Class 11 - Economics (2023-24)

Demo Videos : for Class 11 - Economics (2023-24)

Part A: Micro Economics

• Class 11th 1 Lectures 10 min
  • Class 11th Economics 10 min
• Chapter 1: Economics and Economy 2 Lectures 1 hrs 18 min
  • 01: Meaning of Economics, Define Economic Activities and Non-Economic Activities, Define Micro Economics and Macro Economics, Difference Between Micro and Macro Economics 35 min
  • 02: Detailed Explained – What is Economics Problem, Define Positive and Normative Economics, Difference between Positive and Normative Economics, 43 min
• Chapter 2: Central Problems of an Economy 3 Lectures 1 hrs 59 min
  • 01: Define Solution of Central Problems in Different Economies, Meaning of Mixed Economy, Difference Between Centrally Planned Economic and Market Economic 35 min
  • 02: Meaning of Production Possibility Curve, Characteristics of PPC, Assumptions of PPC Curve, Define Slope of PPC 43 min
  • 03: Define Opportunity Cost, Meaning of Marginal Opportunity Cost, Define Marginal Rate of Transformation, Solved Practical Questions 41 min
• Chapter 3: Consumer’s Equilibrium - Utility Analysis 4 Lectures 2 hrs 44 min
  • 01: : Basic Concept, Meaning of Utility, Measurement of Utility, Total Utility, Marginal utility, Consumer Equilibrium in Case of Single Commodity 39 min
  • 02: Relation between TU and MU, Consumer Equilibrium in Case of two or More Commodity, Solved Practical Questions 45 min
  • 03: Indifference Curve, Indifference Schedule, Indifference MAP, Budget Line, Properties of Indifference Curve, Characteristics of Indifference Curve, Solved Practical Questions 41 min
  • 04: Define Law of Diminishing Marginal Utility, Shifting of Budget Line, Proportionate Change in Price of Good, Conditions For Consumer Equilibrium, Solved Practical Questions 39 min
• Chapter 4: Consumer’s Equilibrium - Indifference Curve Analysis 3 Lectures 2 hrs
  • 01: Basic Concept, Introduction, Cardinal utility Approach, Concept of Utility, Law of Diminishing Marginal Utility, Consumers Equilibrium Preview37 min
  • 02: Revise Concept, Ordinal Utility Approach (Indifference curve analysis), Budget Line , Consumers, Solved Practical 43 min
  • 03: Revise Concept, Equilibrium by Indifference curve analysis, Solved Practical 40 min
• Chapter 5: Theory of Demand 6 Lectures 4 hrs 23 min
  • 01: Basic Concept, Demand, Essential Elements, Factor Affecting of Demand, Determinants of Individual Demand, Determinants of Market Demand 39 min
  • 02: Individual Demand Function, Market Demand Function, Demand Schedule, Demand Curve, Types of Demand Curve, Individual Demand Curve, Law of Demand, Solved Practical 45 min
  • 03: Reasons of Law of Demand, Exception to the Law of Demand, Movement Along the Demand Curve, Shift in Demand curve, Solved Practical 41 min
  • 04: Downward Movement, Upward Movement, Expansion in Demand, Contraction in Demand, Shift in Demand Curve, Reason for Shift in Demand Curve, Change in Demand, Solved Practical 38 min
  • 05: Movement Along the Demand Curve Vs Shift in Demand curve, Change in Quantity Demanded Vs Change in Demanded, Solved Practical 42 min
  • 06: Expansion in Demand Vs Increase in Demand, Contraction in Demand Vs Decrease in Demand, Substitute Goods, Complementary Goods, Normal Goods, Inferior Goods, Solved Practical 58 min
• Chapter 6: Price Elasticity of Demand 7 Lectures 5 hrs
  • 01: Meaning of Elasticity of Demand, Formula, Price Elasticity of Demand, Income Elasticity of Demand, Cross Elasticity of Demand, Degrees of Elasticity of Demand Preview42 min
  • 02: Perfectly Inelastic, Inelastic Demand, Unitary Elastic Demand, Perfectly Elastic Demand, Solved Practical 45 min
  • 03: Factors Affecting Price Elasticity of Demand, Degrees of Elasticity of Demand, Measurement of Price Elasticity of Demand, Solved Practical 47 min
