Chapter :1 Concept of Economics and significance of Statistics in Economics
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T.R. Jain and V.K. Ohri Solutions for Class 11 Statistics for Economics Chapter 1 Subject of Economics and Significance of Statistics in Economics is considered to be an important concept that needs to be studied in depth by the students. We have published the solutions for Class 11 that were written by T.R. Jain and V.K. Ohri here.
Statistics for Economics Board CBSE Class Class 11 Subject Chapter 1 Board Chapter 1
Chapter Name
The Fundamentals of Economics and the Role of Statistics in Economic Analysis
05 questions were answered correctly in this category.
The authors are T.R. Jain and V.K. Ohri.
Chapter 1, “Concept of Economics and the Significance of Statistics in Economics,” provides an explanation of the following ideas that were mentioned:
- Economic ideas and theories
- Both economic and non-economic endeavours are included.
- The significance of statistical data
- Statistical methods and tools