List of top Economics Questions

What is revenue deficit?
The break-even point arises when
Other things being the same, what does the positive relation between the price of a commodity and quantity of supply indicate?
What effect does a price rise have on the demand for 'Giffen' goods?
Which of the following is the correct formula to calculate marginal cost?
Who among the following economists is not of the welfareist concept?
A, B and C are three commodities, where A and B are complementary, whereas A and C are substitute goods. Then what will be the effect on demand if the price of commodity A increases?
A change in which of the following does not cause a change in demand?
Which of the following is equal to National Income?
What is the most appropriate measure of the economic growth of a country?
From the set of terms given in Column-I and Column-II, choose the correct pair:
Column-I Column-II
(a) Non-tax Revenue(ii) Free-rider
(b) Indirect Tax(i) Goods and Services Tax
(c) Capital expenditure(iii) Borrowings
(d) Private goods(iv) Rivalrous in nature
What is Monopoly? What are its main features?
Explain the importance of National Income.
Define central bank and explain its functions.
What are the main functions of money?
What is meant by Macroeconomics? Discuss its scope.
Define supply. Mention the causes which determine the supply of a commodity.
What do you mean by Mixed Economic System?
Define perfect competition.
Explain the importance of the study of Microeconomics.
What is economic activity?
Explain the Law of Demand. What are its assumptions?
Define Utility.
Mention the four determinants of elasticity of supply.
What is Market Supply?