India · CBSE Learning Outcomes
Class 11 Economics
This course introduces students to the analytical tools of economics and the statistical methods required to interpret real world data. Students explore how individuals make choices under scarcity and how national data informs policy decisions across the Indian economy.
Statistics for Economics: Data and Discovery
An introduction to the collection and organization of economic data to identify patterns and trends in society.
Exploring why quantitative data is essential for understanding economic theories and validating policy claims.
Methods of gathering primary and secondary data including sampling techniques and census methods.
Statistical Tools and Interpretation
Mastering the mathematical techniques used to summarize economic data and measure relationships between variables.
Understanding mean, median, and mode as tools to describe the 'typical' economic agent.
Examining the relationship between variables and calculating price indices like the Consumer Price Index.
Microeconomics: The Logic of Choice
An analysis of how individual consumers and producers make decisions to maximize utility and profit.
Studying how consumers allocate limited income among competing goods and services.
Analyzing production functions, costs, and the factors that influence a firm's willingness to sell.
Market Structures and Price Determination
Exploring how the interaction of buyers and sellers determines prices in various competitive environments.
The theoretical model of a market where no single buyer or seller can influence the price.
Understanding monopolies, monopolistic competition, and oligopolies.
Development Experience of India
A historical and analytical look at the evolution of the Indian economy since independence.
Analysis of Liberalization, Privatization, and Globalization (LPG) policies in India.
Examining the challenges of poverty and the role of education and health in economic growth.
Current Challenges and Global Comparisons
Comparing India's development path with neighbors and addressing modern environmental and infrastructural hurdles.
A comparative study of the growth strategies and outcomes of neighboring Asian economies.
Balancing the need for rapid economic growth with the necessity of environmental conservation.