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Teaching Methodology

1. Theory (theoretical) concept base

Nature of economics

Ø Definition of economics

Ø Scope of Economics

Ø Concept of positive and normative economics

Ø Concept of Micro and Macro Economics

Basic Economics Issue

Ø Security and choice

Ø Allocation of resources

Ø Concept of production possibility curve

Ø Shift in PPC

Quantitative Teaching in Economics

Ø Origin and Meaning of statistics

Ø Meaning,importance, limitation of statistics

Ø Quantitative Analysis in economics

Ø Statistics and mathematics in economics

Collection of data

Ø Needs and importance of data collections

Ø Types of data

Ø Methods of primary data collection

Ø Questionnaire

Ø Census and sample method of data collection

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Statistics and its Importance in Our Life

The word statistics has been derived from the Latin word “status” German word “stastik” and Italian word “statista”. All had same meaning that is poltical state.
Statistics is a synonym of numerical fact. However many writers have defined statistics in different ways. All those definitions can be grouped into two categories.

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