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CISCEISC (Commerce) Class 12
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Frank Solutions for Economics [English] Class 12 ISC

CISCE Class 12 Economics Solutions Guide

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You can solve the Class 12 Economics Book Solutions CISCE textbook questions by using Shaalaa.com to verify your answers, which will help you practise better and become more confident.


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.

  • Section 1: MICROECONOMIC THEORY
  •  • 1: Microeconomics and Macroeconomics: Introduction
  •  • 2: Demand and Law of Demand
  •  • 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
  •  • 4: Elasticity of Demand
  •  • 5: Supply - Law of Supply and Price Elasticity of Supply
  •  • 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
  •  • 7: Laws of Returns - Returns to a Factor and Returns to Scale
  •  • 8: Cost and Revenue Analysis
  •  • 9: Forms of Market
  •  • 10: Producer's Equilibrium
  •  • 11: Determination of Equilibrium Price and Output Under Perfect Competition
  • SECTION 2: THEORY OF INCOME AND EMPLOYMENT
  •  • 12: Theory of Income and Employment
  • SECTION 3: MONEY AND BANKING
  •  • 13: Money: Meaning and Functions
  •  • 14: Banks: Commercial Bank and Central Bank
  • SECTION 4: BALANCE OF PAYMENTS AND EXCHANGE RATE
  •  • 15: Balance of Payments and Exchange Rate
  • SECTION 5: PUBLIC FINANCE
  •  • 16: Fiscal Policy
  •  • 17: Government Budget
  • SECTION 6: NATIONAL INCOME
  •  • 18: National Income and Circular Flow of Income
  •  • 19: National Income Aggregates
  •  • 20: Methods of Measuring National Income
  • SECTION 7: PROJECT WORK
  •  • 21: Project Work
  •  • 22: Model Short Answer Questions

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Frank Solutions for Economics [English] Class 12 ISC - Shaalaa.com
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Chapters covered in Frank Solutions for Economics [English] Class 12 ISC

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


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

Concepts covered in Demand and Law of Demand are Cardinal Approach (Utility Analysis), Conditions of Consumer's Equilibrium Using Marginal Utility Analysis, Consumer's Equilibrium, Demand, Demand Curve and Its Slope, Demand Function, Derivation of Demand Curve, Determinants of Demand, Diminishing Marginal Utility, Factor Affecting Demand, Indifference Curve, Indifference Map, Law of Equi-marginal Utility, Market Demand, Meaning of Utility, Movement Along and Shifts in the Demand Curve, Ordinal Approach (Utility Analysis), Properties of Indifference Curve, Relation Between Total, Average and Marginal Product, Total Utility and Marginal Utility.

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


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

Concepts covered in Elasticity of Demand are Degrees of Elasticity of Demand, Elasticity of Demand, Measurement of Elasticity of Demand, Type of Elasticity of Demand.

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 Concept of Supply - Supply Schedule and Supply Curve, Determinants of Supply, Difference Between Stock and Supply, Measurement of Price Elasticity of Supply - Geometric Method, Measurement of Price Elasticity of Supply - Percentage-change Method, Movements Along and Shifts in Supply Curve, Supply Curve and Schedule.

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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 Effects of Shifts in Demand and Supply, Equilibrium Price, Market Disequilibrium, Market Equilibrium, Price Ceiling, Price Floor, Rationing with Help of Demand and Supply Curves, Simple Applications of Demand and Supply.

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


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

Concepts covered in Cost and Revenue Analysis are Basic Concepts of Cost, Concept of Opportunity Cost, Concept of Producer's Equilibrium, Cost - Average Cost, Cost - Average Variable Cost, Cost - Fixed Cost, Cost - Marginal Cost, Cost - Total Cost, Cost -variable Cost, Meaning of Revenue, Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost, Relationships of Marginal Revenue and Total Revenue, Short Run Cost Curve and Long Run Cost Curves, Total, Average and Marginal Revenue.

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


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


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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 Average and Marginal Physical Products, Concept of Production, Law of Variable Proportions, Production Function, Production Function - Long-run, Production Function - Short-run, Returns to a Factor.

