ISC Class 12 Economics Answer Key 2023 (Available): Question Paper Analysis, Student Reviews

Chinmayai Bobade

Updated On: February 24, 2023 06:06 pm IST

For the ISC Class 12 Economics 2023 paper conducted on February 24, 2023, obtain the student reviews and detailed question paper analysis here. ISC Economics 2023 answer key has also been added here.
ISC Class 12 Economics Question Paper Analysis 2023 Live UpdatesISC Class 12 Economics Question Paper Analysis 2023 Live Updates

ISC Economics 2023 Analysis: The expert question paper analysis, opinions of the candidates on the paper, as well as the complete answer key to the objective part of the paper is now available on this page for ISC Economics 2023 exam. The Economics paper for ISC 12th 2023 was conducted today, February 24, 2023, from the shift of 2 PM to 5 PM. The paper had three sections: Section A (16 marks) having objective answers, Section B (32 marks) for short answer questions, and Section C (32 marks) consisting of long answer questions only.

ISC Class 12 Economics Answer Key 2023

The responses to today's objective section of ISC 12th Economics 2023 question paper is published here:

Question 1 (Section A)
(i) (b)Total unity
(ii) (b) less than one
(iii) (d) Price of the commodity of the firm remains constant
(iv) (c) Complementary goods
(v) (d) Poor weather conditions
(vi) (a) fall
(vii) (d) total income expenditure which changes with change in national income
(viii) (a) All paper currency is inconvertible money

ISC Class 12 Economics 2023: Student Reviews

The initial reactions of students to ISC 12th Economics paper as well as its other key highlights are being posted below:

  • The paper was reported to be of a 'Moderate' difficulty level as it was expected to be.
  • "I'd say most of the paper was okay, pretty balanced, with only a few tough or tricky questions. But that is expected," a candidate from Delhi said. "I found the last section to be tough."
  • "The MCQs and other one-mark questions were easy and quick. Section B was a bit lengthy and Section C was a bit tricky," another student expressed. "The case-based question was moderate. I won't say it was too difficult but it wasn't very easy either."

ISC Class 12 Economics Question Paper Analysis 2023

In the table below, students would get a full analysis of today's ISC Class 12 2023 Economics paper. The evaluation is based on the expert opinions.

Parameter Analysis
Overall difficulty level of the paper Moderate
Difficulty level of Section A Easy to Moderate
Expected good score in Section A 13+
Difficulty level of Section B Moderate
Expected good score in Section B 27+
Difficulty level of Section C Slightly above Moderate
Difficulty level of case-based question (Section C) Moderate
Expected good score in Section C 25+
Was the paper lengthy? Yes, it was somewhat lengthy. However, if focused answers were given in Section B mainly, it could be conviniently in time.
Overall expected good score 65+

Also Read | ISC Class 12 Result Date 2023

    Stay tuned to the live blog below for all the latest developments on the ISC Economics 2023 exam, whether regarding its reviews, answer keys, or other essential updates:

    ISC Class 12 Economics Question Paper Analysis 2023 LIVE Updates

    • 06 05 PM IST - 24 Feb'23

      ISC Economics Answer Key 2023 Available

      You can now check ISC Economics 2023 answer key for the objective part of the paper above. The reviews and analysis are also available. The difficulty level of MCQs was easy.

    • 05 35 PM IST - 24 Feb'23

      ISC Economics Question Paper Analysis 2023 Analysis Out

      The candidate reviews and the subject expert analysis is now available above. ISC economics answer key will soon be posted as well.

    • 05 20 PM IST - 24 Feb'23

      ISC Economics Analysis 2023: Difficulty level as expected

      As expected, ISC economics 2023 paper's difficulty level was reported to be 'Moderate'. A few questions were somewhat tricky but the majority of the paper was doable and well-balanced. 

    • 05 10 PM IST - 24 Feb'23

      ISC 12th Economics Analysis 2023: Business Studies paper on March 1

      The next major paper for the commerce stream is Business Studies. ISC 12th business studies paper will be held in the same shift as today on Wednesday, March 01, 2023. Students can find the weightage distribution to be useful for their preparation. The link to it is attached below:

    • 05 00 PM IST - 24 Feb'23

      ISC Economics 2023 Paper Concludes

      ISC 12th economics paper has now concluded. Students will anytime soon leave their examination centres and give their reviews on the paper.

    • 04 50 PM IST - 24 Feb'23

      ISC Economics Analysis, Answer Key 2023

      Shortly after the exam ends, ISC economics answer key and analysis by the subject teachers will be provided here. You may also find the reviews by the students here.

    • 04 40 PM IST - 24 Feb'23

      ISC Class 12 Economics Analysis 2023: 'Moderate' difficulty level expected

      As per the criteria by the board, it is intended that the average difficulty level of the paper is usually set to be moderate, with some questions very easy, most of the questions moderate, and very few questions to be tough. ISC economics paper is generally reported to be moderate as well and the same is expected this year.

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