Access and download CBSE Class 12 Economics Question Paper 2011 (1), carefully designed as per the latest 2025-26 examination guidelines issued by CBSE, NCERT, and KVS. These Class 12 Economics previous year question papers include detailed solutions, helping students to assess their performance and identify and improve key areas before the final exams.
Solved Economics Question Papers for Class 12
Practicing these Class 12 Economics question papers is the best way to understand the actual exam pattern and marking scheme. By solving these papers under timed conditions, Class 12 students can improve their speed and accuracy. Download the full CBSE Class 12 Economics Question Paper 2011 (1) to begin your self-assessment today.
Economics Class 12 Question Paper PDF with Solutions
CBSE Class 12 Economics Question Paper 2011 (1). Students can download the last year question papers using the link below. Free download of examination question papers with solutions.Last 10 year question papers should be practised to get better marks in examinations.
SECTION-A
1. What is a market economy?
2. When is a firm called 'price-taker' ?
3. Define budget set.
4. What is meant by 'increase' in supply?
5. Define supply.
6. Why is a production possibilities curve concave?Explain.
7. 8 units of a good are demanded at a price of Rs. 7 per unit. Price elasticity of demand is (-)1.How many units will be demanded if the price rises to Rs. 8 per unit? Use expenditure approach of price elasticity of demand to answer this question.
8. Giving examples,explain the meaning of cost in economics.
9. Draw average revenue and marginal revenue curves in a single diagram of a firm which can sell more units of a good only by lowering the price of that good.Explain.
10. Explain the implication of 'freedom of entry and exit to the firms' under perfect competition.
11. A consumer consumes only two goods X and Y.State and explain the conditions of consumer's equilibrium with the help of utility analysis.
12. Explain how the demand for a good is affected by the prices of its related goods.Give examples.
13. Define 'Market-supply'.What is the effect on the supply of a good when Government imposes a tax on the production of that good? Explain.
SECTION - B
14. What is nominal gross domestic product ?
15. Define flow variables.
16. Define cash reserve ratio.
17. Define money supply.
18. Define foreign exchange rate.
19. State the components of capital account of balance of payments.
20. Explain how 'distribution of gross domestic product' is a limitation in taking gross domestic product as an index of welfare.
21. Given that national income is Rs.80 crore and consumption expenditure Rs.64 crore, find out average propensity to save. When income rises to Rs.100 crore and consumption expenditure to Rs.78 crore, what will be the average propensity to consume and the marginal propensity to consume?
22. Explain the relationship between investment multiplier and marginal propensity to consume.
23. From the following data about a Government budget, find out (a) Revenue deficit, (b) Fiscal deficit and (c) Primary deficit: (Rs. Arab)
(i) Capital receipts net of borrowings 95
(ii) Revenue expenditure 100
(iii) Interest payments 10
(iv) Revenue receipts 80
(v) Capital expenditure
Please click the link below to download pdf file of CBSE Class 12 Economics Question Paper 2011 (1).
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Important Practice Resources for Class 12 Economics
CBSE Class 12 Economics Question Paper 2011 (1)
To understand the types of questions asked in past examinations, it is very important for Class 12 students to solve the CBSE Class 12 Economics Question Paper 2011 (1) provided above. You can easily download these past papers for Class 12 Economics in PDF format for the last 10 years. By practicing these actual exam questions you will gain an understanding of the difficulty level and the variety of topics covered over the years. By solving these Previous Year Papers (PYPs) you will understand both descriptive and MCQ questions in your final tests.
Importance of solving CBSE Class 12 Economics Question Paper 2011 (1)
Regularly practicing CBSE Class 12 Economics Question Paper 2011 (1) is the best way to improve your score in Class 12 Economics. These papers will give you details of the marking scheme and the paper structure used by the CBSE. By regularly attempting these under actual exam conditions at home, you can slowly improve your time management skills, which will help you to complete your Economics paper within the allowed duration.
Benefits of downloading CBSE Class 12 Question Papers
Having the CBSE Class 12 Economics Question Paper 2011 (1) in PDF format allows you to revise key concepts anywhere, even without an internet connection. These sets are a reliable tool to practice numerical problems and understand the correct approach to all types of answers. After solving the questions, you should compare your work with the solutions provided by our teachers. Along with these papers, students should always solve the Class 12 Economics Sample Papers and MCQ tests on studiestoday.com for a complete revision.
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