NCERT Solutions for Class 11 Economics Introductory Microeconomics

CBSE Class 11 Economics Solutions Guide

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CBSE Class 11 Economics Textbook Solutions

Questions and answers for the Class 11 Economics Textbook are on this page. NCERT Solutions for Class 11 Economics Digest CBSE will help students understand the concepts better.


NCERT Solutions for Class 11 Economics Chapterwise List | Class 11 Economics Digest

The answers to the NCERT books are the best study material for students. Listed below are the chapter-wise NCERT Economics Class 11 Solutions CBSE.


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NCERT Solutions for Class 11 Economics Introductory Microeconomics - Shaalaa.com
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NCERT Class 11 solutions for other subjects

We also provide solutions for other subjects to help you top the exams. These NCERT solutions are curated with respect to the exam pattern and old papers. Find the best questions and solutions here. Click now to access it.

Chapters covered in NCERT Solutions for Class 11 Economics Introductory Microeconomics

NCERT Solutions for Class 11 Economics (11th) Chapter 1: Introduction

Concepts covered in Introduction are A Simple Economy, Central Problems of an Economy, Concept of Opportunity Cost, Concepts of Production Possibility Frontier, Efficient Utilization of Resource, Meaning of Micro and Macro Economics, Positive and Normative Economics, The Centrally Planned Economy, The Market Economy, Types of Economic System - Capitalism, Types of Economic System -socialism, Understanding Economics - Adam Smith (Father of Economic), Understanding Economics - Dr Alfred Marshall, Understanding Economics - Lord Robbins, Understanding Economics - Prof Samuelson, What is an Economy?.

NCERT Class 11 Economics (11th) Chapter 1: Introduction exercises

ExerciseNo. of questionsPages
Exercise87

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NCERT Solutions for Class 11 Economics (11th) Chapter 2: Theory Of Consumer Behaviour

Concepts covered in Theory Of Consumer Behaviour are Cardinal Approach (Utility Analysis), Change in Demand, Change in Quantity Demand, Conditions of Consumer's Equilibrium Using Marginal Utility Analysis, Consumer's Budget, Consumer's Equilibrium, Degrees of Elasticity of Demand, Demand, Demand Curve and Its Slope, Demand Schedule, Determinants of Demand, Diminishing Marginal Utility, Elasticity of Demand, Factors Affecting Price Elasticity of Demand, Indifference Curve, Marginal Rate of Substitution (MRS), Market Demand, Meaning of Utility, Measurement of Elasticity of Demand, Movement Along and Shifts in the Demand Curve, Ordinal Approach (Utility Analysis), Preferences of the Consumer, Total Utility and Marginal Utility, Type of Elasticity of Demand.

NCERT Class 11 Economics (11th) Chapter 2: Theory Of Consumer Behaviour exercises

ExerciseNo. of questionsPages
Exercise2934 to 35

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NCERT Solutions for Class 11 Economics (11th) Chapter 3: Production And Costs

Concepts covered in Production And Costs are Average and Marginal Physical Products, Average Product, Basic Concepts of Cost, Concept of Opportunity Cost, Concept of Producer's Equilibrium, Concept of Production, Concept of Supply - Supply Schedule and Supply Curve, Cost - Average Cost, Cost - Average Fixed Cost, Cost - Average Variable Cost, Cost - Fixed Cost, Cost - Marginal Cost, Costs - Long Run Costs, Cost - Total Cost, Cost - Total Fixed Cost, Cost - Total Variable Cost, Cost -variable Cost, Determinants of Supply, Difference Between Stock and Supply, Law of Variable Proportions, Marginal Product, Market Supply, Measurement of Price Elasticity of Supply - Geometric Method, Measurement of Price Elasticity of Supply - Percentage-change Method, Movements Along and Shifts in Supply Curve, Production Function, Production Function - Long-run, Production Function - Short-run, Relation Between Total, Average and Marginal Product, Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost, Returns to a Factor, Returns to Scale, Shapes of Product Curves, Short Run Cost Curves, Supply Curve and Schedule, The Law of Diminishing Marginal Product, Total, Average and Marginal Cost, Total, Average and Marginal Revenue, Total Product.

NCERT Class 11 Economics (11th) Chapter 3: Production And Costs exercises

ExerciseNo. of questionsPages
Exercise3050 to 52

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NCERT Solutions for Class 11 Economics (11th) Chapter 4: The Theory Of The Firm Under Perfect Competition

Concepts covered in The Theory Of The Firm Under Perfect Competition are Determinants of a Firm’s Supply Curve, Determination of Market Equilibrium, Effects of Shifts in Demand and Supply, Equilibrium Price, Features of Oligopoly, Features of Perfect Competition, Forms of Market, Imperfect Competition, Market, Market Equilibrium, Market Forms - Imperfect Oligopoly, Market Forms - Perfect Oligopoly, Market Supply Curve, Price Ceiling, Price Elasticity of Supply, Price Floor, Profit Maximisation, Revenue, Simple Applications of Demand and Supply.

NCERT Class 11 Economics (11th) Chapter 4: The Theory Of The Firm Under Perfect Competition exercises

ExerciseNo. of questionsPages
Exercise2767 to 70

NCERT Solutions for Class 11 Economics (11th) Chapter 5: Market Equilibrium

Concepts covered in Market Equilibrium are Determinants of a Firm’s Supply Curve, Determination of Market Equilibrium, Effects of Shifts in Demand and Supply, Equilibrium Price, Features of Oligopoly, Features of Perfect Competition, Forms of Market, Imperfect Competition, Market, Market Equilibrium, Market Forms - Imperfect Oligopoly, Market Forms - Perfect Oligopoly, Market Supply Curve, Price Ceiling, Price Elasticity of Supply, Price Floor, Profit Maximisation, Revenue, Simple Applications of Demand and Supply.

NCERT Class 11 Economics (11th) Chapter 5: Market Equilibrium exercises

ExerciseNo. of questionsPages
Exercise2786 to 87

NCERT Solutions for Class 11 Economics (11th) Chapter 6: Non-Competitive Markets

Concepts covered in Non-Competitive Markets are Other Non - Perfectly Competitive Markets, Simple Monopoly in the Commodity Market.

NCERT Class 11 Economics (11th) Chapter 6: Non-Competitive Markets exercises

ExerciseNo. of questionsPages
Exercise1487 to 101

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NCERT Solutions for Class 11 Economics Introductory Microeconomics

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