Class 11 Economics Model Question 2079

  

Class 11 Economics Model Question  2079

Grade: XI / 11

Subject: Economics

Type: The model question as per the new syllabus of class 11 Economics.

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. If demand function is: Qd = 150 +10P and supply function is:Qs = 300 – 20P, find the equilibrium price
3. What is the closed economy?
4. How is the disposable income calculated?
5. What is the economic development
6. Write any two features of the Nepalese Economy.
7. Mention any two uses of mineral resources in the agriculture sector
8. Write any two applications of the internet.
9. Write any two uses of Mathematics in Economics.
10. Find the differential coefficient of 3×2
11. Find the slope of the straight line passing through points A(2, 3)
and B(5, 7).

 

 

Group B

(Short Answer Questions)
(Attempt All Questions)  (8 x 5 = 40)

 

12. Explain the Marshallian definition of economics.
(Or),What is labor? Explain its features. (1+4=5)

13. Explain the law of demand.

14. Answer the following questions based on the given table. (2.5+2.5=5)

Price (Rs./ Kg)	5	10	15
Quantity supplied	1	2	3

a.Find the elasticity of supply when the price of a commodity increases from Rs.5 to Rs. 15.
b.Find the elasticity of supply when the price of a commodity decreases from Rs. 15 to Rs. 10.

 

15. Answer the following questions based on the given table: (2+1.5+1.5=5)

Units of Commodity consumed	Total Utility	Marginal Utility
1	5
2	9
3	12
4	14
5	15
6	15
7	14
8	12

• Complete the given table.
• Draw the total and marginal utility curves from the completed table.
• Show the relationship between total and marginal utility curves.

16. Mention the functions of money

17. Evaluate the causes of the Nepalese economy lagging behind in the process of economic development.

18. Explain the effects of climate change on the economy of Nepal.

 

19. Find the equation of the straight line which passes through point A(-5, 10) and makes equal intercepts on both axes.

(Or),

If the production function is given by : Q = 4L + 3L2 + 7L3, then solve the following questions:

a.Find marginal production function.
b.Find the marginal product when the unit of labor is 5.

Group C

(Long Answer Questions)
(Attempt All Questions) (3 X 8 = 24)

20. Answer the following questions based on the given table

Land in Ropanies	Unit of labor	Total Product (In KG)	Average Product (In KG)	Marginal Product (In KG)
15	0	-	-	-
15	1	10
15	2	30
15	3	60
15	4	80
15	5	90
15	6	90
15	7	80
15	8	60

a.Complete the table by computing the average product and marginal product.
b.Show the three stages of production in a diagram and explain.

21. Why measurement of national income is more difficult in developing countries like Nepal? Explain.

22. Evaluate the efforts made for the modernization and commercialization of agriculture in Nepal.

 

(Or),

Examine the role of the industrial sector in the economic development of Nepal.

 

                                            Good Luck