Study Material : Video Lectures | textbok Solutions | Notes

1: The Story of Village Palampur

This chapter introduces basic economic concepts through the hypothetical village of Palampur, illustrating production activities, the role of land, labour, and capital, and the challenges faced by small farmers.

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  • VideoOverview of Village Palampur: English
  • VideoOrganisation of Production (Factors of Production): English

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Identifying the factors of production with examples.

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Understanding the difference between traditional and modern farming methods.

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2: People as Resource

This chapter views population as an asset for the economy rather than a liability, emphasizing the importance of human capital formation through education, health, and skill development.

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  • VideoIntroduction: People as a Resource: English
  • VideoEconomic Activities by Men and Women (Market and Non-Market Activities): English

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Understanding the concept of human capital formation.

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Analyzing the causes and consequences of unemployment.

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3: Poverty as a Challenge

This chapter defines poverty, discusses its dimensions, causes, and anti-poverty measures taken in India, highlighting the challenges of achieving poverty alleviation.

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  • VideoTwo Typical Cases of Poverty: English
  • VideoPoverty as Seen by Social Scientists (Social Exclusion, Vulnerability): English

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Understanding the concept of the poverty line.

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Analyzing different government schemes for poverty reduction.

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4: Food Security in India

This chapter explains the concept of food security, its importance, and the public distribution system (PDS) in India, including the role of buffer stock and the challenges in ensuring food availability for all.

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  • VideoWhat is Food Security?: English
  • VideoWhy Food Security? (Famines, Seasonal Hunger, Chronic Hunger): English

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Understanding the components of food security.

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Analyzing the strengths and weaknesses of the Public Distribution System.

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