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


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

Concepts covered in Money: Meaning and Functions are Contingent Function, Meaning of Inflation, Meaning of Money, Meaning of Supply of Money, Primary Function, Secondary Functions.

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

Concepts covered in Banks: Commercial Bank and Central Bank are Cash Reserve Ratio (CRR), Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Central Bank Function - Goverment Bank, Definition - Central Bank, Function of Central Bank - Bank of Issue, Function of Commercial Banks, High Powered Money, Money Creation Or Credit Creation by the Commercial Banking System, Open Market Operations, Regulatory Role of the Central Bank, Repo Rate and Reverse Repo Rate, Statutory Liquidity Ratio (SLR).

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

Concepts covered in Balance of Payments and Exchange Rate are Concept of Balance of Payments Account, Concept of Foreign Exchange Rate, Concepts of Appreciation, Depreciation, Determination of Exchange Rate in a Free Market, Devaluation of a Currency.

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

Concepts covered in Fiscal Policy are Direct and Indirect Tax, Importance of Public Expenditure, Instruments of Fiscal Policy, Meaning of Deficit Financing, Meaning of Fiscal Policy, Meaning of Public Debt, Meaning of Public Expenditure, Meaning of Public Revenue, Meaning of Taxes, Public Debt - Redemption, Types of Taxes.

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

Concepts covered in Government Budget are Components of Budget, Deficit Budget - Primary Deficit, Implications of Revenue Deficit, Fiscal Deficit, Primary Deficit, Meaning of Government Budget, Measures of Government Deficit Or Surpluses, Types of Budget - State, Types of Budget - Union.

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

Concepts covered in National Income and Circular Flow of Income are Circular Flow of Income (Three and Four Sector Models), Circular Flow of Income (Two Sector Model).

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

Concepts covered in National Income Aggregates are Aggregates Related to National Income - Gross National Product (GNP), Aggregates Related to National Income - Net National Product (NNP), Aggregates Related to National Income - Personal Disposable Income, Aggregates related to National Income - Private Income, Concepts and Definition of NY, Gross and Net Domestic Product (GDP and NDP), National Disposable Income (Gross and Net), Parameters of Development - per Capita Income, Real GDP and Nominal GDP.

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

Concepts covered in Methods of Measuring National Income are Expenditure Method, Income Method, Methods of Calculating National Income - Value Added Or Product Method, Precautions and Difficulties of Measuring National Income Method, Simple Numericals Based on All the Methods.

