National Examinations Board (+2)
+2 Humanities (Class 11 and 12)
Class 12 · NEB 2076 (old course)
Course Title: Economics (Eco)
Full Marks: 100Pass Marks: 35Time: 3 hrs
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
Long answer questions(2 × 10 = 20)
- 1.10
Define price elasticity of demand. Explain the types of price elasticity of demand. [3+7]
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- 2.10
Explain the law of variable proportions.
- 3.10
Define monopoly. How are price and output determined under it? [3+7]
GROUP: B | Short answer questions | 4 × 5 = 20
- 14.10
Define national income. Explain the difficulties in national income measurement. [3+7]
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- 15.10
Define direct and indirect tax. Explain the features of good tax system. [4+6]
- 16.10
Explain the Ricardian comparative cost theory of international trade.
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