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Monday, January 11, 2016

Important questions for first year intermediate Economics examination in AP and Telangana

Looking for Economics important questions of inter 1 year for Telengana state ? You will here collect model questions that are related to Jr. Inter Economics paper.

Telangana Inter 1st year Economics Model Paper
Jr. Inter Economics Model Paper
Time: 3 hrs. Max.Marks: 100

I. Answer any Three of the following in 40 lines each.

1. Explain the law of Diminishing Marginal Utility. What are its limitations ?

2. Explain the law of variable proportions with the help of a diagram.

3. Explain various methods of computation of National Income.

4. What is Perfect Market? Explain price determination under Perfect Market.

5. Explain the concept of Effective Demand with the help of a diagram.


II. Answer any Eight of the following in 20 lines each.

6. Jacobviner's definition of Economics.

7. What are the methods of Economic Investigation ?

8. Explain Law of Demand and ex-ceptions to the Law of Demand ?

9. Why does a demand curve slopes downwards from left to right ?

10. Explain the properties of Indifference Curves ?

11. Explain the Production Function.

12. What are the methods of Price Discrimination ?

13. Explain the factors determining Real Wages ?

14. What is National Income at factor cost ?

15. Explain the reasons for International Trade.

16. Explain the various sources of Public Revenue.

17. Explain the functions of Money.

III. Answer any Fifteen of the following in 5 lines each.

18. Micro Economics

19. Choice Problem

20. Intermediate Goods.

21. What is Arc Method ?

22. Cardinal Utility

23. Consumers equilibrium

24. Cross Demand

25. Perfectly Elastic Demand

26. Unitary Elastic Demand

27. Indifference Map

28. Budget Line or Price Line

29. What is meant by Supply ?

30. Opportunity Cost

31. Average Product

32. National Market

33. Equilibrium Price

37. Say's Law of Markets

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