NCERT Solutions for Class 12 Economics

We have provided below NCERT Solutions for Class 12 Economics for free download in Pdf. All chapters which have been given in the latest NCERT book for Class 12 Economics have been covered. These solutions to all questions which have been given in Class 12 Economics NCERT book have been given here. Questions of all chapters of Class 12 Economics have been solved by best teachers as per latest NCERT CBSE book syllabus and guidelines. The Economics chapter wise exercise questions with solutions will help you to complete your class work, revise important concepts and get higher marks in Class 12 exams. Download Class 12 Economics NCERT Solutions in pdf free. All questions have been solved in a step by step manner to help you get better understanding of key concepts of Economics in NCERT Class 12. The solutions provided here cover all exercises given at the end of the chapter Economics. Please click on the links below and free download the pdf for solutions for Class 12 NCERT chapter Economics

Economics Class 12 NCERT Solutions Pdf

We have provided below the latest NCERT Solutions for Economics Class 12 which can be downloaded by you for free. These solutions cover all Economics Class 12 important questions and answers and have been developed based on the latest CBSE NCERT books for this year

Download Class 12 Economics NCERT Solutions

Part A Microeconomics Chapter 01 Introduction to Micro Economics
NCERT Solutions Class 12 Economics Chapter 1 Introduction to Economics

Part A Microeconomics Chapter 02 Theory of Consumer Behaviour
NCERT Solutions Class 12 Economics Chapter 2 Demand
NCERT Solutions Class 12 Economics Chapter 2 Elasticity of Demand

Part A Microeconomics Chapter 03 Production and Costs
NCERT Solutions Class 12 Economics Chapter 3 Cost
NCERT Solutions Class 12 Economics Chapter 3 Production

Part A Microeconomics Chapter 04 The Theory of the Firm under Perfect Competition
NCERT Solutions Class 12 Economics Chapter 4 Perfect Competition
NCERT Solutions Class 12 Economics Chapter 4 Producer Equilibrium
NCERT Solutions Class 12 Economics Chapter 4 Revenue
NCERT Solutions Class 12 Economics Chapter 4 Supply

Part A Microeconomics Chapter 05 Market Equilibrium
NCERT Solutions Class 12 Economics Chapter 5 Consumer Equilibrium
NCERT Solutions Class 12 Economics Chapter 5 Excess Demand and Deficient Demand
NCERT Solutions Class 12 Economics Chapter 5 Market Equilibrium with Simple Applications

Part A Microeconomics Chapter 06 Non-Competitive Markets
NCERT Solutions Class 12 Economics Chapter 6 Non Competitive Market

Part B Macroeconomics Chapter 01 Introduction to Macroeconomics
NCERT Solutions Class 12 Economics Chapter 1 Introduction to Macroand its Concepts

Part B Macroeconomics Chapter 02 National Income Accounting
NCERT Solutions Class 12 Economics Chapter 2 National Income and Related Aggregates

Part B Macroeconomics Chapter 03 Money and Banking
NCERT Solutions Class 12 Economics Chapter 3 Banking
NCERT Solutions Class 12 Economics Chapter 3 Money

Part B Macroeconomics Chapter 04 Determination of Income and Employment
NCERT Solutions Class 12 Economics Chapter 4 Aggregate Demand and Its Related Concepts
NCERT Solutions Class 12 Economics Chapter 4 National Income Determination and Multiplier

Part B Macroeconomics Chapter 05 Government Budget and The Economy
NCERT Solutions Class 12 Economics Chapter 5 Government Budget and the Economy

Part B Macroeconomics Chapter 06 Open Economy Macroeconomics
NCERT Solutions Class 12 Economics Chapter 6 Balance of Payment
NCERT Solutions Class 12 Economics Chapter 6 Foreign Exchange Rate

NCERT Solutions for Class 12 Economics

Economics for Class XII Part 2 – Introductory Microeconomics

INTRODUCTION

In this chapter the main key concepts you will be reading are Consumption, Production, Exchange, Scarcity, Production possibilities, Opportunity cost along with you will also learn about Market economy, Centrally planned economy, Mixed economy, Positive analysis, Normative analysis, Microeconomics and Macroeconomics.

