Class 11 Economics: Class 11 is an exciting time for students as they are exposed to various subjects and concepts. One of the most important and interesting subjects to explore is economics. Economics is a vast field that encompasses various aspects of our lives and provides us with valuable insights into how the world works.
In this blog, we will discuss the basics of class 11 economics, what topics are covered, and marks distribution. So, let’s get started!
Class 11 Economics
Class 11 Economics covers essential topics like the Indian economy, human capital, rural development, and poverty. To grasp these concepts better, check out each chapter. They'll help you understand the basics and improve your exam scores in Commerce Class 11. In Class 11 Economics, you'll learn about demand, supply, market mechanisms, and banking systems. These are crucial for understanding both micro and macroeconomics. Microeconomics focuses on how prices for goods and services are determined by resource allocation and human decisions. Macroeconomics looks at the bigger picture, considering factors like growth rate, domestic production, and inflation.
Class 11 Economics Topics
Class 11 Economics covers a wide range of topics, such as microeconomics, macroeconomics, international economics, and public finance. Check the table below for important topics:
| Class 11 Economics Topics |
| Unit |
Chapter |
Main Topics |
| I |
Indian Economy on the Eve of Independence |
- Low Level of Economic Development Under Colonial Rule
- Agricultural Sector
- Industrial Sector
- Foreign Trade
- Demographic Condition
- Occupational Structure
- Infrastructure
|
| Rural Development |
- What is Rural Development?
- Credit And Marketing in Rural Areas
- Agricultural Market System
- Diversification Into Productive Activities
- Sustainable Development And Organic Farming
|
| Indian Economy 1950-1990 |
- Goals of Five Year Plans
- Agriculture
- Industry And Trade
- Trade Policy: Import Substitution
|
| Employment: Growth, Informalisation, And Other Issues |
- Workers And Employment
- Participation of People in Employment
- Self-Employed And Hired Workers
- Employment in Firms, Factories, And Offices
- Growth And Changing Structure of Employment
- Informalisation of Indian Workforce
- Unemployment
- Government And Employment Generation
|
| II |
Economic Reforms Since 1991 |
- Background
- Liberalisation
- Privatisation
- Globalisation
- Indian Economy During Reforms: An Assessment
|
| Infrastructure |
- What is Infrastructure?
- Relevance of Infrastructure
- The State of Infrastructure In India
- Energy
- Health
|
| III |
Current Challenges Facing The Indian Economy |
- Who Are the Poor?
- How Are Poor People Identified?
- The Number of Poor in India
- What Causes Poverty?
- Policies And Programmes Towards Poverty Alleviation
- Poverty Alleviation Programmes
- A Critical Assessment
|
| Environment And Sustainable Development |
- Environment — Definition And Functions
- State of India’s Environment
- Sustainable Development
- Strategies for Sustainable Development
|
| Human Capital Formation in India |
- What is Human Capital?
- Sources of Human Capital
- Human Capital And Human Development
- State of Human Capital Formation in India
- Education Sector in India
- Future Prospects
|
| IV |
Development Experiences of India: A Comparison With Neighbours |
- Developmental Path - A Snapshot View
- Demographic Indicators
- Gross Domestic Product And Sectors
- Indicators of Human Development
- Development Strategies - An Appraisal
|
Class 11 Economics Marks Distribution
The marks distribution of Class 11 Economics Syllabus is given in the table below:
| Class 11 Economics Marks Distribution |
| Units |
Chapters |
Marks Allocated |
| Part 1 |
Statistics for Economics |
40 |
| Part 2 |
Indian economic development |
40 |
| Part 3 |
Project |
20 |
| |
Total |
100 |
Best Economics Books for Class 11
There are many different economics books available for Class 11. Some of the best books include:
- “Economics for Class 11” by Prasanna Chandra: This book is a comprehensive guide to the basics of economics, covering topics such as microeconomics, macroeconomics, international economics, and public finance. It is ideal for students who are just starting out in economics.
- “The Economics Class 11 Textbook” by NCERT: This book covers the basics of economics and provides students with an in-depth look into the different topics covered in the course. It is an invaluable resource for students who are looking to get a better understanding of economics.
- “Economics Class 11” by S S Bhalla: This book provides students with an in-depth look into the different topics covered in the course. It is an invaluable resource for students who are looking for an in-depth understanding of economics.
Book By PW: CBSE Class 11 Combo Set of 6 Books
Tips for Studying Class 11 Economics
To score well in Class 11 Economics, students should adopt the following strategies:
Start with the NCERT Textbook
The NCERT book is the most important resource, as it covers the entire syllabus in detail. Make sure to read it thoroughly and understand the concepts.
Make Notes
Taking notes while reading will help you retain important concepts and formulas, making it easier to revise later.
Stay Consistent
Economics requires a consistent approach. Study regularly and avoid last-minute cramming. Divide the syllabus into manageable sections and stick to a study schedule.
Practice Graphs and Diagrams
Economics often involves graphs, such as demand and supply curves, the production possibility frontier, etc. Practice drawing these to improve accuracy and presentation.
Revise Regularly
Regular revision will help reinforce what you’ve learned and prepare you for exams.
Clarify Doubts
Don't hesitate to ask questions in class or seek help from teachers, peers, or online platforms when you find difficult topics.
Use Online Resources
Leverage online study platforms, YouTube channels, and forums that provide free explanations and tips for Class 11 Economics. Class 11 Economics is a crucial subject that lays the foundation for your understanding of economic principles, and the knowledge gained will be beneficial for competitive exams as well. By following a structured approach to studying the syllabus and practicing regularly, you can excel in this subject.
