Class 11 ECONOMICS (Session 2022-23) | Lets start your COMICS Journey | CA Parag Gupta

Summary

The video introduces 11th-grade students to their new subject, Economics, emphasizing its importance and accessibility. The instructor promises a fun and engaging learning experience, comparing Economics to reading comics. The syllabus is divided into two main parts: Statistics and Microeconomics, with a detailed breakdown of units, exam patterns, and weightage. The instructor also highlights the importance of consistent practice through MCQs, worksheets, and class notes. The video encourages students to download the institute's app for study materials and to follow the instructor on social media for additional motivation and updates.

Takeaways

• 📚 Class 11th students will be studying Economics, a subject that's not only for Commerce but also for other streams including Science.
• 🎯 The Economics syllabus is divided into two parts: Statistics and Microeconomics, with each part having its own set of units and weightage.
• 📊 Statistics covers two main units: Introduction and Collection, Organization, and Presentation of Data, focusing heavily on formulas and application.
• 🧮 Microeconomics includes four units, with major emphasis on Consumer Equilibrium & Demand, and Producers’ Behavior & Supply, which involve a mix of theory, formulas, and diagrams.
• 📝 The final exam paper will have three categories of questions: Remembering & Understanding (24 marks), Applying (18 marks), and Analyzing, Evaluating & Creating (18 marks).
• 🖍️ The paper design will include direct and indirect questions, with the most challenging being the Analytical section which may involve case studies.
• 🗒️ Students are encouraged to download the RK PG Institute app for chapter-wise MCQs, worksheets, and class notes, available both in written and bullet form.
• 📱 All study materials, including test papers and worksheets, will be accessible through the institute's app, ensuring comprehensive preparation.
• 📘 Maintaining two registers is recommended for taking notes and completing homework, with regular evaluations and homework assignments being essential for success.
• 👍 If students stay consistent with their studies, they can master Economics easily, with the support of the provided resources and guidance.

Q & A

What is the main subject discussed in the video?

The main subject discussed in the video is Economics, specifically for students who have completed class 10th and are entering class 11th.

Which students are expected to study Economics in class 11th?

Economics is a subject for commerce students, but students from other streams, including some science students, also study Economics.

How is the Economics subject structured for class 11th?

The Economics subject is divided into two parts: Statistics and Microeconomics. Both parts cover different aspects of Economics with specific chapters and units.

What are the key units covered under the Statistics portion of the syllabus?

The Statistics portion includes two main units: 'Introduction' and 'Collection, Organization, and Presentation of Data.' These units cover theoretical concepts and the application of formulas.

What are the main topics covered in the Microeconomics portion of the syllabus?

The Microeconomics portion covers four units: 'Introduction,' 'Consumer Equilibrium and Demand,' 'Producer Behavior and Supply,' and a final unit focusing on diagrams and analytical concepts.

How is the final exam for class 11th Economics structured?

The final exam is divided into three categories: Remembering and Understanding (24 marks), Applying (18 marks), and Analyzing, Evaluating, and Creating (18 marks). The exam will include a mix of direct and indirect questions.

What kind of questions can students expect in the 'Remembering and Understanding' category?

In the 'Remembering and Understanding' category, students will be asked direct questions based on definitions, theories, and basic concepts, accounting for 24 marks.

What is the focus of the 'Applying' category in the exam?

The 'Applying' category, which accounts for 18 marks, focuses on questions where students need to apply formulas and solve problems, similar to mathematics.

What does the 'Analyzing, Evaluating, and Creating' category entail?

This category includes more complex and indirect questions that require students to analyze case studies, evaluate scenarios, and create solutions, making up 18 marks of the exam.

What resources are provided to students to help them prepare for the Economics exam?

Students are encouraged to download the institute's app, which provides chapter-wise MCQ tests, worksheets, class notes, and practice materials. The teacher also offers guidance and regular assessments to ensure students are well-prepared.