Important Questions

Important Questions

Economic Issues and Concepts

Asked in 2082Short Question5 Marks
1.
Explain the concept of production possibility curve with an example. [5]
Asked in 2081Short Question5 Marks
2.
How the concept of microeconomics is helpful in different sectors of the economy? Discuss. [5]
Asked in 2080.1Short Question5 Marks
3.
Describe the features of mixed economy. [5]
Asked in 2080Short Question5 Marks
4.
Explain the concept of scarcity and choice in the decision-making process. [5]
Asked in 2080Short Question5 Marks
5.
What are the features of a mixed economy? [5]
Asked in 2079Short Question5 Marks
6.
Explain the features of free market economy. [5]
Asked in 2079Short Question5 Marks
7.
Write short notes on scarcity and choice. [5]
Asked in 2078Short Question5 Marks
8.
"Scarcity and choice are central issues of economics". Justify the statement. [5]
ModelShort Question10 Marks
9.
Describe briefly society's production possibility curve. [10]