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Important Topics For 2011 Board Exam ECONOMICS

The document provides an outline of important topics to study for the 2011 board exam in microeconomics and macroeconomics. In microeconomics, it lists key concepts like consumer equilibrium, elasticity, costs of production, and market structures. In macroeconomics, it outlines monetary policy, government budgets, balance of payments, exchange rates, aggregate demand and supply, multiplier effect, and inflation/deflation. The document provides a comprehensive overview of the essential micro and macroeconomic concepts and calculations students need to know to pass the exam.

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Abhilash Paul
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91 views3 pages

Important Topics For 2011 Board Exam ECONOMICS

The document provides an outline of important topics to study for the 2011 board exam in microeconomics and macroeconomics. In microeconomics, it lists key concepts like consumer equilibrium, elasticity, costs of production, and market structures. In macroeconomics, it outlines monetary policy, government budgets, balance of payments, exchange rates, aggregate demand and supply, multiplier effect, and inflation/deflation. The document provides a comprehensive overview of the essential micro and macroeconomic concepts and calculations students need to know to pass the exam.

Uploaded by

Abhilash Paul
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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important Topics for 2011 Board Exam

MICRO
Unit - 1 Full - including Central Problems, Economic Problem, PPC, Positive & Normative Issues,
Micro & Macro Economics
Unit - 2 Meaning, Schedule Properties of I.C., Concept of MRS

Determination of Consumer's Equilibrium through IC with its condition

Determination of Consumer's Equilirium with utility analysis


in case of one commodity & two commodities

Concept of expansion & Increase, Contraction & Decrease,


Movement and Shift of DD Curve & SS Curve.

Factors affecting demand & Elasticity of DD.

Numericals on Ed & Es though Proportionate method or total


Expenditure method

Short Note on geometric or point method of Measuring Ed or Es


Relationship b/w following:
(a) AC & MC (b) AVC & MC
(c) AC & AVC (d) TP & MP
(e) TU & MU

Definition & Diagram of various Type of Costs

Numericals to calculate various cost

Determination of Producer's Eq. though TR & TC approach and


MR & MC approach (both In theory & Numerical form)

Law of Variable Proportion OR


Returns to a factor

Definition & Diagram of various degrees of


Ed & Es
Why does Law of Demand OR Law of supply operates

Factors affecting Supply & Es

Various features of Perfect Competition, Monopolist


Competition, Oligopoly & Monopoly and their Implications
[Also in distinguished form]

Shape of AR, MR & TR under difference Mkt situation

Factors lead to creation of Monopoly with its merits


& Demerits

Various cases of Change in DD & SS and its impact on Eq.


Price & Eq. Qty.

MACRO
Definition & Function of Money & Central Bank

Process of Credit Creation with the help of example


(Both in theory & Practical form)

Objection & importance of govt. budget

Meaning, Example & Diff. b/w Capital Receipts, Revenue


Receipts, Capital Expenditure, Revenue Expenditure,
Direct Tax, Indirect Tax

Calculation of Different deficit in govt. budget &


their implications

Meaning & components of BOP

Difference b/w BOP and BOT

Meaning & Merits & Demerits of Fixed Rate of Exchange & Flexible
Rate of Exchange

Source of DD and SS of foreign exchange & how they are affected by FER
Definition of App. & Appreciation in FER autonomous & accomodating
items in BOP

Determination of Equilibrium of Income & Employment through AD & AS approach,


Saving & Investment approach [Also in Numericals form]

Multiplier - full concept including Numericals

Inflation & Deflation - Meaning Diagram


& Remedial Measures [Monetary & Fiscal Policy]

Derivation of Saving curve from Consumption Curve and vice versa

6 Marks Numerical on Calculation of Domestic Income & National or Income


to calculate Personal Disposable Income.

3 Marks Numericals to Calculate NDI & value added

Treatment of Different item in NIA

Small Questions based on the Concept of Intermediate & final goods, Factor
income - Transfer Income, NY at current prices constant price.
Double counting, GNP & Welfare

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