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CBSE Question Papers 2005 - Economics

by Deepa Mittal

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Economics
Time allowed : 3 hours Maximum Marks : 100

General Instructions :
  1. All questions in both the sections are compulsory.
  2. Marks for questions are indicated against each.
  3. Question Nos. 1 and 13 are very short-answer questions carrying 1 mark for each part. They are required to be answered in one sentence each.
  4. Question Nos. 2-5 and 14-17 are short-answer questions carrying 3 marks each. Answer to them should not normally exceed 60 words each.
  5. Question Nos. 6-9 and 18-21 are also short-answer questions carrying 4 marks each. Answer to them should not normally exceed 70 words each.
  6. Question Nos. 10-12 and 22-24 are long-answer questions carrying 6 marks each. Answer to them should not normally exceed 100 words each.
  7. Answers should be brief and to the point and the above word limits be adhered to as far as possible.
  8. All parts of a question should be answered at one place.
QUESTION PAPER CODE 58/1/1

Section - A
  1. Answer the following questions :
    1. Define market supply.
    2. What is meant by producer's equilibrium ?
    3. Define marginal physical product.
    4. Define equilibrium price.


  2. State any three causes of a rightward shift of demand curve of a commodity.

  3. State the geometric method of measuring price elasticity of supply (in case of straight line supply curve).


  4. What is the relationship between marginal cost and average variable cost ?

  5. State three main features of perfect competition.

  6. Complete the following table :



  7. Distinguish between 'change in supply' and 'change in quantity supplied' of a commodity. (Use diagrams).

    or

    Explain any two determinants of supply of a commodity.

  8. Explain the problem of 'what to produce' with the help of an example.

  9. The quantity demanded of a commodity at a price of Rs. 8 per unit is 600 units. Its price falls by 25 percent and quantity demanded rises by 120 units. Calculate its price elasticity of demand. Is its demand elastic? Give reason for your answer.

  10. Explain consumer's equilibrium, in case of a single commodity, with the help of a utility schedule.

    or

    How is the demand of a commodity affected by changes in the price of related goods ? Explain with the help of diagrams.



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1 Comment
    kutoanaj
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    kutoanajTue, 14 Sep 2010 13:22:05 -0000

    please help me i need economics exams for english second language paper HG 2005

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deepa mittal
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Last Updated At Dec 07, 2012
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