Notes of CBSE Economics Class 11 - Free PDF Download
FAQs on Economics Revision Notes for Class 11
Q1. What is the advantage of referring to the CBSE Class 11 Economics revision notes on Vedantu?
Referring to the revision notes of class 11 will help you to score good marks in your exams as they are created by the subject-matter experts. Class 11 CBSE Economics notes are easy to understand and clear your concepts thoroughly. Revision notes are a quick tool for the final exam preparation because it will help the class 11 students to revise the topics quickly before the exam.
Q2. What are the crucial chapters in the Class 11 Indian Economic Development/ Economics NCERT textbook?
There are a total of 10 chapters in Class 11 Indian Economic Development/ Economics NCERT textbook. Here is the list of some crucial chapters of NCERT Class 11 Economics textbook.
Chapter 2 - Indian Economy 1950-1990
Chapter 3 - Liberalisation, Privatisation and Globalisation— An Appraisal
Chapter 5 - Human Capital Formation in India
Chapter 6 - Rural Development
Chapter 7 - Employment Growth – Informalisation & Other Issues
Chapter 10 - Comparative Development Experiences of India and Neighbors
Q3. How many books of Economics are there in Class 11 NCERT?
There are two books in CBSE Class 11 Economics. These books are Indian Economic Development and Statistics for Economics. Indian Economic Development deals with the economic history of India (how policies were formed and how economic goals were achieved), how the Indian economy deals with various economic problems, and how various sectors in India use the economic resources. In Statistics for Economics, students will learn about different statistical tools that are used for handling and presenting data for its interpretation.
Q4. What is Economics all about in Class 11?
CBSE Class 11 Economics deals with two important aspects. One, it deals with the Indian economy, the trajectory of the Indian economy since its independence and how various plans and policies like the Five Year Plans, Economic Reforms of 1991 etc. and how they helped in shaping India. It also highlights how resources are utilized by various sectors in the country and how the resources are distributed. Second, it deals with statistics in economics, which is extremely crucial for data collection and representation. To get a detailed insight into this chapter, you can visit Vedantu app or website.
Q5. Which is the best book for Class 11 Economics?
The best books for CBSE Class 11 Economics are the NCERT Books as the whole syllabus including the exam paper is based on the NCERT books. The two books that you should use for your studies are Indian Economic Development and Statistics for Economics. Apart from this, once you have completed your NCERT books, you can use Vedantu’s CBSE Class 11 Economics notes for revising all that you have studied. With Vedantu’s economics notes available free of cost, you’ll have the most effective revision!
Q6. Is Class 11 Economics difficult?
CBSE Class 11 Economics may seem vast and exhausting but if you have the right resources at your disposal and the will to work hard, then you can complete the full syllabus smoothly. You should refer to Vedantu’s CBSE Class 11 Economics Notes which consist of a precise yet comprehensive summary of all chapters. Each and every topic is covered including the definitions, diagrams, and examples. In statistics, all the questions have been worked out step by step for students.
Q7. Why are Statistics important to study?
Statistics is an essential part of economics because with Statistics people are able to organize, present, and summarize the collected data. The collected data is presented in graphical, tabular or diagrammatic forms. The presented data is summarized with the help of statistical tools like variance, mean, standard deviation etc. It is only when the data is arranged and summarized, it is eligible for interpretation and analysis. The interpreted data and the analysis of it are then used in forming policies.