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    Economics: B. Com - I

    Uploaded by

    RashidAli
    This document provides the instructions and questions for an economics midterm exam for B. Com students. It is divided into three sections. Section A includes questions about indifference curves, price and income elasticity of demand, definitions of economics, and market price determination. Section B focuses on national income concepts like gross private investment, government purchases, and consumption, as well as short answer questions. Section C asks about solving central economic problems under mixed systems and the aims of Islamic economic systems. Students must attempt five questions total, selecting two from Section A, two from Section B, and one from Section C.

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    © All Rights Reserved
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    Economics: B. Com - I

    Uploaded by

    RashidAli
    24 views2 pages
    This document provides the instructions and questions for an economics midterm exam for B. Com students. It is divided into three sections. Section A includes questions about indifference curves, price and income elasticity of demand, definitions of economics, and market price determination. Section B focuses on national income concepts like gross private investment, government purchases, and consumption, as well as short answer questions. Section C asks about solving central economic problems under mixed systems and the aims of Islamic economic systems. Students must attempt five questions total, selecting two from Section A, two from Section B, and one from Section C.

    Original Description:

    it is a mid term paper of Economics.

    Original Title

    B.com Midturm

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    This document provides the instructions and questions for an economics midterm exam for B. Com students. It is divided into three sections. Section A includes questions about indifference curves, price and income elasticity of demand, definitions of economics, and market price determination. Section B focuses on national income concepts like gross private investment, government purchases, and consumption, as well as short answer questions. Section C asks about solving central economic problems under mixed systems and the aims of Islamic economic systems. Students must attempt five questions total, selecting two from Section A, two from Section B, and one from Section C.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    24 views2 pages

    Economics: B. Com - I

    Uploaded by

    RashidAli
    This document provides the instructions and questions for an economics midterm exam for B. Com students. It is divided into three sections. Section A includes questions about indifference curves, price and income elasticity of demand, definitions of economics, and market price determination. Section B focuses on national income concepts like gross private investment, government purchases, and consumption, as well as short answer questions. Section C asks about solving central economic problems under mixed systems and the aims of Islamic economic systems. Students must attempt five questions total, selecting two from Section A, two from Section B, and one from Section C.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ECONOMICS

    MID TERM EXAMINATION - 2015

    B. Com I
    Time: 3 hours

    Max. Marks: 100

    Instructions: Attempts any FIVE questions, selecting any TWO from Section A, TWO from
    Section B and ONE from Section C.
    Section A
    1a. Describe the properties of Indifference Curve.
    1b. Explain the consumer equilibrium with the help of Indifference Curve approach.
    2a. Define Price, Income and Cross Elasticity of Demand.
    2b. What is the Price Elasticity of Demand of Mobile Phones.
    3a. Differentiate the Definition of Economics given by Marshal and Robbins.
    3b. How Market Price is determined under Demand-Supply Analysis.
    4. Write short notes on any two.
    i. Cardinal and Ordinal utility

    ii. Income and Substitution effect

    iii. Factors affecting Demand

    vi. Law of Diminishing Marginal Utility

    Section B
    5a. Define National Income. Explain its various concepts.
    5b. What are the three methods of measurement of national income? Explain any one.
    6a. How Equilibrium Level of National Income is determined.
    6b. What are the difficulties in measuring National Income.
    7b. In Econoland, the Gross Private Investment is $124, Net Export is $18, Government Purchases
    are $156 and Household Consumption is $304. Compute National Income.
    8. Write short notes on any two.
    i. Marginal Efficiency of Capital

    ii. Consumption Function

    iii. Induced and Autonomous Investment

    vi. NI at market price and NI at factor cost

    Section C
    9. What are the central problems of an economy? How these are solved under Mixed Economic
    systems?
    10. Describe the aims and objectives of Islamic Economic System.

    ECONOMICS
    MID TERM EXAMINATION - 2015

    B. Com II
    Time : 3 hours

    Max. Marks:100

    Instructions: Attempt any FIVE questions. All questions carry equal marks.

    1a. Define Economic Growth and Economic Development.


    1b. Distinguish between Economic Growth and Economic Development.
    2. Discuss the main characteristics of developing Countries like Pakistan.
    3a. What are the causes of Industrial Backwardness in Pakistan?
    3b. Suggest remedial measures to remove Industrial Backwardness in Pakistan.
    4. Discuss the importance of industries in the Economic development of Pakistan.
    5. Government can play a vital role in the Industrialization in Pakistan. Elaborate.
    6a. Describe the reasons for the power shortage in Pakistan.
    6b. What measures Government are taking to overcome the power shortage in Pakistan.
    7. Write short notes on any two:
    i. Industrial Finance

    ii. SDBP

    iii. Problems of Small Scale Industry

    iv. Mineral Resources of Pakistan

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