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FPSC · CSS 2011

Economics, Paper I

100 marks · 3 hours · 4 questions
Practice 20 MCQs
This paper Economics · all yearsQ. 1 · Explain consumer equilibrium by utilizing…Q. 2 · Explain the difference between Perfect…Q. 4 · Briefly explain major components of…Q. 5 · Briefly point out major reasons…With this paperPart-I MCQs20← 20102011 →
3 hours · questions hide until you reveal them

Not yet checked 3 of 4 questions have not yet been compared with the official paper.

Part II

Q. 1
  1. (a)Explain consumer equilibrium by utilizing Cardinal and Ordinal Approaches.
  2. (b)Which approach is better to establish consumer equilibrium and why?
Not yet checked
(15)
Q. 2
  1. (a)Explain the difference between Perfect and Pure Competition. [5]
  2. (b)Establish equilibrium under any one markets, you have explained under (a) above. [15]
(5)
Q. 4
  1. (a)Briefly explain major components of Aggregate Demand equation (function) and also explain the role of planned and real (effective) aggregate demand.
  2. (b)Besides, explain how an increase in net exports may change equilibrium of the economy.
Not yet checked
(15)
Q. 5
  1. (a)Briefly point out major reasons for money demand.
  2. (b)Show an impact of an increase in prices on money supply and in money market.
Not yet checked
(15)

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About this paper

The 2011 CSS Economics paper set by the FPSC. Question wording only; questions marked “Not yet checked” have not been compared with the official paper yet.

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