List of top Economics Questions

Explain briefly the perfectly elastic demand and perfectly inelastic demand.
Write three conditions of profit maximisation.
What is positive economics analysis?
What is profit?
What is average product?
Write three relationships between total utility and marginal utility.
What is effective demand?
What is the assumption of ceteris paribus?
What is the Market Economy?
What is consumption function?
Write the meaning of excess demand.
What is SLR?
What is High Powered Money?
What is capital goods?
What is personal income?
What is Net National Product?
What is ceiling price?
What is the market equilibrium price?
What is consumption goods?
What is marginal revenue product of labour?
What is 'Invisible Hand'?
\(\underline{\hspace{2cm}}\) price is a fluctuating phenomenon.
\(M_1\) and \(M_2\) are known as \(\underline{\hspace{2cm}}\) money.
National income is computed \(\underline{\hspace{2cm}}\).
In perfect competition, producers should sell \(\underline{\hspace{2cm}}\) product in the market.