INTRODUCTION TO ECONOMICS Class 11 ONE SHOT | Micro vs Macro | Full Chapter NCERT 2026

✨INTRODUCTION TO ECONOMICS Class 11 ONE SHOT | Micro vs Macro | Full Chapter NCERT 2026 Master the entire 'Introduction to Economics' chapter for your CBSE Class 11 Exam with this comprehensive ONE-SHOT video! We cover all the foundational concepts of the NCERT syllabus, including: .Definition of Economics: Understanding the core problem of Scarcity and Choice. .Detailed explanation of the main Economic Activities: Production, Distribution, and Consumption. .understanding the fundamental difference between Microeconomics and Macroeconomics. .The concept of Limited Resources and Unlimited Human Wants. .The role of Adam Smith (Father of Economics) and his definition of wealth. This video is perfect for a quick and thorough Economics revision and includes clear explanations to build a strong foundation for your studies! ------------------------------------------------------------------ ✔️📢Instagram :- / my.aim_ ✔️📢 Join Us on WhatsApp :https://whatsapp.com/channel/0029Vb5p.. ________________________________________ ✔️ Introduction to Economic PART1 :- • • •   • INTRODUCTION TO ECONOMICS Class 11 ONE SHO...   |#class11th ________________________________________ 0:00 - Introduction to the Second Part of Economics (Class 11th) 0:55 - The Four Definitions of Economics 1:16 - Adam Smith's Wealth Definition (Father of Economics) 2:35 - Alfred Marshall's Welfare Definition 5:05 - Lionel Robbins' Scarcity and Choice Definition 7:27 - Paul A. Samuelson's Growth-Oriented Definition 8:51 - Final Conclusion: The Definition of Economics 13:10 - Nature of Economics (Science & Art) 13:52 - Positive vs. Normative Economics 16:05 - Economic vs. Non-Economic Activities 17:37 - The Economic Cycle: Production, Distribution, and Consumption 21:24 - Introduction to Statistics (Data and Information) 23:26 - Statistics in Plural Sense (Characteristics of Numerical Data) 27:29 - Statistics in Singular Sense (Statistical Methods) 28:25 - Functions and Importance of Statistics 30:17 - Limitations of Statistics 31:47 - Conclusion #IntroductionToEconomics #MicroVsMacro #AdamSmith #ScarcityAndChoice #PositiveVsNormative#StatisticsInEconomics #StatisticsClass11 #SingularSense #PluralSense#CBSEClass11 #Class11Commerce #NCERT #CBSE2026 #Economics#OneShot #FullChapter #EconomicsLectures #Study #Education