  • 04: Geometrical Method, Linear Demand Curve, Percentage Method for Measuring Price Elasticity of Demand, Computation of Elasticity of Demand, Solved Practical 38 min
  • 05: Difference Between Law of Demand and Elasticity of Demand, Importance of Elasticity of Demand, Solved Practical 45 min
  • 06: Numerical solve by - Percentage Method, Total Expenditure Method, Solved Practical 48 min
  • 07: Numerical - Percentage Method, Total Expenditure Method, Solved Practical 35 min
• Chapter 7: Production Function and Returns to a Factor 4 Lectures 2 hrs 47 min
  • 01: Meaning of Production, Production Function, Factor Payments, Fixed Factor, Variable Factor, Time Period, Short Run, Long Run 43 min
  • 02: Production Function, Low Of Variable Proportion, Difference Between Short Run and Long Run, Relationship between TP and MP, Solved Practical 45 min
  • 03: Difference Between Fixed Factor and Variable Factor, Returns to a Factor: Law of Variable Proportions, Reason for Increasing Return to Factor, Solved Practical 41 min
  • 04: Reason for Negative Returns to Factor, Total Product, Average Product, Marginal Product, Numerical Questions, Solved Practical 38 min
• Chapter 8: Concepts of Cost 4 Lectures 2 hrs 54 min
  • 01: Meaning of Cost, Cost Function, Explicit Cost, Implicit cost, Production Cost, Selling Cost, Opportunity Cost, Real cost, Private Cost, Social Cost 45 min
  • 02: Fixed cost, Variable Cost, Total Cost, Average Cost, Marginal Cost, Fixed Cost, Relationship Between TC, TVC,TFC, Solved Practical 40 min
  • 03: Relationship between Short Run Cost Curves and Long Run Cost Curves, Formulas, Solved Practical 41 min
  • 04: Quick Revision, Relationship Between AC and MC, Relationship Between AVC and AFC, Numerical, Solved Practical 48 min
• Chapter 9: Concepts of Revenue 3 Lectures 1 hrs 59 min
  • 01: Meaning of Revenue, Total Revenue, Average Revenue, Marginal Revenue, Relationship Between TR, AR and MR, AR and MR Curves in Different Market Forms 39 min
  • 02: Perfect Competition, Monopoly, Monopolistic Competition, Solved Practical 45 min
  • 03: Solved Numerical Questions, Solved Practical 35 min
• Chapter 10: Producer’s Equilibrium 3 Lectures 2 hrs 5 min
  • 01: Meaning of Producer’s Equilibrium, TC and TR Approach, MC and MR Approach, Solved Practical, Producer Equilibrium in Perfect Competition, Short Run Equilibrium, Super Normal Profit, Normal Profit, Minimum Loss, Shutdown Point, 42 min
  • 02: Long Run Equilibrium, Producer Equilibrium in Monopoly and Monopolistic Competition, Solved Practical 45 min
  • 03: Revenue Marginal Cost Approach, MR-MC Approach, Solved Practical 38 min
• Chapter 11: Theory of Supply (Including Elasticity of Supply) 6 Lectures 4 hrs
  • 01: Supply and Elasticity of Supply, Essential Elements of Supply, Supply and Stock, Determinants of Supply, Factor Affecting of Supply 39 min
  • 02: Supply Function, Supply of Individual, Supply of Market, Supply Schedule, Individual Supply Schedule, Market Supply Schedule, Solved Practical 45 min
  • 03: Supply Curve, Individual Supply Curve, Market Supply Curve, Law of Diminishing Marginal Productivity, Solved Practical 41 min
  • 04: Law of Supply, Assumptions of Low of Supply, Reasons of Law of Supply, Movement Along the Supply Curve, Solved Practical 35 min
  • 05: Exception to the Law of Supply, Expansion in Supply, Contraction in Supply, Solved Practical 38 min
  • 06: Shift in Supply Curve, Change in Supply, Time Period and Supply, Increase in Supply, Decrease in Supply, Solved Practical 42 min
• Chapter 12: Forms of Market 3 Lectures 2 hrs 11 min
  • 01: Basic Concept, Main Forms of Market, Market, Features of Market, Perfect Competition, Monopoly Competition, Monopolistic Competition 41 min
  • 02: Revise Concept, Features of Market, Monopolistic Competition, Perfect Competition Vs Monopoly Competition, Perfect Competition Vs Monopolistic Competition, Solved Practical 46 min
