Class 11 Economic Sample Paper
What...?
Subject: Economics
Class:XI
1. State the reason why does the economie problem arise?
OR
Give two reasons for the problem of choice.
2. What does a rightward shift of production possibility curve indicate
3 Define marginal rate of transformation.
4. Give meaning of opportunity cost
5.Define an indifference curve
6.Define a budget line
3 Define marginal rate of transformation.
4. Give meaning of opportunity cost
5.Define an indifference curve
6.Define a budget line
7.Define market demard of a commodity
OR
What is market demand?
8. When is the demand for a good said to be inelastic?
OR
Give the meamng of inelastic demand.
9. Define budget set
10. When is produchon possibility curve a straight line?
11. What do you mean by Economics?
12. What is demand?
13 What is utility?
14 What is Marginal utility?
15. Why two indifference curves can't intersect each other?
10. When is produchon possibility curve a straight line?
11. What do you mean by Economics?
12. What is demand?
13 What is utility?
14 What is Marginal utility?
15. Why two indifference curves can't intersect each other?
16. When price of a good rise by 20% it's demand fall by 40%. calculate it s price elasticity of demand.
17. Distinguish between a normal good and an inferior good Give examples in each case.
OR
Give meanings of normal an interior goods. Give two examples of each.
18 Why does an economic problem arise? Explain.
19. Distinguish between Microeconomics and Macroeconomic.
20. Explain the meaning of Budget set and 'Budget line'
21 Explain the central problem of "how to produce"
OR
Explain thie central problem of the choice of technique.
22. Distinguisn between "increase in demand" and increase in quantity demanded" of a
commoditY
OR
Distinguish between a change in quantity demanded and a change in demand of a commodity.
23. Define marginal rate of substitution Explain why is IC convex?
24. When price of a good rises from Rs.1 to Rs. 2 per unit, quantity demanded fall from 100
units to 50 units. Calculate its price elasticity of demand.
25. Explain the concept of an indifference curve diagram.
26. A consumer consume only two goods X and Y Expiain the conditions of consumer's
equilibrium using utility analysis.
27. Explain the properties of a production possibilities curve
28. Explan the three properties ol indifference curves
29. Explain the following questions.
(a) Why 1 budget line a straignt line Explain
(6) Wny 1s inditference curve convex? Explain.
30. Explain the properties of Budget Line.
The. End.
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