Old Question Paper of Economics Class : 12 | Subject: Management (Commerce) Time: 3hrs | Full Marks: 100 | Pass Marks: 35 | [Section A] Attempt all questions. 1) Explain the law of demand. Give its exceptions. 6+4 2) What is price elasticity of demand? How is it measured by total outlay method? 3+7 3) State and explain the law of Equi-marginal utility. 2+8 4) Explain the Malthusian theory of population. 10 5) Define monopoly? How the price and output are determined under it? 3+7 6) Explain the law of variable proportions. 10 7) Write any short notes on any two: a. Ac and MC b. Feature of land c. Money wages and real wages [Section: B] 8) Explain the fisher’s Quantity theory of Money. What are its limitations? 7+3 or What are the features of direct and indirect taxes? 10 9)Explain the comparative cost theory of international trade. 10 10) Write Short notes on any Two: 5+5 a) Inflation b) Concept of internal and external borrowing c) Central Bank
Posted on: Tue, 04 Mar 2014 06:32:16 +0000
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