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

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 25

    5 Marks

    25 x 5 = 125
  1. Explain the wealth definition given by Adam Smith.

  2. State and explain the Growth definition given by Paul Samuelson.

  3. Explain the different types of utility.

  4. What do you mean by stable equilibrium, particular equilibrium and general equilibrium? Explain.

  5. Changes in Tastes and fashions the demand for some goods and services is very susceptible to change in tastes and fashions?

  6. Explain briefly Levels or degrees of Price Elasticity of Demand?

  7. Explain the theory of Consumer's surplus with the help of a table and a diagram.

  8. Bring out the relationship among TR, AR, MR curves and elasticity of demand.

  9. Explain briefly total cost with a suitable diagram.

  10. Define Total Revenue and Explain its behaviour when the price is constant and when the price is declining.

  11. Briefly explain the classification of markets.

  12. Explain the long run equilibrium of a firm and the Group equilibrium under Monopolistic competition.

  13. How is the Marginal product of a factor expressed as? Explain.

  14. What are the different kinds of profit?

  15. Explain the Residual Claimant Theory of Wage.

  16. Who was J.C. Kumarappa? Explain his rural economic development theories.

  17. Explain the contribution of Amartya Kumar Sen towards the Economic development.

  18. What are the Natural Resources in Indian Economy?

  19. Describe the problems of British Rule on economic condition.

  20. What are this Achievement of Green Revolution?

  21. Explain various large scale industries and their development.

  22. What are the measures taken to remove Rural Indebtedness?

  23. Explain how Self-Help Groups (SHGs) function in India.

  24. What are the services in Tamil Nadu? Explain.

  25. What are the steps involved in Microsoft Power Point?

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