THEORY OF CONSUMER BEHAVIOUR

In this chapter the main key concepts you will be reading are Budget set, Budget line, Indifference curve, Marginal Rate of substitution, Monotonic preferences, Diminishing rate of substitution, Indifference map, Utility function Consumer’s optimum Law of demand cost along with you will also learn about Demand curve Substitution effect, Income effect Normal good, Inferior good Substitute, Complement Price elasticity of demand.

PRODUCTION AND COSTS

In this chapter the main key concepts you will be reading are Production function, Short run, Long run, Total product, Marginal product Average product along with you will also learn about Law of diminishing marginal product, Law of variable proportions, Returns to scale, Cost function Marginal cost, Average cost.

THE THEORY OF THE FIRM UNDER PERFECT COMPETITION

In this chapter the main key concepts you will be reading are Perfect competition Revenue, Profit maximisation, Firms supply curve, along with you will also learn about Market supply curve Price elasticity of supply.

MARKET EQUILIBRIUM

In this chapter the main key concepts you will be reading are Equilibrium, Excess demand, Excess supply, Marginal revenue product of labour along with you will also learn about Value of marginal product of labour Price ceiling, Price floor.

NON-COMPETITIVE MARKETS

In this chapter the main key concepts you will be reading are Introducing Positive Costs Monopoly, Monopolistic Competition Oligopoly.

Economics for Class XII Part 2 - Introductory Macroeconomics

INTRODUCTION

In this chapter the main key concepts you will be reading are Rate of interest, Wage rate, Economic agents or units, Great Depression Unemployment rate, Four factors of production, Means of production, Inputs Land, Labour Capital, along with you will also learn about Entrepreneurship Investment expenditure, Wage labour Capitalist country or capitalist economy, Firms Capitalist firms, Output Households, Government External sector, Exports Imports.

NATIONAL INCOME ACCOUNTING

In this chapter the main key concepts you will be reading are Consumption goods, Capital goods, Intermediate goods Stocks, Flows Gross investment, Net investment Depreciation, Circular flow of income Product method of calculating, National Income, Expenditure method of calculating, Income method of calculating, Macroeconomic model Input, Value added Inventories, Planned-Unplanned change in inventories, along with you will also learn about Gross Domestic Product (GDP), Net Domestic Product (NDP), Gross National Product (GNP) Net National Product (NNP), NNP (at factor cost) or Undistributed profits, National Income (NI), Net interest payments made, Corporate tax by households, Personal tax payments Non-tax payments, Personal Disposable Income (PDI) National Disposable Income.

MONEY AND BANKING

In this chapter the main key concepts you will be reading are Barter exchange Double coincidence of wants, Medium of exchange, Unit of account, Store of value, Bonds Rate of interest along with you will also learn about Liquidity trap Fiat money, Legal tender, Narrow money, Broad money, Currency deposit ratio, Reserve deposit ratio, Money multiplier Lender of last resort, Open market operation Bank Rate, Cash Reserve Ratio (CRR) Repo Rate, Reverse Repo Rate.

DETERMINATION OF INCOME AND EMPLOYMENT

In this chapter the main key concepts you will be reading are Aggregate demand & supply, Equilibrium, Marginal propensity to consume, Un-intended changes in inventories, Autonomous change along with you will also learn about Parametric shift Effective demand principle, Paradox of thrift Autonomous expenditure multiplier.

GOVERNMENT BUDGET AND THE ECONOMY

In this chapter the main key concepts you will be reading are Public goods, Automatic stabiliser, and Discretionary fiscal policy along with you will also learn about Ricardian equivalence.

OPEN ECONOMY MACROECONOMICS

In this chapter the main key concepts you will be reading are Open economy, Balance of payments, Current account deficit, Official reserve transactions, Autonomous and accommodating, Nominal and real exchange rate transactions along with you will also learn about Purchasing power parity, Flexible exchange rate, Depreciation Interest rate differential, Fixed exchange rate, Devaluation, Managed floating, Demand for domestic goods, Marginal propensity to import, Net exports, Open economy multiplier.

Students should refer to the NCERT solutions for Class 12 Economics provided by our expert teachers. These question answers have been designed based on the latest NCERT textbooks issued for Class 12. It is important for Class 12 students to go through the solutions provided here to properly understand all concepts. Class 12 Economics is an important chapter in Class 12 from which questions are expected in various class tests and exams. NCERT has given a very good collection of questions for the chapter Class 12 Science which can come in your exams.

