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Class 11 Economics

Economics is a social science that deals with the production, allocation and utilisation of goods and services. And deals with the optimal allocation of resources in the community. This subject comprises of –

  • Comprehending what happens in the macroeconomy and markets
  • Scrutinizing statistics about the state of economy and elucidating their importance
  • Comprehending different policy options and assessing their likely results

Importance of class 11 Economics coaching :

  • Concerned and deals with a scarcity of raw materials
  • How to allocate resources in community?
  • To what degree should the government intercede in the economy
  • Social cost effectiveness
  • Knowledge and comprehension
  • Assessment
  • Applying economics in daily life

To know more about other Commerce subjects, stay tuned to BYJU’S.