Course Introduction and Exam Strategy
This section serves as an introduction to the course and provides valuable insights into the features of this online course and effective exam strategies for studying this subject. Go through this section carefully to make the best of this course.
Question Paper Pattern1:40
Example of a Solved Question Paper
Guess Paper: List of Most Important Questions00:1:41
Acing Your NIOS Exams: Strategies for Success2:28
Module 1: Understanding Economics
Welcome to the world of Economics! In this course, we'll dive into the fundamental concepts that drive our economic choices and shape our daily lives. We'll start by exploring "What is Economics?" to understand its role in society. Next, we'll delve into the fascinating realm of human wants, uncovering the desires that motivate our actions. Finally, we'll explore the vital distinction between goods and services, discovering how they satisfy our needs. Get ready to unravel the mysteries of Economics!
What is Economics00:00:00
Human Wants00:00:00
Goods and Services00:00:00
Module 1 Practice Questions
Module 2: About Economy
In this module, we'll dive into the fundamental concepts that shape our understanding of how societies manage resources. We'll explore what "economy" means and its various types, dig into the central problems that economies face, and unravel the basic economic activities that drive our daily lives. Get ready to discover the key principles that underpin how we produce, distribute, and consume goods and services in our interconnected world. Let's start our economic journey!
Economy – Its Meaning and Types00:00:00
Central Problems of an Economy00:00:00
Basic Economic Activities00:00:00
Module 2 Practice Questions
Module 3: Producing Goods and Services
In our study of producing goods and services, we'll explore three fundamental lessons: Production, Cost, and Revenue. These concepts are at the core of any business or organization. Production delves into how goods and services are created, Cost examines the expenses involved in this process, and Revenue uncovers how businesses generate income. Understanding these principles is crucial for anyone aspiring to manage, analyze, or improve the production of goods and services in the real world. Let's dive in!
Production00:00:00
Cost and Revenue00:00:00
Module 3 Practice Questions
Module 4: Distribution of Goods and Services
In this topic, we'll explore how goods and services flow through our society. We'll start by understanding the concept of demand, where we'll learn about what people want and need. Next, we'll delve into supply, which focuses on how products are produced and made available. Then, we'll see how the price and quantity of goods are determined in markets. Lastly, we'll discuss the important role government plays in shaping these economic systems. Get ready to uncover the fascinating dynamics of our economy!
Demand00:00:00
Supply00:00:00
Determination of Price and Quantity00:00:00
Market00:00:00
Role of Government in Determination of Price and Quantity System00:00:00
Module 4 Practice Questions
Module 5: Money, Banking and Insurance
In this course, we'll explore three fundamental aspects of our economic lives: Money and Its Roles, Banking and Credit, and Savings and Insurance. Money is the lifeblood of our economy, and we'll delve into its various functions. Banking and Credit will show you how financial institutions work, and how they impact your everyday life. Lastly, we'll look at Savings and Insurance to help you secure your financial future. Get ready to embark on a journey into the fascinating world of Money, Banking, and Insurance!
Money and Its Roles00:00:00
Banking and Credit00:00:00
Savings and Insurance00:00:00
Module 5 Practice Questions
Module 6: Presentation and Analysis of Data in Economics
In this course, we'll explore two fundamental aspects: Collection and Presentation of Data, and Analysis of Data. These skills are essential for understanding economic trends, making informed decisions, and crafting persuasive arguments. Whether you're studying economics for the first time or looking to deepen your knowledge, you're about to embark on a journey that will empower you with valuable tools for economic analysis and interpretation. Let's get started!
Collection and Presentation of Data00:00:00
Analysis of Data00:00:00
Module 6 Practice Questions
Module 7: Indian Economy
In this module, we will explore the Indian economy from four essential perspectives. First, we'll provide you with an insightful overview of the Indian economy, highlighting its key features and growth trends. Next, we'll delve into the sectoral aspects, examining the primary sectors contributing to India's GDP. Then, we'll discuss the challenges facing the Indian economy today, such as poverty, unemployment, and environmental issues. Finally, we'll explore how India fits into the global economic picture. Let's embark on this enlightening journey together!
An Overview of Indian Economy00:00:00
Sectoral Aspects of Indian Economy00:00:00
Challenges before Indian Economy00:00:00
Indian Economy in Global Context00:00:00
Module 7 Practice Questions
Module 8: Contemporary Economic Issues
In today's world, we face critical economic challenges that demand our attention and understanding. Two key lessons in this course will explore these issues: "Environment and Sustainable Development" will delve into the impact of economic activities on our planet and the quest for sustainable solutions. Meanwhile, "Consumer Awareness" will empower you to make informed choices in a complex marketplace. Let's embark on this journey to grasp the Contemporary Economic Issues that shape our lives.
Environment and Sustainable Development00:00:00
Consumer Awareness00:00:00
Module 8 Practice Questions
Bonus Course Content
This section offers valuable resources to supplement your learning. Access the free Gyaniversity guide book, previous year question papers, and university textbooks. Test your knowledge with a mock test and complete an optional assignment which will be evaluated by our Explore the Bonus Course Content and unlock your full potential!
Guide Book By Gyaniversity Publications00:01:47
Previous Year Question Papers
Textbook
Additional Quizzes1:40
Mock Test
Assignment: Practice Question Paper