MP Board Class 11th Economics Important Questions with Answers

MP Board Class 11th Economics Important Questions with Answers Guide Pdf Free Download अर्थशास्त्र in both Hindi Medium and English Medium are part of MP Board Class 11th Solutions. Here we have given NCERT Madhya Pradesh Syllabus MP Board Class 11 Economics Book Question Bank Solutions Arthashastra Pdf.

MP Board Class 11th Economics Important Questions with Answers

MP Board Class 11th Economics: Statistics for Economics Important Questions with Answers

• Unit 1 Statistics for Economics Introduction
• Unit 2 Collection, Organisation and Presentation of Data
• Unit 3 Statistical Tools and Interpretation

MP Board Class 11th Economics: Indian Economic Development Important Questions with Answers

• Unit 4 Development Experience (1947-90) and Economic Reforms Since 1991
• Unit 5 Current Challenges Facing Indian Economy
• Unit 6 Development Experience of India: A Comparison with Neighbours

MP Board Class 11th Economics Syllabus and Marking Scheme

Latest Syllabus and Marks Distribution Economics Class XI for the academic year 2019 – 2020 Year Examination.

Economics
Class XI

Time : 3 Hours.
Maximum Marks: 100

Unit Wise Division of Marks

Unit	Title	Marks
Part A: Statistics for Economics
1.
2.	Collection, Organisation and Presentation of Data	13
3.	Statistical Tools and Interpretation	27
Part B: Indian Economic Development
4.	Development Experience (1947 – 90) and Economic Reforms Since 1991	(13 + 12)
5.	Current Challenges Facing the Indian Economy	15
6.	Development Experience of India: A Comparison with Neighbours (OTBA)	10
Part C: Project Work		10
	Total	100

Part A: Statistics for Economics (40 Marks)

Unit 1: Introduction

• What is economics?
• Meaning, scope and importance of statistics in economics.

Unit 2: Collection, Organisation and Presentation of Data

• Collection of Data: Sources of data: primary and secondary, how basic data is collected, methods of collecting data, some important sources of secondary data, census of India and national sample survey organisation.
• The organisation of Data: Meaning and types of variables, 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

• 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 (Coefficient of quartile-deviation, coefficient of mean deviation, coefficient of variation), Lorenz curve: Meaning and its application.
• Correlation: Meaning, scatter diagram, measures of correlation Karl Pearson’s method Two variables ungrouped data) Spearman’s rank correlation.
• Introduction to Index Numbers: Meaning, Types: Wholesale I price index, consumer price index and index of industrial production, uses of index numbers, Inflation and index numbers.

Part B: Indian Economic Development (50 Marks)

Unit 4: Development Experience (1947 – 90) and Economic Reforms Since 1991

• 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.
• Economic Reforms Since 1991
• Need and Main Features: Liberalisation, globalisation and privatisation, an appraisal of LPG policies.

Unit 5: Current Challenges Facing the 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 a resource, the role of human capital in economic development, growth of the education sector in India
• Employment: Formal and informal, growth and other issues: Problems and policies.
• Inflation: Problems and policies
• 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 6: Development Experience of India: A Comparison with Neighbours

• India and Pakistan, India and China.
• Issues: Growth, population, sectoral development and other developmental indicators.

Part C: Project Work (10 Marks)