MOST IMP QUESTIONS FOR FYBBA ECONOMICS(I)
1) Dicuss scarcity oriented definition of economics with
its criticisms.
2) Explain the law of diminishing marginal utility.
3) What are production possibility curves? Discuss them with help of example.
4) What is planned economy? Discuss its characteristics.
5) What is
economics? Discuss its nature and scope.
6) Explain
different between micro and macro economics.
7) Define demand. Explain law of demand with its exceptions.
8) What is market economy? Discuss characteristics of market economy.
9) Explain utility, marginal utility and total utility. Discuss relationship between MU and TU. 10) Discuss Robbin’s defenation of economics along with its criticisms.
11) What is demand? Explain change in demand.
12) What is capitalist economy? Discuss characteristics of capitalist economy.
13) Define Monopoly. Explain charaterstics of monopoly.
14) Discuss marginal productivity theory of distribution.
15) Explain concepts of Differential rent and scarcity rent.
16) Define national income. Discuss difficulties in measuring national income.
17) Define perfect competition. Explain characterstics of perfect competition.
18) Discuss different concepts of rent according to Recardian theory and modern theory.
19) Discuss different methods of calculating national income.
20) What is Oligopoly? Which different features can be associated with it.
21) Discuss different concepts of rent.
22) Explain functions and personal distribution of National income and marginal productivity of distribution.
23) Discuss Say’s law of market.
24) Discuss causes of business cycle
. 25) Explain Keynes’ consumption function. Also discuss the concept of APC and MPC.
26) Evaluate the Keynesian theory of employment and income.
27) Explain liquidity preference theory of interest rate determination.
28) Discuss investment multiplier by Keynes.
29) What is business cycle? Discuss phases of business cycle.
30) “Supply creates its own demand”. Validate the Statement.
31) Define money. Explain different components of money supply in India.
32) Define inflation. Explain different causes of inflation.
33) Explain function of central bank.
34) Discuss different methods of credit control utilized by central bank.
35) Functions of money.
36) Explain cash transaction version of quantity theory of money.
37) What is banking? Explain Functions of banks.
38) Discuss credit creation process of banks.
39) What is barter system? Which limitations were there in barter system?
40) Discuss cash transaction version of quantity theory of money.
41) What is reserve bank of India? Which function does it performs.
42) What is credit creation? Discuss the process of credit creation of banks.
43) Methods of correcting balance of payments.
44) Function of public finance.
45) Adverse effects of deficit financing.
46) What is international trade? Advantages and disadvantages of international trade
47) Chracteristics of a good taz system.
48) Theory of Exchange rate determination.
49) Canons of public expenditure.
50) What is deficit financing? Explain adverse effects of deficit financing.
51) Explain cannons of public expenditure. 52) Discuss theory of comparative cost advantage.