Class 11 Economics Notes CBSE Notes for Class 11 Economics Economics is one of the most important subjects in the stream of Commerce. This subject seeks for a huge amount of revision. We at LearnCBSE furnish the revision C lass 11 Economics Notes that assists the students to remember vital points. Revision is certainly a significant factor of self-studying. A successful revision is a prime factor to score well and succeed in the studies. Students who neglect revision usually end up scoring low marks.
● Indian Economic Development Class 11 Notes ○ Indian Economy on the Eve of Independence Class 11 Notes ○ Indian Economy 1950 – 1990 Class 11 Notes ○ Liberalization, Privatisation, and Globalisation: An Appraisal Class 11 Notes ○ Poverty Class 11 Notes ○ Rural Development Class 11 Notes ○ Human Capital Formation in India Class 11 Notes ○ Employment: Growth, Informalisation, and Related Issues Class 11 Notes ○ Infrastructure Class 11 Notes ○ Environment Sustainable Development Class 11 Notes ○ Comparative Development Experience of India with its Neighbours Class 11 Notes ● Statistics for Economics Class 11 Notes ○ Introduction
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Collection of Data Organization of Data Presentation of Data Measures of Central Tendency Measures of Dispersion Correlation Index Numbers
Indian Economic Development Class 11 Notes CBSE Notes for Indian Economic Development Class 11 Get answers to your textbook. If you have any problem in finding the correct answers of Indian Economic Development Textbook then you can find here. This page will help in finding those NCERT Solutions of books. Here you find complete chapter detailed questions and answers of Class 11 Economics. The answer to each chapter is provided in the list so that you can easily browse throughout different chapters and select needy one. Please refer Indian Economic Development Class 11 Notes for more information.
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Indian Economic Development Class 11 Notes Chapter 1 Indian Economic Development Class 11 Notes Chapter 2 Indian Economic Development Class 11 Notes Chapter 3 Indian Economic Development Class 11 Notes Chapter 4
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Indian Economic Development Class 11 Notes Chapter 5 Indian Economic Development Class 11 Notes Chapter 6 Indian Economic Development Class 11 Notes Chapter 7 Indian Economic Development Class 11 Notes Chapter 8 Indian Economic Development Class 11 Notes Chapter 9 Indian Economic Development Class 11 Notes Chapter 10
1. Indian Economic Development Class 11 Notes Chapter 1 CBSE Notes for Indian Economic Development Chapter 1 Indian Economy on The Eye of Independence is the first chapter in class 11. The main motto of this chapter is to keep the students aware of the Indian Economy. There are various concepts covered in this chapter – an introduction to the Indian economy, low level of economic development under the colonial rule, agricultural sector, industrial sector, foreign trade, demographic condition, occupational structure, infrastructure. Please refer Indian Economic Development Class 11 Notes Chapter 1 for more information.
2. Indian Economic Development Class 11 Notes Chapter 2 CBSE Notes for Indian Economic Development Chapter 2 Indian Economy 1950 – 1990 is a chapter that teaches the students about the Indian economic condition post-independence on August 15th, 1947. This chapter comprises various topics – introduction, what is a plan?, the goals of five year plans – growth, the service sector, modernisation, self – reliance, equity, agriculture – land reforms, the green revolution, industry and trade – industrial policy resolution 1956 (IPR 1956), trade policy : import substitution, effects of policies on industrial development, conclusion. Please refer Indian Economic Development Class 11 Notes Chapter 2 for more information.
3. Indian Economic Development Class 11 Notes Chapter 3 CBSE Notes for Indian Economic Development Chapter 3 Liberalization, Privatisation, And Globalisation: An Appraisal is a chapter that is crafted to explain the modern economic reforms that took place post-Indian independence. This chapter is incorporated with various concepts – introduction, background, liberalisation – deregulation of industrial sector, financial sector reforms, tax reforms, foreign exchange reforms, trade and investment policy reforms, privatisation, globalisation – outsourcing, world trade organisation (WTO), Indian economy during reforms : an assessment – growth and employment, reforms in agriculture, reforms in industry, disinvestment, reforms and fiscal policies, conclusion. Please refer Indian Economic Development Class 11 Notes Chapter 3 for more information.
4. Indian Economic Development Class 11 Notes Chapter 4 CBSE Notes for Indian Economic Development Chapter 4 Poverty is the chapter outlined to explain to the students about the economic condition post-Indian independence. This chapter comprises of various concepts – introduction, who are the poor? what is poverty? how are the poor identified? categorising poverty, the poverty line, the number of poor in India, what causes poverty? policies and programmes towards poverty alleviation, poverty alleviation programmes – a critical assessment, conclusion. Please refer I ndian Economic Development Class 11 Notes Chapter 4 for more information.
