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Old June 6th, 2014, 03:55 PM
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Default Re: Class 12th board Economics Notes

Here I am giving you important notes for economics subject examination for class 12th grade of CBSE board in PDF file attached with it ..

Part A : Statistics for Economics 1. Introduction
2. Collection, Organisation and Presentation of Data
3. Statistical Tools and Interpretation
4. Developing Projects in Economics

Part B:
5. Indian Economic Development Development Policies and Experience (1947-90)
6. Economic Reforms since 1991
7. Current Challenges facing Indian Economy
8. Development experience of India-A
comparison with neighbors

Unit 1: Introduction 5 Periods
What is Economics?
Meaning, scope and importance of statistics in Economics

Unit 2: Collection, Organisation and Presentation of data 25 Periods
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.
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 64 Periods
(For all the numerical problems and solutions, the appropriate economic interpretation may be
attempted. This means, the students need to solve the problems and provide interpretation for
the results derived)
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 (co-efficient of quartile-deviation, co-efficient of mean
deviation, co-efficient 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 price index, consumer price index
and index of industrial production, uses of index numbers; Inflation and index numbers.
Some Mathemetical tools used in Economics : Equation of a line, stope of a line, stope of a curve.

CBSE Class 12th board Economics Notes

Attached Files Available for Download
File Type: pdf CBSE Class 12th board Economics Notes.pdf (1.83 MB, 155 views)
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Old March 17th, 2015, 01:34 AM
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Join Date: Mar 2015
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Explain primary and secondary sources of data collection.
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