Junior Inter Economics Model Paper for IPE Exams

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)

  1. Explain Law of Diminishing Marginal Utility and its limitations
  2. Explain the Law of Variable Proportions.
  3. Explain the classification of Markets
  4. Explain the various methods of calculating National Income.
  5. Discuss the Keynesian theory of Employment.
    II. Answer any Eight of the following questions: (8 x 5 = 40 M)
  6. Explain Jacob viner’s Definition.
  7. Characteristics of Human Wants.
  8. Explain properties of Indifference curves
  9. Why Demand Curve has a Negative Slope.
  10. Explain the point method for measuring Price elasticity of Demand
  11. What are the factors that determine real wages?
  12. What are the factors that determine National Income.
  13. Explain Say’s Law of market and its assumptions.
  14. What are the sources of public revenue.
  15. Explain different kinds of Deposits accepted by Commercial Banks.
  16. Explain Types of Inflation
  17. What is the relationship between Economics and Statistics?
    III. Answer any Fifteen of the following questions: (15 x 2 = 30 M)
  18. Intermediary Good
  19. Wealth
  20. Budget line /Price line
  21. Giffen Paradox
  22. Arc Method
  23. Production Function
  24. Oligopoly
  25. Price Discrimination
  26. Quasi Rent
  27. Transfer earnings
  28. Per-capita Income
  29. Law of Supply
  30. Fiscal Deficit
  31. Liquidity
  32. Currency
  33. Over draft
  34. Near Money
  35. Pie Diagram
  36. Calculate Arthematic mean
    X = 30, 20, 26, 16, 33
  37. What is meant by median


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