The NCERT economics class 11 textbook is the standard book for studying economics in school. This NCERT book is updated with the latest CBSE curriculum. It is one of the most suitable texts to make the central ideas of economics accessible to its students in a structured way. Hence building analytical skills at the same time. Economics is one of the social sciences that studies the production, distribution, and consumption of goods and services. It has two broad branches: microeconomics, such as household or firm, and macroeconomics. Its structured approach makes it indispensable to those who want to learn India’s structure of economy and basic rules of economics.
Class 11 NCERT Economics Book PDF: Download for Free
Economics Class 11 book NCERT is highly recommended while preparing for the CBSE board exams. They include various subjects like microeconomics, macroeconomics, and Indian economic development. The best thing is that these books are free to download as a PDF. Thus, everyone can access the class 11 economics NCERT book PDF without problem. Get the download link for Class 11 NCERT Microeconomics and Macroeconomics Books from the table below.
| Download PDF for NCERT Class 11 Economics Book | |
| NCERT Book for Class 11 Economics (English) | Download PDF |
| NCERT Book for Class 11 Economics (Hindi) | Download PDF |
Students can easily download NCERT Economics Book Class 11 in Hindi Medium in PDF format from the NCERT website, ensuring that Hindi-medium students also have access to the same content.
Class 11 Economics Chapters PDF Free Download
Looking to master Economics for Class 11? Downloading the NCERT Economics chapters in PDF format gives you quick access to all important topics, from microeconomics to macroeconomics. These PDFs are designed to provide clear explanations, examples, and in-depth coverage of key concepts like demand and supply, national income, and economic development. With these resources, you can study at your own pace, anytime and anywhere. Download the NCERT Economics Class 11 chapters today and make your preparation more efficient and effective!
| Download PDF for NCERT Class 11 Economics Chapters | |
| Class 11 Economics Chapter 1 | Download PDF |
| Class 11 Economics Chapter 2 | Download PDF |
| Class 11 Economics Chapter 3 | Download PDF |
| Class 11 Economics Chapter 4 | Download PDF |
| Class 11 Economics Chapter 5 | Download PDF |
| Class 11 Economics Chapter 6 | Download PDF |
| Class 11 Economics Chapter 7 | Download PDF |
| Class 11 Economics Chapter 8 | Download PDF |
NCERT Books for CBSE Class 11 Economics: Chapter-wise Details
NCERT books are essential reading for CBSE Class 11 students, giving them a solid grounding in Economics. NCERT textbooks are designed to align with the CBSE curriculum, presenting thorough investigations of economic concepts in a chapter-by-chapter format. Every chapter advances sophisticated ideas with precision and detail so students are thoroughly prepared for their exams and further economic studies.
| Chapter | Title | Key Topics |
|---|---|---|
| 1 | Indian Economy on the Eve of Independence | Stagnation, industrial issues, poverty, limited urbanization |
| 2 | Indian Economy (1950-1990) | Five-Year Plans, Green Revolution, mixed economy |
| 3 | Liberalisation, Privatisation and Globalisation | Reforms, WTO, global market integration |
| 4 | Poverty | Poverty types and lines, alleviation programs |
| 5 | Human Capital Formation in India | Human capital creation, impact, RTE Act |
| 6 | Rural Development | Rural credit, agriculture marketing, sustainable farming |
| 7 | Employment Growth, Informalisation and Other Issues | Employment types, workforce rates |
| 8 | Infrastructure | Infrastructure challenges, health, medical tourism |
| 9 | Environment and Sustainable Development | Environmental impacts, sustainability strategies |
| 10 | Comparative Development: Experiences of India and Neighbours | Development comparisons, investment, demographics |
Chapter 1: Indian Economy on the Eve of Independence
This introductory chapter in Class 11 Economics books gives a detailed analysis of the Indian economy at the moment of independence. It discusses the economic problems and underdevelopment since 1947, with a particular reference to the stagnation of agriculture and industry under British domination.
The chapter also explores different critical issues like the draining of wealth from India, demographic situation, occupational patterns, and infrastructure. Additionally, it touches upon India’s national and per capita income, throwing light on the Bengal textile industry and foreign trade.
Indian Economy During Independence
- Stagnant Economy: The Indian economy at the time of independence was described as stagnant. A stagnant economy is an economy with little to no income growth. This stagnation was defined by a lack of substantial economic growth and limited scope for income growth throughout the population.
- Backward Economy: The economic state of India was considerably backward, with extremely low per capita income. Backwardness refers to an underdeveloped and mainly agrarian economy, with relatively little industrial activity to spur larger economic growth.
