Old Question Paper 2058 - Economics | Commerce Class 12

Question Paper | Economics
Old Question Paper of Economics
Class : 12 | Subject: Management (Commerce)
Year : 2058 BS

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

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