Class 12 Economics Sandeep Garg Solutions
Sandeep Garg Economics Class 12 Solutions
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/d6f92ecf-2f30-4485-9d00-b10858c860fb-1709189532121-4102609977196379.png)
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/dc93d830-564c-44a3-baca-308a915f8809-1709132178951-4102609977196379.png)
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/67b483c1-1f42-4094-824b-94afa8a25b23-1709132407355-4102609977196379.png)
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/b729ac98-cd1e-4dae-a70c-dfff4e158320-1709722038947-4102609977196379.png)
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/437796a9-085d-4c83-a36b-32a3875a569b-1709132820380-4102609977196379.png)
![centre-image](https://vmkt.vedantu.com/vmkt/PROD/png/82e653cd-88e4-41b8-9fab-c3efc738c480-1709130926959-4102609977196379.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
![arrow-right](https://www.vedantu.com/cdn/images/seo-templates/arrow-right.png)
FAQs on Sandeep Garg Solutions for CBSE Class 12 Economics
1. What are the most important chapters in Microeconomics Class 12?
Among the most important chapters of the class 12 microeconomics syllabus, students should cover Demand, Elasticity of Demand, Cost, Revenue, Supply, Main Market Forms, and Price Determination with Simple Applications.
2. Which are the most scoring chapters in the Class 12 Macroeconomics Syllabus?
National Income and Related Aggregate, Measurement of National Income, Income Determination and Multiplier, and few other chapters can be considered most scoring. This is because the mentioned chapters contain numerical sums in which you can score full marks.
3. How many chapters are there in the Economics Syllabus of Class 12?
In the microeconomics section of the class 12 syllabus, there are 11 chapters. While in the macroeconomics section, there are a total of 12 chapters.
4. What are the most important chapters in Microeconomics Class 12?
The most important chapters of the class 12th microeconomics syllabus have been mentioned below in the tabulated form.
Serial No. | Important Chapters |
1 | Positive and Normative Economics |
2 | Microeconomics and Macroeconomics |
3 | Demand Curve and the Law of Demand |
4 | Total Product, Average Product and Marginal Product (Graph & Numericals) |
5 | Indifference Curve and Shape of the Indifference Curve |
6 | Elasticity of Demand |
7 | Short-run functions student needs to study and Long run Costs |
8 | Market Equilibrium |
9 | Price Ceiling & Price Flooring |
10 | Profit Maximisation |
11 | Utility Function (Numericals) |
12 | Budget Line and Changes in the budget line |
13 | Microeconomics and Macroeconomics |
5. Which are the most scoring chapters in the Class 12 Macroeconomics Syllabus?
Macroeconomics helps us perceive the functioning of an advanced modern economic system. It describes how the economy as a whole functions and the way the amount of value and employment is verified on the idea of combination demand and aggregate supply. Macroeconomics is very beneficial in the sense it helps to realize the goal of the economic process, a better GDP level, and a better level of employment. Macroeconomics explains factors that confirm the balance of payments. At the same time, it identifies causes of deficit in the balance of payments and suggests remedial measures. Therefore, the student needs to understand the scoring chapters of Macroeconomics too score well and can pursue their career in Economics in the future and they have been explained in a tabulated form below.
Serial No. | Name of The Chapter | Marks |
1 | National Income and Related Aggregates | 15 |
2 | Money and Banking | 08 |
3 | Determination of Income and Employment | 12 |
4 | Government Budget and the Economy | 08 |
5 | Balance of Payments | 07 |
3. How many chapters are there in the Economics Syllabus of Class 12?
Economics helps us understand how an advanced modern economic system works. Analyzes the forces that determine a country's economic growth and explains how to achieve and maintain the best state of economic growth, helps stabilize the price index and analyzes fluctuations in trading activities, suggests policy measures to regulate inflation and deflation. So, it is very essential for a student to study Economics. The syllabus of economics is as follows:
Part A Introductory Macroeconomics
- Unit 1. National Income and Related Aggregates
- Unit 2. Money and Banking
- Unit 3. Determination of Income and Employment
- Unit 4. Government Budget and the Economy
- Unit 5. Balance of Payments
Part B Indian Economic Development
- Unit 6. Development Experience (1947-90) and Economic Reforms since 1991
- Unit 7. Current Challenges facing Indian Economy
- Unit 8. Development Experience of India – A Comparison with Neighbours
- Theory Paper (40+40 = 80 Marks)
Part C Project Work
20 Marks
7. What are the features of Sandeep Garg Textbooks of Macroeconomics for class 12th?
Sandeep Garg textbooks have very extensive features that make the students score higher and better. They can use the textbook to prepare for the final exams.
This textbook has been designed by the experts and therefore it is according to the latest syllabus of CBSE.
Students get to learn the art of time with regular practices of solution papers designed by experts and also helps in solving the question papers accurately.
It provides you tons of questions with solutions including MCQs, short questions, and long questions.
8. What are the determinants of demand?
There are many determinants of demand and they are as follows:
Product Cost: There would be a change in the demand of the product by the customer as there would be a change in the price. People decide to buy if the price remains constant.
Income of the Consumer: The income of the customer also puts an impact on the demand. If the income of the consumer increases then the demand would increase.
Cost of related goods and services: The price of related goods and services also decides the demand. In the case of complementary products, if there would be an increase in the price of them then that would decrease the demand for the products.