- Industrial Backwardness: The Indian industrial sector was severely affected, with the small-scale industries declining. A serious lack of industrial infrastructure hindered the development and growth of big industries and manufacturing units in the country.
- Rampant Poverty: A significant portion of the Indian population was living in abject poverty at independence. The absence of basic needs such as proper food, housing, and clothing was prevalent, coupled with widespread unemployment and illiteracy. These left individuals fighting for survival.
- Less Development of Infrastructure: India’s infrastructure development was poor and negligible. The communication, transport, and power generation facilities were underdeveloped and below the required levels to sustain economic and industrial development. Thus, making many areas remote from mainstream development.
- Heavy Dependence On Imports: India heavily depended on other countries for production equipment and basic machinery due to the underdeveloped industry. This dependence on imports stretched the economy and restricted self-sufficiency.
- Limited Urbanization: Urbanization in India was limited at the time of independence. Most of the population lived in rural areas, and only approximately 14% lived in urban areas by 1948. This limited urbanization indicated a largely agrarian society with gradual migration to urban regions, inhibiting economic diversification and urban development.
Chapter 2: Indian Economy (1950-1990)
The second chapter Class 11 NCERT Economics book offers a detailed study of the Indian Economy from 1950 to 1990. The decade was important for implementing five-year plans to foster various sector-specific development policies. Students will be able to understand economic planning, socialism, and the mixed economy model that India followed.
The chapter addresses important topics like the aims and significance of the five-year plans and the challenges and restructuring in agriculture and discusses them. It goes into key programs such as the Green Revolution. It describes the types of economies and their features so that it becomes simple to comprehend how these policies shaped the modern economic scene.
Aims of the Five-Year Plans
The Five-Year Plans were to deliver high economic growth, economic modernization, self-reliance, and social equality.
- High Growth Rate: This involves expanding the capacity of the country to produce, which means broadening the amount of goods and services being produced. Gross Domestic Product (GDP) measures economic growth in the agriculture, service, and manufacturing sectors. The growing piece of chocolate or cake example shows how expanding production enables more individuals to take advantage of the economy’s growth.
- Modernization of the Economy: Adopting new technology to increase output is critical to modernization. Technological advancements, such as using better seed strains for increased agricultural output, form part of this. Still, broader societal and ideational shifts are also involved, such as encouraging gender equity and bringing women into different aspects of the economy.
- Self-Reliance: The initial direction of the plans was towards reliance on domestic sources and not imported resources. The rationale was to diminish reliance on other nations, especially in agricultural production so that national independence would be guaranteed.
- Social Equality: In the absence of social equity, the fruits of economic growth may accrue to the rich at the expense of the poor. Ensuring that the basic needs of all Indians, such as food, shelter, clothing, health care, and education, are met is essential for minimizing economic inequalities and achieving inclusive growth.
Transition to NITI Aayog
In January 2015, the Planning Commission was dissolved and replaced with the NITI Aayog (National Institution for Transforming India). This was done to strengthen decentralized policymaking, a move towards more inclusive and transformative governance.
Chapter 3: Liberalisation, Privatisation, and Globalisation
Chapter 3 of the Class 11 NCERT Economics textbook discusses the revolutionary policies of liberalization, privatization, and globalization launched to revitalize the Indian economy. It gives students an overview of why these economic reforms were needed and what they were intended to do.
The chapter discusses in detail the meaning of liberalization, privatization, and globalization and their specific goals. The chapter helps students learn about important concepts like direct and indirect taxes, disinvestment, and policy responses concerning globalization through the well-structured material of the NCERT Economics Class 11 PDF.
In addition, the chapter provides key information about the World Trade Organisation (WTO). It offers WTO functions and roles. Further, students will learn from principal incidents like the Sircilla tragedy and assess the gross failures and accomplishments of the learned economic reforms. The assessment delivers an overall look about how such reforms have transformed the current economic climate.
Chapter 4: Poverty
Chapter 4 of the Class 11 NCERT Economics textbook discusses the very important concept of poverty and its prevalence in the Indian economy. Known to be an essential topic in both the NCERT syllabus and the field of economics. This chapter provides students with an in-depth insight into what exactly poverty is.
The chapter presents the differences between absolute and relative poverty and precisely defines the poverty line. Students will be taught the different categorizations of poverty and examine its underlying causes. The chapter also explains effective measures and strategies that can reduce the effects of poverty.
The readers will also get to know about the different poverty alleviation schemes undertaken by the Government of India. The discourse will enlighten students about the efforts made towards reducing poverty and raising living standards across the country.
