Statistics for Economics - 11 - NCERT

Publisher – National Council of Education Research and Training

Subject – Economics

Author Name – NCERT

Language – English           

Binding – Paperback

ISBN – 8174504974

Book Code - 11098

Country of Origin – India

Generic Name – Book    

The "Statistics for Economics" textbook covers various topics related to statistics and their relevance in economics, including:

1. Introduction to Statistics: This section provides an overview of statistics, its importance, and its role in economic analysis.
2. Collection, Organization, and Presentation of Data: Students will learn about different methods of data collection, organization, and presentation, including the use of graphs, charts, and diagrams.
3. Statistical Tools and Interpretation: This section covers statistical tools like measures of central tendency, measures of dispersion, and index numbers used in economic analysis.
4. Index Numbers: Students will study the concept and calculation of index numbers and their applications in measuring changes in economic variables.
5. Correlation: This topic explores the concept of correlation and its significance in understanding the relationship between two economic variables.
6. Regression Analysis: Students will learn about regression analysis and its application in estimating the value of one variable based on the value of another variable.

The "Statistics for Economics" textbook is designed to help students develop analytical and quantitative skills required to interpret economic data and draw meaningful conclusions. It includes practical examples, exercises, and case studies to apply statistical concepts to real-world economic scenarios.