Economics Important Distinguish between for Board Exam HSC 12th Standard 100 % Sure.

Economics Important Distinguish between for Board Exam HSC 12th Standard 100 % Sure.

1.        Average Revenue and Average cost

2.        Central Bank and Commercial Bank.

3.        Convertible paper money and inconvertible paper money.

4.        Demand curve and supply curve

5.        Desire and demand

6.        Direct demand and Indirect demand.

7.        Direct Tax and Indirect Tax.

8.        Expansion of demand and Increase in demand.

9.        Extension of supply and contraction of supply.    

10. Gross domestic products at market price and Gross domestic product at factor cost.

11. Gross National Product and Net National Product

12. Total Cost and Total Revenue.
13. Increase in demand and decrease in demand.

14. Increase in supply and Decrease in supply.

15. Individual demand and Market demand

16. Individual supply and Market supply

17. Land and Capital

18. Legal tender money and Non – legal tender money.

19. Metallic money and paper money

20. Microeconomics and Macroeconomics.

21. Partial equilibrium and General equilibrium.

22. Percentage method of measuring elasticity of supply and Geometric method of measuring elasticity of supply.

23. Personal income and National Income

24. Place utility and Time utility.

25. Revenue budget and Capital budget.

26. Revenue expenditure and Capital Expenditure.

27. Slicing method and Lumping method.

28. Standard coins and Token Coins.

29. Stock and Supply.

30. Surplus budget and Deficit budget.