Homework of economics  for  grade XII management  for 17^th nov.2017

For all A,B, C and D Groups

1.Eplain the Fisher’s quantity theory of money.

2.Derive TR,MR and AR curves under perfect competition market.

For group   A

3.Explain the features of monopoly market .

4. Define national income? Explain  GDP,GNP,NNP,NI and PI.

For  group   B

1 . What are the features of perfect competition market? Explain them.

2 . Explain the forms of money.

For group   C

1.Explain the importance of macro economics.

2.Define total cost  and marginal cost.

For group      D  [ sec  A ]                                                                                                                          1. Describe the concept of total cost ,marginal cost and average cost.

2. Derive the short run total cost curves.

3. Define macro economics.

For group D [sec  B]

1.    Explain the features of monopoly market.

2.    What are the functions of money ?

3.    Distinguish between  fixed cost  and variable cost.

For group D [sec C ]

1 Explain the importance of money .

2. Explain the    concept of   TC ,MC AND AC .

3.Define different types of inflation.