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Concept Maps

What is Economics — Concept Maps

NIOS · Class 10 · Economics

4 concept maps of What is Economics for NIOS Class 10 Economics, each also written out as a text outline. Part of the NIOS Class 10 Economics syllabus.

80 questions32 flashcards5 concepts

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4 Concept Maps

Evolution of the Definition of Economics

Evolution of the Definition of Economics

The map in words

  • Late 1700s
    • Science of Wealth
    • Classical Thinkers
  • Early 1800s
    • Science of Welfare
    • Material Well-being
  • Mid 1800s
    • Science of Scarcity and Choice
    • Limited Resources and Wants
  • 1900s
    • Science of Growth and Development
    • Role of Government
  • Late 1900s
    • Science of Sustainable Development
    • Future Generations

Evolution of the Definition of Economics

Evolution of the Definition of Economics

The map in words

  • Late 18th Century
    • Science of Wealth
  • Early 19th Century
    • Science of Welfare
  • Mid 19th Century
    • Science of Scarcity and Choice
  • 20th Century
    • Science of Growth and Development
  • Late 20th Century
    • Science of Sustainable Development

Overview of What is Economics – Chapter Mind Map

Overview of What is Economics – Chapter Mind Map

The map in words

  • What is Economics
    • Meaning of Economics
      • Science of Wealth
        • Classical Thinkers
        • Nature of Wealth
      • Science of Welfare
        • Quantitative Welfare
        • Qualitative Welfare
      • Science of Scarcity and Choice
        • Limited Resources
        • Unlimited Wants
        • Alternative Use
      • Science of Growth and Development
        • Role of Government
        • Developed Economies
        • Developing Economies
      • Science of Sustainable Development
        • Future Generations
        • Resource Conservation
    • Branches of Economics
      • Micro Economics
        • Individual Decisions
        • Price Determination
        • Consumer Behaviour
        • Producer Behaviour
      • Macro Economics
        • National Income
        • Inflation
        • Unemployment
        • Economic Growth
    • Nature of Economics
      • Positive Economics
        • What IS
        • Factual Statements
        • Verifiable
      • Normative Economics
        • What OUGHT TO BE
        • Value Judgments
        • Policy Recommendations

Economics

Economics

The map in words

  • Economics
    • Meaning of Economics
    • Branches of Economics
    • Positive Economics
    • Normative Economics

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Frequently Asked Questions

What are the important topics in What is Economics for NIOS Class 10 Economics?
Key topics in What is Economics include Meaning of Economics, Branches of Economics, Positive and Normative Economics. Study these first, then practise questions on each for the NIOS Class 10 board exam.
What do the concept maps for What is Economics show?
The 4 maps show how the ideas in What is Economics connect: Evolution of the Definition of Economics; Evolution of the Definition of Economics. Each map is also written out as an outline on this page.
How should I revise What is Economics for the NIOS Class 10 board exam?
Learn the core ideas first, then work through the 80 practice questions on What is Economics. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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