Effective Study Strategies and Tips for CBSE Class 12 Economics Exam Preparation
Economics is one of the key courses in Class 12 of the CBSE. The subject is extensive and necessitates ongoing revision. Indian Economic Growth and Macroeconomics are the two sections of the Economics section. Due to the size of the section, Vedantu CBSE 12 Commerce Economics solutions assist students in mastering the fundamental ideas of the Indian economy.
Further the Commerce subject Economics are divided into two part:
1. Macro Economics
2. Micro Economics
CBSE Class 12 Economics Syllabus and Question Weightage
FAQs on CBSE Class 12 Economics: Notes, PDFs, Marks Weightage and Book Reference
1. How many chapters are there in Microeconomics of Class 12?
Microeconomics of Class 12 has a total of six chapters. They are as follows:
Introduction to Microeconomics
Theory of Consumer Behavior
Production and Costs
Theory of a firm under Perfect Competition
Starting from the basics and importance of the subject to the requirements of a production house, cost curve, knowing the consumer, and different types of markets, you will learn about everything intensively in these chapters.
2. What alternative nomenclature would you use for microeconomics class 12?
Price theory is a another name for microeconomics. A microeconomic theory called the theory of price uses the idea of supply and demand to establish the right price for an item or service.
3. Why is it important to study Macroeconomics?
Macroeconomics is the study of estimating individual product and factor prices. Furthermore, the distribution of resources according to their primary function in an effort to increase an economy's overall output. In order to comprehend and calculate answers to the three production-related questions of what, how, and when, it is essential to study microeconomics in class twelve. You gain insight into everything needed to enter the market as a producer through this subject as well.
4. What is Economics?
Economics is the study of resource distribution for a nation's economic welfare. It covers such topics as employment, capital, labour, physical resources, and the production of products and services. Studying economics is important since it teaches us many strategies for boosting a country's income, employment, and development.
Economics 12 covers significant subjects that teach the students about critical facets of the economy of a developing country. Here are some useful revision notes for this subject for students.
5. How to identify the best study notes for Macroeconomics?
The following qualities make study notes useful and efficient:
They must be succinct, unambiguous, and comprehensive.
They shouldn't include any lengthy or needless content.
They should be prepared by teachers with experience.
As appropriate, pertinent diagrams should be used to describe them in a way that is simple to understand.
Such expertly written chapter-by-chapter revision notes for Class 12 Macroeconomics are available on the Vedantu website and Vedantu app.