Chapter : Introduction. Learning Objectives

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1 BLOOM PUBLIC SCHOOL Vasant Kunj, New Delhi Lesson Plan Subject: Economics :( Statistics for Economics) Class: XI Month: April Chapter 1: Introduction No of Periods: 6 TTT: 3pds WT:3pds Chapter : Introduction Learning Objectives Resources Class Work Why Economics? Statistics in Economics What is Statistics What Statistics does? Conclusion The students will be able to : Understand what Economics study Understand the meaning of economic activities Link the concept of economic activities with the study of economics Understand the importance of Statistics NCERT book- Statistics for Economics Reference book by Sandeep Garg Extra marks (Mind Map) ORAL: Meaning of Economy,Economics and Economic activities,types of Economic activities: consumption,production and distribution, Definition of Statistics Singular & Plural sense, Importance of statistics, Limitations of statistics Written : notes on above mentioned topics Questions: NCERT- Q3 pg no. 8 Q How do scarcity and choice go together? Q Explain the steps involved in a statistical study. Q Discuss the role of statistics in business. Home Work NCERT-Q1,Q4,Q5 pg no. 8 Q Discuss the role of statistics in economic planning. Assessment Class Test Period wise plan 1 CLASS WORK Meaning of Economy,Economics and Economic activities Types of Economic activities: consumption,production and

2 distribution NCERT pg no. : (1-4) Notes : Meaning of Economy,Economics and Economic activities,types of Economic activities: consumption,production and distribution 2 CLASS WORK Scarcity of resources and economic problems NCERT pg no. : (1-4) Notes : Scarcity of resources and economic problems 3 CLASS WORK Definition of Statistics Singular & Plural sense Importance of statistics NCERT pg no. : (4-7) Notes : Definition of Statistics Singular & Plural sense, Importance of statistics 4 CLASS WORK Importance of statistics (contd.) NCERT pg no. : (4-7) Notes : Definition of Statistics Singular & Plural sense, Importance of statistics 5 CLASS WORK Limitations of statistics (contd.) NCERT pg no. : (4-7) Notes : Definition of Statistics Singular & Plural sense, Importance of statistics 6 Class Test

3 BLOOM PUBLIC SCHOOL Vasant Kunj, New Delhi Lesson Plan Class : XI Subject : Economics:( Introductory Microeconomics) Month : April No of Periods:18 Unit-1: Introduction TTT: 4pds WT: 14 pds Unit-1: Introduction Learning Objectives Resources Class Work A simple economy Central problems of an economy Organisation of economic activities Positive and Normative economics Micro & macro economics The students will be able to : Understand Central problems of an economy Understand the Concept of opportunity cost and Marginal opportunity cost Understand the Concept of Production Analyse the causes for change in Production Distinguish between Micro & macro economics Understand the Concept of Positive and Normative economics NCERT book- Introductory Microeconomics Extra marks Mind Map ORAL: Meaning of an economy, scarcity, central problem and its causes, Solutions to the central problems of an economy, meaning,assumptions and Characteristics of Production, reasons for Shift and rotation of PPC, Solution of central problems with the help of PPC, Concept of opportunity cost : with the help of graph and numerical example, Concept of Marginal opportunity cost and Marginal Rate of Transformation, Distinction between Micro & macro-economics, Concept of Positive and Normative economics Written : notes on above mentioned topics Questions: Q1 What happens to the PPC of Gujarat if the region is hit by an earthquake? Q2 What is likely to be the impact of efforts towards reducing unemployment on the production potential of the economy? Explain. Q3 What is likely to be the impact of Make in India appeal to the foreign investors by the Prime Minister of India, on the production

4 possibilities frontier of India? Explain. Q4 What happens to the PPC of Wheat and Rice if the technology for producing Rice improves? Q5 Calculate marginal opportunity cost of producing Rice and comment on the shape of PPC : Wheat Rice Q6 Calculate marginal opportunity cost of producing Good X and and comment on the shape of PPC : Q7 Giving reason comment on the shape of Production Possibilities Curve based on the following schedule: Home Work Q Does an economy always operate on a production possibility curve (PPC)? Explain. Q Explain the problem of distribution of income? Q Explain the characteristics of PPC. Q A shift from steam engines to diesel and electric engines has increased carrying capacity of the Indian Railways both for passenger traffic and the goods traffic. How would you reflect this change using the concept of PPC? Q Giving reason comment on the shape of Production Possibilities Curve based on the following schedule: Good X Period wise plan 1 CLASS WORK Meaning of an economy, scarcity, central problem and its causes NCERT pg no. : (1-3)

5 Notes : Meaning of an economy, scarcity, central problem and its causes 2 CLASS WORK Solutions to the central problems of an economy NCERT pg no. : (4-5) Notes : solutions to the central problems of an economy 3 CLASS WORK Solutions to the central problems of an economy NCERT pg no. : (4-5) Notes : solutions to the central problems of an economy 4 CLASS WORK Distinction between Micro & macro economics Concept of Positive and Normative economics 5 CLASS WORK Meaning,assumptions and Characteristics of Production Notes: Meaning,assumptions and Characteristics of Production 6 CLASS WORK Meaning,assumptions and Characteristics of Production Notes: Meaning,assumptions and Characteristics of Production 7 CLASS WORK Reasons for Shift and rotation of PPC Notes: Reasons for Shift and rotation of PPC 8 CLASS WORK Reasons for Shift and rotation of PPC Extramarks- SLM Notes: Reasons for Shift and rotation of PPC 9 CLASS WORK Reasons for Shift and rotation of PPC

6 Notes: Reasons for Shift and rotation of PPC Question and Answer Q What happens to the PPC of Gujarat if the region is hit by an earthquake? Q What is likely to be the impact of efforts towards reducing unemployment on the production potential of the economy? Explain. Q What is likely to be the impact of Make in India appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain. Q What happens to the PPC of Wheat and Rice if the technology for producing Rice improves? 10 CLASS WORK Solution of central problems with the help of PPC Notes: Solution of central problems with the help of PPC 11 CLASS WORK Solution of central problems with the help of PPC Notes: Solution of central problems with the help of PPC 12 CLASS WORK Concept of opportunity cost : with the help of graph and numerical example Notes: Concept of opportunity cost : with the help of graph and numerical example 13 CLASS WORK Concept of opportunity cost : with the help of graph and numerical example Notes: Concept of opportunity cost : with the help of graph and numerical example 14 CLASS WORK Concept of Marginal opportunity cost and Marginal Rate of Transformation 15 CLASS WORK Concept of Marginal opportunity cost and Marginal Rate of

7 Transformation 16 CLASS WORK Concept of Marginal opportunity cost and Marginal Rate of Transformation Notes: Concept of Marginal opportunity cost and Marginal Rate of Transformation Question and Answer Q Calculate marginal opportunity cost of producing Rice and comment on the shape of PPC : Wheat Rice Q Calculate marginal opportunity cost of producing Good X and and comment on the shape of PPC : Q Giving reason comment on the shape of Production Possibilities Curve based on the following schedule: Recapitulation of the chapter 18 Class test

BLOOM PUBLIC SCHOOL Vasant Kunj, New Delhi Lesson Plan Class: XII Subject: Accountancy

BLOOM PUBLIC SCHOOL Vasant Kunj, New Delhi Lesson Plan Class: XII Subject: Accountancy Month: April Chapter 3- Change in Profit sharing ratio among existing partners No of Periods: 7 TTT: 3pds Chapter