HSC Economics Question Bank 2026: Master Micro, Demand, and Supply
- Feb 19
- 4 min read
HSC Economics Question Bank 2026: Master Micro, Demand, and Supply
For students appearing in the Maharashtra Board HSC Examination 2026, Economics is often the "make-or-break" subject. Scoring a 90+ requires more than just reading the textbook; it demands a strategic approach to the HSC Economics Question Bank 2026. This year, the board has emphasized competency-based questions, making it vital to understand the "why" behind every law of demand and supply.
This guide provides a comprehensive analysis of the first four core units: Introduction to Micro Economics, Demand Analysis, Supply Analysis, and Forms of Market.
1. Introduction to Micro Economics: The Foundation
Micro economics is the study of individual economic units. In the HSC Economics Question Bank 2026, this chapter consistently carries a weightage of approximately 7 to 10 marks.
Key Concepts to Master:
Slicing Method: Unlike the lumping method in Macro, Micro "slices" the economy into small units.
Price Theory: Micro economics is primarily known as Price Theory because it explains how prices of goods and factors of production are determined.
Most Repeated Questions:
Explain the features of Micro economics. (4-8 Marks)
Discuss the scope and importance of Micro economics. (4 Marks)
Distinguish between: Slicing Method and Lumping Method. (2 Marks)
2. Demand Analysis: Predicting Consumer Behavior
Demand Analysis (Unit 3A) and Elasticity of Demand (Unit 3B) are the highest-weightage areas in the syllabus. You cannot skip these if you aim for a distinction.
Critical Formula Names for Revision:
Price Elasticity of Demand (Percentage Method)
Income Elasticity of Demand
Cross Elasticity of Demand
Total Outlay/Expenditure Method
Important Questions for 2026:
State and explain the Law of Demand with its exceptions. (8 Marks - Sure Shot)
Identify and explain the types of Demand (Direct, Indirect, Joint, Composite, Competitive).
Distinguish between: Variation in Demand vs. Changes in Demand.
3. Supply Analysis: The Producer's Perspective
While demand focuses on the buyer, supply focuses on the seller. This unit links directly to the production costs and market availability.
Key Formulas to Note:
Total Revenue Name
Average Revenue Name
Marginal Revenue Name
Total Cost and Marginal Cost Names
Important Questions for 2026:
State and explain the Law of Supply with its assumptions and exceptions.
Explain the Determinants of Supply (Technological changes, Cost of production, etc.).
Distinguish between: Individual Supply and Market Supply.
4. Forms of Market: Understanding Competition
In 2026, the board has shifted focus toward real-world applications of market structures. You must be able to identify which market a specific product (like salt or electricity) belongs to.
Key Market Features:
Perfect Competition: Large number of buyers/sellers, homogeneous products, single price.
Monopoly: Single seller, no close substitutes, price maker.
Monopolistic Competition: Product differentiation, heavy selling costs (Advertising).
Highly Expected Questions:
Explain the features of Perfect Competition. (4-8 Marks)
Define Monopoly and explain its various types (Natural, Legal, Social).
How is the Equilibrium Price determined under perfect competition? (Diagram is mandatory).
HSC Economics Question Bank 2026: Chapter-Wise Weightage
Chapter Name | Weightage (Marks) | Marks with Option |
Introduction to Micro & Macro Economics | 07 | 10 |
Utility Analysis | 07 | 10 |
Demand Analysis (3A) | 08 | 12 |
Elasticity of Demand (3B) | 08 | 12 |
Supply Analysis | 07 | 10 |
Forms of Market | 07 | 10 |
Official Resources and Question Banks
To ensure your preparation aligns with the latest board standards, always refer to the official portals. The HSC Economics Question Bank 2026 released by SCERT is the most authentic source for practice.
Maharashtra State Board Official Question Papers: Official Link
SCERT Maharashtra "Prashnapedhi" (Question Bank): SCERT Portal
Pro Tip: In the 2026 exam, ensure your diagrams for the Law of Demand and Supply are neatly labeled. Use a pencil for diagrams and a pen for the schedule/explanation to score full marks in long answers.
Conclusion
Preparing with the HSC Economics Question Bank 2026 is the most effective way to streamline your studies. By focusing on high-weightage chapters like Demand Analysis and Forms of Market, and practicing diagrams for the core Laws, you can confidently aim for an 80/80 in the theory paper. Stay updated with official notifications and keep revising the "Prashnapedhi" for the best results.
Frequently Asked Questions
Q1: Where can I download the official HSC Economics Question Bank 2026?
You can download the official question bank (Prashnapedhi) from the SCERT Maharashtra website at www.maa.ac.in. This bank contains the most relevant questions curated by board experts.
Q2: Which is the most important chapter in the HSC Economics Question Bank 2026?
Units 3A (Demand Analysis) and 3B (Elasticity of Demand) are the most critical, together carrying up to 24 marks with options. Mastering the Law of Demand is essential for passing with high marks.
Q3: Are the questions in the 2026 board exam taken directly from the question bank?
While the board exam often includes questions similar to the official question bank, it also features new application-based questions. Use the question bank for practice, but ensure you understand the core concepts.
Q4: How many marks are reserved for objectives in the Economics paper?
As per the 2026 pattern, 20 marks are dedicated to objective questions, including MCQs, identifying the odd word, and completing correlations.
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