Class 11 Economics Chapter 2-Collection Of Data Solution

Class 11 Economics Chapter 2-Collection Of Data Solution

Chapter 2 of Class 11 Economics focuses on the collection of data, which is an essential aspect of economic analysis. Data collection is crucial for obtaining accurate and reliable information to study and understand various economic phenomena.

The chapter begins by emphasizing the importance of data in economic analysis. It explains that data collection involves the systematic gathering of facts and figures related to the economy, such as prices, quantities, incomes, employment, etc.