Read and download PDF of CBSE Class 12 Economics Sample Paper 2014 Set B designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Economics Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Economics Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Economics Question Papers available on our website to build strong understanding of the subject
Sample Paper for Class 12 Economics Pdf
Students can refer to the below Class 12 Economics Sample Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Economics Sample Paper 2014 Set B
Economics Class 12 Sample Paper
SECTION A
1. Define micro economics.
2. What is meant by budget line?
3. What happens to total expenditure on a commodity when its price falls and its demand is price elastic?
4. Define production function.
5. When is a firm called price taker?
6. How is production possibility curve affected by unemployment of resources in the economy? Explain.
7. From the following data calculate price elasticity of demand:
8. A consumer consumes only two goods X and Y and is in equilibrium. Price of X falls. Explain
the reaction of the consumer through the utility analysis.
9. Distinguish between explicit costs and implicit costs and give examples.
10. Explain the implications of the feature’ homogeneous products in a perfectly competitive market.
OR
Explain the implications of the feature ‘barriers to entry’ under monopoly.
11. Due to the increase in population the demand for agricultural land has” increased”. But the supply of agricultural land is fixed. Explain two methods by which the demand for land can be “decreased”.
12. What does the Law of Variable proportions show? State the behaviour of marginal product according to this law.
OR
Explain how changes in prices of inputs influence the supply of a product.
13. Define marginal cost. Explain its relation with average cost.
14. Explain the conditions of consumers equilibrium with the help of indifference curve Analysis.
OR
Explain the properties of indifference curves.
15. Explain the distinction between ‘’change in quantity supplied” and “change in supply”. Use diagram.
16. Market for a good is in equilibrium. There is “increase” in supply of the good. Explain the chain of effects of this change. Use diagram.
SECTION B
17. Define ‘Statutory Liquidity Ratio’.
18. State the two components of money supply.
19. State the Say’s Law of markets.
20. In an economy, the value of MPC is 0.75. Calculate the value of multiplier.
21. The Indian currency against US $ has appreciated from 50 to 40.What measure the Central Bank can follow to control the situation.
Please click the link below to download full pdf file for CBSE Class 12 Economics Sample Paper 2014 Set B
| CBSE Class 12 Economics Sample Paper 2018 Set A |
| CBSE Class 12 Economics Sample Paper 2018 Set B |
| CBSE Class 12 Economics Sample Paper 2018 Set C |
| CBSE Class 12 Economics Sample Paper 2018 Set D |
| CBSE Class 12 Economics Sample Paper Set A Solved |
CBSE Class 12 Economics Sample Paper 2014 Set B
We hope you liked the above provided CBSE Class 12 Economics Sample Paper 2014 Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 12 Economics which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 12 Economics Sample Paper 2014 Set B you will understand the regular questions and MCQ questions for Class 12 Economics which are always asked. You can download CBSE Class 12 Economics Sample Paper and Class 12 Economics Question Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Economics MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.
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