CBSE Class 12 Economics Sample Paper 2012 (2)

CBSE Economics Sample Paper for Class 12 CBSE exams for CBSE Students. Based on CBSE and CCE guidelines. The students should practice these Question Papers to gain perfection which will help him to get more marks in CBSE examination. Please refer to more CBSE Class 12 question papers in other links. The CBSE Question papers are of past examinations. Its always recommended by CBSE to practice the papers released by CBSE to get better exams in CBSE exams. CBSE Last Year Question Papers for class 12 for final/ term/ SA1/ SA2 Examinations conducted by Central Board of Secondary Education for all CBSE affiliated schools in India and abroad.

 Sample Question Paper – II

Economics

Class – XII

Instructions

1. All questions in both the sections are compulsory.

2. Marks for questions are indicated against each.

3. Question Nos. 1-5 and 17-21 are very short-answer questions carrying 1 mark each. They are required to be answered in one sentence each.

4. Question Nos. 6-10 and 22-26 are short-answer questions carrying 3 marks each. Answer to them should not normally exceed 60 words each.

5. Question Nos. 11-13 and 27-29 are also short-answer questions carrying 4 marks each Answer to them should not normally exceed 70 words each.

6. Question Nos. 14-16 and 30-32 are long-answer questions carrying 6 marks each. Answer to them should not normally exceed 100 words each.

7. Answer should be brief and to the point and the above word limit be adhered to as far as possible.

SECTION-A

1. What causes an upward movement along a demand curve of a commodity ? 

2. What is the price elasticity of supply of a commodity whose straight line supply curve passes through the origin forming an angle of 75°?

3. What change will take place in marginal product, when total product increases at a diminishing rate?

4. Give the meaning of marginal cost. 

5. Give the meaning of ‘oligopoly’. 

6. Explain the inverse relationship between the price of a commodity and its demand.

7. State the ‘law of supply’. What is meant by the assumption ‘other things remaining the same’ on which the law is based?

8. The price elasticity of supply of good X is half the price elasticity of supply of Good Y. A 10% rise in the price of good Y results in a rise in its supply from 400 units to 520 units. Calculate the percentage change in quantity supplied of good X when its price falls from Rs 10 to Rs 8 per unit.

9. State the distinction between explicit cost and implicit cost. Give an example of each.

10. Explain the implication of ‘product differentiation’ feature of monopolistic competition.

11. Explain the effect of a rise in the prices of ‘related goods’ on the demand for a good X.

12. Explain the concept of opportunity cost with the help of an example.

13. There is a simultaneous ‘decrease’ in demand and supply of a commodity. When will it result in:

      (a) No change in equilibrium price.

      (b) A fall in equilibrium price.

             Use diagrams.


Please refer to attached file for CBSE Class 12 Economics Sample Paper 2012 (2)

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