Following is the Economics model question paper for IPE exams in Andhra Pradesh and Telangana states. The question paper is for Junior Intermediate students. Duration of the exam is 3 hours and maximum marks are 100. See the model paper here-under.
I. Answer any Three of the following questions: (3 x 10 = 30 M)
- Explain Consumer’s Equilibrium with Law of Equi-Marginal Utility.
- Distinguish between Internal and External Economies.
- Explain Price Determination Under Perfect Competition Market.
- Explain the various methods of calculating National Income.
- Discuss the Keynesian theory of Employment.
Also Read: Junior Inter Commerce Model Paper
II. Answer any Eight of the following questions: (8 x 5 = 40 M)
- Explain Samuelson’s Growth Definition.
- Explain Types of Utility.
- Explain properties of Indifference curves
- What are the Factors that Determine Demand.
- Explain Total outlay Method.
- Explain the Concept of Quasi Rent.
- What is National Income at Factor Cost.
- Explain Say’s Law of market and its assumptions.
- What are the sources of public Revenue.
- State the Objectives of Central Bank.
- Enumerate the Measures for Control Inflation.
- What is the relationship between Economics and Statistics?
III. Answer any Fifteen of the following questions: (15 x 2 = 30 M)
- Price.
- Wealth
- Budget line /Price line
- Cross Demand
- Arc Method
- Production Function
- Oligopoly
- Local Market
- Scarcity Rent
- Transfer earnings
- Per-capita Income
- Law of Supply
- Fiscal Deficit
- Liquidity
- RBI
- Cash Credit
- Demand Pull and Cost Push Inflation.
- Pie Diagram
- What is meant by Arthematic Mean.
- Calculate Median = 5,10,12,14,18,20