THE INDIAN PUBLIC SCHOOL (CBSE), KARUR

YEAR PLAN, 2024-25

TEACHER : Tomy PC
SUBJECT : ECONOMICS
GRADE : XI COM

MONTH CHAPTER NAME CONTENTS COVERED

JUNE MICROECONOMICS  Meaning of Economics
Ch 1: Introduction to Economics  Central problem of the economy
 Positive and Normative Economics
 Micro and Macro Economics
 Production Possibility Curve
 Opportunity Cost

STATISTICS  Meaning of statistics

 Characteristics
Ch 1: Introduction to Statistics
 Scope
Ch 2: Collection of data
 Functions
 Limitation
 Meaning of Data
 Sources of Data
 Mode of Data Collection
 Census and Sample Surveys
  Sampling
 Secondary Data
 Census of India and NSSO
JULY MICROECONOMICS  Concept of Utility
Ch 2: Consumer’s Equilibrium  Law of Diminishing Marginal Utility.
Ch 3: Demand  Consumer Equilibrium using marginal utility
Ch 4: Price elasticity of Demand  Indifference Curve Theory
 Demand
 Determinants of demand
 Demand schedule
 Demand Curve
 Income and demand relationship
 Shift and movement along demand curve
STATISTICS  Law of Demand
Ch 3: Organisation of data  Meaning of price elasticity of demand
 Types of price elasticity of demand

 Meaning & types Classification of Data

 Variables and series
 Frequency Distribution
 Preparation of a frequency distribution
AUGUST MICROECONOMICS  Measurement – percentage-change method and total
Ch 4: Price elasticity of Demand expenditure method.
Ch 5: Production Function  Production Function
Ch 6: Cost  Types of Product
 Law of Variable Proportion.
 Total cost, Total fixed cost, Total variable cost
 Average cost, Average fixed cost, Average variable cost
 Marginal cost-meaning and their relationships.

STATISTICS  Textual Presentation

 Ch 4: Presentation of data  Tabular Presentation
 Diagrammatic Presentation
 Graphical
SEPTEMBER MICROECONOMICS  Revenue Meaning
Ch 7: Revenue  Total Revenue
 Average Revenue
STATISTICS  Marginal Revenue
Ch 5: Measures of Central Tendency
 Arithmetic Mean
 Median
 Mode
OCTOBER MICROECONOMICS  Meaning of Producer’s Equilibrium
Ch 8: Producer’s Equilibrium  MC and MR approach
Ch 9: Supply  Meaning of Supply
 Determinants of supply
 Supply Schedule
 Supply Curve
 Movement along Supply Curve
 Shift in the Supply Curve
 Law of Supply
 Price elasticity of supply
 Methods of measuring price elasticity of supply

NOVEMBER STATISTICS  Meaning of correlation

Ch 6: Correlation  Types of correlation
 Karl Pearson’s Correalation
 Spearman’s rank Correlation
DECEMBER MICROECONOMICS  Perfect competition features
Ch 10: Forms of market  Market equilibrium
Ch 11: Price Determination
JANUARY MICROECONOMICS  Change in demand and its effect on Equilibrium
 Ch 11: Price Determination Price
 Change in supply and its effect on Equilibrium
Price
 Change in demand and its effect on Equilibrium
Price
 Change in supply and its effect on Equilibrium
Price
FEBRUARY STATISTICS  Meaning of index number
Ch 7: Index Number  Construction of Index number
 Whole sale and consumer price index number
 Uses of index number
MARCH FINAL EXAM