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FPSC · CSS 2012

Economics, Paper I

100 marks · 3 hours · 8 questions
This paper Economics · all yearsQ. 2 · Explain as how the Market…Q. 3 · Define Multiplier. Also explain the…Q. 4 · Compare and contrast the Fisher…Q. 5 · Explain the process of creation…Q. 6 · Explain as how Inflation and…Q. 7 · Critically analyze the slogan of,…Q. 8 · Critically discuss the Modern Theory…Q. 9 · Write notes on the following:With this paper← 20112012 →
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Part II

Q. 2

Explain as how the Market demand curve can be derived from Indifference curve approach?

(20)
Q. 3

Define Multiplier. Also explain the impact of Multiplier on National income and employment of the economy.

(20)
Q. 4

Compare and contrast the Fisher and Cambridge equations of money.

(20)
Q. 5

Explain the process of creation of credit money and also discuss its properties.

(20)
Q. 6

Explain as how Inflation and Deflation can be controlled by the Central Bank?

(20)
Q. 7

Critically analyze the slogan of, “Trade not aid”. Is it possible with reference to Pakistan?

(20)
Q. 8

Critically discuss the Modern Theory of International Trade as how it impacts cost effectiveness?

(20)
Q. 9

Write notes on the following:

  1. (i)Protection policy of Industrial Development. [10]
  2. (ii)Balance of payment as a domestic resource development. [10]
(20)

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About this paper

The 2012 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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