CBSE Class 11 Economics Syllabus 2021 2022

CBSE Class 11 Economics Syllabus 2021 2022 available in Pdf for free download. The latest syllabus for Class 11 Economics have been issued by CBSE based on which Grade 11 students will have to prepare for examinations by CBSE, NCERT and KVS in Standard 11. The latest CBSE syllabus has been used to design NCERT book for Class 11 Economics based on which exams for Grade 11 Economics will be conducted. Refer to MCQ Questions for Class 11 Economics with answers and also download more latest study material for all subjects

Economics Class 11 CBSE Syllabus

Class 11 Economics students should refer to the following curriculum for NCERT Class 11 Economics. These CBSE NCERT KVS Syllabus for Grade 11 Economics will be very useful for preparing for upcoming exams and help you to score good marks

Economics CBSE Syllabus Class 11

Part A: Statistics for Economics

In this course, the learners are expected to acquire skills in collection, organisation and presentation of quantitative and qualitative information pertaining to various simple economic aspects systematically. It also intends to provide some basic statistical tools to analyse, and interpret any economic information and draw appropriate inferences. In this process, the learners are also expected to understand the behaviour of various economic data.
Unit 1: Introduction 07 Periods
What is Economics?
Meaning, scope, functions and importance of statistics in Economics
Unit 2: Collection, Organisation and Presentation of data 27 Periods
Collection of data - sources of data - primary and secondary; how basic data is collected with concepts of Sampling; methods of collecting data; some important sources of secondary data: Census of India and National Sample Survey Organisation.
Organisation of Data: Meaning and types of variables; Frequency Distribution.
Presentation of Data: Tabular Presentation and Diagrammatic Presentation of Data:
(i) Geometric forms (bar diagrams and pie diagrams),
(ii) Frequency diagrams (histogram, polygon and Ogive) and
(iii) Arithmetic line graphs (time series graph).
Unit 3: Statistical Tools and Interpretation 66 Periods
For all the numerical problems and solutions, the appropriate economic interpretation may be attempted. This means, the students need to solve the problems and provide interpretation for the results derived.
Measures of Central Tendency- Arithmatic mean, median and mode Measures of Dispersion - absolute dispersion (range, quartile deviation, mean deviation and standard deviation); relative dispersion (co-efficient of range, co-efficient of quartile-deviation, co-efficient of mean deviation, co-efficient of variation)
Correlation – meaning and properties, scatter diagram; Measures of correlation - Karl Pearson's method (two variables ungrouped data) Spearman's rank correlation.
Introduction to Index Numbers - meaning, types - wholesale price index, consumer price index and index of industrial production, uses of index numbers; Inflation and index numbers.
Part B: Introductory Microeconomics
Unit 4: Introduction 8 Periods
Meaning of microeconomics and macroeconomics; positive and normative economics What is an economy? Central problems of an economy: what, how and for whom to produce; concepts of production possibility frontier and opportunity cost.
Unit 5: Consumer's Equilibrium and Demand 32 Periods
Consumer's equilibrium - meaning of utility, marginal utility, law of diminishing marginal utility, conditions of consumer's equilibrium using marginal utility analysis.
Indifference curve analysis of consumer's equilibrium-the consumer's budget (budget set and budget line), preferences of the consumer (indifference curve, indifference map) and conditions of consumer's equilibrium.

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