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Economics · Class 11Production and CostsVideo coming soonRead the notes instead
Free notes for this chapterMark as Completed
Production Function, Returns to a Factor, Cost Concepts and the board questions built on them — roughly 8 marks of the paper.
What this chapter covers
- 1Production Function
- 2Returns to a Factor
- 3Cost Concepts
- 4Short Run and Long Run Costs
These lessons are being recorded. The written notes for this chapter are free to download now.
Learning resources
Seedha Notes
Chapter notes withimportant points,examples & format
View Notes for Production and Costs, EconomicsPractice Questions
Important questions,board questions,numericals
Practice Now for Production and Costs, EconomicsPrevious yearquestions withfull solutions
View PYQs for Production and Costs, EconomicsSample Paper
Board patternsample paper withmarking scheme
Open Paper for Production and Costs, Economics
In the notes
Topics covered
- 01Production Function26:25
- 02Returns to a Factor27:34
- 03Cost Concepts21:16
- 04Short Run and Long Run Costs28:02
After this chapter you can
- Explain production function without reading from the book
- Present returns to a factor in the format the marking scheme rewards
- Attempt every previous year question set on this chapter
- Marks
- 8
- PYQs
- 23
- Video
- 1h 43m
Then do the work
- One-shot revision, 26 minutes
- Format sheet for this chapter
- Printable summary, 2 pages
Prepare
| Year | Asked as | Marks |
|---|---|---|
| 2025 | Long answer | 12 |
| 2024 | Short answer | 8 |
| 2023 | Case based | 12 |
| 2022 | MCQ set | 8 |
| 2021 | Long answer | 4 |
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