CSS Economics 2006

Q.2. Critically examine the elasticity of demand with reference to Price of the commodity and Income of the consumer. (20)

Q.3. Differentiate between Perfect Competition and Monopoly. Which one is followed by the real world? If not, then name the existing one. (20)

Q.4. Explain the Keynesian Consumption Function with suitable examples. (20)

Q.5. Why we demand for Money? Explain each one of them. (20)

Q.6. It is said that “Consumer Financing through Banking system is dangerous”. Explain (20)

Q.7. Differentiate between Balance of Trade and Balance of Payments with suitable examples. (20)

Q.8. “Economic Growth is linked to the Development of Banking System.” Explain. (20)