2012 Economics Paper Isc Text

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The indian school of certificate examinations holds the exam for class xii economics every year along with the other board exams. The council was established with an aim to promote fine arts, science and literature in the country. The exam pattern for the economics exam is given below: the economics exam is of duration of 3 hours and the marks carried are 100. All the questions, in part i, are to be answered while five questions are to be answered from part ii. Some other instructions for the candidates are given in the paper for the candidates.

download isc class xii economics papers candidates are allowed additional 15 minutes for only reading the paper.  they must not start writing during this time. _ answer question 1 compulsory from part i and five questions from part ii. the intended marks for questions or parts of questions are given in brackets i i. _ answer briefly each of the questions i to xv.

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30 i             name and explain the two main branches of economics. ii           state the law of equi marginal utility. i         explain with an example, what kind of a commodity will have an inverse relationship between income and demand. Iv         explain the meaning of indivisibility of a factor with an example. V           what will be the price elasticity of demand of the points a, b, l and k in the diagram given below: vi         state what causes a movement along the supply curve and show it diagrammatically. vii        define marginal cost. with the help of an example, show how marginal cost can be obtained from total cost. vi      give the modern definition of economic rent. ix         which revenue concept is also called price? justify your answer by giving a reason. x            distinguish between national income at current prices and national income at constant prices. x        when does the equilibrium quantity in a market remain unchanged with a change in demand? show it with the help of a diagram.

Xii       what is the significance offreedom of entry and exit offtrms under perfect competition? xi      given one difference between flexible exchange rate and fixed exchange rate. xiv    what is meant by zero base budget ? xv     explain two merits of direct tax. A calculate the quantity demanded of a commodity when its price increases from rs. The original quantity demanded was 40 units and the price elasticity of demand is 0.5. B ex plain how the following phenomena are exceptions to the law of demand:

     expectations regarding future prices.
c discuss four factors other than price, that affect demand of a commodity.

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A define price elasticity of supply. draw diagrams when price elasticity of supply is: .                                             i equal to one.                    ii         greater than one. B differentiate between returns to variable factor and returns to scale. c explain with the help of diagram, the relationship between total product and marginal product. A explain diagrammatically how equilibrium price and equilibrium quantity are affected by changes in the demand for a commodity, which the supply remaining constant. b   define production function. discuss two criticisms of the law of variable proportions. c how does a perfectly competitive firm earn supernormal profits in the short run equilibrium? explain it with the help of a diagram.

A distinguish between monopoly and perfect competition on the basis of:

    ar curve.
c define economic cos. explain the relationship between total cost, total fixed  cost and total variable cost with the help of a diagram. A discuss two differences between intermediate goods and final goods.
    gross domestic product at market price and net national product at factor cost. personal income and personal disposable income.
c calculate national income and net domestic product at market price by income  method from the following data: a explain how the expenditure of the indian government has risen with reference to: i increase in development activities. B how does the fiscal policy of the government control inflation with the following tools:
    public expenditure.
c discuss four reasons for the internal borrowing by the government. A the following table shows the marginal utility derived from the purchase of books.

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Complete coverage of interactive learning dvds all boards including cbse, icse and state boards economics is one of the most interesting branches of social science subject. A sound knowledge of this subject opens up various rewarding career options for students. Right from management studies to banking profession and placements in financial institutions, students can opt for various job opportunities. The board has designed the economic syllabus in such a manner that it makes students familiar with important terms like money, credit creation, inflation, fiscal policy, etc. In economics subject, statistics is also included as a main subject so as to provide better knowledge to students about mean, median and mode. The board also prepares exam papers for class 11 students in order to keep a record of their academic progress.

In isc class 11 economics question paper, students get a variety of questions including objective type and subjective type questions. These questions come with specific guidelines regarding word limit and marking scheme so that students do not invest much time in a particular question and try to complete the entire test paper on time. Isc 2014 economics question papers for class xi are prepared by the board to evaluate students’ understanding and their ability in comprehending topics. The board designs each test paper under the observation of academic expert to ensure quality. Economics is an essential subject and to make students better in the subject, the board engaged them in different learning activities.

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Apart from weekly, monthly and annual examinations, students also get assignments and project tasks. Through these tasks, the instructor tries to identify that how students interpret a topic and express it in their own language. Similarly, the board also tries to determine their understanding and learning skills through their answer –sheets. The students who express the answer in the best way usually score more marks as compared to others. Economics gives useful insight to students about how available resources are being used to produce a good or a service. The board has structured 2013 class 11 economic question paper in a systematic manner. Students who will be preparing for 2015 isc economic exams can practice these past year papers thoroughly.

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By practicing the unsolved questions, they can prepare themselves well for the upcoming exam. It improves students’ knowledge in understanding basic things like credit, debit, investment, etc. Students can download isc class 11 economic question papers online and can use these important resources for their test preparation.

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the following hsc examination paper is not available on this website but may be located on the website listed below. Please note the following link will take you outside the board of studies nsw website to a website not maintained by the board of studies nsw. the following hsc examination paper is not available on this website but may be located on the website listed below. Please note the following link will take you outside the board of studies nsw website to a website not maintained by the board of studies nsw. marking guidelines are developed by the examination committee, and are used at the marking centre in marking student responses. For each question, the marking guidelines are contained in a table showing the criteria associated with each mark or mark range.

The information in the marking guidelines is further supplemented as required by the supervisor of marking and the senior markers at the marking centre. A copy of the mapping grid, which maps each question in the examination to course outcomes and content as detailed in the syllabus, is also included. For some examinations and some questions , the examination committee develops ‘sample answers’ or ‘answers may include’. The committee does this:

    as part of the development of the examination paper to ensure that the questions will effectively assess students’ knowledge and skills, and in order to provide some advice to the supervisor of marking about the nature and scope of the responses expected of students.
need help with downloading and viewing? you can also convert pdf documents into alternative formats. about isc: the objects of the council is educational, and includes the promotion of science, literature, the fine arts and the diffusion of useful knowledge by conducting school examination through the medium of english. The council exists solely for educational purposes and not for purposes of profit.

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That shall be useful for the class 12 students for the betterment of their preparation. A+b © differentiate between call by value or pass by value and call by reference or pass by reference 2 ans. Call by value method creates a new copy of formal parameters and the changes made to them in the called function are not reflected on the actual arguments in the calling function. They work for primitive data types while call by reference method does not create a new copy rather works on the reference of actual arguments and changes made to them in the called function are reflected in the calling function. d write java expression for √2as+u 2        2 ans.   double  d math.sqrt 2 a s + u u e name the type of error syntax, runtime or logical error in each case given below:       2 ans.   i division by a variable that contains a value of zero:  runtime error ii multiplication operator used when the operation should be division. logical error i missing semicolon:  syntax error a create a class with one integer instance variable.