CHSE Odisha Class 12 Economics Book Solutions (+2 2nd Year)

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CHSE Odisha 12th Class Economics Book Solutions (+ 2 2nd Year)

CHSE Odisha Class 12 Economics Book Solutions in Odia Medium

Chapter 1 ଅର୍ଥଶାସ୍ତ୍ରର ସଂଜ୍ଞା, ପରିସର ଓ ବିଷୟବସ୍ତୁ

Chapter 2 ଅର୍ଥବ୍ୟବସ୍ଥାର ପରିଚୟ ଏବଂ ଅର୍ଥଶାସ୍ତ୍ରର କେନ୍ଦ୍ରୀୟ ସମସ୍ୟାବଳୀ

Chapter 3 ମୌଳିକ ଧାରଣା (ମାନବୀୟ ଅଭାବ, ଉପଯୋଗିତା, ଦ୍ରବ୍ୟ, ମୂଲ୍ୟ, ଦର ଓ ସମ୍ପଦ)

Chapter 4 ଉପଭୋଗର ନିୟମ

Chapter 5 ଚାହିଦା

Chapter 6 ଉତ୍ପାଦନ

Chapter 7 ପରିବ୍ୟୟ

Chapter 8 ଆୟ

Chapter 9 ଯୋଗାଣ

Chapter 10 ବଜାର

Chapter 11 ସମଷ୍ଟି ଅର୍ଥନୀତି

Chapter 12 ଜାତୀୟ ଆୟ

Chapter 13 କେନ୍‌ସଙ୍କ ଆୟ ନିର୍ଦ୍ଧାରଣ ତତ୍ତ୍ବ

Chapter 14 ମୁଦ୍ରା

Chapter 15 ବ୍ୟାଙ୍କ

Chapter 16 ରାଷ୍ଟ୍ରବିତ୍ତ

Chapter 17 ବଜେଟ୍

CHSE Odisha Class 12 Economics Book Solutions in English Medium

  • Chapter 1 Definition of Economics, Scope and Subject, Matter of Economics
  • Chapter 2 Meaning of Economy and Central Problems of An Economy – Scarcity and Choice, What, How and for Whom to Produce?
  • Chapter 3 Basic Concepts (Wants, Utility, Goods, Value, Price and Wealth)
  • Chapter 4 Laws of Consumption
  • Chapter 5 Demand
  • Chapter 6 Production
  • Chapter 7 Cost
  • Chapter 8 Revenue
  • Chapter 9 Supply
  • Chapter 10 Market
  • Chapter 11 Macroeconomics
  • Chapter 12 National Income
  • Chapter 13 Keynesian Theory of Income Determination
  • Chapter 14 Money
  • Chapter 15 Banking
  • Chapter 16 Public Finance
  • Chapter 17 Budget

CHSE Odisha Class 12 Economics Syllabus (+2 2nd Year)

Second Year CHSE (2022-2023)
Economics Paper-II
(Elementary Micro and Macro Economics)

Part A: Introductory Micro Economics

Unit I Introduction
Definition, scope, and subject matter of economics, Meaning of economy and central problems of an economy – scarcity and choice, what, how and for whom to produce?, Basic concepts – wants, utility, goods, value, price and wealth.

Unit II Consumption and Demand
Laws of consumption – marginal and total utility, law of diminishing marginal utility, the law of equi marginal utility and conditions of consumer’s equilibrium, Demand – meaning and determinants, individual and market demand, demand schedule and demand curve, movement along and shifts in the demand curve, Price elasticity of demand – concept, determinants, measurement of price elasticity of demand; percentage and geometric methods (linear demand curve), the relation of price elasticity of demand with total expenditure.

Unit III Production
Meaning of production and production function – short run and long run, Total, Average, and Marginal Product, Law of variable proportions, and returns to a factor.

Unit IV Cost, Revenue and Supply
Cost – money and real cost, implicit and explicit cost, fixed and variable cost, Total, average and marginal costs in the short run and their relationship (simple analysis), Revenue – Total, average and marginal revenue and their relationship, Supply – meaning and law of supply

Unit V Market
Meaning and forms of market, pure and perfect competition, price determination under perfect competition and effects of shifts in demand and supply, Meaning and features of monopoly, monopolistic competition and oligopoly.

Part B: Introductory Macro Economics

Unit VI Introduction
Meaning of macroeconomics, Distinction between macro-and microeconomics, the subject matter of macroeconomics

Unit VII National Income
Meaning and aggregates related to national income – GNP, NNP, GDP, and NDP at market price and factor cost, National disposable income (Gross and Net), Private Income, Personal income, Personal disposable income, Nominal and real national income, Income determination – Aggregate Demand and Supply and their components, simple Keynesian Theory of Income Determination.

Unit VIII Money, Banking and Public Finance
Meaning and Functions of Money, Meaning and Functions of Commercial Banks, Functions of Central Bank, Meaning of Public Finance and Difference between public and private finance, Budget – Meaning and objectives, a balanced and unbalanced budget, surplus and deficit budget.

CHSE Odisha Class 12 Text Book Solutions

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