Sub. code 303
NEB — GRADE XI
Set B
Model Question
Class 11 Economics Model Question Set B
The candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.
Pass Marks : 32
सबै प्रश्नको उत्तर दिनुहोस् । (Attempt All Questions)
This model question paper is for Class 11 Economics, Set B (subject code 303), carrying full marks of 75 with a pass mark of 32, to be completed within 3 Hours. Model answers are available for questions that have one — reveal them with a free account (a few reveals) or a paid plan (unlimited).
Group A
Very short answer to the following question
Define positive economics.
Calculate the equilibrium price if Q d =100−5P and Q s =20+3P.
Define Price Elasticity of Demand.
What is Average Product (AP)?
What is National Income?
Define money supply.
Mention any two major economic problems of Nepal.
What is meant by sustainable resource management?
State any two reasons for the low rate of capital formation in Nepal.
What is a straight line?
Write any two uses of statistics in economics.
Group B
Give short answer to the following questions
Critically examine the Scarcity and Choice definition of Economics given by Lionel Robbins.
What is labour? Explain its features.
Explain the Law of Demand with the help of a demand schedule and diagram.
Explain the Expenditure Method of measuring National Income.
Explain the primary and secondary functions of Money.
Discuss the role of natural resources (water resources) in the economic development of Nepal.
Explain the importance of agriculture in the Nepalese economy.
Distinguish between primary data and secondary data.
Find the equation of a straight line passing through A(2,4) and B(6,12). Also calculate its slope.
What are the limitations or exceptions of the law of substitution?
Group C
Give long answer to the following questions
What is Price Elasticity of Demand? Explain the Total Outlay Method of measuring price elasticity of demand with a table and diagram.
What is Foreign Employment? Discuss the positive and negative impacts of foreign employment and remittances on the Nepalese economy.
Calculate the Arithmetic Mean ( X ˉ ) and Median (M d ) from the following frequency distribution:
What is climate change? Explain its impact on the economy.
Paper Overview & Analysis
Set B
Year
Model Question
Type
75
Full Marks
32
Pass Marks
3 Hours
Duration
22
Question Items
Question Type Breakdown
Group Breakdown
Chapter Breakdown
| National income accounting | 3 items | 11 marks |
| Natural resources of Nepal | 3 items | 14 marks |
| Basic mathematics | 3 items | 7 marks |
| Demand, Supply and Market equilibrium | 2 items | 6 marks |
| Elasticity of demand and supply | 2 items | 6 marks |
| Money and inflation | 2 items | 6 marks |
| Definition of economics: Adam Smith, Alfred Marshall, Robbins | 1 item | 1 mark |
| Theory of production | 1 item | 1 mark |
| Review of economy of Nepal | 1 item | 1 mark |
| Economic development, growth and capital formation | 1 item | 1 mark |
| Agriculture | 1 item | 5 marks |
2 question items offered alternative ("OR") chapters and aren't attributed to either, since only one could be attempted.