Vedantu’s Class 11 and 12 Economics Solutions of Sandeep Garg
To study Economics it requires an in-depth understanding of every topic, concept, theory, and mechanism. Class 11 and 12 students have quite a lengthy syllabus to cover in Economics. Apart from studying the text, they also need to practise question-answers and numerical problems. To help them with this, Sandeep Garg Economics Solutions are readily available on Vedantu.
Sandeep Garg Solutions
FAQs on Sandeep Garg Solutions Class 11 & 12 Economics PDF Download
1. How Many Parts are there in Sandeep Garg Class 12 Economics Solutions? What are the chapters included in Macroeconomics books?
There are 2 parts in Sandeep Garg class 12 Economics Solutions. One is microeconomics solutions, and the other is macroeconomics solutions.
Chapter 1 - Introduction to Macroeconomics-In Macroeconomics, one examines the structure, the performance, the behavior, and the decision making of an economy, which is the whole or aggregate of all its parts.
Chapter 2 - Accounting for National Income-Accounting for national income is a method a government uses to measure the economic activity of a country-offering insights into the state of that economy.
Chapter - 3 - As the common medium of exchange, money is discussed in Chapter 3. Only one individual can participate in an economy.
Chapter - 4 Determination of Income and Employment - the theory of income and employment focuses on different levels of output, employment, and prices in the economy.
Chapter-5 Government Budget and the Economy - Class 12 Chapter 5 The Government - Functions and Scope is an important chapter and helps the students in learning about the budget.
Chapter 6 Open-Economy Macroeconomics - The chapter talks about accounts of Balance of Payment, Comparison of current and capital accounts, system of state exchange, devaluation of currency, etc.
2. How many chapters are included in the Microeconomics Solutions of Class 12?
Microeconomics Solutions of class 12 by Sandeep Garg includes 11 chapters in total. The solutions provided are quite exhaustive for a better understanding of all students.
Chapter 1 - Introduction to Microeconomics-Microeconomics is the branch of economics that is concerned with the behavior of decision-makers within the economy, such as individuals, households and firms.
In Chapter 2, we examine Consumer Behavior Theory, the study of how people make their purchasing decisions, and how businesses can capitalize on these trends by predicting how and when a consumer will make a purchase.
Chapter 3 - Production and Costs-Production costs indicate the costs incurred by companies when manufacturing or providing products and services that generate revenue.
Chapter 4 - The Theory of The Firm Under Perfect Competition.
Chapter 5 - Market Equilibrium.
Chapter 6 - Non-Competitive Markets.
3. How to prepare for Class 11th and Class 12th Economics?
Start your preparation by going thoroughly through the textbook. Do not make a collection of books, this might confuse you. Referring to only one book, Sandeep Garg is best to prepare for Class 11th and 12th Economics.
Make your own notes after reading the chapter from the book. This will help you understand the concept deeply and these notes will help you in your revision days.
Class 11th and 12th Economics contains various conceptual based questions. Try to provide an example for every conceptual question this will help you fetch more marks in the exam.
4. What are the most important Chapters of Class 11th and 12th Economics?
Economics of class 11th and 12th form the basis for higher studies in economics and accounting, thus the entire syllabus is drafted in a way that benefits the student in every way possible. Thus, every chapter has its own benefits and you should study them thoroughly, however, from an examination point-of-view, there are certain chapters which carry the highest weightage. Let's have a look at them.
Important Chapters of Class 12th:
Production and Cost,
Theory of The Firm Under Perfect Competition,
National Income Accounting,
Money and Banking,
Determination of Income and Employment.
5. How sample papers of Economics will help you score well
Sample papers contain various numerical questions that will help you prepare different types of questions and help you to prepare well for the exam. Vedantu offers topic-wise sample papers for each unit of economics, this way you will be able to prepare the entire syllabus easily.
Sample papers help to evaluate your preparation and you will be able to know which topic requires more concentration and hard work.
Sample papers contain frequently asked questions from the previous year this will help you prepare better for the expected questions.
Since revision is the essential part of the preparation for any exam, Sample papers help you revise the entire syllabus of economics.
Sample papers improve the pace and accuracy by which you solve numerical questions.
Since CBSE made slight changes in the syllabus, sample papers give an idea of the marking scheme and help to reduce stress.