Class 12 Economics | All Chapters | Important Questions| Syllabus | Model Question Pattern Explained

This video is all about the full course review of class 12 Economics. We have explained the entire chapter according to the syllabus designed by NEB in Nepali. There are three Groups in the model question each carrying 11, 40 and 24 marks respectively. There are 6 units and altogether 13 chapters.
The first unit includes chapter 1 only, i.e., Basic Concept of Economics and Distribution of Resources. This chapter includes topics like Scarcity, Opportunity Cost PPC (Production Possibility Curve), Divison of Labor and Specialization, Distribution of Resources and Economic systems (Capitalist, Socialist and Mixed).
Chapter 2 is about the Market and Revenue Curve where students need to prepare the topics like Market and Types of Market Stricture Perfect Competition, Oligopoly, Monopoly and Monopolistic Competition. Another important question is from the topic Derivation of AR and MR from TR under Perfect Completion and Monopoly market from this chapter.
Chapter 3 is about the Cost Curve which includes the concept of cost (Explicit, Implicit, Fixed, Variable, Total, Average and Marginal Cost) as well as TC, AC and MC and their derivation.
Chapter 4 is about Theory of Price and Output Determination where students need to prepare for long questions carrying 8 marks. The most important topic from this chapter is Price and Output Determination under Monopoly and Perfect Competition. Further, the characteristics of Monopoly and Perfect Competition is also important.
Chapter 5 is about the Theory of Factor Pricing where we have to study the theories related to Rent, Wages, Interest and Profit. As per the class 12 Economics new syllabus, we have to study Ricardian Theory of Rent, Subsistence Theory of Wages, Wage Fund Theory of Wage, Classical Theory of Interest, Risk Bearing Theory of Profit and Uncertainty Bearing Theory of Profit.
In chapter 6, we have to study the Role of the Banking system in the Economy Classification of Banks. The most important topic is the functions of Central bank and Commercial Banks. Other topics are the classification of Banks, Money Market and Capital Market, Monetary Policy and so on.
Chapter 7 is named “Government Finance” where the crucial topics are Concept and Importance of Government Finance, Classification of Government Expenditure, Types of Taxes, Merits of Good Tax System, Government Revenue, Government Borrowing, Meaning of Budget and Stages of Budget Formulation in Nepal.
From Chapter 8 which is about International Trade we need to cover the topics like Concept and Importance of International Trade, Balance of Trade and Balance of Payment (BOP), Measures to reduce Trade Deficit, Meaning of Exchange Rate, Free Trade (Merits and Demerits) and Protection (Merits and Demerits).
Moving towards Chapter 9, we need to prepare about the Development Economy including Poverty, Inequality, Unemployment (Types, Causes and Measures to Create Employment), the Present position of the population of Nepal, Human resources and various Indicators of Human Development including HDI
Similarly, Chapter 10 is about Foreign Trade and Foreign Employment of Nepal which has played a crucial role in the Nepalese economy. We also need to prepare for the topics like Foreign Trade of Nepal, Problems of Foreign Trade in Nepal, WTO, SAFTA, Remittance and so on.
Chapter 11 is about Development Planning in Nepal whereas Chapter 12 is about Goals of Sustainable Development. Students need to prepare for numerical problems from chapter 13 including Price Index, Standard Deviation, Mean, etc. Other theoretical topics from this chapter Quantitative Techniques in Economics are Statistics (Definition, Areas, Scope and Limitation) Data Collection and Types of Data (Primary and Secondary Data), and Methods of collection of Primary and Secondary Data
#class12economics #Economicsclass12 #Economicsgurubaa
Our Location - Chabahil Mitrapaark (PipalBot) Kumari Building 6th Floor
Contact No : 9802325036/37 , 9813441006

Join Guru Baa Official Facebook Group :

Like us on facebook

[prakritikatwal]

Thankyou sir for always giving us hope at the last moment 🙏❤️you are the true inspiration for all mgmt students 💫

[GamingWithPropOfficial]

Thank you Guruba
Sending Love from morang ❤️

[mringtone]

Study Study Study
I don't like it I avoid

But when guruba teaches, I can't avoid 😌😍💚

[prachitgaire]

Thank you guruba for everything that you have done for us i really dont want to say much about myself specifically in social medias or digital platforms i am batelling with depression for a long time.. i feel so hopeless about myself... i feel like i am worthless and i cant do anything especially when i was about to study my mind revolves around so many thoughts that always want to lay me down.. i am not scoring good marks as well due to my mental health conditions i have discovered you and i feel so confident that i can acheive my goals thank you so much form the button of my heart i really appricate your hardwork and anybody out there who is dealing same like me dont worry you are not the only one one day everything will be okay chase your dreams take care of yourself if someone ever tells you you are ugly dont ever belive their words look is just an attraction your character matter the most your attitude matters god creates you for a reason your mom loves you ❤💫 stay focus on your study you will achieve what you want just a little push everyday hardwork today will leads us towards our destiny tomorrow god bless you all best of luck you can acheive all you have to do is dream and have a strength to fulfill that dream dont let the negativity control over on you .. thats okay to not be okay too 🙂

[shivanibista]

I'm very glad to have a teacher like you sir 😊 thank you for helping in every step ☺️

[poudelaachal]

Thank you guruba
You're the living god for all of us.

You are the best teacher ❤️

[kreesaneupane_]

Thank you for your dedication, organization, enthusiasm and hard work!🥰🙏🥰Thank you for all your hard work on this....🤗🤗

[cold]

You're a legit big respect for you❤ you aren't only saving student from failure youre saving their hope

[kabitashrestha]

Thank you so much sir for your effort to help us
we really appreciated it.❤️

[sampadamrsh]

Thankyou sir for your dedication ! we appreciate you for your effort in hard work too help us ✅😊🖤#bestwishesforclass12🌼

[joyboygaming]

Thank you guruba
It will be helpful
And can u plz cover English too
🙏🙏
And hope u will upload p&l account from multi statement soon

[crazyperson]

few weeks ago i lose my Hope an account sub but my friend recommend me to watching your videos than now i think i got <80%
thanks sir for being such a better teacher ❤️

[musiccompany]

All words or explanation is golden for us❤💫
Hope you get better future🥰💫

[mrdip]

Hello sir thanks for your efforts to help us
We really appreciate it ❤️

[prabinkarki]

Hlo sir can you make the video about business finance for class 12 ❤️❤️ Grid also not publish for these business finance plz sir make the video about this subject

[laxmioliofficial]

Thank you guruba ❤️for ur each & every efforts to us!🦋❤️

[ameeshaadhikari]

Really appreciate your efforts towards us thank you gurubaa ❤️

[dikshyagiriofficial]

Really appreciate your effort sir !! Thankyou so much ❤️

[hyperman]

Thank you my best teacher (guruba )
You are like heart beat for us (management student )🤗

[Katsumi_lov_cats]

isnt the que from chapter 8 (comparative cost of theory of international trade) also important ?