List of top Economics Questions asked in UP Board XII

Wealth is a
Who gave the welfare-oriented definition of Economics?
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.
What is law of Variable Proportion ? How many stages of law of variable proportion are there ?
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 ?
Define Involuntary unemployment.
Explain the Gross National Product at Market Price.
State three functions of central bank.
Explain diagrammatically the law of Constant Return to Scale.
What do you understand by demand function ? Why does a demand curve fall from left to right ?
What do you understand by supply of money ? Explain the three factors affecting it.
What do you understand by elasticity of demand ?
Describe the allocation function and re-distribution function of a government budget.
What are Intermediate Goods ?
What is Positive Economics ?
What is Opportunity Cost ?
What do you understand by Average Utility ?
Which of the following has the monopoly of note issue in India ?
What is Indifference Curve ?
Balance of trade is related to
Define National Income.
If elasticity is equal to 3 and Average Revenue is Rs. 30, then Marginal Revenue will be