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Frank Solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ आईएससी

CISCE Class 12 Economics Solutions Guide

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CISCE Class 12 Economics Textbook Solutions

Questions and answers for the Class 12 Economics Textbook are on this page. Frank Solutions for Class 12 Economics Digest CISCE will help students understand the concepts better.


Frank Solutions for Class 12 Economics Chapterwise List | Class 12 Economics Digest

The answers to the Frank books are the best study material for students. Listed below are the chapter-wise Frank Economics Class 12 Solutions CISCE.

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Frank Solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ आईएससी - Shaalaa.com
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Chapters covered in Frank Solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ आईएससी

Frank Solutions for Class 12 Economics (12th) 1: Microeconomics and Macroeconomics: Introduction

Concepts covered in Microeconomics and Macroeconomics: Introduction are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.

Frank Solutions for Class 12 Economics (12th) 2: Demand and Law of Demand

Concepts covered in Demand and Law of Demand are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.

Frank Class 12 Economics (12th) 2: Demand and Law of Demand exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS11825 to 29

Frank Solutions for Class 12 Economics (12th) 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis

Concepts covered in Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis are Assumptions of Indifference Curve Analysis, Cardinal Utility Analysis / Marginal Utility Analysis, Change in Demand – Shift in Demand Curve, Comparison of Utility Theory and Indifference Curve Theory, Concept of Utility, Consumer's Equilibrium through Cardinal Utility Approach, Consumer's Equilibrium through Indifference Curve Approach, Cross Price Effects, Demand Curve, Demand Function, Demand Schedule, Determinants of Demand, Difference Between Contraction and Decrease in Demand, Difference Between Extension and Increase in Demand, Exceptions of the Law of Diminishing Marginal Utility, Exceptions of the Law of Equi-marginal Utility, Exceptions to the Law of Demand, Features of Demand, Features of Utility, Forms of Utility, Impact of Tastes and Preferences on Demand for a Commodity, Importance of the Law of Demand, Importance of the Law of Diminishing Marginal Utility, Importance of the Law of Equi-marginal Utility, Indifference Curve, Indifference Map, Indifference Schedule, Individual Demand Curve to Market Demand Curve, Industry Demand Vs Firm Demand, Introduction to Demand, Introduction to Microeconomics and Macroeconomics, Law of Demand, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Linear Demand Curve, Macroeconomics, Macroeconomics Vs Microeconomics, Marginal Rate of Substitution (MRS), Meaning of Demand, Microeconomics, Movement Along the Demand Curve, Ordinal Utility Analysis/Indifference Curve Analysis, Price Line or Budget Line, Properties of Indifference Curves, Quantity Demanded and Demand, Reasons for the Downward Slope of the Demand Curve, Relationship Between Income and Demand, Relationship Between Marginal Rate of Substitution and Marginal Utility, Relationship Between Total Utility and Marginal Utility, Slope of the Demand Curve, Total Utility and Marginal Utility, Types of Demand, Types of Marginal Utility.

Frank Class 12 Economics (12th) 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS7348 to 51

Frank Solutions for Class 12 Economics (12th) 4: Elasticity of Demand

Concepts covered in Elasticity of Demand are Arc Elasticity of Demand, Classification of Price Elasticity - Degrees of Price Elasticity of Demand, Cross Elasticity of Demand, Factors Affecting Price Elasticity of Demand, Importance of Cross Elasticity of Demand, Importance of Elasticity of Demand, Importance of Income Elasticity, Income Elasticity of Demand, Introduction to Elasticity of Demand, Limitations of Cross Elasticity of Demand, Meaning and Types of Elasticity of Demand, Methods of Measuring Price Elasticity of Demand, Numerical Problems of Price Elasticity of Demand, Percentage or Proportionate Method, Point Method (Geometric Method), Price Elasticity of Demand, Revenue Method, Total Expenditure Method, Types of Income Elasticity of Demand, Туpes of Cross Elasticity of Demand.

