Sample Model Question For Grade XI

Eco. 30..

(Economics)

(Examination 20..)

(Grade): XI

(Time) : 3 Hrs.                                                                                                    (Full Marks): 75

(The candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.)

(Group A)

(Very Short Answer Questions)

(Attempt All Questions.)                                                                                   [11 x 1 = 11]

1.      What is an economic good?

2.      Demand function for micro economics text book is given by Q = 20000-300P. The book is initially priced at Rs. 30. Compute the price elasticity of demand at P = Rs. 20.

3.      Define open economy.

4.      Differentiate between nominal GDP and real GDP?

5.      Write any four major indicators of economic development?

6.      Mention any two uses of mineral resources in the agriculture sector.

7.      What do you mean by natural resource management?

8.      Mention any four measures of industrialization and modernization of agriculture in Nepal. 

9.      Write any two uses of Mathematics in Economics.

10.   Find the equation of a straight line which passes through the point A (2, -3) with slope 2/3.

11.   Find the derivatives of Y = X² + 5X + 1.

.

(Group B)

(Short Answer Questions)

(Attempt All Questions)                                                                                    [8 x 5 = 40]

12.    Explain the scarcity and choice definition of economics.                                           (5)

(Or)

      What is land? Explain its features.                                                                          (1+4=5)

13.   Explain the condition of rightward shift in supply curve with the help of diagram.      (5)

14.   Explain the types of cross elasticity of demand.                                                            (5)

15.   The following table shows the MUx and MUy derived by a consumer from the consumption of different units of X and Y.         

QX	1	2	3	4	5	6	7
MUX	40	35	30	25	20	15	10
MUY	18	16	14	12	10	8	6

Suppose the consumer has money income of Rs. 30 at his disposal. The price per unit of commodity X is Rs. 5 and commodity Y is Rs. 2. Estimate the optimal combination of commodities.

16. Why measurement of national income is more difficult in developing countries like Nepal? Explain.                                                                                                                          (5)

17.   Explain the process of capital formation.                                                                      (5)

18.   Explain the potentiality of hydroelectricity in Nepal.                                                    (5)

19.   Find the equation of straight line whose intercept on the x-axis and y-axes are twice and thrice of the line: 3x+4y – 6  = 0.                                                                                                                  (5)

(Or)

    Find the price elasticity of demand when demand function is P = 30 - 2Q and output is 4 and interpret the result.                                                                                                                     (4+1=5)

(Group C)

(Long Answer Questions)

(Attempt All Questions)                                                                                  [3 X 8 = 24]

20.   Using the production function, Q =16L + 8L² – L³, complete the following.

    a. Compute TP, AP and MP schedules.                                         (2)

    b. Draw TP, AP and MP and explain the three stages of production    (6)

21.   Explain the Fisher's quantity theory of money. 

22.   Explain the causes and consequences of deforestation in Nepal.                                   (4+4=8)

(Or)

Examine the role of transportation and communication in the economic development of Nepal. 

 Best of Luck