Class 11 Economics Notes

All 10 chapters

• Chapter 1: Basic Concepts in Economics
  Economics is a social science that studies how people satisfy unlimited wants with limited means. The chapter traces how economists have defined the...
• Chapter 2: Money
  Money was created to remove the difficulties of the barter system. The chapter covers the problems of barter, definitions of money, its evolution...
• Chapter 3: Partition Values
  Partition values divide ordered data into equal parts. They are more useful than the average when the data contains extreme values (outliers) and are...
• Chapter 4: The Economy of Maharashtra
  Maharashtra is one of India's most industrialised and urbanised states. The chapter profiles its features, agriculture, industry and services, and...
• Chapter 5: Rural Development in India
  India lives in its villages, so growth depends on rural development: improving the economic and social life of rural people, especially the poor...
• Chapter 6: Population in India
  Population is a key measure of a country's size and growth. The chapter reviews India's census, growth trends since 1911 and the phases of population...
• Chapter 7: Unemployment in India
  Unemployment, the state of being able and willing to work at the prevailing wage but unable to find a job, is a major challenge for India, especially...
• Chapter 8: Poverty in India
  Poverty is a socio-economic phenomenon that leads to social exclusion. The chapter explains its meaning in the conventional and multi-dimensional...
• Chapter 9: Economic Policy of India since 1991
  A severe economic crisis in 1991 led India to adopt the New Economic Policy, which reduced government controls and opened the economy to private and...
• Chapter 10: Economic Planning in India
  Economic planning is a time-bound programme to achieve objectives using available resources under a planning authority. The chapter covers its...