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11th Standard English Medium Economics Subject Creative 5 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 125

    5 Marks

    25 x 5 = 125
  1. Examine whether Economics is an Art or a Science.

  2. State the various kinds of Goods.

  3. State the assumption on which the explanation and analysis of production possibility curve based upon.

  4. Enumerate the determinants of Demand?

  5. Define Price Elasticity of demand and explain the different levels or degrees of price elasticity of demand.

  6. What are the Characteristics of Labour?

  7. Explain relationship among total Average and Marginal Products.

  8. Define 'Iso-Quant' and explain it with the help of a table and a diagram.

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

  10. Describe the Total Revenue concepts under various price conditions.

  11. Explain various costs incurred by the firm.

  12. Explain the market on the basis of area.

  13. How is the price and output determined in the long run under monopolistic competition?

  14. Explain the types of monopoly?

  15. Explain how price and output are determined under the perfect competition in the long run.

  16. Explain the four sources depend upon the supply of loanable funds.

  17. What are the Assumptions of Ricardian Theory?

  18. Profit is the reward for risk-taking and uncertainty-bearing.

  19. How to determine the rate of interest with diagram? Determination of Rate of Interest.

  20. Explain about the natural resources.

  21. Explain weakness features Indian Economy.

  22. Discuss Thiruvalluvar's contribution to Indian economy.

  23. Explain the role of public sector Banks and Private Sector Banks to the economic development of India.

  24. Explain about monetary and financial sector reforms.

  25. Discuss the Arguments in favour of LPG?

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