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FPSC · CSS 2025

Economics, Paper I

100 marks · 3 hours · 7 questions · official PDF, 2 pages
Practice 14 MCQs
This paper Economics · all yearsQ. 2 · How can a consumer attain…Q. 3 · What are the different stages…Q. 4 · Explain circular flow of national…Q. 5 · Explain quantity theory of money…Q. 6 · Elaborate different canons of taxation.…Q. 7 · Differentiate between economic growth and…Q. 8 · Write short notes on any…With this paperPart-I MCQs14Official PDF2 pp← 20242025 →
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Part II

Q. 2

How can a consumer attain equilibrium under ordinal approach? Also explain the effects of changing income and prices on consumer's equilibrium in case of normal and inferior commodities.

(20)
Q. 3

What are the different stages of production? Explain in the light of law of variable proportions using schedule and diagrams.

(20)
Q. 4

Explain circular flow of national income in two sector, three sector & four sector economy. Discuss the methods by which national income can be measured. Also explain advantages & shortcomings of each method.

(20)
Q. 5

Explain quantity theory of money (QTM) and elaborate significant ingredients for effective monetary policy to accelerate economic growth in developing countries.

(20)
Q. 6

Elaborate different canons of taxation. How these canons can be used optimally? Suggest some policy options to maximize tax revenue in a developing country like Pakistan.

(20)
Q. 7

Differentiate between economic growth and economic development by discussing traditional and modern measures of growth/development.

(20)
Q. 8

Write short notes on any FOUR of the following:

  1. (a)Accelerator Principle [5]
  2. (b)Price Discrimination [5]
  3. (c)Balance of Payments [5]
  4. (d)Human Development Index [5]
  5. (e)Public VS Private Goods [5]
(20)

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About this paper

The 2025 CSS Economics paper set by the Federal Public Service Commission. Question wording only; questions marked “Not yet checked” have not been compared with the official paper yet. Open the official paper beside the questions to check any of them.

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