CLASS XI ECONOMICS WORKSHEET NO

INDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE AND HUMANITIES Statistics for Economics Class : 11 Date of issue -----------...

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INDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE AND HUMANITIES Statistics for Economics Class : 11 Date of issue --------------2017

Reference: NCERT text book Date of submission ------------------2017

Worksheet Chapter 1: StatisticsIntroduction Economics (030)

I. Answer in one sentence each:1. State the meaning ofa. Consumer b. Seller c. Producer d. Service provider e. Service holder 2. Define Statistics as a singular noun. 3. Define Statistics as a plural noun. 4. What does ordinary business of life mean? II. Answer in 30 words each 5. Define economic activity. What are the important economic activities in which man is engaged in his ordinary business of life? 6. How does scarcity become the source of all economic problems? III. Answer in 40 words each 7. Discuss the importance of statistics in economics 8. Explain the major function s of statistics. *************************

ISM/SENIOR SECTION/ECONOMICS/CLASS 11 - 2017-2018

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