CBSE Class 12 Economics Introduction To Microeconomics Worksheet

Read and download free pdf of CBSE Class 12 Economics Introduction To Microeconomics Worksheet. Download printable Economics Class 12 Worksheets in pdf format, CBSE Class 12 Economics Part A Microeconomics Chapter 1 Introduction to Micro Economics Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Economics Class 12 Assignments and practice them daily to get better marks in tests and exams for Class 12. Free chapter wise worksheets with answers have been designed by Class 12 teachers as per latest examination pattern

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

Class 12 Economics students should refer to the following printable worksheet in Pdf in Class 12. This test paper with questions and solutions for Class 12 Economics will be very useful for tests and exams and help you to score better marks

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

Indian Economic Development Chapter 04 Poverty
CBSE Class 12 Economics Poverty Worksheet
Indian Economic Development Chapter 06 Rural Development
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Part A Microeconomics Chapter 05 Market Equilibrium
CBSE Class 12 Economics Market Equilibrium Worksheet
Part B Macroeconomics Chapter 01 Introduction to Macroeconomics
CBSE Class 12 Economics Introduction To Macroeconomics Worksheet

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

The above practice worksheet for Part A Microeconomics Chapter 1 Introduction to Micro Economics has been designed as per the current syllabus for Class 12 Economics released by CBSE. Students studying in Class 12 can easily download in Pdf format and practice the questions and answers given in the above practice worksheet for Class 12 Economics on a daily basis. All the latest practice worksheets with solutions have been developed for Economics by referring to the most important and regularly asked topics that the students should learn and practice to get better scores in their examinations. Studiestoday is the best portal for Printable Worksheets for Class 12 Economics students to get all the latest study material free of cost. Teachers of studiestoday have referred to the NCERT book for Class 12 Economics to develop the Economics Class 12 worksheet. After solving the questions given in the practice sheet which have been developed as per the latest course books also refer to the NCERT solutions for Class 12 Economics designed by our teachers. After solving these you should also refer to Class 12 Economics MCQ Test for the same chapter. We have also provided a lot of other Worksheets for Class 12 Economics which you can use to further make yourself better in Economics.

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