Class 12 students appearing in the upcoming exams should properly go through the questions given at the end of this chapter. Then you should understand the solutions provided by us. We have provided detailed solutions so that you are able to understand Class 12 Economics concepts and then take out answers to these questions yourself.

Benefits of Class 12 Economics NCERT Solutions

Improves analytical and problem-solving skills for Class Class 12 Economics. Improves the students speed and accuracy of solving questions given at the end of this chapter. Helps the Class 12 students to understand important questions and learn to answer them properly. Supports in identifying weak topics so that students can spend more time to improve and strengthen concepts of different chapters. Enhances basic and strong understanding of various topics in NCERT Class 12 Economics. Make yourself aware of the test pattern of upcoming exams by practicing Worksheets for Class 12 Economics

NCERT Solutions of Class 12 Economics Free Pdf Download

NCERT Solutions Class 12 Economics is available on our website www.studiestoday.com for free download in Pdf. All you have to do is click on the links of the chapters of Class 12 Economics which have been provided above and that will open the page with all solutions. You can read the solutions to all questions given in your Class 12 Economics textbook online or you can easily download them in pdf. You should daily practice the answers given to all NCERT Class 12 Economics questions on a daily basis to get a full understanding of the subject. Also refer to Question Papers for Class 12 Economics provided on our website.

Class 12 Economics NCERT Solutions

The Class 12 Economics NCERT Solutions are designed in a way that will help to improve the overall understanding of students. The answers to each question in chapters of Economics Class 12 has been designed based on the latest syllabus released for the current year. It covers all topics prescribed in the syllabus. We have also provided detailed explanations for all difficult topics in Class 12 chapters of Economics so that it can be easier for students to understand all answers. You should practice Sample Papers for Class 12 Economics daily to improve your overall knowledge and understanding of Class 12 Economics and get good marks.

NCERT Solutions for Class 12 Economics

Class 12 Economics NCERT Solutions is a really good source using which the students can get more marks in exams. You will find that lot of questions are asked from the NCERT solutions given here on our website. The same questions will be coming in your Class 12 Economics exam. Learn the answers daily to get a higher score. Each chapter of your Economics textbook has a lot of questions at the end of each chapter to test the students understanding of the concepts taught in the chapter. Students have to solve the questions and refer to the step-by-step solutions provided by Economics teachers on studiestoday to get better problem-solving skills. There are lot of MCQ Questions for Class 12 Economics with answers also provided here.

Class 12 NCERT Solution Economics

These solutions of NCERT Questions given in your textbook for Class 12 Economics have been designed to help students understand the difficult topics of Economics in an easy manner. These will also help to build a strong foundation in the subject. There is a combination of theoretical and practical questions relating to all chapters in Economics to check the overall learning of the students of Class 12. To help them we have provided all the solutions to all problems in an easy-to-learn manner. All Class 12 students must download the pdf and also do lot of Class 12 Economics MCQ Test.

Class 12 NCERT Solution Economics PDF

NCERT Solutions Class 12 Economics with Chapter-wise, detailed answers are given with the objective of helping students compare their answers with the example. NCERT solutions provide a strong foundation for every chapter. They ensure a smooth and easy knowledge of advanced concepts. As suggested by the HRD ministry, they will perform a major role in JEE. Students can easily download these solutions and use them to prepare for upcoming exams and also go through the extra Revision notes for Class 12 Economics to clarify all doubts.

Economics Class 12 NCERT Solutions Free Download

If you want to get all the solutions for the questions in exercises given in your NCERT book for Class 12 Economics, then you have come to the best website www.studiestoday.com We are the best CBSE portal available for students from where you can easily download free pdf of all solutions and answers for the NCERT questions in Class 12 Economics. Students of Class 12 should improve their understanding of the concepts taught by immediately practicing the questions given at the end of each topic and compare with the answers provided by us. We have also provided free Assignments for Class 12 Economics

Study Material for Class 12 Economics

Click on the below links to download more study material for Class 12 Economics which can be very useful for your studies and exams. Our teachers at studiestoday have compiled Class 12 Economics sample papers, past year question papers, NCERT Class 12 Economics books, Printable Worksheets for Class 12 Economics, and many more. Click on the below boxes to download all material for free in pdf.