CHOITHRAM SCHOOL, MANIK BAGH, INDORE ANNUAL CURRICULUM PLAN SESSION

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1 CHOITHRAM SCHOOL, MANIK BAGH, INDORE ANNUAL CURRICULUM PLAN SESSION TARGET GROUP: CLASS XI SUBJECT AREAS: Economics Mont h/ Days Theme/ Sub-me Objectives Activities &Resources Expected Learning Outcomes Assessment JUNE -10 Introduction (Statistics) Meaning of Economics Classification of eco. Activities Meaning of Statistics in plural singular sense Functions importance limitations of statistics. Specific (Content Based) 1. Know subject of economics is about. 2. Underst how economics is linked with study of economic activities in consumption, production distribution. 3. Underst why knowledge of statistics can help in describing consumption, production distribution. 4. Learn about some uses of statistics in understing of economic activities. 5. Underst meaning purpose of data collection. 6. Distinguish between primary secondary sources. 7. Know mode of collection of data, distinguish between census sample surveys 8. To be familiar with techniques of sampling. 9. Know about some important sources of secondary data Behavioral (Application Based) 1. Critical thinking, problem solving, communication skill. 2. Confidenc e will increase 3. Maintainin g public relations 4. Patience respecting people 5. Research oriented 1. Stude nts may be asked to list different activities of members of ir family, different kinds of scarcities that y face in ir daily life, list examples of qualitative quantitative data 2. Stude Students will learn: 1. Basics of economics corelate with economics problem. 2. Various economic activities, economic problems its reasons, 3. Statistics is how statistics help in understan ding of economics Verbal assessment done on basis of questions asked in class

2 nts may be asked to make a questionnai re, collect data on different issues from different sources, read different survey reports. About what data is its types, uses of data, methods of data collection agencies collecting data in India 3. Stude nts told to bring ir last year mark sheet tell m to collect data subject wise after forming a group.

3 JULY -22 MICRO ECONOMICS INTRODUCTION A simple economy Micro & Macro economics Positive & normative economics The students able to underst meaning of economy, The students will know terms micro &macro economics& ir difference. They able to identify difference between positive & normative economics 1. Understan ding some basic concepts & developme nt of economic reasoning which learners can apply in ir day today life as citizens, consumers & workers. 2. Realization of learners role in nation building& sensitivity to economic issues that nation is facing today. 3. Equipment s with basic tools of economics to analyse economic issues. NCERT & Notes. Show Videos to class 1. Developm ent of economic reasoning which learners can apply in ir day today life as citizens, consumers & workers. Worksheet given which will contain all types of ory &practicl SUMS

4 This is pertinent freven those who may not peruse this course beyond senior secondary stage. 4. Developm ent of underst ing that re can be more than one view on any economic issue & necessary skills to argue logically with reasoning.

5 Central problems of an economy The Students will elaborate with solutions central problems of economy, what to, how & for whom to produce, allocation of resources & growing resources dealing with m. NCERT & Notes. Worksheet given which will contain all types of ory &practicl SUMS July (Cont d..) PPC They able to identify PPC various diagrams of PPC. Opportunity cost Students able to learn concept of MU TU NCERT &Notes.Black -Board Different situations given to students & discussed later on. Consumer s equilibrium one & two commodity. The students able to explain& present consumer s budget using budget set, budget line & changes in budget set. Analysis Utility 1. Decision making skill thinking skill. 2. Relate NCERT &Notes.Black -Board 1. Appreciat e difference between cardinal Numerical solved in class to know understin

6 Theory of consumer behaviour The consumer s budget topic with real world example 3. Manage ir limited income to fulfill ir priorities maximum satisfaction. 4. Economic values will inculcate. Optimum utilization of resources- related to income here Lecture Method & Solving sums Students given to prepare play role of an economy decide PPC of a country. Students asked to prepare table on MU TU on ir personal experiences. ordinal utility 2. Determine equilibriu m of consumer on basis of cardinal utility ory 3. Explain concepts of indifferen ce curve budget line 4. Derive equilibriu m of consumer using se above two concepts indicate price effect split it up into substitution effect g of students

7 income effect 5. Clear with concept of budget line changes in budget line. 6. Concept of equimarginal clear. Preferences of consumers The students will learn preferences by studying monotonic preferences, substitution between goods, Diminishing rate of substitution, indifference curve, it s shape & indifference map, utility, optimal choice NCERT &Notes.Black -Board Lecture Method & Solving sums July(C ontd..) Dem The students will learn concept of dem, Law of dem, Factors affecting law of dem Normal & inferior goods, substitute & complimentary goods, shift in dem curve, Movement along dem curve. Why does dem curve slope downward? 1. Decision making skill 2. Relate topic with real world examples. 3. Understan d market conditions. NCERT & Notes. 1. Appreciat e difference between Normal inferior goods. 2. Explain concepts Home assignments where questions of all categories asked

