PSEB 11th Class Syllabus 2025 Economics

Punjab Board

SYLLABUS
2024-2025

Syllabus
Session: 2024-25
Class: 10+1
Subject: Economics (Humanities/Commerce)
Part-A
Indian Economic Development
UNIT-1 DEVELOPMENT POLICIES AND EXPERIENCES
Chapter 1: Indian Economy on the eve of Independence: Introduction: Low level of
economic development, occupational structure and demographic position. Three sectors of
Indian economy on the eve of independence: Agriculture, Industry and Service Sector.
Chapter 2: Indian Economy 1950-1990: Introduction, the goals of Five-Year plans,
Agriculture: Land reforms, The green revolution, Industry and trade, Public and Private
sectors in Indian Industrial development, Industrial policy resolution 1956, Small scale
industry, Trade policy, Effect of policies on industrial development, Five-year plans in India,
NITI Aayog: Structure and objectives of NITI Aayog.
UNIT: 2 ECONOMIC REFORMS SINCE 1991
Chapter 3: Liberalization, Privatization and Globalization- An Appraisal: Background,
Liberalization, Privatisation, Globalisation, Indian Economy during reforms: An Assessment.
UNIT:3 CURRENT CHALLENGES FACING INDIAN ECONOMY
Chapter 4: Human Capital Formation in India: Meaning, Sources of human capital, Need
and Role of Human Capital formation, State of Human Capital in India, Various Human
capital index: PQLI, HDI, Construction of HDI.
Chapter 5: Rural Development: Meaning, Institutions that cater rural development like
Panchayats, NABARD, Commercial Banks, Co-operatives, Regional Rural Banks and other
Ancillary Sources of Finance.
Chapter 6: Employment: Growth, Informalization and other issues: Workers and
employment, Participation of people in employment, Self-employed and hired workers,
Employment in firms, factories and offices, Growth and changing structure in employment,
Informalization of Indian workforce, Unemployment; Government and employment
generation.
Chapter 7: Environment and Sustainable Development: Environment: Definition and
Functions, State of India’s Environment. Sustainable Development, Strategies of Sustainable
Development. Modern initiatives: Organic Farming.

PART-B
PUNJAB ECONOMY
UNIT 4: AN OVERVIEW OF PUNJAB ECONOMY
Chapter 1: Physical and Human Resources of Punjab: Physical Features of Punjab,
Physical Resources of Punjab: Geographical and Socio-Cultural Division of Punjab, Soils,
Water resources, Minerals, Forest resources, Power resources. Human Resources of Punjab,
Size and growth of population, sex ratio, literacy ratio, density of population, trends in
urbanization, occupational distribution of population.
Chapter 2: Agricultural and Industrial Development of Punjab: Salient Features of
Punjab’s agriculture, major crops of Punjab, Agricultural marketing in Punjab, Green
revolution in Punjab-A critical assessment. Industrial Development of Punjab, Major
industries of Punjab, need for industrialization in Punjab, Difficulties in the way of
Industrialization in Punjab, steps taken by government to develop industries in Punjab.
Chapter 3: Fiscal State of Punjab: Sources of revenue and expenditure of Punjab
government, Overall Budgetary Position of Punjab Government, Public debt of Punjab
Government.
PART-C
STATISTICS
UNIT 5: STATISTICS IN ECONOMICS
Chapter 1: Introduction: Why Economics, Statistics and Economics, what is statistics, what
statistics does.
UNIT 6: COLLECTION, ORGANIZATION AND PRESENTATION OF DATA
Chapter 2: Collection of Data: What are the sources of data, how do we collect the data,
Census and Sample surveys, sampling and non-sampling errors, census of India and NSO.
Chapter 3: Organization of Data: raw data, classification of data, variables: continuous and
discrete, what is frequency distribution, bivariate frequency distribution.
Chapter 4: Presentation of Data: Textual presentation of data, tabular presentation of data,
tabulation of data and parts of a table, diagrammatic presentation of data.
UNIT 7: ANALYSIS OF DATA
Chapter 5: Measures of Central Tendency: Arithmetic mean, median, quartile, decile,
percentile, mode, relative position of mean, median and mode.
Chapter 6: Correlation: Types of correlation, Techniques for measuring correlation: Scatter
diagram, Karl Pearson’s coefficient of correlation, Spearman’s rank correlation, Appendix to
Correlation.

Chapter 7: Index Numbers: What is an index number, Construction of an index number:
Simple aggregative method, Simple average of price relative method, Some important index
numbers: Consumer price index, wholesale price index, index of industrial production,
human development index, Sensex, Issues in the construction of an index number, Index
number in economics.
Chapter 8: Use of Statistical Tools: Construction of Project work in Economics: various
steps in the construction of project work and suggested list of projects.

Study Materials
Notes

Model Papers Class 6 Notes

Sample Papers Class 7 Notes
Half Yearly Sample Papers Class 8 Notes

Class 9 Notes
Important Resources
Class 10 Notes
Periodic Table
Class 11 Notes
Writing Skills / Formats

Maps of India / World Class 12 Notes

Books and Solutions

NCERT Books
NCERT Book Solutions
HC Verma Chapter Wise Solutions
RD Sharma Solutions
CGBSE Solutions