Economics 1st & 2nd Term Important Questions Garde 11

 Disclaimer: This blogs includes only the limited important questions. More questions are going to updated soon.Therefore, make sure you focus on grasping the concept not just passing an exam.

Chapter -1 

. All Economics Definition

. Concept of positive and normative economics

. Differences between micro and macro Economics

. Classification/ types of goods

. Introduction and features of factors of production

 

Chapter-2

. Differences between Desire and Demand 

. Types/kinds of Demand 

. Determinants of demand

. Law of demand

. Differences between movement along shift in demand curve

Chapter -3

. Types of elasticity of demand

. Types/degree of price elasticity of demand 

. Types of income elasticity of demand

. Types of cross elasticity of demand

Chapter-6

. Scope of macroeconomics 

. Macroeconomics variables 

. Closed and open economy (

. Differences between open a closed economy 

 

Chapter -7 (very important chapter)

. Various concepts of national income

. Differences between GDP nd GNP

. Differences between Real and Nominal GDP

. Measurement of National Income

. Difficulties in the Measurement of National Income in the context of nepal 

Money and inflation 

. Functions of Money

. Forms/kinds of money 

. Quantity theory of money (Fishers equation)

. Types of inflation

. Causes of inflation

. Effect of inflation and deflation 

. Causes of deflation 

Chapter - 10 

. Contemporary features of nepalese economy 

Chapter-11 

. Classification of natural resources 

. Important  water resources 

. Potentiality of water resources in nepal 

. Problems of water resources development in nepal

More Notes! More Important Questions are on the way! Just Remember NPL NOTES For Your Academic Success.