CBSE Class 12 Economics Introduction To Microeconomics Worksheet

Access the latest CBSE Class 12 Economics Introduction To Microeconomics Worksheet. We have provided free printable Class 12 Economics worksheets in PDF format, specifically designed for Part A Microeconomics Chapter 1 Introduction to Micro Economics. These practice sets are prepared by expert teachers following the 2025-26 syllabus and exam patterns issued by CBSE, NCERT, and KVS.

Part A Microeconomics Chapter 1 Introduction to Micro Economics Economics Practice Worksheet for Class 12

Students should use these Class 12 Economics chapter-wise worksheets for daily practice to improve their conceptual understanding. This detailed test papers include important questions and solutions for Part A Microeconomics Chapter 1 Introduction to Micro Economics, to help you prepare for school tests and final examination. Regular practice of these Class 12 Economics questions will help improve your problem-solving speed and exam accuracy for the 2026 session.

Download Class 12 Economics Part A Microeconomics Chapter 1 Introduction to Micro Economics Worksheet PDF

Worksheet on Introduction to Microeconomics
 
 
1. Answer in one sentence (1 mark)
 
1. What does market mean?
 
2. Name any two central problems of an economy?
 
3. Define scarcity.
 
4. What are production possibilities?
 
5. Define opportunity cost.
 
6. What is production possibility curve?
 
7. Why is the study of consumer’s equilibrium a subject matter of micro economics?
 
8. Can there be an economy without an economic problem?
 
9. What is a planned economy?
 
10. Define marginal rate of transformation.
 
2. Answer in around 75 words ( 3 or 4 marks)
 
1. What are the basic assumptions of production possibility curve?
 
2. Distinguish between positive and normative economics.
 
3. Distinguish between microeconomics and macroeconomics.
 
4. Explain the central problem of “what to produce”.
 
5. Explain the central problem of “how to produce”.
 
6. Explain the central problem of “for whom to produce”.
 
7. How are the central problem s solved in a (1) free market economy (2) planned economy?
 
8. Government promoted women education in India. How does it affect the PPC?
 
9. Draw a production possibility curve and show the following situations on the diagram:
(i) Full employment resources
(ii) Underutilization of resources
 
10. Explain the concept of marginal rate of transformation with the help of an example.
 
11. Why does the problem of ‘What to produce’ arise?
 
12. Explain the shift of the PPC, when resources are equally efficient in the production of the two goods.
 
13. Explain the shift of the PPC, when resources are not equally efficient in the production of the two goods.
 
14. Using hypothetical numerical example, explain the concept of increasing marginal rate of transformation.


Please click on below link to download CBSE Class 12 Economics Introduction To Microeconomics Worksheet

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Part A Microeconomics Chapter 1 Introduction to Micro Economics CBSE Class 12 Economics Worksheet

Students can use the Part A Microeconomics Chapter 1 Introduction to Micro Economics practice sheet provided above to prepare for their upcoming school tests. This solved questions and answers follow the latest CBSE syllabus for Class 12 Economics. You can easily download the PDF format and solve these questions every day to improve your marks. Our expert teachers have made these from the most important topics that are always asked in your exams to help you get more marks in exams.

NCERT Based Questions and Solutions for Part A Microeconomics Chapter 1 Introduction to Micro Economics

Our expert team has used the official NCERT book for Class 12 Economics to create this practice material for students. After solving the questions our teachers have also suggested to study the NCERT solutions  which will help you to understand the best way to solve problems in Economics. You can get all this study material for free on studiestoday.com.

Extra Practice for Economics

To get the best results in Class 12, students should try the Economics MCQ Test for this chapter. We have also provided printable assignments for Class 12 Economics on our website. Regular practice will help you feel more confident and get higher marks in CBSE examinations.

Where can I download latest CBSE Practice worksheets for Class 12 Economics Part A Microeconomics Chapter 1 Introduction to Micro Economics

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