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Economics

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NIOS 11

The NIOS Class 11 Economics course provides an introduction to the fundamental principles of economics. It aims to develop an understanding of economic concepts and theories and their practical applications in the real world

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Runali Deb Roy

Last Update : 16 May 2023

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Master the Concepts of Economics in CBSE Class 11

The NIOS Class 11 Economics course is designed to introduce students to the fundamentals of economics and their applications in real life. The course aims to help students develop an understanding of economic concepts and theories and their role in shaping the world economy.

The course covers topics such as microeconomics, macroeconomics, international trade, economic development, and Indian economic development. The course is designed to help students develop critical thinking skills and analyze economic situations, trends, and policies.

Overall, the course is structured to provide students with a comprehensive understanding of economics and its role in society. The following is a detailed course overview for NIOS Class 11 Economics:

Comprehensive Study Materials and Expert Guidance for CBSE 11th Economics

  • Introduction to Economics
  • Microeconomics
  • Macroeconomics
  • Money and Banking
  • Public Finance
  • International Economics
  • Indian Economic Development

Course Content

10 Lessons 45m

NIOS Class 11 Economics

The NIOS Class 11 Economics course is designed to provide students with a comprehensive understanding of basic economic concepts and principles. Here are the course details:

The objective of this course is to help students understand the fundamental concepts and principles of economics and their application in real-life situations.

Course Content: The course content is divided into four modules, each covering different topics in economics. The modules are:

  1. Introduction to Economics: This module provides an introduction to the subject of economics and its importance in modern society. It covers topics such as basic economic concepts, types of economies, and the role of the government in the economy.

  2. Microeconomics: This module covers the study of individual economic units such as households, firms, and markets. It covers topics such as demand and supply, market equilibrium, consumer behavior, and production and cost.

  3. Macroeconomics: This module covers the study of the economy as a whole, including topics such as national income, inflation, unemployment, and monetary and fiscal policy.

  4. Indian Economic Development: This module covers the study of the Indian economy, including its historical development, economic planning, poverty, and rural development.

Assessment: The assessment of the course is based on two components:

  1. Theory: There will be one theory paper of 70 marks that will be conducted at the end of the course.

Internal Assessment: Internal assessment will be of 30 marks which will be given on the basis of assignments, practical work, and project work.

Course Description

NIOS class 11 Economics course aims to develop an understanding of the basic concepts and principles of economics, and to provide an insight into the economic issues that affect individuals, businesses, and societies. The course provides comprehensive coverage of micro and macroeconomics, including topics such as demand and supply, consumer behavior, production and cost, market structures, national income, inflation, fiscal and monetary policy, and international trade.

The course is designed to develop analytical and critical thinking skills in students and to enable them to apply economic principles to real-world situations. Students will be exposed to a range of case studies, examples, and exercises that will help them develop a deeper understanding of economic concepts and their applications.

Overall, the course is designed to provide students with a solid foundation in economics, which will be useful for further studies in economics and related fields, as well as for careers in government, business, finance, and other sectors.

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Rs. 6999.00
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  • Duration 12 Months
  • Level Beginner
  • Lectures 12 Lectures
  • Language English
  • Enrolled 100+ Enrolled
  • Recorded Video 45
  • Notes 30
  • MCQs 200
  • PPTs 30
  • Live Test Series 38
  • E-Book 30
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Benefits of Studying Economics

Studying economics in NIOS Class 11 offers several benefits to students. Here are a few:

  1. Understanding of the Economy: Studying economics helps students understand the functioning of the economy, which includes the production, distribution, and consumption of goods and services.

  2. Problem Solving: Economics teaches students to analyze problems and come up with effective solutions. It helps them develop critical thinking skills, which are valuable in various fields.

  3. Career Opportunities: Economics graduates are in demand in various industries, including finance, consulting, government, and education. The subject opens up several career opportunities, both in India and abroad.

  4. Personal Finance: Economics teaches students about personal finance, including budgeting, investing, and managing debt. This knowledge helps them make informed decisions about their finances.

  5. Policy-making: Students who pursue economics can work in government or think tanks to formulate and analyze economic policies, both at the national and international levels.

Overall, studying economics in NIOS Class 11 helps students understand the complex economic issues that affect their lives and the world around them.

Benefits of Studying Economics

Course Structure

1
Introduction to Economics
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  1. Meaning, Nature, and Scope of Economics
  2. Basic Concepts of Economics
  3. Types of Economies

2
Consumer Behaviour and Demand
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  1. Consumer Behaviour
  2. Demand
  3. Elasticity of Demand

3
Producer Behaviour and Supply
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  1. Production
  2. Cost of Production
  3. Producer Behaviour
  4. Supply
  5. Elasticity of Supply

4
Forms of Market and Price Determination
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  1. Market and its Types
  2. Price Determination under Different Markets

5
Indian Economy
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  1. Indian Economy on the Eve of Independence
  2. Planning and Economic Development in India
  3. Economic Reforms Since 1991
  4. Poverty, Unemployment, and Human Development in India

6
Economic Statistics
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  1. Basic Statistical Tools in Economics
  2. Measures of Central Tendency and Dispersion
  3. Correlation
  4. Index Numbers

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