Previous Year Question Papers for Class 12 Economics
Access comprehensive previous year question papers for Class 12 Economics using the CBSE Class 12 Economics Question Paper 2011 Set 01. Designed to align with the 2026-27 CBSE academic guidelines, these solved papers help students assess their exam readiness and understand official marking schemes.
Practice Class 12 Economics Exam Papers
Access the complete question paper PDF for Class 12 Economics below. Regular practice with these targeted exam papers builds familiarity with standard question patterns and helps secure higher marks in final evaluations.
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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Past Exam Papers & Solutions for Class 12 Economics
Previous Year Question Papers: Class 12 Economics
Access structured past examination sets for Class 12 Economics. Solving the CBSE Class 12 Economics Question Paper 2011 Set 01 provided above helps students understand actual exam difficulty levels, question formats, and topic distributions for both descriptive and objective sections.
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Regular simulation of exam environments using past question documents builds crucial pacing abilities and eliminates last-minute test anxiety during Class 12 Economics assessments.
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FAQs
The CBSE Class 12 Economics Question Paper 2011 Set 01 is available for download on StudiesToday.com. It includes complete set with all sections so that Class 12 students can practice with the exact same paper that came in the CBSE exams.
Yes, the solutions for CBSE Class 12 Economics Question Paper 2011 Set 01 are prepared by subject matter experts as per official marking scheme. Class 12 students will understand the structure of answers and 'step-marks' methodology Economics.
Solving previous year papers like CBSE Class 12 Economics Question Paper 2011 Set 01 is important to understand repeat themes and question difficulty levels of Economics. It helps Class 12 students to test their time management skills too.
Yes, where applicable, CBSE Class 12 Economics Question Paper 2011 Set 01 is available in both English and Hindi mediums. All students from Class 12 can access Economics study material in their preferred language.
No, all previous year question papers on StudiesToday, including CBSE Class 12 Economics Question Paper 2011 Set 01, are provided free of charge in mobile-friendly PDF.