CBSE Class 12 Economics Sample Paper 2018 Set 02

Class 12 Economics Solved Model Papers: CBSE Class 12 Economics Sample Paper 2018 Set 02

Review targeted exam resources with the CBSE Class 12 Economics Sample Paper 2018 Set 02. Built according to official CBSE standards for the 2026-27 academic year, these downloadable Class 12 Economics sample papers support effective revision and performance tracking.

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View or download the dedicated CBSE Class 12 Economics Sample Paper 2018 Set 02 resource below. Engaging with these sample papers under timed conditions ensures continuous academic progress and mastery of the 2026-27 exam format.

Q.1. A country’s resources are fully and efficiently employed. The problem of scarcity exists. What advice will be given to raise the efficiency level of the human resources to fight scarcity?

Q.2. In perfect competition, as the firm is a price taker, the ________ curve is a horizontal straight line.

a) Marginal Cost

b) Total Cost

c) Total Revenue

d) Marginal Revenue

Q.3. State the law of diminishing marginal utility. 

Q.4.  If the firms are earning supernormal profits, how will the number of firms in the industry change?

Q.5.  The vision of ‘digital India’ a scheme launched by the government of India, aims to transform the country into a digitally empowered society and knowledge economy.How will the Production Possibility Curve be affected by the launch of this program?

Q.6. Why is an indifference curve downward sloping and convex to origin? Explain.

OR

Define Budget Line. What do intercepts of budget line indicate? 

Q.7.Complete the table :

CBSE Class 12 Economics Sample Paper 2018 (2)_0 1

Q.8.State giving reasons, whether the following statements are true or false:
 
a) As output is increased, the difference between Average Total Cost and Average Variable Cost falls and ultimately becomes zero.
 
b) Marginal Revenue is always the price at which the last unit of the commodity is sold.
 
c) When Marginal Revenue is positive and constant, both Average Revenue and Total Revenue will increase at constant rate.
 
Q.9. Using diagrams, explain any four degrees of Price elasticity of Supply. 
 
Q.10.Explain the concept of Production Possibility Curve with the help of hypothetical table.
 
OR
 
What does a Production Possibility Curve show? When will it shift to the right?


Please click the link below to download CBSE Class 12 Economics Sample Paper 2018 Set B

 

Download CBSE Sample Papers: Class 12 Economics

Access Sample Papers for Class 12 Economics

Access structured sample papers for Class 12 Economics. Solving the CBSE Class 12 Economics Sample Paper 2018 Set 02 provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.

Maximize Your Scores with Model Papers

  • Curriculum Insights: Clarify chapter-wise weightage rules and question trends across Class 12.
  • Gap Analysis: Check performance drops across sets to isolate specific Class 12 Economics topics needing extra attention.
  • Time Efficiency: Working through objective and descriptive problems builds critical pacing to finish exams comfortably.

Post-Practice Strategy for Class 12 Economics

  1. Verify Answers: Compare your responses against professional teacher solutions provided in the sample paper keys.
  2. Error Analysis: Class 12 learners must review incorrect answers carefully to understand underlying mistakes.
  3. Concept Reinforcement: Consult the official NCERT book for Class 12 Economics when stuck before re-attempting problems.

FAQs

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Are solutions provided for CBSE Class 12 Economics Sample Paper 2018 Set 02?

Yes, CBSE Class 12 Economics Sample Paper 2018 Set 02 comes with detailed, teacher-verified solutions. We have provided step-by-step answers for Economics to help students of Class 12 understand correct methodology and marking scheme.

How can practicing CBSE Class 12 Economics Sample Paper 2018 Set 02 help in exam preparation?

Practicing this Economics paper helps in time management and identifying important topics. For Class 12, solving mock papers is the best way to gain confidence and reduce exam-day anxiety.

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