AHSEC| CLASS 11| ECONOMICS| QUESTION PAPER - 2022| H.S. 1ST YEAR
2022
ECONOMICS
Full Marks: 100
Pass Marks: 30
Time: 3 hours
The figures in the margin indicate
full marks for the questions
PART - A
(Introductory Microeconomics)
1. Answer the following:
(a) State the
law of supply. 1
(b) What is
break-even point? 1
(c) What is the
shape of a perfectly inelastic demand curve? 1
(d) What does a
point below the production possibility curve indicate? 1
(e) What is
market economy? 1
(f) What do you
understand by price ceiling? 1
2. What is opportunity cost? Explain with an example. 1+1=2
3. Write the law of variable proportion.
4. State the law of demand and draw a demand curve. 1+1=2
5. Prove that for a firm, price=average revenue. 2
6. Write the conditions of firm's equilibrium. 2
7. How does imposition of per unit tax affect supply curve
of a firm? 2
8. Discuss the characteristics of perfect competitive
market. 4
9. With the help of demand and supply curve, explain how
market equilibrium is attained. 4
10. Explain the law of diminishing marginal utility. 4
Or
What is price
elasticity of demand? Discuss any one method of calculating price elasticity of
demand. 1+3=4
11. Define production function. The production function of a
firm is given as Q=5√/LK, where Q is output, L is labour employed and K is
capital employed. Determine the level of Q, when L=16 and K=36. 1+3=4
Or
Discuss the
determinants of supply.
12. Write the differences between monopoly market and
monopolistic competitive market.
13. Explain how a consumer attains equilibrium while
consuming two commodities.
Or
What is an
indifference curve? Draw an indifference curve and discuss its properties.
1+1+4=6
14. Define average fixed cost (AFC), average variable cost
(AVC)and average cost (AC). Draw the AFC, AVC and AC curves indicating their
interrelation. 3+3=6
Or
Calculate TFC,
TVC, AVC, AFC, AC and MC schedule from the following table:
|
Amount of Production (Q) |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
|
Total Cost (TC) |
40 |
100 |
120 |
130 |
150 |
190 |
250 |
Part-B
(Statistics for Economics)
15.
Answer the following:
(a) Who forwarded
the welfare definition of economics?
1
(b) Write one
limitation of statistics. 1
(c) Write the
direct method of calculating arithmetic mean in case of discrete variable. 1
(d) Write the
full form of NSSO. 1
(e) Who is known
as the father of statistics? 1
(f) Write one
difference between diagrammatic presentation and graphical presentation of
data. 1
16. Calculate range and range coefficient from the following
data: 1+1=2
12,15,18,21,24,27
17. Write two differences between discrete variable and
continuous variable. 2
18. What do you understand by relative measures of
dispersion?
19. Write two differences between histogram and bar diagram.
20. Write two limitations of 'direct personal investigation'
method of data collection.
21. Write two features of statistics.
22. Briefly write about the methods of classification of
data.
Or
Write the
objectives of tabulation of data.
23. The marks obtained by 9 students of a class are given
below. Calculate mean deviation:
22,65,40,
50,38,20,70,25,75
Or
Write a note on
Lorenz curve. 4
24. Calculate Karl Pearson’s correlation coefficient from the
following data: 4
|
X |
6 |
8 |
12 |
15 |
18 |
20 |
24 |
38 |
31 |
|
Y |
10 |
12 |
15 |
15 |
18 |
25 |
22 |
26 |
28 |
Or
What is rank
correlation? Briefly outline its demerits. 1+3=4
25. Calculate more from the following frequency distribution:
4
Or
What is median?
Discuss its merits. 1+3=4
26. Write the characteristics of an ideal average. 4
27. Write short notes on: 3+3=6
Or
Discuss the use
of index number in the study of economics. 6
28. Discuss the characteristics of a good questionnaire. 6
Or
Draw a histogram
and a frequency polygon from the following data: 4+2=6
***
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