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

Concepts covered in Project Work are Aggregates Related to National Income - Gross National Product (GNP), Aggregates Related to National Income - Net National Product (NNP), Aggregates Related to National Income - Personal Disposable Income, Aggregates related to National Income - Private Income, Average and Marginal Physical Products, Basic Concepts of Cost, Cardinal Approach (Utility Analysis), Cash Reserve Ratio (CRR), Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Central Bank Function - Goverment Bank, Circular Flow of Income (Three and Four Sector Models), Circular Flow of Income (Two Sector Model), Components of Budget, Concept of Balance of Payments Account, Concept of Foreign Exchange Rate, Concept of Opportunity Cost, Concept of Producer's Equilibrium, Concept of Production, Concept of Supply - Supply Schedule and Supply Curve, Concepts and Definition of NY, Concepts of Appreciation, Conditions of Consumer's Equilibrium Using Marginal Utility Analysis, Consumer's Equilibrium, Contingent Function, Cost - Average Cost, Cost - Average Variable Cost, Cost - Fixed Cost, Cost - Marginal Cost, Cost - Total Cost, Cost -variable Cost, Deficit Budget - Primary Deficit, Definition - Central Bank, Degrees of Elasticity of Demand, Demand, Demand Curve and Its Slope, Demand Function, Depreciation, Derivation of Demand Curve, Determinants of Demand, Determinants of Supply, Determination of Exchange Rate in a Free Market, Devaluation of a Currency, Difference Between Stock and Supply, Diminishing Marginal Utility, Direct and Indirect Tax, Effects of Shifts in Demand and Supply, Elasticity of Demand, Equilibrium Price, Expenditure Method, Factor Affecting Demand, Function of Central Bank - Bank of Issue, Function of Commercial Banks, Gross and Net Domestic Product (GDP and NDP), High Powered Money, Implications of Revenue Deficit, Fiscal Deficit, Primary Deficit, Importance of Public Expenditure, Income Method, Indifference Curve, Indifference Map, Instruments of Fiscal Policy, Law of Equi-marginal Utility, Law of Variable Proportions, Market Demand, Market Disequilibrium, Market Equilibrium, Meaning of Deficit Financing, Meaning of Fiscal Policy, Meaning of Government Budget, Meaning of Inflation, Meaning of Money, Meaning of Public Debt, Meaning of Public Expenditure, Meaning of Public Revenue, Meaning of Revenue, Meaning of Supply of Money, Meaning of Taxes, Meaning of Utility, Measurement of Elasticity of Demand, Measurement of Price Elasticity of Supply - Geometric Method, Measurement of Price Elasticity of Supply - Percentage-change Method, Measures of Government Deficit Or Surpluses, Methods of Calculating National Income - Value Added Or Product Method, Money Creation Or Credit Creation by the Commercial Banking System, Movement Along and Shifts in the Demand Curve, Movements Along and Shifts in Supply Curve, National Disposable Income (Gross and Net), Open Market Operations, Ordinal Approach (Utility Analysis), Parameters of Development - per Capita Income, Precautions and Difficulties of Measuring National Income Method, Price Ceiling, Price Floor, Primary Function, Production Function, Production Function - Long-run, Production Function - Short-run, Properties of Indifference Curve, Public Debt - Redemption, Rationing with Help of Demand and Supply Curves, Real GDP and Nominal GDP, Regulatory Role of the Central Bank, Relation Between Total, Average and Marginal Product, Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost, Relationships of Marginal Revenue and Total Revenue, Repo Rate and Reverse Repo Rate, Returns to a Factor, Secondary Functions, Short Run Cost Curve and Long Run Cost Curves, Simple Applications of Demand and Supply, Simple Numericals Based on All the Methods, Statutory Liquidity Ratio (SLR), Supply Curve and Schedule, Total, Average and Marginal Revenue, Total Utility and Marginal Utility, Type of Elasticity of Demand, Types of Budget - State, Types of Budget - Union, Types of Taxes.

