NEB - Economics Grade XI (11) model Questions (2078-2022) NEB - Economics Grade XI (11) model Questions (2078-2022)

# NEB - Economics Grade XI (11) model Questions (2078-2022)

Subject: Economics
Type: The model question as per the new syllabus of class 11 Economics.
Time : 3 Hrs. (Full Marks): 75

(The candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.)

Group A

(Attempt All Questions.) (11 x 1 = 11)

1. What is an economic good.
2. If demand function is: Qd = 150 +10P and supply function is:Qs = 300 – 20P, find the equilibrium price
3. What is the closed economy?
4. How is the disposable income calculated?
5. What is the economic development
6. Write any two features of the Nepalese Economy.
7. Mention any two uses of mineral resources in the agriculture sector
8. Write any two applications of the internet.
9. Write any two uses of Mathematics in Economics.
10. Find the differential coefficient of 3×2
11. Find the slope of the straight line passing through points A(2, 3)
and B(5, 7).

Group B
(Attempt All Questions) (8 x 5 = 40)

12. Explain the Marshallian definition of economics.
(Or),What is labor? Explain its features. (1+4=5)

13. Explain the law of demand.

14. Answer the following questions based on the given table. (2.5+2.5=5)
 Price (Rs./ Kg) 5 10 15 Quantity supplied 1 2 3

a.Find the elasticity of supply when the price of a commodity increases from Rs.5 to Rs. 15.
b.Find the elasticity of supply when the price of a commodity decreases from Rs. 15 to Rs. 10.

15. Answer the following questions based on the given table: (2+1.5+1.5=5)
 Units of Commodity consumed Total Utility Marginal Utility 1 5 2 9 3 12 4 14 5 15 6 15 7 14 8 12
• Complete the given table.
• Draw the total and marginal utility curves from the completed table.
• Show the relationship between total and marginal utility curves.
16. Mention the functions of money

17. Evaluate the causes of the Nepalese economy lagging behind in the process of economic development.

18. Explain the effects of climate change on the economy of Nepal.

19. Find the equation of the straight line which passes through point A(-5, 10) and makes equal intercepts on both axes.

(Or),

If the production function is given by : Q = 4L + 3L2 + 7L3, then solve the following questions:

a.Find marginal production function.
b.Find the marginal product when the unit of labor is 5.

Group C

(Attempt All Questions) (3 X 8 = 24)

20. Answer the following questions based on the given table
 Land in Ropanies Unit of labor Total Product (In KG) Average Product (In KG) Marginal Product (In KG) 15 0 - - - 15 1 10 15 2 30 15 3 60 15 4 80 15 5 90 15 6 90 15 7 80 15 8 60

a.Complete the table by computing the average product and marginal product.
b.Show the three stages of production in a diagram and explain.

21. Why measurement of national income is more difficult in developing countries like Nepal? Explain.

22. Evaluate the efforts made for the modernization and commercialization of agriculture in Nepal.

(Or),

Examine the role of the industrial sector in the economic development of Nepal.