II PUC ECONOMICS

MODEL QUESTION PAPER -1

I TEST ECONOMICS
TOTAL MARKS: 40 TIME: 1HR 30 MIN
PART-A
I Choose the correct answer. Each question carries 1 mark
1x3=3
1. Which of the following is an example of micro economic study?
a. National Income b. Consumer Behaviour
c. Unemployment d. Foreign trade
2. Ordinal utility analysis expresses in
a. Numbers b. Returns c. Ranks d. Awards
3. Cobb-Douglas production function is
a. q =(x, x) b. q =(x1, x2) c. q = (𝑥 , 𝑥 ) d. q= (0)
II fill in the blanks with the correct answer given in the bracket
1x3=3
(Government, Average product , intersect mixed economies )
4. . In reality, all economies are --------------
5.Two indifference curves never------------ each other
6. ------------------defined as the output per unit of variable input.
III 7. Match the following 1x3=3
A B
1. Service of a Teacher a. down ward sloping
2. Demand curve b. d (p) =a- bp
3. TFC + TVC = c. Skill
d. TC

IV Answer the following question in a sentence (each carries one mark )

1x2=2
8. What do you mean by cardinal utility analysis?
9. Give meaning of marginal product.
PART-B

V Answer any 3 of the following questions in 4 sentences (each question

carries 2 marks) 2x3=6
10. Distinguish between positive and normative economics.
11. Mention the central problems of an economy?
12. Mention two different approaches which explain consumer behaviour?
13. What do you mean by inferior goods? give example
14. Mention the types of returns to scale.
15. What are long run costs.

Eco learning by Geetha Mahesh

 II PUC ECONOMICS

PART-C

VI Answer any 3 of the following questions in 12 sentences (each question

carries 4 marks) 4x3=12
16. Briefly explain production possibilities Frontier.
17. Write short note on centrally planned economy
18. Write the differences between normal goods and inferior goods
19. Explain the budget set with the help of diagram.
20. The following table gives the TP schedule of labour find the corresponding
average product and marginal product schedule.
TPL 0 15 35 50 40 48
L 0 1 2 3 4 5

PART-D

V. Answer any 1 of the following questions in 20 sentences (each question

carry 6 marks) 6x1=6
21. Explain features of indifference curve.
22. Write a short note on short run cost.

PART-E

VI. Answer any 1 of the following project oriented question

5x1=5
23. Consumer wants to consume two goods. The price of Banana is rupees 5
and the price of mango is rupees 10 the consumer income is 40
a. How much bananas can he consume if he spend his entire income on that
good.
b how much mangoes can he consume if he spend his entire income on that
good.
c. Is the slope of budget line downward or upward?
d. are the bundles on the budget line equal to the consumers income or not ?
e. if you want to have more of bananas you have to give up mangoes is it true?
24. Find the missing products in the following table.
Factor 1 TP MP1 AP1
0 0 0 0
1 10 - 10
2 24 - 12
3 40 16 13.33
4 - 10 -
5 - 6 11.2
6 57 1 9.5

Eco learning by Geetha Mahesh

 II PUC ECONOMICS

Model ques on paper – 2

I TEST ECONOMICS II - PUC
TOTAL MARKS: 40 TIME: 1HR 30
PART-A
I Choose the correct answer. Each ques on carries 1 mark 1x3=3
1. The scares resources of an economy have
a. Compe ng usages. b. single usages. c. Unlimited usages d. None of the
above
2. The consump on bundles that are available to the consumer depend on
a. color & shape. b. Price & income. c. Income & quality. d. None of the
above
3. The change in output per unit of change in input is called
a. Marginal product. b. Average product. c. Total product. d. Product

II fill in the blanks with the correct answer given in the bracket 1x3=3
(Government, Private sector, minimum horizontal summa on)
4. In a centrally planned economy all important decisions are taken by ______
5. Method of adding two individual demand curves is called______________
6. SMC curve cuts the AVC curve at the _________ below point of AVC curve
from the beginning.
III 7. Match the following 1x3=3
A B
1. Linear Demand curve a. Evalua on of mechanism
2. Norma ve economics b. d (p) =a- bp
3. SMC c. ΔTC/ΔQ
d. TFC+TVC

IV Answer the following ques on in a sentence each carries one mark 1x2=2
8. Why does problem of choice arise?
9. Expand MRS.
PART-B
V Answer any 3 of the following ques ons in 4 sentences each ques on
carries 2 marks 2x3=6
10. Dis nguish between micro and macroeconomics
11. Men on the central problems of an economy?
12. What is monotonic preference?
13. State the law of demand
14. Give the meaning of concepts of short run and long run
15. Name the short run cost

Eco learning by Geetha Mahesh

 II PUC ECONOMICS

PART-C
VI Answer any 3 of the following ques ons in 12 sentences each ques on
carries 4 marks 4x3=12
16. Briefly explain produc on possibili es Fron er.
17. Write the differences between subs tutes and complementary goods
18. Explain the indifference map with the diagram.
19. Write a note on returns to scale
20. Explain the iso-quant with the help of a diagram

PART-D
V. Answer any 1 of the following ques ons in 20 sentences each ques on
carry 6 marks 6x1=6
21. Explain the law of diminishing marginal u lity with the help of the table and
diagram
22. Explain the shape of TP, MP and AP curves.

