List of top Economics Questions

What would happen to demand for normal goods with rise in income?
If the demand curve for a good is vertical, then what would be the elasticity of demand \( |e_d| \)?
Price determination and consumer behaviour is studied under which economics?
What is the market demand curve of demand curves of different individuals?
What does the economy produce?
At the point where the straight-line demand curve cuts the x-axis, what is the value of elasticity of demand?
At the optimum point of consumer, what does the budget line do to indifference curve?
What is the marginal rate of substitution of indifference curve?
The graphical representation of combinations of two goods which provide equal satisfaction to the consumer is called:
What is a group of many indifference curves called?
What is the slope of the demand curve?
Complete the following table. Construct/Express the Consumption function at ₹ 200 crore level of income. \[ \begin{array}{|c|c|c|c|} \hline \textbf{Income (Y)} & \textbf{Savings (S)} & \textbf{Average Propensity to Consume (APC)} & \textbf{Marginal Propensity to Save (MPS)} \\ \hline 0 & -30 & 1 & 0.2 \\ 100 & 20 & 0.85 & 0.2 \\ 200 & 70 & 0.85 & 0.2 \\ 300 & 120 & 0.8 & 0.2 \\ \hline \end{array} \]
“There exists a positive correlation between human capital formation and economic growth of a nation.” Justify the given statement with valid explanation.

Discuss any two benefits accruing from human capital formation.

Discuss any two salient features of the Indian industrial sector during the period of 1950-1990.

Read the following text carefully from ‘The Economic Times’ dated 8th June, 2023: “The Reserve Bank of India’s (RBI’s) rate-setting panel unanimously decided to keep the benchmark lending rate unchanged at 6.5%. The committee voted to remain focused on the withdrawal of accommodating monetary policy.” On the basis of the given text and common understanding, answer the following questions: Identify and discuss the economic issue indicated in the above text.

“During the colonial period the agricultural sector showed massive stagnation.” Do you agree with the given statement? Justify your answer with valid arguments.
Defend or refute the following statements with valid arguments:
"The policy of protectionism encouraged the growth of domestic industries, but at the same time proved to be an impediment."
Explain the need and type of land reforms implemented in the agriculture sector.
How can businesses benefit from green finance?
State the public project areas where Sovereign Green Bonds are focused.
Define sustainable development.
Every coin has two sides – debate over farm subsidies is one such classic example. Justify the given statement with two arguments each in favor of and against the continuation of farm subsidies.
“Disposition Phase of circular flow of Income involves flow of factor Income, which comprises of rent, wages, interest, and profits from firms to households.” Defend or refute the statement, giving valid reasons in support of your answer.
If the value of the investment multiplier is 5, and the increased income is ₹800 crore, find the change in investment.