  • 03: Oligopoly Competition, Comparison between Different Market Structures, Solved Practical 44 min
• Chapter 13: Market Equilibrium under Perfect Competition and Effects of Shift in Demand and Supply 3 Lectures 2 hrs 13 min
  • 01: Determination of Market Equilibrium under Perfect competition, Viable and Non - Viable Industry, Solved Practical 39 min
  • 02: Effects of Change in Demand and Supply on Market Equilibrium, Change in Demand, Change in Supply and Demand, Solved Practical 49 min
  • 03: Price ceiling, Price Floor or Minimum Support Price (MSP), Simultaneous Change in Demand and Supply, Solved Practical 45 min

Part B: Statistics

• Chapter 13: Introduction to Index Number 5 Lectures 3 hrs 25 min
  • 01: Basic Concept, Meaning of Index Numbers, Features of Index Numbers, Characteristics of Index Numbers 39 min
  • 02: Revise Concept, Problems in the Construction of Index Numbers, Methods of Constructing Index Numbers, Solve Practical 45 min
  • 03: Revise Concept, Un-weighted Method, Un-weighted Index Numbers, Weighted Method, Weighted Index Numbers, Solve Practical 41 min
  • 04: Revise Concept, Some Important Index Numbers, Consumer Price Index, CPI, Wholesale Price Index, WPI, Solve Practical 38 min
  • 05: Revise Concept, Index of Industrial Production, Uses of Advantages of Index Number, Limitations of Index Numbers, Solve Practical 42 min
• Chapter 1: Concepts of Economics and Significance of Statistics in Economics 3 Lectures 2 hrs 6 min
  • 01: Basic Concept, What is Economics, Wealth Definition, Material Definition, Scarcity Definition 42 min
  • 02: Growth Definition, Meaning of Statistics - In Plural Sense and In Singular Sense, Solved Practical 43 min
  • 03: Revise Concept, Scope of Statistics in Economics, Importance of Statistics in Economics, Limitations of statistics, Solved Practical 41 min
• Chapter 2: Collection of Data 2 Lectures 1 hrs 22 min
  • 01: Basic Concept, Meaning of Primary and Secondary Data, Method of Collecting Primary Data, Direct Personal Investigation, Indirect Oral Investigation 36 min
  • 02: Information through Correspondence, Information through Mailed Questionnaire, Questionnaire through Enumerators, Solved Practical 46 min
• Chapter 3: Census and Sample Methods of Collection of Data 2 Lectures 1 hrs 22 min
  • 01: Basic Concept, Preparation of the Questionnaire, Collection of Secondary Data, Census and sampling Method of Collection of Data, Solved Practical 36 min
  • 02: Census Method, Sampling Method, Method of Sampling, Statistical Errors, Solved Practical 46 min
• Chapter 4: Organisation of Data 4 Lectures 2 hrs 42 min
  • 01: Basic Concept, Introduction, Meaning of Classification, Objectives of Classification, Qualities of Good Classification 42 min
  • 02: Revise Concept, Method of Classification, Chronological (Temporal) Classification, Geographical Classification, Qualitative Classification 44 min
  • 03: Revise Concept, Quantitative Classification, Variables and Attributes, Variables, Attributes, Raw Data, Solved Practical 41 min
  • 04: Revise Concept, Statistical Series, Kinds of Frequency Distribution, Solved Practical 35 min
• Chapter 5: Presentation of Data: Textual and Tabular Presentations 4 Lectures 2 hrs 53 min
  • 01: Basic Concept, Introduction, Meaning of Tabulation, Objectives of Tabulation 39 min
  • 02: Revise Concept, Advantages of Tabulation, Difference between Classification and Tabulation, Essentials of a Good Table 45 min
  • 03: Revise Concept, Parts of a Table, Types of Tables, On the Basis of Purpose 41 min
  • 04: Revise Concept, On the Basis of Nature of Data, On the Basis of Construction, Limitations of Tables. 48 min
• Chapter 6: Diagrammatic Presentation of Data: Bar and Pie Diagrams 3 Lectures 2 hrs 5 min
