Tamilnadu Board Class 12 Economics Sample Papers 2011

Tamil Nadu State Board - Class XII
Economics
(Sample Paper)


1.Who gave the wealth definition of Economics?

2.What was the prize awarded to Amartya Kumar Sen for his outstanding contribution to economics?

3.What is the other name for Marshallian utility analysis?

4.Name the French Mathematician who first stated the Law of Demand.

5.Can the size of plant and technology employed be changed in the market period?

6.Is Capital a man - made productive resource?

7.What is the price paid for the use of the power of land according to David Ricardo?

8.What is the difference between revenue receipts and revenue expenditure called?

9.What should be added to a three sector model to make it a four sector model or open economy?

10. What is the ratio of total consumption to total income called?

11.Who developed the Residual Claimant Theory?

12.Name the concept introduced by Prof. E.M. Chamberlin

13. State Alfred Marshall s definition of Economics.

14.What is a mixed economy?

15.What is consumer s surplus?

16.State the Law of Demand.

17.Write a note on Equilibrium Price .

18.Give the meaning of division of labour .

19.What are money costs?

20.Distinguish between a firm and an industry.

21.What is normal profit?

22.State Say s Law of Market.

23.Explain - What is money?

24.Define public finance.

25.What is micro economics?

26.What are the four factors of production?

27.What is Marginal Revenue Product?

28.Mention any three points of criticism of the Wealth Definition.

29.Distinguish between total utility and marginal utility.

30.State briefly the Law of Supply with diagram.

31.Explain dynamic equilibrium.

32.Enlist the internal and external diseconomies of scale.

33.Explain Opportunity Cost.

34.What are the features of monopolistic competition?

35.Explain the Innovations Theory of Profit.

36.What are the differences between direct taxes and indirect taxes?

37.Explain Ricardo s Theory of rent.

38.Explain the merits and demerits of mixed economy.

39.Describe the law of dimimishing marginal utility with diagram.

40.Explain the different types of elasticity of demand with diagrams.