Homework for XII Section B

Economics

1. Explain the law of diminishing marginal utility with its exception. (include fig. and table)

2. Explain the TU and MU with suitable example.

3. What is meant by price elasticity of demand? How is it measured by total outlay method? Explain.

4. Distinguish between GDP and GNP. 

Homewrok for XII Section A and C

Economics

1. Explain macroeconomic variables.
2. Explain the problems in measurement of national income. 
3. What is meant by price elasticity of demand? How is it measured by total outlay method? Explain. 
4. Explain the method of measurement of NI by expenditure method.

HOMEWORK FOR GRADE 11

                                          ECONOMICS 

1. Explain the concept of positive and normative economics.

2. Explain the subject matter of economics.

3. Critically explain the robbins definition of economics.

4. Distinguish between primary and secondary data.

5. Explain the importance of statistics.

Homework for grade 'XII'

Economics 

1. what do you mean by income elasticity of demand? Explain its types with figures. 

HOMEWORK FOR GRADE 11

ECONOMICS 

1. Explain the Robbins' definition of economics.
2. Define statistics.
3. Explain the statistics in singular sense.

Homework For Grade Xll ( 10th Aug.)

Economics

 1.Distinguish between GDP and GNP.  
2. What is meant by Price elasticity of demand? Explain its types with figure. 
3. Define closed and open economy.