PART-E
VI. Answer any 1 of the following project oriented ques on 5x1=5
23. Consumer wants to consume two goods. The price of Banana is rupees 5
and the price of mango is rupees 10 the consumer income is 40
a. How much bananas can he consume if he spend his en re income on that
good.
b how much mangoes can he consume if he spend his en re income on that
good.
c. Is the slope of budget line downward or upward?
d. are the bundles on the budget line equal to the consumers income or not ?
e. if you want to have more of bananas you have to give up mangoes is it true?

24. Find the missing products in the following table

FACTOR 1 TP MP AP
0 0 0 0
1 10 - 10
2 24 - 12
3 40 16 13.33
4 - 10 -
5 - 6 11.2
6 57 1 9.5

Eco learning by Geetha Mahesh

 II PUC ECONOMICS

Model question paper - 3

I TEST ECONOMICS - II PUC
TOTAL MARKS: 40 TIME:
1HR 30 MIN
PART-A
I Choose the correct answer. Each question carries 1 mark
1x3=3
1. Which of the following is a macroeconomic variable?
(a) Individual demand (b) Aggregate demand
(c) Firms output (d) Price of a good
2.A vertical demand curve is
(a) Perfectly Elastic (b) Perfectly inelastic
(c) Unitary Elastic (d) None of the above
3. The formula of production function is.
a. Q=f(L,K) b. Q=d(p) c. y=f(x) d. None of the above.

II fill in the blanks with the correct answer given in the bracket 1x3=3
(Inverse U, opposite, Private sector, the problem of choice)
4. . Scarcity of resources gives raise to __________________
5. The demand for a good move in the __________direction of its price
6. Marginal product and average product curves are _______in shape.

III 7. Match the following 1x3=3

A B
1. Unitary elasticity of demand a. d (p) =a- bp
2. LRAC b. |ed|=1
c. Long run average cost
IV Answer the following question in a sentence each carries one mark 1x2=2
8. What is demand?
9. What do you mean by total product?

PART-B

V Answer any 3 of the following questions in 4 sentences each question carries 2 marks
2x3=6
10. What is normative economics?
11. Give the meaning of microeconomics.
12.what do you mean by price elasticity of demand?
13. What are the difference between budget line and budget set?
14. What is iso-quant?
15. Give the meaning of concepts of short run and long run

PART-C

VI Answer any 3 of the following questions in 12 sentences each question carries 4

marks 4x3=12
16. Briefly explain, how the family farm, weaver, teacher can use their resource to fulfil their
needs in a simple economy.
17. Write the differences between Marginal utility Total utility
18. Explain the derivation of slope of the budget line with the help of diagram.

Eco learning by Geetha Mahesh

 II PUC ECONOMICS

19. Explain the long run costs.

20. Write a note on returns to scale.

PART-D

V. Answer any 1 of the following questions in 20 sentences each question carry 6 marks
6x1=6
21. Explain the movement along the demand curve and shift in demand curve with the help of
diagram.
22. A Firms SMC schedule is shown in the following table. TFC is Rs. 100 find TVC, TC,
AVC and SAC schedules of the firm.

Q 0 1 2 3 4 5 6
SMC - 500 300 200 300 500 800

PART-E

VI. Answer any 1 of the following project oriented question

5x1=5
23. Consumer wants to consume two goods. The price of Banana is rupees 5 and the price of
mango is rupees 10 the consumer income is 40
a. How much bananas can he consume if he spend his entire income on that good.
b how much mangoes can he consume if he spend his entire income on that good.
c. Is the slope of budget line downward or upward?
d. are the bundles on the budget line equal to the consumers income or not ?
e. if you want to have more of bananas you have to give up mangoes is it true?

24. Find the missing products in the following table

FACTOR 1 TP MP AP
0 0 0 0
1 10 - 10
2 24 - 12
3 40 16 13.33
4 - 10 -
5 - 6 11.2
6 57 1 9.5

Eco learning by Geetha Mahesh