#### Full Portion Five Marks Question Paper

11th Standard

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Economics

Time : 02:00:00 Hrs
Total Marks : 100
20 x 5 = 100
1. Explain various Steps of Deductive and Inductive methods.

2. Examine Adam Smith's Definition of Economics

3. Elucidate the law of diminishing marginal utility with diagram.

4. Enumerate the determinants of Demand?

5. What are the factors determining supply ?

6. Explain the meaning of Fixed and Variable factors and costs.

7. Illustrate price and output determination under Monopoly.

8. Illustrate the Ricardian Theory of Rent.

9. What are the Assumptions of Ricardian Theory ?

10. Write the importance of mineral resources in India.

11. Describe the V.K.R.V. Rao's Contribution to Indian economy.

12. Explain the role of SSIs in economic develop met.

13. Explain the objectives and characteristics of SEZs.

14. Describe the Agrarian Crisis after Reforms?

15. Elucidate the monetary and financial sector reforms?

16. Discuss the problems of Rural Economy.

17. Discuss the highlights of Tamil Nadu Economy?

18. What are the ideas of information and communication technology used in economics?

19. Solve by Cramer's rule the equations
$2{ x }_{ 1 }+2{ x }_{ 2 }-{ x }_{ 3 }-1=0;$
${ x }_{ 1 }+{ x }_{ 2 }-{ x }_{ 3 }=0$
$3{ x }_{ 1 }+2{ x }_{ 2 }-3{ x }_{ 3 }=1$

20. A producer has the total cost function TC(Q)=$2Q^{ 3 }+{ 8Q }^{ 2 }+12Q+20$ where costs are given in rupees. Find the marginal cost (MC) and the average variable cost (AVC), when Q=4.