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

Concepts covered in Model Short Answer Questions are Aggregates Related to National Income - Gross National Product (GNP), Aggregates Related to National Income - Net National Product (NNP), Aggregates Related to National Income - Personal Disposable Income, Aggregates related to National Income - Private Income, Average and Marginal Physical Products, Basic Concepts of Cost, Cardinal Approach (Utility Analysis), Cash Reserve Ratio (CRR), Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Central Bank Function - Goverment Bank, Circular Flow of Income (Three and Four Sector Models), Circular Flow of Income (Two Sector Model), Components of Budget, Concept of Balance of Payments Account, Concept of Foreign Exchange Rate, Concept of Opportunity Cost, Concept of Producer's Equilibrium, Concept of Production, Concept of Supply - Supply Schedule and Supply Curve, Concepts and Definition of NY, Concepts of Appreciation, Conditions of Consumer's Equilibrium Using Marginal Utility Analysis, Consumer's Equilibrium, Contingent Function, Cost - Average Cost, Cost - Average Variable Cost, Cost - Fixed Cost, Cost - Marginal Cost, Cost - Total Cost, Cost -variable Cost, Deficit Budget - Primary Deficit, Definition - Central Bank, Degrees of Elasticity of Demand, Demand, Demand Curve and Its Slope, Demand Function, Depreciation, Derivation of Demand Curve, Determinants of Demand, Determinants of Supply, Determination of Exchange Rate in a Free Market, Devaluation of a Currency, Difference Between Stock and Supply, Diminishing Marginal Utility, Direct and Indirect Tax, Effects of Shifts in Demand and Supply, Elasticity of Demand, Equilibrium Price, Expenditure Method, Factor Affecting Demand, Function of Central Bank - Bank of Issue, Function of Commercial Banks, Gross and Net Domestic Product (GDP and NDP), High Powered Money, Implications of Revenue Deficit, Fiscal Deficit, Primary Deficit, Importance of Public Expenditure, Income Method, Indifference Curve, Indifference Map, Instruments of Fiscal Policy, Law of Equi-marginal Utility, Law of Variable Proportions, Market Demand, Market Disequilibrium, Market Equilibrium, Meaning of Deficit Financing, Meaning of Fiscal Policy, Meaning of Government Budget, Meaning of Inflation, Meaning of Money, Meaning of Public Debt, Meaning of Public Expenditure, Meaning of Public Revenue, Meaning of Revenue, Meaning of Supply of Money, Meaning of Taxes, Meaning of Utility, Measurement of Elasticity of Demand, Measurement of Price Elasticity of Supply - Geometric Method, Measurement of Price Elasticity of Supply - Percentage-change Method, Measures of Government Deficit Or Surpluses, Methods of Calculating National Income - Value Added Or Product Method, Money Creation Or Credit Creation by the Commercial Banking System, Movement Along and Shifts in the Demand Curve, Movements Along and Shifts in Supply Curve, National Disposable Income (Gross and Net), Open Market Operations, Ordinal Approach (Utility Analysis), Parameters of Development - per Capita Income, Precautions and Difficulties of Measuring National Income Method, Price Ceiling, Price Floor, Primary Function, Production Function, Production Function - Long-run, Production Function - Short-run, Properties of Indifference Curve, Public Debt - Redemption, Rationing with Help of Demand and Supply Curves, Real GDP and Nominal GDP, Regulatory Role of the Central Bank, Relation Between Total, Average and Marginal Product, Relationship Between Average Variable Cost and Average Total Cost and Marginal Cost, Relationships of Marginal Revenue and Total Revenue, Repo Rate and Reverse Repo Rate, Returns to a Factor, Secondary Functions, Short Run Cost Curve and Long Run Cost Curves, Simple Applications of Demand and Supply, Simple Numericals Based on All the Methods, Statutory Liquidity Ratio (SLR), Supply Curve and Schedule, Total, Average and Marginal Revenue, Total Utility and Marginal Utility, Type of Elasticity of Demand, Types of Budget - State, Types of Budget - Union, Types of Taxes.

Frank Solutions for Economics [English] Class 12 ISC

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.

Shaalaa provides free Frank solutions for Economics [English] Class 12 ISC. Shaalaa has carefully crafted Frank solutions for Class 12 Economics that can help you understand the concepts and learn how to answer properly in your board exams. You can also share our link for free Class 12 Economics Frank solutions with your classmates.

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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.

Shaalaa provides a free Frank answer guide for Economics Class 12, CISCE. Shaalaa has carefully crafted Frank solutions for the Class 12 Economics to help you understand the concepts and adequately answer questions in your board exams.

If you have any doubts while going through our Class 12 Economics Frank solutions, you can go through our Video Tutorials for Economics. The tutorials help you better understand the concepts.

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Frank Class 12 Economics Guide Book Back Answers

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Comprehensive Frank Solutions for CISCE Economics Class 12 Guide

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Our CISCE Frank solutions for Economics Class 12 cover everything from Microeconomics and Macroeconomics: Introduction, Demand and Law of Demand, Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis, Elasticity of Demand, Supply - Law of Supply and Price Elasticity of Supply, Market Mechanism: Equilibrium Price and Quantity in a Competitive Market, Laws of Returns - Returns to a Factor and Returns to Scale, Cost and Revenue Analysis, Forms of Market, Producer's Equilibrium, Determination of Equilibrium Price and Output Under Perfect Competition, Theory of Income and Employment, Money: Meaning and Functions, Banks: Commercial Bank and Central Bank, Balance of Payments and Exchange Rate, Fiscal Policy, Government Budget, National Income and Circular Flow of Income, National Income Aggregates, Methods of Measuring National Income, Project Work, Model Short Answer Questions and the other topics.

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