CBSE Class 12 Economics 2018 – Paper Analysis & Review

The students of Class 12 appeared for their Economics paper today, March 26, under the ongoing Central Board of Secondary Examination (CBSE). We bring you CBSE Class 12 Economics 2018 – Paper Analysis & Review.

The paper consists of two sections. Section A consists of Microeconomics questions and Section B consists of Macroeconomics questions. Each section consists of 40 marks each. A student can obtain a maximum of 80 marks within an allotted time of 3 hours.

Marking Scheme & Chapter Distribution (Weightage) for CBSE Class 12 Economics 2018

Chapter Name Weightage in terms of marks (2017) Weightage in terms of marks (2018)
Introduction to Microeconomics 3 1+3+3 = 7
Theory of Consumer Behaviour 1+1+1+3+3+3+4+4+6 = 26 3+4+4+6 = 17
Production and Costs 4+6 = 10 1+1+1+6 = 9
The Theory of Firm Under Perfect Competition 1+4+6 = 11 4
Market Equilibrium 6 4
Non-Competitive Market 1+6 = 7 6+6 = 12
Introduction to Macroeconomics
National Income Accounting 3+6+6 = 15 1+3+3+6 = 13
Money and Banking 1+3+3+4+4 = 15 1+1+4 = 6
Income Determination 1+1+4+6 = 12 3+4+4+4 = 15
Government Budget and the Economy 1+3+4 = 8 1+6+6 = 13
Open Economy Macroeconomics 1+6+6 = 13 6

Note: In the analysis above, the total number of marks is equal to 106(13 marks extra from each section) as it includes the optional questions as well.

Overview of CBSE Class 12 Economics 2018 – Paper Analysis & Review

  • According to our analysis, 35/40 is achievable in each section. Hence, a score of 65+/80 is easily achievable with many students being able to cross 70.
  • The weightage of marks was almost evenly distributed with less weightage on open economy macroeconomics and money and banking as compared to the previous years’ paper.
  • Overall, the level of the paper was easy.

What did students think?

  • Students found the questions to be direct
  • The paper was not lengthy and could be completed well before the allotted time.
  • Many students were able to complete the paper by 12 p.m. (one hour before the total allotted time)
  • The students expected a difficult exam but were pleasantly surprised and found the exam easy and high scoring.

For more information CBSE Class 12 follow us here.

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