5. Indian Economic Development Class 11 Notes Chapter 5 CBSE Notes for Indian Economic Development Chapter 5 Rural development is the chapter that is closely associated with the 4t chapter, that is poverty. This chapter teaches – what is rural development, credit and marketing in rural
areas – credit, poor women’s bank, rural banking : a critical appraisal, agricultural market system, emerging alternative marketing channels, diversification into productive activities, animal husbandry, fisheries, horticulture, other alternate livelihood options, sustainable development and organic farming, organic food, benefits of organic farming, organically produced cotton, conclusion. Please refer Indian Economic Development Class 11 Notes Chapter 5 for more information.
6. Indian Economic Development Class 11 Notes Chapter 6 CBSE Notes for Indian Economic Development Chapter 6 Human Capital Formation In India is one of the most important chapters to be taken into consideration while revising for class 11 economics. This is a vast concept and comprises of various topics – introduction, what is human capital? sources of human capital, physical and human capital, India as a knowledge economy, human capital and human development, human capital formation in India: great prospects, the education sector in India, future prospects and conclusion. Please refer I ndian Economic Development Class 11 Notes Chapter 6 for more information.
7. Indian Economic Development Class 11 Notes Chapter 7 CBSE Notes for Indian Economic Development Chapter 7 Employment: Growth, Informalisation And Other Issues will help the students to learn the concepts of employment. This is a vast topic and various concepts are covered in this chapter – introduction, workers and employment, participation of people in employment, self-employed and hired workers, regular salaried employees, employment in farms, factories and offices, growth and changing structure of employment, in formalization of Indian workforce, formal sector employment, unemployment, government and employment
generation, conclusion. Please refer Indian Economic Development Class 11 Notes Chapter 7 for more information.
8. Indian Economic Development Class 11 Notes Chapter 8 CBSE Notes for Indian Economic Development Chapter 8 Infrastructure is a chapter that helps the students understand and analyse the prime infrastructural challenges faced in India. This chapter covers the vital concepts – what is infrastructure, relevance of infrastructure, the state of infrastructure in India, energy, non- conventional sources of energy, consumption pattern of commercial energy, power or electricity, some challenges in the power sector, power distribution, health, state of health infrastructure, private sector health infrastructure, health system in India, Indian systems of medicine (ISM), Women’s health, conclusion. Please refer I ndian Economic Development Class 11 Notes Chapter 8 for more information.
9. Indian Economic Development Class 11 Notes Chapter 9 CBSE Notes for Indian Economic Development Chapter 9 Environment And Sustainable Development is a chapter that is outlined to help students understand the concept of environment and its significance. The concepts that are covered in this chapter are – environment : definition and its functions, global warming, ozone depletion, state of India’s environment, Chipko or Appiko, pollution control boards, sustainable development, strategies for sustainable development, LPG, gobar gas in rural areas, CNG in urban areas, wind power, solar power, traditional knowledge and practices, bio composting, bio pest control, conclusion. Please refer Indian Economic Development Class 11 Notes Chapter 9 for more information.
10.Indian Economic Development Class 11 Notes Chapter 10
CBSE Notes for Indian Economic Development Chapter 10 Comparative Development Experiences Of India And Its Neighbours is a chapter that is crafted to assist the students to comprehend the comparative trends in various economic developments. This chapter covers various topics – developmental path: a snapshot view – Pakistan and China, demographic indicators, gross domestic product and sectors, indicators of human development, development strategies: an appraisal, conclusion. Chapter 10: Comparative Development Experiences Of India And Its Neighbours is an important chapter for the students to learn and understand it in depth. Please refer Indian Economic Development Class 11 Notes Chapter 10 for more information.
Statistics for Economics Class 11 Notes CBSE Notes for Statistics for Economics Class 11 Statistics provides an extensive range of concepts and introduction to the subject which includes all the questions provided in the chapter provided in the Statistics syllabus.
Statistics is a section of mathematics that manages the collection, interpretation, analysis, and presentation of numerical data. In other words, Statistics is a collection of quantitative data.
Earlier, it was highly utilized and picked by Emperors for the purpose of collecting data about their monarch states and further data which was necessitated about their nations, their incomes, yield and revenue of the nation, etc. The rationale of statistics is to accord sets of information to be contrasted so that the analysts can focus on sequential
differences and trends. Analysts examine the data in order to reach inferences concerning its meaning. Please refer S tatistics for Economics Class 11 Notes for more information.
