Statistics Chapter With Topic
Statistics Chapter With Topic
Ch 1 Meaning wealth welfare scarcity growth oriented definition , nature ,economic and non economic
activities
Ch2 two senses characteristics scope, functions and importance limitation of statistics in Economics
Ch 4 Organisation of Data:
4.1 Introduction
4.5 Frequency
Ch 5 tabular presentation
5.1 Introduction
Microeconomics
Chap ter 1 introductioon scarcity economic problem Meaning of economics microeconomics and
macroeconomics; positive and normative economics What is an economy? Central problems of an
economy: what, how and for whom to produce; concepts of Production Possibility Frontier and
Opportunity Cost.
Ch2 Consumer's equilibrium - meaning of Utility, Marginal Utility, Law of Diminishing Marginal Utility,
conditions of consumer's equilibrium using marginal utility analysis. Indifference curve analysis of
consumer's equilibrium-the consumer's budget (budget set and budget line), preferences of the
consumer (indifference curve, indifference map) and conditions of consumer's equilibrium. Cardinal
utility approach consumer equilibrium ordinal utility approach
Ch3 Demand, market demand, determinants of demand, demand schedule, demand curve and its
slope, movement along and shifts in the demand curve; demand function law of demand goods
substitiue complimentary inferior normal
Ch 4 price elasticity of demand - factors affecting price elasticity of demand; measurement of price
elasticity of demand – percentage-change method and total expenditure method. Degree of elasticities f
demand relationship between price elasticity of demand and total expenditure
Ch5 Meaning of Production Function – Short-Run and Long-Run variable factor and fixed factor
conceptof prodeuct Total Product, Average Product and Marginal Product. Returns to a Factor law of
diminishing return relationship of tp mp ap mp
Paper pattern
3 marks 4 Questions
4 marks 6 Questions
6 marks 4 Questions
Economics Syllabus and chapter wise weightage for the half yearly exams 2024-25
🔵 MICROECONOMICS
Ch 1 : 4 marks introduction
Ch 3 : 9 marks demand
🟣 STATISTICS