Correlation is a technique used to establish relationships between subjects in the curriculum and between school and outside environments. The document discusses relationships between commerce and various other subjects like economics, political science, geography, mathematics, sociology, and psychology. For each relationship, important topics are identified where the subjects intersect, such as how economic principles relate to commerce, how geographical factors influence trade and industry, and how principles of management rely on understanding human psychology.

1. • Correlation is the inter-relation of material.
• A technique of teaching learning which is used
to establish a reciprocal relationship among
the various subjects of the curriculum and
between the school environment and the
outside environment.

3. correlation
• Commerce with economics
• Commerce with political science
• Commerce with geography
• Commerce with mathematics
• Commerce with sociology
• Commerce with psychology

4. Commerce and Economics
• Economics provides the base of commerce as a subject
of study . The development of Commerce is linked with
the economic development of the society .Commerce
is sometimes regarded as practical application of
economic principles
• Commerce is concerned with the ‘how and why’ of
economic activity
• Important topics where relationship between
economics and commerce can be established
,Development of Indian trade and industry
• Indian banking system ,Indian business organization
Indian currency ,Economic laws and principles

5. Commerce and political science
• Important topics where relationship between
commerce and Political science can be
established.
• commerce and political policies and system
• Monetary systems
• Taxation
• Devaluation
• demonetisation

6. Commerce and Geography
• Agriculture, minerals, forests, industries and trade are all influenced
by geographical or physical environment It is geographical factors
which govern the wealth of a country or nation
• The geographical factors determine the means of livelihood of the
people
• If geographical conditions are favorable, economic activities related
to agriculture , trade, commerce, industry flourish
• industrial centre come on account of climatic factors
• Important topics where relationship between commerce and
Geography can be established
• Localisation of industries
• Indian trade Development of industries in India
• Sources of energy
• Food problem , from marketing to selling

7. Commerce and Mathematics
• Statistical data provide concreteness and vividness to various
financial situations
• Drawing of curves, diagrams, graphs, sketches, and tables in
commerce depends on the knowledge of mathematics and
statistics
• Almost all theories and practices in accountancy derive their
reliability on the principles of Mathematics and statistics
• Important topics where relationship between commerce and
Mathematics can be established: calculation in accounts, ratio
analysis, calculation of goodwill.

8. Commerce and sociology
•Principle of management can be applied only when we have
the knowledge of the formation of the society
•The trade policy of a country can only be properly
understood when we know about social conditions of that
country
•The social structure, the family structure, the religious
influence all cast a good deal of impact on the production
conditions or market segment
•Important topics where relationship between Commerce and
Sociology can be established , making strata for production,
market segmentation, strategy planning.

9. Commerce and psychology
If management principles are laid down with an eye on
human psychology , one can be sure to go a long way
towards business success
Bonus, prizes, incentives, service conditions, job
satisfaction all are concepts of psychology increasing
production
Important topic where relationship between Commerce
and Psychology can be established
Organization behavior, laws of management, marketing,
fridge benefits , packaging, advertisement,selling.

10. Commerce and psychology
If management principles are laid down with an eye on
human psychology , one can be sure to go a long way
towards business success
Bonus, prizes, incentives, service conditions, job
satisfaction all are concepts of psychology increasing
production
Important topic where relationship between Commerce
and Psychology can be established
Organization behavior, laws of management, marketing,
fridge benefits , packaging, advertisement,selling.