List of top Economics Questions

Mention the four determinants of elasticity of supply.
Explain the importance of the study of Microeconomics.
Define perfect competition.
What is meant by production function?
Define Government Budget.
What are the two forces in determining the price of the goods?
State two sources of supply of foreign exchange.
What is meant by demand?
When the elasticity of demand is unitary?
Define flow.
Which items are included in balance of trade?
Differentiate between compact and dispersed settlements.
What is meant by Fiscal policy?
Explain the relation between Total Revenue and Marginal Revenue.
What is meant by producer's equilibrium?
What is Investment Multiplier?
What is meant by recession?
Define market equilibrium.
What is Say's law of market?
What is meant by Fixed cost?
What do you mean by Gross Domestic Product?
Mention two contingent functions of money.
What do you mean by Demand deposits?
What is Statutory Liquidity Ratio (SLR)?
Give two examples each for Consumption goods and Capital goods.