Class 11 Economics notes and question bank — NEB Exam
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Economics

Class 11 - 19 Chapters

Class 11 Economics Chapter-Wise Questions

Past NEB exam questions for Economics, organised chapter by chapter.

Basic concept of economics and allocation of resources

  • Which definition of economics is based on the principle of scarcity and choice?
  • Explain Robbins' definition of economics.
  • Critically examine the Scarcity and Choice definition of Economics given by Lionel Robbins.
Definition of economics: Adam Smith, Alfred Marshall, Robbins: notes and all important questions

Microeconomics

  • Based on the given data, compute Average Product (AP) and Marginal Product (MP). Graph the three stages of production…
  • Law of Variable Proportions Meaning & Concept.
  • Law of Variable Proportions Analysis (a) Compute Average Product (AP) and Marginal Product (MP) in the table. (b)…
Demand, Supply and Market equilibrium: notes and all important questions
  • What is Price Elasticity of Demand? Explain the Total Outlay Method of measuring price elasticity of demand with a…
  • What is Total Utility when Marginal Utility is zero?
  • Define Price Elasticity of Demand.
Elasticity of demand and supply: notes and all important questions
  • State the Law of Diminishing Marginal Utility.
  • Utility Analysis Task (a) Complete the marginal utility values in the schedule. (b) Outline the structural relationship…
Consumer’s Behavior: notes and all important questions

Macroeconomics

  • Explain the Law of Diminishing Returns with a schedule and diagram.
  • What is Money? Describe the primary and secondary functions of money.
  • Methods of Measuring National Income and Challenges in Nepal
Introduction to macroeconomics: notes and all important questions
  • Define National Income. Explain the Income Method and Expenditure Method of measuring National Income.
  • What is Foreign Employment? Discuss the positive and negative impacts of foreign employment and remittances on the…
  • What is Gross Domestic Product (GDP)?
National income accounting: notes and all important questions
  • Explain the secondary and contingent functions of money.
  • Mention any two primary functions of money.
  • Explain the primary and secondary functions of Money.
Money and inflation: notes and all important questions

Development economics

  • Define the term economic development.
  • Examine the role of industrial sector in the economic development of Nepal.
  • What is Economic Development?
Economic development, growth and capital formation: notes and all important questions

Economy of Nepal

  • Explain the importance of agriculture in the Nepalese economy, its existing problems, and measures for improvement.
  • Mention any two features of the Nepalese Economy.
  • What is the current primary driver/sector of Nepal's GDP?
Review of economy of Nepal: notes and all important questions
  • What is climate change? Explain its impact on the economy.
  • Discuss the potential and utilization of water resources in Nepal.
  • Discuss the role of natural resources (water resources) in the economic development of Nepal.
Natural resources of Nepal: notes and all important questions
  • Critically evaluate government measures and strategic initiatives aimed at modernizing agriculture in Nepal.
  • Evaluate the efforts made for the modernization and commercialization of agriculture in Nepal.
  • Explain the role and importance of the industrial sector in the economic development of Nepal.
Agriculture: notes and all important questions
  • Discuss the structural role played by the industrial sector in advancing Nepal's economic growth.
  • Present the role and problems of the tourism sector in the economic development of Nepal.
  • Evaluate the major causes for the slow growth rate of the Nepalese economy.
Manufacturing and tourism industry in Nepal: notes and all important questions

Quantitative analysis for economics

  • If Q d =50−5P and P=4, find the quantity demanded.
  • If the supply function is Q s =10+2P, find the quantity supplied when price (P) is Rs. 5.
  • Given the demand function Q d =100−2P and supply function Q s =20+2P, find the equilibrium price (P) and equilibrium…
Basic mathematics: notes and all important questions