Frank Class 12 Economics (12th) 4: Elasticity of Demand exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS9771 to 75
NUMERICAL QUESTIONS1275

Frank Solutions for Class 12 Economics (12th) 5: Supply - Law of Supply and Price Elasticity of Supply

Concepts covered in Supply - Law of Supply and Price Elasticity of Supply are Categories (Degrees) of Elasticity of Supply, Concept of Supply, Contraction of Supply and Decrease in Supply, Derivation of Market Supply Curve From Individual Supply Curves, Determinants of Elasticity of Supply, Determinants of Supply, Distinction Between Supply and Stock, Elasticity of Supply, Exceptions to the Law of Supply, Expansion of Supply and Increase in Supply, Explanation of the Law of Supply, Importance of Elasticity of Supply, Individual and Market Supply, Law of Supply, Meaning and Types of Elasticity of Demand, Measurement of Elasticity of Supply > Geometric or Point Method, Measurement of Elasticity of Supply > Percentage Method, Movement Along the Supply Curve Or Expansion and Contraction of Supply, Price Elasticity of Supply, Shift of the Supply Curve or Change in Supply, Supply Curve, Supply Function, Supply Schedule, Time Period and Supply.

Frank Class 12 Economics (12th) 5: Supply - Law of Supply and Price Elasticity of Supply exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS10295 to 99
NUMERICAL QUESTIONS499

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Frank Solutions for Class 12 Economics (12th) 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market

Concepts covered in Market Mechanism: Equilibrium Price and Quantity in a Competitive Market are Applications of Tools of Demand and Supply Price Control, Assumptions and Conditions of Perfect Competition, Basic Concepts of Equilibrium and Equilibrium Price, Changes in Equilibrium, Comparison between Market Price and Normal Price, Determination of Equilibrium Prices, Effects of Changes (Shifts) in Demand on Equilibrium Price and Equilibrium Quantity, Effects of Changes (Shifts) in Supply on Equilibrium Price and Equilibrium Quantity, Effects of Simultaneous Changes (Shifts) in Demand and Supply, Equilibrium Price and Quantity in a Competitive Market, Importance of the Element in the Determination of Price, Important Areas of Applications of Tools of Demand and Supply Curves, Introduction to Market Mechanism, Meaning of Perfect Competition, Minimum Price Legislation or Floor Price, Mаximum Price Legislation or Price Ceiling and Rationing, Normal Price and Law of Returns, Practical Applications of Tools of Demand and Supply Analysis, Pure and Perfect Competition, Some Special Cases of Equilibrium, Time Element in the Theory of Price Determination.

Frank Class 12 Economics (12th) 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS90112 to 116

Frank Solutions for Class 12 Economics (12th) 7: Laws of Returns - Returns to a Factor and Returns to Scale

Concepts covered in Laws of Returns - Returns to a Factor and Returns to Scale are Applicability of the Law of Variable Proportions, Assumptions of the Law of Variable Proportions, Changes in Production, Concept of Indivisibility, Concept of Production, Conditions Or Causes of Applicability, Diseconomies of Scale, Economies of Scale, Explanation of the Law of Variable Proportions, Factors of Production, Features of Production Function, Illustration of the Law of Variable Proportions, Law of Variable Proportions, Law of Variable Proportions and Returns to Scale Compared, Product, Production Function, Relationship between Average Product (AP) and Marginal Product (MP), Relationship between Total Product (TP) and Marginal Product (MP), Returns to a Factor - Laws of Returns to a Variable Factor, Returns to a Factor or Law of Returns, Scale of Production, Short-run and Long-run, Some Basic Concepts - Total, Average and Marginal Physical Products, Stages of Operation and the Decision to Produce, Statement of the Law of Variable Proportions, Three Stages of Production, Types of Production Functions, Variation of Output in the Long Run - Returns to Scale.

Frank Class 12 Economics (12th) 7: Laws of Returns - Returns to a Factor and Returns to Scale exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS68130 to 132

Frank Solutions for Class 12 Economics (12th) 8: Cost and Revenue Analysis

Concepts covered in Cost and Revenue Analysis are Average Cost Curves, Behaviour of Revenue Under Different Market Structures, Different Cost Concepts, Economic Cost, Fixed Cost and Variable Cost, Introduction to Cost of Production, LAC Curve U-shaped - Economies and Diseconomies of Scale, Long-run Average Cost (LAC) Curve, Long-Run Cost Curves, Long-run Marginal Cost (LMC) Curve, Marginal Cost (MC), Money Cost Or Accounting Cost / Explicit Cost, Numerical Problems Long-run Cost Curves, Numerical Problems of Revenue, Opportunity Cost, Private and Social Cost, Real Cost, Relationship between Average and Marginal Cost, Relationship Between Total, Average and Marginal Revenues Under Perfect Competition, Relationship Between Total, Average and Marginal Revenue Under Imperfect Competition, Revenue Concepts, Significance of Revenue Curve, Total Cost Curves.

