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FPSC · CSS 2016

Economics, Paper I

100 marks · 3 hours · 7 questions
This paper Economics · all yearsQ. 2 · Explain and prove mathematically that…Q. 3 · Explain diagrammatically, how an increase…Q. 4 · Explain the inflation and unemployment…Q. 5 · Deliberate on the various theories…Q. 6 · Discuss the evolution of international…Q. 7 · Discuss the Rostow's stage of…Q. 8 · Differentiate between the following:With this paper← 20152016 →
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Part II

Q. 2

Explain and prove mathematically that marginal revenue is less than price in case of monopolistic market structure.

(20)
Q. 3

Explain diagrammatically, how an increase in price generates income and substitution effect for a normal good?

(20)
Q. 4

Explain the inflation and unemployment relationship for pre and post 70s market economy.

(20)
Q. 5

Deliberate on the various theories developed to study the price and money supply relationship

(20)
Q. 6

Discuss the evolution of international monetary systems adopted by the world economies.

(20)
Q. 7

Discuss the Rostow's stage of growth with special reference to Pakistan

(20)
Q. 8

Differentiate between the following:

  1. (a)Personal and disposable income [5]
  2. (b)Net domestic and gross domestic product [5]
  3. (c)Consumer price index and producer price index [5]
  4. (d)Multiplier and accelerator [5]
(20)

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About this paper

The 2016 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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