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    Model Question Paper Time: 2.45 Hours Hseii Economics Marks: 80

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    sharathk916
    This document contains a model question paper for an economics exam with 26 multiple choice and short answer questions covering various microeconomics and macroeconomics concepts. The questions assess understanding of topics such as demand and supply, national income accounting, cost and revenue curves, consumption functions, monetary policy, budget lines, price elasticity of demand, and more.

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    Model Question Paper Time: 2.45 Hours Hseii Economics Marks: 80

    Uploaded by

    sharathk916
    24 views4 pages
    This document contains a model question paper for an economics exam with 26 multiple choice and short answer questions covering various microeconomics and macroeconomics concepts. The questions assess understanding of topics such as demand and supply, national income accounting, cost and revenue curves, consumption functions, monetary policy, budget lines, price elasticity of demand, and more.

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    09042_2_25_M_Q PVII

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    This document contains a model question paper for an economics exam with 26 multiple choice and short answer questions covering various microeconomics and macroeconomics concepts. The questions assess understanding of topics such as demand and supply, national income accounting, cost and revenue curves, consumption functions, monetary policy, budget lines, price elasticity of demand, and more.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views4 pages

    Model Question Paper Time: 2.45 Hours Hseii Economics Marks: 80

    Uploaded by

    sharathk916
    This document contains a model question paper for an economics exam with 26 multiple choice and short answer questions covering various microeconomics and macroeconomics concepts. The questions assess understanding of topics such as demand and supply, national income accounting, cost and revenue curves, consumption functions, monetary policy, budget lines, price elasticity of demand, and more.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    MODEL QUESTION PAPER Time : 2.45 Hours HSE I I ECONOMICS Marks : 80 ********************************************************************* I Match A with B and C (5) A Alfred marshall Keynes Adamsmith Export > Import Import > Export B Wealth of Nation Principles of Economics General theory Trade Deficit Trade Surplus C Greate Depression Father of Economics Micro Economics Unfavourable Trade Favourable Trade

    1. 2. 3. 4 5. II 6.

    Suppose QD = 20 2P and QS = 5 + 3P are the demand and supply functions respectively. Find eqn. Price and Qty.? (2) 7. Write down three identities of calculating GDP of a country by the three methods of measuring National Income. (3) 8. The following table shows the cost schedule of a firm. The TFC of the firm is Rs. 200/(6) Output TVC TC AC MC 1 100 2 250 3 450 4 750 5 1200 6 1600 7 2100

    a) b) 9. 10.

    Complete the above table. On the same set of axis draw the TFC, TVC and TC curves.

    State the difference between the following: a) Parametric shift and Paradox of Thrift. b) MPC and MPS (4) Prepare a Seminar Report on the Topic Functions of Commercial Banks.

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    11. 12.

    [Hint : Title, Introduction, Content analysis and Conclusion ] (8) Show the real flows and Money Flour in a two sector economy through a diagram. (3) Classify the following into Micro and Macro Economics. Study of a firm, inflation, Partial equilibrium, Percapital income. Full employment, salary of a teacher. (3)

    2 13. Quantity demanded of a commodity was 50 Kg. at a price of Rs.10. When the price increases to Rs.20 the quantity demanded becomes 40kg. Based on this statement answer the following. a) Define Price Elasticity of Demand b) Find Elasticity of Demand c) Comment on the nature of Elasticity. (6) Find the tax multiplier when the mpc of an economy is 0.7. Draw AC and MC curves and write the relationship between AC and MC
    Budget

    14. 15. 16.

    (3) (4)

    (2)
    Balanced -----------Rev > Exp.

    17.

    In the equation C = 60 + 0.6Y a) Find level of autonomous consumption b) Marginal propensity to consume. Complete the following : M1 : ------------

    (2) (4)

    18.

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    M2 M3 M4 19.

    : -----------: -----------: ------------

    A budget line PQ of a consumer is given below. Show the following situations in separate diagram. P
    G o o

    20.

    Q Good I a) Income of the consumer decreases while price remains constant. b) Prices of good II alone increases. c) Price of good I alone increases (3) Calculate the corresponding value of multiplier and fill up the missing column. MPC 0.9 0.8 0.7 0.6 0.5 0.4 Value of multiplier (3) 3

    21. 22. a)

    Explain through a diagram the effect of a rightward shift of both the demand and supply curves on eqm. Price and Quantity. (5) (4)

    Complete the table and identify the market structure. b) Q P TR AR MR 1 10 2 10 3 10 4 10 Q P TR AR MR 1 10 2 8 3 7 4 6 Write the equation of a budget line and equation of a linear demand curve. Give the appropriate terms : Statement Terms

    23. 24.

    (2) (2)

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    Total liability of monetary authority Md

    KxT

    T
    QD = Q 25.

    When more and more of a variable factor is combined with a factor the total product after a stage increases at a decreasing rate. a) Name this law b) What is a reason behind it? c) Where does profit maximizing firm will operate and why? (3) Write the properties of an indifference curve. ******* (3)

    26.

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