Go To Index
Principle Of Economics
Class XI(Commerce)
Guess Paper 2024
By Sir Sajjad Akbar ChandioMICRO ECONOMICS
Short Questions
Q.1: Differentiate Between:Short Questions
- Micro VS Macro Economics
- Fixed cost VS Variable cost
- Monopoly VS Monopolistic competition
- Perfect competition VS Monopoly competition
3.Define rise and fall in demand
4. Write down function of Entrepreneur
Long Questions
1. Describe the salient feature of Marshall and explain its merit /demerit 2. State the Law of Demand and explain with the help of schedule and assumption.
3. Describe the Law of Diminishing Marginal Utility explain with the help of schedule and assumption.
4. State Law of Diminishing Returns with the help of a schedule and diagram and why does the Law of Diminishing Marginal Returns apply specially on agriculture.
5. Define Market Price. Determine market price with the help of schedule and diagram.
MACRO ECONOMICS
Short Questions
1: Different between:Short Questions
- Personal Income and Personal Disposable Income
- Gross National Product and Net National Product
- Gross National Product and Gross Domestic Product
- Public and Private Finance
- Zakat and Tax
3: State the difficulties of Barter System.
4: Define Money. List the characteristics of Good.
5: Define Budget and Its Types
Long Questions
1: Name the difficulties in measuring National income of the country?2: Write down difference between Domestic Trade and International Trade Describe the merits and demerit of International Trade also how can un-favorable balance of payment are improved
No comments:
Post a Comment