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Statistics for Economics Class 11 Notes Chapter 1 Statistics for Economics Class 11 Notes Chapter 2 Statistics for Economics Class 11 Notes Chapter 3 Statistics for Economics Class 11 Notes Chapter 4 Statistics for Economics Class 11 Notes Chapter 5 Statistics for Economics Class 11 Notes Chapter 6 Statistics for Economics Class 11 Notes Chapter 7 Statistics for Economics Class 11 Notes Chapter 8
1. Statistics for Economics Class 11 Notes Chapter 1 CBSE Notes for Statistics for Economics Chapter 1 Economics is a social science which deals with the production, distribution, and consumption of goods and services. It is the study of how individuals, businesses, governments, and countries make choices on allocating resources to motivate their needs and wants and attempt to determine how these categories should gather and correlate attempts to attain maximum output. Economic analysis certainly advances through analytical procedures, like mathematical logic, where the conjectures of different human
activities are envisaged in a “means-ends” structure. Please refer Statistics for Economics Class 11 Notes Chapter 1 for more information.
2. Statistics for Economics Class 11 Notes Chapter 2 CBSE Notes for Statistics for Economics Chapter 2 Data collection is the systematic way of collecting and measuring data from different sources to get a comprehensive and detailed portrayal of an area of interest. Data collection allows a person or company to answer as well as explain pertinent questions, assess results and make forecasts about future possibilities and trends.
Accurate data collection is crucial to maintaining the uprightness of research, making versed business choices and guaranteeing quality assurance. Please refer S tatistics for Economics Class 11 Notes Chapter 2 for more information.
3. Statistics for Economics Class 11 Notes Chapter 3 CBSE Notes for Statistics for Economics Class 11 Chapter 3 CBSE Economics Chapter 3 Organisation of Data class 11 Notes Economics in PDF is available for free download in LearnCBSE mobile app. The best app for CBSE students now provides Organisation of Data class 11 Notes Economics latest chapter wise notes for quick preparation of CBSE exams and school-based annual examinations. Class 11 Economics notes on Chapter 3 Organisation of Data class 11 Notes Economics are also available for download in Learn CBSE website. Please refer Statistics for Economics Class 11 Notes Chapter 3 for more information.
4. Statistics for Economics Class 11 Notes Chapter 4 CBSE Notes for Statistics for Economics Class 11 Chapter 4 Nowadays a lot of emphases is laid upon exceptional presentation of data. All of this is because, when presented diagrammatically, data is easy to interpret with just a glance. In such a case we need to learn how to represent data diagrammatically via bar diagrams, pie charts, etc. Please refer S tatistics for Economics Class 11 Notes Chapter 4 for more information.
5. Statistics for Economics Class 11 Notes Chapter 5 CBSE Notes for Statistics for Economics Chapter 5 In statistics, the first task is to collect data from the field of investigation which is also known as the universe or population. After this process of presenting data in a table or graph or any diagram it analysis starts. We need to analyze the data to draw a conclusion and inferences. Those inferences are then forecasted to use in practice for different purposes. The central values of the data are those values or items of the data, around which all other items tend to gather. Such central values are the representatives of the whole data. Calculation of representative values of data is called the measure of central tendency. Please refer S tatistics for Economics Class 11 Notes Chapter 5 for more information.
6. Statistics for Economics Class 11 Notes Chapter 6 CBSE Notes for Statistics for Economics Class 11 Chapter 6 The central values i.e. mean, median and mode are the representatives of the whole data. While drawing conclusions and inferences to forecast and compare two or more than two data or series. We use central values and say that the observation having higher greater central values are better than the others having comparatively small central values. That is
to say, the larger are the central values, the better is the statistical distribution. But sometimes, the central values may mislead us that is to say our conclusions and forecast may be wrong if we make them just on the basis of central values. Please refer S tatistics for Economics Class 11 Notes Chapter 6 for more information.
7. Statistics for Economics Class 11 Notes Chapter 7 CBSE Notes for Statistics for Economics Class 11 Chapter 7 Correlation refers to the associations between variables. When an association exists between two variables, it means that the average value of one variable changes as there is a change in the value of the other variable. Please refer Statistics for Economics Class 11 Notes Chapter 7 for more information.
8. Statistics for Economics Class 11 Notes Chapter 8 CBSE Notes for Statistics for Economics Class 11 Chapter 8
● Index numbers are economic barometers. Index numbers measure the level of business and economic activities and are therefore helpful in gauging the economic status of the country. An index number is a special type of averages which helps to measure the economic fluctuations on the price level, money market, economic cycle like inflation, deflation, etc. ● Index numbers help in formulating suitable economic policies and planning etc. Many of the economic and business policies are guided by index numbers. For example, while deciding the increase of DA of the employees; the employers have to depend primarily on the cost of living index. If salaries or wages are not increased according to the cost of living it leads to strikes, lockouts, etc. The index numbers provide some guidelines that one can use in making decisions. Please refer
Statistics for Economics Class 11 Notes Chapter 8 for more information. Please refer S tatistics for Economics Class 11 Notes Chapter 8 for more information.