accountancy, finance, economics, and business management.

According to the CBSE circular, the objectives behind introducing Applied Mathematics is “to develop an understanding of basic mathematical and statistical tools and their applications in the field of commerce (business/finance/economics) and social sciences; to model real world experiences/problems into mathematical ...