Chapter 5: Human Capital Formation in India
Chapter 5 of the Class 11 NCERT Economics textbook discusses the central role of human capital in developing human capabilities and economic development. The chapter starts with the definition of human capital, describes the process of its creation, and draws a line of distinction between financial capital and physical capital.
Students will be taught about the different sources of human capital development and their direct effects on the economy. For example, the chapter discusses the implications of the rising productivity of physical capital on economic production.
In addition, this chapter discusses the challenges of human capital development in India and points out the remarkable growth in the education sector. It gives a clear insight into the Right to Education (RTE) Act. Thus, showing how legislative actions are improving educational opportunities and helping in human capital formation.
Chapter 6: Rural Development
The NCERT Class 11 Economics textbook’s chapter 6 discusses rural development at length, with topics like rural credit and agricultural marketing. In this chapter, rural credit is discussed in depth, along with its different types and sources.
Furthermore, the chapter delves into sustainable farming practices, such as organic farming and the effects of the Golden Revolution. It also critically evaluates rural banking, citing its major advantages and significant drawbacks.
Students will learn about sustainable development, knowing the benefits and constraints of organic farming. Reading this chapter using the PDF download will greatly help students’ knowledge on these matters. They can benefit with them in exam preparation and wider knowledge of rural development dynamics.
Chapter 7: Employment Growth, Informalisation, and Other Issues
Chapter 7 of the Class 11 NCERT Economics textbook explores employment growth, informalisation, and other related labor market issues. The chapter discusses different kinds of unemployment and efficient ways to overcome these issues. Using the PDF version of the textbook provided above, students will study the various types of workers and examine employment distribution between rural and urban areas and genders.
In addition, this chapter provides step-by-step instructions on calculating the unemployment and workforce participation rates. This data is important for a better understanding employment patterns and helps solve related quantitative problems.
Chapter 8: Infrastructure
Chapter 8 of the Class 11 NCERT Economics book analyzes the issues affecting India’s social and economic infrastructure. Reading the NCERT 11 Economics PDF carefully gives students key information on the country’s types and significance of infrastructure.
The chapter provides an overview of India’s health infrastructure, defining from primary to tertiary healthcare centers. It also introduces students to the phenomenon of medical tourism in India.
By referring to the PDF version of the textbook mentioned above, students will learn more about these topics and are informed about the general context of infrastructure development. In addition, the chapter also briefly discusses the situation of women’s health in India. These serves to raise students’ awareness regarding gender-oriented health issues.
Chapter 9: Environment and Sustainable Development
This chapter of the Class 11 Economics book introduces students to the significance of the environment for developing the Economy by explaining its functions. Furthermore, the Chapter also highlights the root issues concerning the environment, such as – pollution and overexploitation. Students can download the NCERT Class 11 Economics Book PDF above and learn about the successful measures for sustainable development.
However, to comprehend and apply the principle of sustainable development in real life, readers must also go through the major indicators of an impending environmental crisis. For instance, crises such as global warming, ozone depletion, and land degradation have become the leading reasons for the loss of biodiversity.
Chapter 10: Comparative Development: Experiences of India and its Neighbours
The last chapter of the Economics NCERT Class 11 PDF book compares India’s progress with those of nearby countries such as Pakistan, China, Bangladesh, etc. Reading the chapter thoroughly will be useful in comprehending the comparison indicators. It will, in turn, help evaluate the development of functional strategies practiced by adjacent countries.
Students will become more acquainted with neighboring countries’ foreign direct investment and population profile. It will assist the readers in developing a better understanding of the nation’s developmental strategy and policy-driven failures.
NCERT Class 11 Economics Book FAQs
Where can I find the NCERT Class 11 Economics Book PDF?
The NCERT Class 11 Economics Book PDF can be downloaded from the official NCERT website for free in both Hindi and English mediums. You can also get the download link provided above in this article.
Where can I find NCERT Class 11 Economics Book PDF? Is NCERT Economics Book Class 11 in Hindi Medium available?
Yes, the NCERT Economics Book Class 11 in Hindi Medium is available online, making it accessible to Hindi-medium students nationwide.
Can I use Class 11 NCERT Economics Book PDF for competitive exam preparation?
Yes, the NCERT Class 11 Economics Book PDF provides foundational economic knowledge, beneficial for competitive exams like UPSC and other state-level exams.
Who Needs to Download NCERT Class 11 Economics Book PDF?
Students who want to boost their learning experience and make the same more convenient can download the class 11 NCERT economics book PDF online. It will help them to access learning solutions on any device at leisure and strengthen their basic knowledge of various concepts with greater convenience. In turn, it will come in handy for enhancing their exam preparation.
