Class 11 Statistics: Economics: An Introduction
Chapter 1: Economics — An Introduction — learn the meaning and nature of economics, key definitions from major economists, and the classification of economic activities. CBSE Class 11 Statistics notes covering 3 topics: Meaning of Economics, Nature of Economics, and Economic and Non-Economic Activities.
Topics(3)
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Meaning of Economics
Etymology, four major definitions (Smith, Marshall, Robbins, Samuelson). CBSE Class 11 Statistics notes
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2Nature of Economics
Economics as science and art, positive vs normative economics. CBSE Class 11 Statistics notes
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3Economic and Non-Economic Activities
Classification of human activities, three economic activities, factors of production.
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