8 4. Inculcate economic values. 5. Optimum utilization of resources- (here) related to income. 6. Critical thinking skill. 7. Curiosity imaginatio n. Students asked to frame table on example related to present day situation taking price dem. of law of dem exceptions to law of dem. 3. Clear with concept of downward sloping of dem curve. 4. Concept of Substitute goods compleme ntary goods will be clear. 5. Clear with concept of effect of increase or decrease in price on dem. Augus t20 STATS Census vs sample, organization presentation of data, Diagrammatic

9 Graphical presentation of Data Micro Economics Elasticity of dem Septe mber 17 Micro Economics Production function, cost, revenue producer equilibrium Stats Measures of Central tendency (Mean, Median Mode) Production function Short run, long run The students will be able to know Meaning, short run, long run,, difference between m, concept of product, law of variable proportions, diminishing returns, relation between TP & MP, relation between MP & AP 1. Critica l Thinking skills 2. Under st prevailing market conditions 3. Proble m solving 4. Chang e ability 5. Budge ting NCERT & Notes Numericals solved. Verbal assignments in which certain real life condition given & students asked to give answers Measures of Central Tendency Mean Median Mode Cost Revenue The students will be able to underst meaning, short run costs, Average costs, Marginal cost, relationships between short run costs. Sums The students will be able to underst NCERT Students asked to draw Diagrams related to cost revenue.

10 meaning, TR, AR, MR, relationship between m. Octob er-11 Stats Measures of Central tendency (Mean, Median Mode continued..) Micro Economics supply The students able to underst supply, law of supply, factors affecting law of supply, Shift in supply & moment along supply curve, difference, price elasticity, methods, sums. The students will underst concept of Equilibrium, market conditions related to dem & supply ir simultaneous movement The students able to identify meaning of profit, producer s. Short term & long term equilibrium, MR MC Approach 1. Problem solving skill 2. Relatednes s 3. Interdepen dency 4. Being Futuristic. 5. Decision making 6. Analytical skill NCERT Show videos in class Supply supply curve in relation to price Determinants of supply curve. Extension contraction of supply. Elasticity of supply its factor affecting supply And able to solve numerical questions based on it Verbal assignments

11 Nove mber 15 Measures of Dispersion Meaning of dispersion Methods of dispersion Range, Mean dispersion, quartile deviation stard deviation. 1. To measure variability stard deviation. 2. To analyze data to make generalizations about measures of dispersion. 3. To explain that stard deviation is an accepted statistic to measure dispersion of data about mean. 4. To derive a formula for finding stard deviation of data sets. 5. To practice arithmetic skills 6. To underst different methods of calculating dispersion Critical thinking Arithmetic skills Conceptual skills Research oriented Interpretation of data Numerical solved; After going through this unit, student/ learner able to: 1. Learn about calculatin g stard deviation.. Verbal assessment done on basis of questions asked in class 2. Learn different methods of calculatin g Dispersion. 3. Learn to collect, organize display data. 4. Learn to use technolog y to compute stard deviation for a set of

12 data, interpret stard deviation in relation to context or problem situation. 5. Dece mber- 17 Forms of Market And Correlation Meaning of correlation Types of correlation Degrees of Correlation Scatter diagram The students able to underst meaning of market, perfect competition, monopoly, monopolistic competition, differences between m, oligopoly, comparison between diff. market structures 1. Decision making skill 2. Relate topic with real world examples. 3. Understan d market conditions. 4. Inculcate economic values. 5. Optimum NCERT &Notes.Black -Board Lecture Method & Solving sums 1. In order to successful ly demonstra te this knowledg e, student must apply ir knowledg e to distinguis h between four Group discussions

13 utilization of resources- (here) related to income. 6. Critical thinking skill. 7. Curiosity imaginatio n. 8. Collaborati on Students asked to draw Diagrams related to cost revenue. major market types (perfect competitio n, monopolis tic competitio n, oligopoly, monopoly ). 2. The student must be able to identify output that will be produced by firm, price that charged by firm, amount of profit that earned by firm.

14 3. The student must also be able to explain difference between shortrun long-run equilibriu m in various types of market structures. 4. comprehe nd nature of dem, changes in quantity demed, changes in dem, factors that affect dem 5. 2 understan d nature of

15 supply, changes in quantity supplied, changes in supply, factors that affect supply 6. 3 explain how markets reach equilibriu m point at which dem supply meet

16 Januar y-22 Introduction to Index Numbers Meaning of Index numbers Types of index numbers Micro Economics Price Determination 1. To define index numbers. 2. To explain uses of Index numbers. 3. To identify use following methods for construction of index numbers: (i) aggregate method (ii) simple average of relative method; 4. To explain advantages of different methods of Index Numbers. 5. To practice arithmetic skills 6. To underst different methods of calculating Index Numbers. Critical thinking Arithmetic skills Conceptual skills Research oriented. Interpretation of data Numerical solved; After going through this unit, student/ learner able to: 1. Learn to define Index Numbers. Verbal assessment done on basis of questions asked in class 2. Learn different methods of calculatin g Index Numbers. 3. Learn to understan d different uses of Index Numbers. 4. Learn to collect, organize display data. Febru ary-07 Revision

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