Economics is an important subject for Junior Intermediate students. The subject is highly scoring as like commerce. Students of CEC and MEC groups have Economics as a subject for both Junior and Senior Intermediate. Here is the model paper of Economics for Junior Intermediate students of AP and Telangana states.
I. Answer any Three of the following questions: (3 x 10 = 30 M)
- Explain Law of Diminishing Marginal Utility and its limitations
- Explain the Law of Variable Proportions.
- Explain the classification of Markets
- Explain the various methods of calculating National Income.
- Discuss the Keynesian theory of Employment.
II. Answer any Eight of the following questions: (8 x 5 = 40 M) - Explain Jacob viner’s Definition.
- Characteristics of Human Wants.
- Explain properties of Indifference curves
- Why Demand Curve has a Negative Slope.
- Explain the point method for measuring Price elasticity of Demand
- What are the factors that determine real wages?
- What are the factors that determine National Income.
- Explain Say’s Law of market and its assumptions.
- What are the sources of public revenue.
- Explain different kinds of Deposits accepted by Commercial Banks.
- Explain Types of Inflation
- What is the relationship between Economics and Statistics?
III. Answer any Fifteen of the following questions: (15 x 2 = 30 M) - Intermediary Good
- Wealth
- Budget line /Price line
- Giffen Paradox
- Arc Method
- Production Function
- Oligopoly
- Price Discrimination
- Quasi Rent
- Transfer earnings
- Per-capita Income
- Law of Supply
- Fiscal Deficit
- Liquidity
- Currency
- Over draft
- Near Money
- Pie Diagram
- Calculate Arthematic mean
X = 30, 20, 26, 16, 33 - What is meant by median