CBSE EXAM LATEST UPDATE
The Class 11 exams depend on the schools, as they decide when to conduct the exams. Usually, the Class 11 exams are held a few months before the final board exams. This gives you the opportunity to prepare for the final board exams and also mentally prepare for them. Therefore, it is better to contact your school regarding the Class 11 exams, and also take advantage of the complete information provided here for the final board exam.
Central Board of Secondary Education (CBSE) has announced class 12 Board exams date. This year class 12th board exam will be started from 15 February 2025 and will last upto 04 April 2025, it will take around 49 days to complete the class 12th board exam. The first exam will be held on 15 February 2025 for Entrepreneurship (Including Vocational Students) subject and the last exam will be held on 04 April 2025 for Psychology subject. The practical exams/Internal Assesment/Projects & the board's annual theory examinations are scheduled to start w.e.f 01th January 2025 and 15th February 2025.
OFFICIAL SYLLABUS
Statistics in Economics - Statistics in Economics
| S.NO | CHAPTERS |
| 1 | Introduction |
| 2 | Collection of Data |
| 3 | Organization of data |
| 4 | Presentation of Data |
| 5 | Measures of Central Tendency |
| 6 | Measures of Dispersion |
| 7 | Correlation |
| 8 | Index Numbers |
| 9 | Use of Statistical Tools |
Prescribed Book - Indian Economic Development
| S.NO | CHAPTERS |
| 1 | Development Policies and Experience |
| 2 | Indian Economy (1950–1990) |
| 3 | Liberalization, Privatisation, and Globalisation: An Appraisal |
| 4 | Poverty |
| 5 | Human Capital Formation in India |
| 6 | Rural Development |
| 7 | Employment: Growth, formalisation, and Other Issues |
| 8 | Infrastructure |
| 9 | Environment and Sustainable Development |
| 10 | Comparative Development Experiences of India and Its Neighbours |
Part A: Statistics for Economics
In this course, the learners are expected to acquire skills in the 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
What is Economics?
Meaning, scope, functions and importance of statistics in Economics
Unit 2: Collection, Organisation and Presentation of data
Collection of data- sources of data - primary and secondary; how basic data is collected with concepts of Sampling; methods of colle
...
CBSE EXAM LATEST UPDATE
The Class 11 exams depend on the schools, as they decide when to conduct the exams. Usually, the Class 11 exams are held a few months before the final board exams. This gives you the opportunity to prepare for the final board exams and also mentally prepare for them. Therefore, it is better to contact your school regarding the Class 11 exams, and also take advantage of the complete information provided here for the final board exam.
Central Board of Secondary Education (CBSE) has announced class 12 Board exams date. This year class 12th board exam will be started from 15 February 2025 and will last upto 04 April 2025, it will take around 49 days to complete the class 12th board exam. The first exam will be held on 15 February 2025 for Entrepreneurship (Including Vocational Students) subject and the last exam will be held on 04 April 2025 for Psychology subject. The practical exams/Internal Assesment/Projects & the board's annual theory examinations are scheduled to start w.e.f 01th January 2025 and 15th February 2025.
OFFICIAL SYLLABUS
Statistics in Economics - Statistics in Economics
| S.NO | CHAPTERS |
| 1 | Introduction |
| 2 | Collection of Data |
| 3 | Organization of data |
| 4 | Presentation of Data |
| 5 | Measures of Central Tendency |
| 6 | Measures of Dispersion |
| 7 | Correlation |
| 8 | Index Numbers |
| 9 | Use of Statistical Tools |
Prescribed Book - Indian Economic Development
| S.NO | CHAPTERS |
| 1 | Development Policies and Experience |
| 2 | Indian Economy (1950–1990) |
| 3 | Liberalization, Privatisation, and Globalisation: An Appraisal |
| 4 | Poverty |
| 5 | Human Capital Formation in India |
| 6 | Rural Development |
| 7 | Employment: Growth, formalisation, and Other Issues |
| 8 | Infrastructure |
| 9 | Environment and Sustainable Development |
| 10 | Comparative Development Experiences of India and Its Neighbours |
Part A: Statistics for Economics
In this course, the learners are expected to acquire skills in the 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
What is Economics?
Meaning, scope, functions and importance of statistics in Economics
Unit 2: Collection, Organisation and Presentation of data
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
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 interpretations for the results derived.
Measures of Central Tendency- Arithmetic 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
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 a production possibility frontier and opportunity cost.
Unit 5: Consumer's Equilibrium and Demand
Consumer's equilibrium - Meaning of utility, marginal utility, the 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.
Demand, market demand, determinants of demand, demand schedule, demand curve and its slope, movement along and shifts in the demand curve; price elasticity of demand - factors affecting price elasticity of demand; measurement of price elasticity of demand – percentage-change method.
Unit 6: Producer Behaviour and Supply
Meaning of Production Function – Short-Run and Long-Run Total Product, Average Product and Marginal Product. Returns to a Factor
Cost: Short run costs - total cost, total fixed cost, total variable cost; Average cost; Average fixed cost, average variable cost and marginal cost meaning and their relationships.
Revenue - total, average and marginal revenue - meaning and their relationship. Producer's equilibrium meaning and its conditions in terms of marginal revenue-marginal cost. Supply, market supply, determinants of supply, supply schedule, supply curve and its slope, movements along and shifts in the supply curve, price elasticity of supply; measurement of price elasticity of supply - percentage-change method.
Unit 7: Forms of Market and Price Determination under Perfect Competition with simple applications.
Perfect competition - Features; Determination of market equilibrium and effects of shifts in demand and supply.
Other Market Forms - monopoly, monopolistic competition - their meaning and features.
Simple Applications of Demand and Supply: Price ceiling, price floor.
Part C: Project in Economics.
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For Practical & Projects Circulars: click here
