West Bengal Board WBBSE Class 11 Economics Syllabus 2024-25: Download The PDF For Free!

UNIT No.

TOPICS

MARKS

Unit – 1: Microeconomics

1. Microeconomics

Unit 1: Introduction

a. Problems addressed in Economics (both Micro & Macro): Basic Problems: for whom to produce, How to Produce, what to produce; Problems of Economic Growth, Economic Development and Problems of Sustainable Development.

b. How the Problems are addressed: Free Market Economy; Government Intervention; Socialist Economic system; Mixed Economic system; Broad Social Goals: Efficiency, Equity, Freedom of Choice, Economic Growth, Sustainable Development.

c. Indicators

- Indicators of Economic Growth (Only definition)

a. Income, per capita income

b. Savings

c. Investment

i. Physical Capital

ii. Human Capital

d. Development Indicators (Concepts & Definitions)

a. Inequality

b. Poverty

c. Unemployment

d. Gender Inequality

e. Environment

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Unit – 2

Microeconomics

Consumer Behaviour

a. Demand & Supply-Concept of Equilibrium Price-Invisible

Hand –laissez-faire

b. Concept of Elasticity of Demand – Price Elasticity of

Demand; Income Elasticity of Demand; Cross Price

Elasticity of Demand; Elasticity of Supply (Numerical

Problems can be Introduced); Comparative Statistics- Price Ceiling& Price Floor.

c. Basics of Theory of Consumer Behaviour, Cardinal Utility, Ordinal Utility; Budget Constraint, Indifference Curve & Its Properties, Utility Maximization Using Indifference Curve; Derivation of Demand Function.

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Unit – 3 Microeconomics

Producer Behaviour

a. Short Run and Long Run Production Function, Law of Variable Proportions, Returns to Scale, Economies of Scale

b. Basic Concepts of Cost: STC, SAC, SMC, LTC, LAC, LMC,

Implicit Cost, Opportunity Cost

c. Concepts of Revenue and Profit: TR, AR, MR, Profit

8

Unit – 4 Statistics

Introduction to Data

a. Scope of Statistics

b. Introduction to Different Types of Data: Primary vs Secondary, Time Series vs Cross-Section, Qualitative vs Quantitative; Features of a Good Questionnaire

c. Data Sources for the Indian Economy

4

Unit – 5 Statistics

Organization & Representation of Data

a. Classification of Data: Continuous & Discrete Variables

b. Textual Presentation of Data

c. Tabular form Presentation of Data

d. Graphical Representation of Data:-Bar Chart, Histogram, Frequency Curve, Pie Chart, Ogive, Arithmetic Line Graph

8

Unit- 6 Statistics

Measures of Central Tendency

a. Mean: Arithmetic Mean, Geometric Mean

b. Quartile &Median, Percentile (definition only)

c. Mode

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UNIT No.

TOPICS

MARKS

Unit – 1 Microeconomics

Introduction to Concepts of Market Structure

a. Basic Concepts of Forms of Markets: Perfect Competition, Monopoly, Natural Monopoly, Monopolistic Competition, Oligopoly. (Definition & Features)

b. TR, AR &MR under Fixed-Price & Variable Price, Equilibrium Condition under Perfect Competition & Monopoly

c. Financing through Debt & Equity: Basics of Financial Instruments (Stocks & Bonds)(Definitions & Differences)

d. Problems of Externality: Social Cost & Private Cost, Problems of Market Failure, with special reference to Environmental Problems

e. Public Goods & Private Goods

10

Unit – 2 Microeconomics

Basics of International Trade

a. Difference Between Internal Trade & International Trade

b. Concept of Absolute Advantage &Concept of Comparative Advantage

c. Gains from Trade

d. Concepts of Tariff & Quota (Only Definition)

e. Basic Ideas about Trade Liberalization, Bilateral Trade Agreements, and Regional Trade Agreements.

10

Unit – 3 Statistics

Measures of Dispersion

a. Absolute Measures of Dispersion Range, Standard Deviation and Variance

Quartile Deviation

b. Relative Measure of Dispersion: Coefficient of Variation

8

Unit – 4 Statistics

Correlation

a. Concept

b. Scatter Diagram

c. Spearman’s Rank Correlation

d. Pearson’s Correlation Coefficient

8

Unit – 5 Statistics

Index Numbers:

a. Concept & Use

b. CPI & WPI

4