Sub. code 303
NEB — GRADE XI
Set E
Model Question
Class 11 Economics Model Question Set E
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 E (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 Questions
Which definition of economics is based on the principle of scarcity and choice?
What type of relationship exists between price and quantity demanded according to the Law of Demand?
What is Total Utility when Marginal Utility is zero?
Write the formula for Marginal Rate of Substitution (MRS xy ).
Define National Income.
What is Inflation?
State the main difference between Economic Growth and Economic Development.
Write one major benefit of foreign employment in Nepal.
Mention one major problem facing the agricultural sector in Nepal.
Write the standard form of a straight-line equation.
Find the derivative for the function y=5+3x.
Group B
Short Answer Questions
What is Price Elasticity of Demand? Explain its types.
What is shift in demand curve? Explain.
Discuss the difficulties encountered in measuring National Income.
Explain the process of Capital Formation in developing countries like Nepal.
Present the role and problems of the tourism sector in the economic development of Nepal.
Discuss the potential and utilization of water resources in Nepal.
Given the demand function Q d =100−2P and supply function Q s =20+2P, find the equilibrium price (P) and equilibrium quantity (Q).
Find the Marginal Cost (MC) using calculus if the Total Cost function is TC= −6 +15Q+100.
Discuss the potential and challenges of hydroelectricity development in Nepal.
Complete the following table and show the relationship between Total Utility (TU) and Marginal Utility (MU):
Units Consumed | Total Utility (TU) | Marginal Utility (MU) |
1 | 12 | 12 |
2 | 20 | ? |
3 | 25 | ? |
4 | 27 | ? |
5 | 27 | ? |
6 | 24 | ? |
Group C
Long Answer Questions
Explain the Law of Diminishing Returns with a schedule and diagram.
What is Money? Describe the primary and secondary functions of money.
Explain the importance of agriculture in the Nepalese economy, its existing problems, and measures for improvement.
Law of Variable Proportions Meaning & Concept.
Paper Overview & Analysis
Set E
Year
Model Question
Type
75
Full Marks
32
Pass Marks
3 Hours
Duration
22
Question Items
Question Type Breakdown
Group Breakdown
Chapter Breakdown
| Introduction to macroeconomics | 5 items | 23 marks |
| Basic mathematics | 4 items | 7 marks |
| Demand, Supply and Market equilibrium | 3 items | 7 marks |
| Economic development, growth and capital formation | 2 items | 6 marks |
| Review of economy of Nepal | 2 items | 2 marks |
| Definition of economics: Adam Smith, Alfred Marshall, Robbins | 1 item | 1 mark |
| Elasticity of demand and supply | 1 item | 1 mark |
| Manufacturing and tourism industry in Nepal | 1 item | 5 marks |
| Natural resources of Nepal | 1 item | 5 marks |
2 question items offered alternative ("OR") chapters and aren't attributed to either, since only one could be attempted.