Economics is an important discipline that provides solutions for how societies meet their unlimited needs with limited resources. For Class 12 students in Maharashtra, understanding economic concepts is not just crucial for passing examinations but also for making informed decisions in the future. This article will help ease you into general concepts, provide sample questions to consider, and offer general tips on how to excel in class 12 Maharashtra board exam.
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This article checklist can guide you in boosting your confidence and improving your Economics examination results. Dive in and let the preparation begin. In this article, we will discuss high-priority chapters, the syllabus of this course, and some basic/high-frequency questions.
Understanding the Maharashtra Class 12 Economics syllabus and the associated exam pattern is crucial for students to effectively prepare for their board examinations. The Maharashtra Class 12 economics exam contains both theory and practical parts.
Theory Examination
The main theory examination paper has four sections and a total of 6 questions with many sub-questions, With 80 marks and a time limit of three hours.
Question 1 contains the five sub-questions with A, B, C, D, E
Question 2 contains two sub-questions with A, B
Question 3 contains five questions but you have to attempt only three
Question 4 contains five questions but you have to attempt only three
Question 5 contains three questions but you have to attempt only two
Question 6 contains three questions but you have to attempt only two
Chapter Number | Chapter Name |
---|---|
Chapter 1 | Introduction to Micro and Macro Economics |
Chapter 2 | Utility Analysis |
Chapter 3 | Demand Analysis |
Chapter 4 | Elasticity of Demand |
Chapter 5 | Supply Analysis |
Chapter 6 | Forms of Market |
Chapter 7 | Index Numbers |
Chapter 8 | National Income |
Chapter 9 | Public Finance in India |
Chapter 10 | Money Market and Capital Market in India |
Chapter 11 | Foreign Trade of India |
Chapter Name | Number of Questions |
---|---|
Elasticity of Demand | 20 |
Introduction to Micro and Macroeconomics | 14 |
Money Market and Capital Market in India | 14 |
National Income | 14 |
Public Finance in India | 13 |
Supply Analysis | 13 |
Utility Analysis | 13 |
Forms of Market | 12 |
Index Numbers | 10 |
Demand Analysis | 8 |
Foreign Trade of India | 7 |
After a very thorough review, we can easily conclude that there are some important chapters according to the last three years. The important chapters are Elasticity of Demand (20 questions), introduction to Micro and Macroeconomics, Money Market and Capital Market in India and National Income (14 questions) and Public Finance in India, Supply Analysis and utility Analysis (13 questions). And the other important concepts are forms of market ( 12 questions), index numbers (10 questions), demand analysis (8 questions) and foreign trade of India (7 questions).
Apart from these, there are several other important concepts in which one question has been asked, which are:
Microeconomics:
Macroeconomics:
Based on the given table, here's an approach to studying the important concepts to score better in Maharashtra State Board exams:
High Priority Concepts (15-20 Questions)
Elasticity of Demand is a chapter that has 20 questions in economics. The sensitivity of demand, also known as elasticity, is the extent of the change in demand for a particular good in response to a change in the price of that good. This concept is crucial in economics as it helps to define how the levels of prices, consumer income, or the prices of related commodities influence consumers’ buying habits.
Moderate Priority Concepts (10-14 Questions)
Other Important Topics
Another important topic like Microeconomics: The law of demand refers to a situation whereby the quantity of a commodity demanded decreases as the price increases and vice versa, marginal utility is the satisfaction obtained from an extra unit of a commodity and an oligopoly means a market structure that is dominated by a limited number of firms with absolute control over the productions of specific products while the national fiscal policy is used by the government to control the nation’s money supply.
For major concepts such as the Law of Demand, Marginal Utility in Microeconomics, Oligopoly, and Fiscal Relations Being a part of Macroeconomics Money Supply, it is wise to emphasize a firm grasp of core ideas, supporting concepts and theories, with examples from past inspection questions, and rigorous practice in depicting theories graphically.
Also Download- Maharashtra HSC Question Papers
For preparing Maharashtra Class 12 Economics effectively, consider the following strategies:
A. Micro and Macro Economics: Study fundamental concepts, theories, and their practical applications. Practice diagrams and calculations.
B. Money Market and Capital Market in India: Understand the structure, functions, and current trends in these markets.
C. National Income: Learn about methods of national income calculation and factors affecting it.
In conclusion, preparing for Maharashtra Class 12 Economics involves understanding key concepts like elasticity of demand, micro and macroeconomics, money and capital markets, and national income. By focusing on these high-priority topics, practicing with past papers, and staying updated with current economic trends, students can enhance their understanding and perform well in their exams. Regular revision and using graphical representations will further aid in mastering these essential economic principles.
Frequently Asked Questions (FAQs)
Marking of Maharashtra HSC Board exam is considered to be strict, so you need to be very accurate with your answers.
Sort out the important and scoring topics and study them deeply for better understanding. Maintain consistency.
As discussed with many students paper trend has been easy and moderate level.
On Question asked by student community
Yes, preparing for the 12th MHT-CET syllabus will also cover your board syllabus, since both are the same. For boards, focus more on textbook theory, diagrams and writing practice. For CET, practice MCQs and speed-based solving. Solving previous years’ board papers will boost your score. With proper balance, you can easily aim for 90%+ in boards while preparing for CET.
Hello
With 86% in Class 10th in Maharashtra Board, you have a good chance of getting admission in ML Dahanukar College of Commerce in Class 12th in 4th round.
In the final round, the cutoff goes to 85-87% and you have 86% which falls in that bracket. So there is probability of getting that college in final round.
To know more about ML Dahanukar Collegeof Commerce: MLDCC by CAREERS360
Hope this answer helps! Thank You!!!
Dear aspirant,
The Maharashtra State Board of Secondary and Higher Secondary Education will conduct the Class 10 SSC exams in 2025. The Mathematics Geometry exam will be part of the exam schedule. The 2025 SSC exams are scheduled to begin on February 21, 2025, and conclude on March 17,2025. So until then you will not be able to access the question paper. You can practice from previous years question papers to know the question pattern and marks divisions.
To get last five year's question papers kindly visit this link given below.
Good luck!
https://school.careers360.com/boards/msbshse/maharashtra-ssc-question-papers
Dear candidate ,
Since you completed both Class X and XII in Maharashtra, even without originally selecting " domicile " , you can claim Type A Maharashtra State candidature during MHT - CET CAP . This category applies when your qualifying exam was taken in Maharashtra, and you are domiciled in the state - meeting both criteria ( XII in Maharashtra and domicile certificate) . Even if you initially selected " open " , you can change your category to SEBC or corresponding state type at CAP registration , and thereafter , you will be eligible under the SEBC reservation in engineering admissions .
hi,
Since you completed your 12th from Maharashtra, you will mostly be eligible for the Maharashtra state quota in colleges. Just living in Madhya Pradesh doesn’t usually make you eligible for the MP state quota unless you have an official domicile certificate from MP.
So, without MP domicile, you can apply under Maharashtra’s quota. If you have MP domicile, then you might be able to apply under MP quota too.
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