Madhya Pradesh Board Economics Syllabus for Class 11


Madhya Pradesh Board Syllabus for Class 11 Economics

Economics syllabus for class XI of 2008-09 session

Time: 3 hours
Maximum Marks: 100

 

Unit

Topics

Contents

Marks

Suggested Periods

Unit-1

Evolution of Science of Economics

Evolution of Science of Economics :-

 

(i) Indian Economic Thinking (Perspective)

(ii) Western Economic Thinking (Perspective)

(iii) Distinction between Indian and Western Economic Thinking Perspective and

definitions

(iv) Contribution of eminent Indian Economists - Koutilya, Dada Bhai Noroji, M.K.Gandhi, Pt. Jawahar Lal Nehru, Dindayal Upadhyaya, Ram Manohar Lohiya, J.K. Mehta, Dr.V.K. R.V. Rao, C.N. Vakil, Dr. M.G. Bhokare, etc.

8

12

Unit- 2

Consumption and Production

Consumption and Production -

 

(i) Consumption - Meaning, Types and Importance.

 

(ii) Utility - Meaning, Types, Law of Diminishing Marginal Utility, explanation with the help of diagram, Assumptions and Importance. Exceptions and Criticism. Consumer's Equilibrium.

 

(iii) Consumer's Surplus - Meaning, explanation with the help of charts and graphs Importance and Criticism.

 

(iv) Laws of Returns and Returns to Scale (More than one input) - Law of Diminishing Returns, Law of Increasing Returns, Law of Constant Returns explanation with the help of charts and graphs, assumptions-Increasing, Constant and Decreasing Returns to scale, explanation with the help of charts and graphs.

 

(v) Capital Formation and Savings - Meaning, causes of low rate of capital formation and measures to increase it in India. Meaning and sources of Savings causes of low rate of saving and measures to increase it in India.

10

15

Unit-3

Economic Growth and Development

Economic Growth and Development :-

 

(i) Concept of Growth and Development.

 

(ii) Sustainable Development and Quality of Life.

 

(iii) Indicators of Development - Concept ; National and Per Capita Income, Selection of Indicators, Human Development Index and Components of the construction of Index Numbers. Human Development Index in India and Madhya Pradesh.

10

12

Unit-4

Economic Planning

Economic Planning -

(i) Economic Planning in India - Major aims and objectives of Economic Development under different Five -year Plans. (In brief)

 

(ii) Economic Reforms Since 1991 - Introduction,Need and Basic features; Liberalization, Privatization and Globalization-meaning. An appraisal of Liberalization, Privatization and Globalization policies.

10

12

Unit-5

Structural Changes in Indian Economy after Independence

Structural Changes in Indian Economy after Independence -

 

(i) Basic Economic Infrastructure - Introduction.

 

(a) Energy - Types, Sources their Introduction and Present condition ( Coal, Petroleum and Electricity), Non-conventional Energy sources.

 

(b) Transportation - Road, Railways, Air and Water Transport, Concept of Pipe Line Transportation, problems and measures to solve them in Present Scenario.

 

(c) Communication - Postal Services, Telex, Telephone and Satellite.

 

(ii) Basic Social Infrastructure - Education, Health and Housing, Present Status.

12

22

Unit-6

Main Challenges of India

Challenges Facing Indian Economy -

(i) Human Capital Formation - How people become a resource/asset, Role of Human Capital in Economic Development . Growth of Education Sector in India and M.P.

 

(ii) Poverty, Unemployment and Inflation -

 

(a) Poverty -Absolute and Relative. Main Programmes for Poverty alleviation and a critical assessment.

 

(b) Employment and Inflation - Different Employment-Sectors, Self employment, Types of Unemployment. Inflation and other problems and measures to control them.

10

18

Unit-7

Rural Development, Environment and Sustainable Development

Rural Development, Environment and Sustainable Development :-

(i) Rural Development - Credit and Marketing-role of Co-operatives; Agricultural diversification; Alternative Farming, Organic Farming.

 

(ii) Environment and Sustainable Development :-- Use in Economic Development, Limited Availability of Resources, Environmental Degradation, Sustainable Economic Development.

10

14

Unit-8

Current Problems

Current Problems -

(i) Sex - Ratio - Declining Ratio of Females in different States.

 

(ii) Literacy - Male - Female Literacy, Urban and Rural Literacy.

 

(iii) Migration - Meaning, Internal and International Migration.

10

12

Unit-9

Introduction to Statistics

Introduction to Statistics -

 

(i) Statistics - Meaning, scope, functions and importance of statistics in Economics, Limitations.

 

(ii) (a) Collection of Data - Primary and Secondary data, methods of collecting data (census and sampling method).

 

(b) Some Important Sources of Secondary Data - Census of India, National Sample Survey Organization and Reserve Bank of India (To be mentioned).

 

(iii) Tabulation and Classification of Data - Meaning and Importance.

 

(iv) Diagrammatic Presentation of Data - Types, Utility, Rules of diagrammatic presentation, limitations, various types of diagrams- Bar-diagram, Pie-diagram, Frequency Distribution-Frequency Chart, Polygon Frequencies, Cumulative polygon Frequencies and Ogive curve.

12

24

Unit-10

Measurement of Central Tendency

Measures of Central Tendency-

Average-Arithmetic mean, Median and Mode - Definition, Merits and Demerits and Practical Questions and their solutions.

 

8

14

 

Project Work and Questionnaire(Only for information

Project Work (Only for Information ) -

Preparation of Questionnaire for survey - For example; Standard of living, Family Budget, Family Planning, Poverty etc. -Study of the problem and interpretation. Measures of Central Tendency.

 

5

 

Revision

 

 

20

 

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