Economics 2017 Question Paper- CBSE Result 2018
CBSE class 12th economics exam was held on 17th April 2017. We are here to present analysis of economics paper of 2017 so that you can get good CBSE Result 2018
In Economics paper you will find paper was very average(neither hard nor simple). It had some easy and straightforward questions which can be solved in a little time they were direct. However, some questions based on calculation of national income was little tricky for that questions you should purely focus on formula.
HOTS (High Order Thinking Skill) Questions– This year the number of HOTS questions has reduced and marks assigned these questions are also less in the paper.
The Economics Paper consist of 100 marks question and these marks is divided into two parts first part is Micro Economics which is of 50 marks and another part dedicated to Macro Economics which is again of 50 marks.
Chapter wise Marks distribution (This should be focused to get good CBSE Result)
Part A:- Introductory Micro Economics CBSE Result 2018
Introduction: (4 Marks)
It includes topics like Scarcity, Economics Problem, Meaning of Economics, Positive and Normative Economics, Opportunity cost, Production Possibility Frontier.
Consumer’s Equilibrium and Demand (13 Marks)
Here you will study about cardinal utility approach, Ordinal utility approach, Law of diminishing marginal utility, Consumer’s Equilibrium, Budget line, Consumer’s curve by indifference equilibrium analysis, Demand, Elasticity of Demand.
Producer Behavior and Supply (13 Marks)
Topics like Production Function, Law of variable proportion, Law of diminishing return, Law of returns to scale, Short and long run production, Short run cost, Average and marginal cost are included in this particular unit.
Forms of Market and price determination under perfect competition (10 Marks)
It includes market forms like perfect competition, oligopoly, monopoly etc.
Part B:- INTRODUCTORY MACROECONOMICS
National income and related aggregated (10 Marks)
It includes stock and flow, circular flow, two sector model, Calculation of national income.
Money and banking (6 Marks)
Here you will study topics like Function of money, definition of money, credit creation, commercial bank and central bank.
Determination of income and employment (12 Marks)
Aggregate supply, consumption function, investment function, saving function are some important topics from this unit.
Government budget and economy (6 Marks)
Do focus on topics like meaning and objective of government budget. component of government budget, Deficit.
Balance of payments (6 Marks)
It includes foreign exchange rate and balance of payment.
Hope you will get good marks in CBSE Result 2018