List of top Economics Questions

Explain the concepts of Domestic Product, National Product and Personal Income.
Write a short note on Foreign Exchange Rate. What are meant by Fixed and Flexible Exchange Rates ?
Explain with diagram, the determination of Income in a Two Sector Economy.
Explain with the help of a diagram the relationship between Total Cost, Average Cost and Marginal Cost.
Explain the concept of Perfect Competition. How is equilibrium of a firm attained in the long run ?
What is law of Variable Proportion ? How many stages of law of variable proportion are there ?
Explain the Gross National Product at Market Price.
Describe the allocation function and re-distribution function of a government budget.
Define Involuntary unemployment.
What do you understand by supply of money ? Explain the three factors affecting it.
What do you understand by demand function ? Why does a demand curve fall from left to right ?
Explain diagrammatically the law of Constant Return to Scale.
What do you understand by elasticity of demand ?
State three functions of central bank.
What are Intermediate Goods ?
Define National Income.
What is Opportunity Cost ?
Balance of trade is related to
What is Positive Economics ?
What do you understand by Average Utility ?
What is Indifference Curve ?
Which of the following has the monopoly of note issue in India ?
The law of Equi-Marginal Utility was propounded by
If elasticity is equal to 3 and Average Revenue is Rs. 30, then Marginal Revenue will be
Which of the following methods is used to estimate National Income in India ?