# Rajasthan Board Economics Syllabus for Class 11

## Rajasthan Board Syllabus for Class 11 Economics

Time : 3.15 Hours

Total marks : 100

 Part A : Statistics for Economics     In this course, the learners are expected to acquire skills in collection, organization 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, and interpret any economic information and draw appropriate inferences. In this process, the learner are also expected to understand the behavior of various economic data Unit 1:Introduction What is Economics ? Meaning, Scope and importance of statistics in Economics Unit 2: Collection, Organization and Presentation of Data Collection of data – sources of data – primary and secondary; how basic data is collected; methods of collecting data; important sources of secondary data; Census of India and National Sample Survey Organization.   Organization of Data : Meaning and types of variable; 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 (For all the numerical problems and solution, 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)Spearmen’s rank correlation.   Introduction to index Number – meaning, types – wholesale price index, consumer price index and index of industrial production, uses of index numbers; Inflation and index numbers. Unit 4 : Developing Projects in Economics The students may be encouraged to develop projects, which have primary data, secondary data or both. Case studies of a few organizations / outlets may also be encouraged Some of the examples of the projects are as follows (they are not mandatory but suggestive): (i) A report on demographic structure of your neighborhood; (ii) Consumer awareness amongst households. (iii) Changing prices of a few vegetables in your market (iv) Study of a cooperative institution; milk cooperatives The idea behind introducing this unit is to enable the students to develop the ways and means by which a project can be developed using the skills learned in the course. This includes all the steps involved in designing a project starting from choosing a title, exploring the information relating to the title, collection of primary and secondary data, analyzing the data. Presentation of the project and using various statistical tools and their interpretation and conclusion Part B : Indian Economic Development Unit 5 : Development Policies and Experience (1947-90) : 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 6 : Economic Reforms since 1991 : Need and main features – liberalization, globalization and privatization; An appraisal of LPG policies Unit 7 : Current challenges facing Indian Economy : Poverty – absolute and relative; Main programmes 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 : Formal and informal, growth and other issues: Problems and plicies   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, including global warming. Unit 8 : Development Experience of India A comparison with neighbors India and Pakistan   India and China   Issues : growth, population, sectoral development and other developmental indicators

Prescribed Books -

1. Statistics for Economics : NCERT's Book Published under Copyright

2. Indian Economic Development : NCERT's Book Published under Copyright

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