Frank Class 12 Economics (12th) 8: Cost and Revenue Analysis exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS141159 to 163
NUMERICAL QUESTIONS15163 to 165

Frank Solutions for Class 12 Economics (12th) 9: Forms of Market

Concepts covered in Forms of Market are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.

Frank Class 12 Economics (12th) 9: Forms of Market exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS115181 to 185

Frank Solutions for Class 12 Economics (12th) 10: Producer's Equilibrium

Concepts covered in Producer's Equilibrium are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.

Frank Class 12 Economics (12th) 10: Producer's Equilibrium exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS21192

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Frank Solutions for Class 12 Economics (12th) 11: Determination of Equilibrium Price and Output Under Perfect Competition

Concepts covered in Determination of Equilibrium Price and Output Under Perfect Competition are Bilateral Monopoly, Classification of Market Structure, Comparison between different forms of market, Concept of Market, Concept of Monopsony, Demand Curves of Firms under Different Market Forms, Duopoly, Factors Determining Market / Extent of Market, Market Structure, Monopolistic Competition, Monopoly, Oligopoly, Other Forms of Market, Perfect Competition.

Frank Class 12 Economics (12th) 11: Determination of Equilibrium Price and Output Under Perfect Competition exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS32198 to 200

Frank Solutions for Class 12 Economics (12th) 12: Theory of Income and Employment

Frank Class 12 Economics (12th) 12: Theory of Income and Employment exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS118228 to 232
NUMERICAL QUESTIONS12232 to 233
Thinking Beyond5233

Frank Solutions for Class 12 Economics (12th) 13: Money: Meaning and Functions

Frank Class 12 Economics (12th) 13: Money: Meaning and Functions exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS61246 to 248

Frank Solutions for Class 12 Economics (12th) 14: Banks: Commercial Bank and Central Bank

Frank Class 12 Economics (12th) 14: Banks: Commercial Bank and Central Bank exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS80272 to 275

Frank Solutions for Class 12 Economics (12th) 15: Balance of Payments and Exchange Rate

Frank Class 12 Economics (12th) 15: Balance of Payments and Exchange Rate exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS95294 to 298

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Frank Solutions for Class 12 Economics (12th) 16: Fiscal Policy

Frank Class 12 Economics (12th) 16: Fiscal Policy exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS101324 to 326

Frank Solutions for Class 12 Economics (12th) 17: Government Budget

Frank Class 12 Economics (12th) 17: Government Budget exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS79343 to 346

Frank Solutions for Class 12 Economics (12th) 18: National Income and Circular Flow of Income

Frank Class 12 Economics (12th) 18: National Income and Circular Flow of Income exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS49361 to 363

Frank Solutions for Class 12 Economics (12th) 19: National Income Aggregates

Frank Class 12 Economics (12th) 19: National Income Aggregates exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS93380 to 384

Frank Solutions for Class 12 Economics (12th) 20: Methods of Measuring National Income

Frank Class 12 Economics (12th) 20: Methods of Measuring National Income exercises

ExerciseNo. of questionsPages
TEST YOURSELF QUESTIONS83407 to 411
NUMERICAL PROBLEMS26411 to 417

Frank Solutions for Class 12 Economics (12th) 21: Project Work

Frank Class 12 Economics (12th) 21: Project Work exercises

ExerciseNo. of questionsPages
PROJECT 111423 to 424
PROJECT 25425 to 426
PROJECT 39429 to 430
PROJECT 411433
PROJECT 57435
PROJECT 67438 to 439
PROJECT 76442 to 443
PROJECT 810448

Frank Solutions for Class 12 Economics (12th) 22: Model Short Answer Questions

Frank Class 12 Economics (12th) 22: Model Short Answer Questions exercises

ExerciseNo. of questionsPages
MODEL SHORT ANSWER QUESTIONS358449 to 496

Frank Solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ आईएससी

Class 12 Frank solutions answers all the questions given in the Frank textbooks in a step-by-step process. Our Economics tutors have helped us put together this for our Class 12 Students. The solutions on Shaalaa will help you solve all the Frank Class 12 Economics questions without any problems. Every chapter has been broken down systematically for the students, which gives fast learning and easy retention.

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Frank Solutions for Class 12 Economics CISCE

Class 12 Frank Solutions answer all the questions in the Frank textbooks in a step-by-step process. Our Economics tutors helped us assemble this for our Class 12 students. The solutions on Shaalaa will help you solve all the Frank Class 12 Economics questions without any problems. Every chapter has been broken down systematically for the students, which gives them fast learning and easy retention.

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