📘 Class 11 Economics – Statistics for Economics – Chapter 1: Introduction to Economics

📘 Class 11 Economics – Chapter 1

Statistics for Economics – Introduction to Economics

Welcome to Study Notes for All!
This chapter introduces students to the basic concepts of Economics, including its definitions by key economists, scarcity, and the difference between economic and non-economic activities. It also explains the scope of economics and why we study it.


📖 Topics Covered in the Notes:

  • Definitions of Economics (Adam Smith, Marshall, Robbins, Samuelson)

  • Concept of Scarcity

  • Economic vs. Non-Economic Activities

  • Subject Matter of Economics (Consumption, Production, Distribution, Exchange, Public Finance)

  • Importance of Statistics in Economics

  • Real-life Examples & Applications

  • Practice Questions: Fill in the Blanks, MCQs, Short Answers, Match the Following


📥 Download Notes (PDF):

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📢 Why These Notes Are Helpful?

✅ Simplified concepts for quick understanding
✅ Covers all NCERT topics with clear examples
✅ Board exam-focused questions and answers
✅ Includes objective and short answer practice
✅ Easy to revise and share with classmates


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