  • 01: Basic Concept, Introduction, Meaning of Diagrammatic Presentation, Advantages of Diagrammatic Presentation 39 min
  • 02: Revise Concept, General Rules for Constructing of Diagrams, Types of Diagrams, One-dimensional Diagrams, Solve Practical 45 min
  • 03: Revise Concept, Pie Diagrams, Limitations of Diagrammatic Presentation, Solve Practical 41 min
• Chapter 7: Frequency Diagrams: Histogram, Polygon and Ogive 5 Lectures 3 hrs 25 min
  • 01: Basic Concept, Introduction, Meaning of Graphic Presentation, Difference between, Diagrams and Graphs, Solve Practical 39 min
  • 02: Revise Concept, Advantages of Graphic Presentation, Rules for Constructing Graphs, Frequency Diagrams, Solve Practical 45 min
  • 03: Revise Concept, Line Frequency Graphs, Histogram, Frequency Polygon, Solve Practical 41 min
  • 04: Revise Concept, Frequency Curve, Ogive, Cumulative Frequency Curve, Arithmetic Line Graph, Time Series Graphs, Solve Practical 38 min
  • 05: Revise Concept, General Rules for Constructing Time Series Graphs, Types of Time Series, Graphs, Limitations of Graphs, Solve Practical 42 min
• Chapter 8: Arithmetic Line - Graphs or Time Series Graphs 3 Lectures 2 hrs 5 min
  • 01: Basic Concept, Arithmetic Line Graphs, Construction of a Graph, Rules for Constructing a Graph 39 min
  • 02: Revise Concept, Types of Time Series Graphs, Objectives of Using False Base Line, General Rules for Constructing Diagrams and Graphs, 45 min
  • 03: Revise Concept, Merits of Diagrammatic and Graphic Presentation, Limitations of Diagrammatic and Graphic Presentation 41 min
• Chapter 9: Measures of Central Tendency - Arithmetic Mean 3 Lectures 2 hrs 5 min
  • 01: Basic Concept, Introduction, Meaning of Measures of Central Tendency 39 min
  • 02: Revise Concept, Objectives and Functions of Averages, Requirements of an Ideal Average, Solve Practical 45 min
  • 03: Revise Concept, Arithmetic Mean, Meaning, Solve Practical 41 min
• Chapter 10: Measures of Central Tendency – Median and Mode 6 Lectures 4 hrs 23 min
  • 01: Basic Concept, Introduction, Calculations of Arithmetic Mean, Properties of Arithmetic Mean, Merits and Demerits of Arithmetic Mean Preview39 min
  • 02: Revise Concept, Weighted Arithmetic Mean or Weighted Mean, Median, Meaning, Solve Practical 45 min
  • 03: Revise Concept, Calculation of Median, Merits and Demerits of Median, Quartiles, Solve Practical 41 min
  • 04: Revise Concept, Meaning, Computation of Quartiles, Mode, Solve Practical 38 min
  • 05: Revise Concept, Meaning, Calculation of Mode, Merits and Demerits of Mode, Solve Practical 42 min
  • 06: Revise Concept, Comparison between Mean, Median and Mode, Choice of an Average, Solve Practical 58 min
• Chapter 11: Measures of Dispersion 4 Lectures 2 hrs 43 min
  • 01: Basic Concept, Introduction, Meaning of Dispersion, Objectives of Dispersion 39 min
  • 02: Revise Concept, Qualities of a Good Measures of Dispersion, Types of Measures of Dispersion, Absolute Measures, Solve Practical 45 min
  • 03: Revise Concept, Relative Measures, Method of Measuring Dispersion, Range, Solve Practical 41 min
  • 04: Revise Concept, Inter-Quartile Range and Quartile Deviation, Mean Deviation, Average Deviation, Solve Practical 38 min
• Chapter 12: Correlation 5 Lectures 3 hrs 25 min
  • 01: Basic Concept, Introduction, What is Correlation, What Does Correlation Measure 39 min
  • 02: Revise Concept, Types of Correlation, Positive and Negative Correlation, Simple, Multiple and Partial Correlation, Solve Practical 45 min
  • 03: Revise Concept, Linear and Non-Linear Correlation, Degrees of Correlation, Perfect, Correlation, Solve Practical 41 min
  • 04: Revise Concept, Zero Correlation, Limited Degree Correlation, Methods Techniques, Measuring Correlation, Solve Practical 38 min
  • 05: Revise Concept, Scatter Diagram, Karl Pearson’s Coefficient of Correlation, Spearman’s Rank Correlation, Solve Practical 42 min