Commerce is a field of study that deals with the exchange of goods and services among individuals and business entities. It is one of the most popular streams of education along with Science and Arts. The field of commerce is vast and offers numerous specializations to choose from. The commerce subject includes studies in areas such as Business Administration, Applied Economics, E-Commerce, Financial Accounting, Banking, Insurance, Accounting, Finance, Actuarial Science, Human Resources, Entrepreneurship, Accounting, Auditing, etc. .
In Class 11 and 12, the following subjects are the main constituents of the CBSE commerce stream: Accountancy, Business Studies, Economics, and English. These subjects provide basic knowledge of the economy, trade and commerce, and accounting. Economics is a very intricate yet important subject among all the subjects in commerce in CBSE class 11 and 12. It gives a complete insight into what an economy is and the essential need for reading it.
Commerce plays a significant role in the development of nations and its citizens by facilitating trade between nations or within the nation. It explores the economic, financial, technological aspects of commerce. A degree in Commerce can lead to a wide range of career options, from being an accountant to the countrys best.
