Course Overview
This course offers an introduction to the foundational concepts of economics. It is designed to help students understand how economies function at both individual and systemic levels, with a strong emphasis on practical application and data interpretation.
Course Structure
Part A: Statistics for Economics
- Introduction to Statistics
- Collection, Organisation & Presentation of Data
- Measures of Central Tendency (Mean, Median, Mode)
- Measures of Dispersion
- Correlation and Index Numbers
Part B: Introductory Microeconomics
- Central Problems of an Economy
- Consumer’s Behaviour and Demand
- Producer Behaviour and Supply
- Cost and Revenue Analysis
- Market Forms and Price Determination
Part C: Project Work
- Real-life economic surveys, data analysis and interpretation project
ποΈ Class Schedule
- Duration: Academic Year
- Frequency: 3 sessions per week
- Mode: Hybrid (Online and Offline)
Study Materials
- NCERT Textbook for Class 11 Economics
- Custom-designed lecture notes and statistical charts
- Access to recorded lectures and doubt-clearing sessions
Assessments
- Weekly quizzes on concepts and applications
- Monthly tests covering microeconomics and statistics
- Year-end examination following CBSE pattern
Student Journey & Milestones
- Phase 1: Building fundamental concepts in microeconomics and statistics
- Phase 2: Applying statistical tools and analyzing economic data
- Phase 3: Understanding real-life economic behavior and market dynamics
- Phase 4: Laying the groundwork for macroeconomic studies and entrance exam preparation