Download Term 1 CBSE Class 11 Economics Syllabus 2021-22 (PDF). The link to download the CBSE Class 11 Economics Syllabus 2021-22 (Term 1) PDF is given at the end of this article. It is important for the preparation of the upcoming Term 1 CBSE Class 11 Economics Exam in 2021-22.
CBSE Class 11 Economics Exam in 2021-22 (Term 1):
Part A: Statistics for Economics
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
Measures of Central Tendency- Arithmetic mean, median and mode
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; opportunity cost.
Unit 5: Consumer's Equilibrium and Demand
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.
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.
Part C: Project in Economics - Guidelines as given in class XII curriculum (Check PDF)
For complete details, download CBSE Class 11 Economics Syllabus from the following link