# Himachal Pradesh Board Economics Syllabus for Class 11

## Himachal Pradesh Board Syllabus for Class 11 Economics

Part A : Statistics For Economics

In this course, the learners are expected to acquire skills in 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 analyze, 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 - Periods 8
What is Economics ?
Meaning, scope and importance of statistics in Economics.

Unit 2 : Collection, Organisation and Presentation of data- 26 Periods

Collection of data-sources of data-primary and secondary; how basic data is collected; 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 diagram (histogram, polygon and ogive) and (iii) Arithmetic line graphs (time series graph).

Unit 3 : Statistical Tools and Interpretation-70 Periods
(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 interpretation for the results derived)

Measures of Central Tendency-mean (simple and weighted, median and mode.

Measures of Dispersion-absolute dispersion (range, quartile deviation, mean deviation and standard deviation); relative dispersion (co-efficient of quartile deviation, co-efficient of mean deviation, co-efficient of variation); Lorenz Curve : Meaning and its application. Correlation-meaning, 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 to industrial production, uses of index numbers; Inflation and index numbers.

Part-B : Indian Economic Development

Unit 4 : Development Policies and Experience (1947-90) : (Periods 18)
A brief introduction of the state of Indian economy on the eve of independence.

Common goals of Five Year Plans.

Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy, etc.) industry (industrial licensing, etc.) and foreign trade.

Unit 5 : Economic Reforms since 1991 : (Periods 14)
Need & main features-liberalization, globalization and privatization; An appraisal of LPG policies.

Unit 6 : Current challenges facing Indian Economy : (Periods 60)
Poverty -absolute and relative ; Main programs for poverty alleviation : A critical assessment; Rural development : Key issues-credit and marketing-role of cooperatives; agricultural diversification; alternative farming-organic farming.

Human Capital Formation : How people become resource ; Role of human capital in economic development, Growth of Education Sector in India.

Employment : Growth, informalisation and other issues : Problems and policies

Infrastructure : Meaning-and Types : Case Studies : Energy and Health : problems and Policies -a critical assessment.

Sustainable Economic Development : Meaning ; Effects of Economic Development on Resources and Environment.

Unit 7 : Development Experience of India :(Periods 12)
A comparison with neighbours

India and Pakistan
India and China
Issues : Growth, Population, Sectoral development and other developmental indicators.

Prescribed Books:

1. Statistics for Economics NCERT Publication
2. Indian Economic Development NCERT Publication

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