Read and download CBSE Class 11 Economics Question Paper Set W Solved designed as per the latest question paper pattern and Class 11 examination guidelines issued by CBSE, NCERT and KVS. The past year Question Papers for Class 11 Economics have been provided with solutions which will help students to assess their performance and find out topics in Economics Class 11 which they need to improve to get better marks in Class 11 exams. After solving these last year papers also refer to solved Sample Papers for Class 11 Economics available on our website to build strong understanding of the subject
Economics Question Paper Class 11
Students can refer to the below Class 11 Economics Question Paper designed to help students understand the pattern of questions that will be asked in Class 11 exams. Please download CBSE Class 11 Economics Question Paper Set W Solved
Economics Class 11 Question Paper
PART A – MICRO ECONOMICS
1 Expansion of demand is due to: (choose the correct alternative)
A. Increase in price of substitute good.
B. Increase in income of the consumer.
C. Decrease in price of complementary good.
D. Decrease in price of the good.
2 A budget line of the consumer becomes steeper (slope increases) when: (Choose the correct alternative)
A. Income of the consumer decreases
B. Price of good1 increases
C. Price of good 1 decreases
D. Prices of both good1 and good2 increase in the same proportion
3 Define Marginal Opportunity Cost.
OR
Define Marginal Rate of Substitution.
4 What can you say about Marginal Product when Total Product is maximum and constant?
OR
What happens to Total Fixed Cost when firm increases the level of output?
5 Discuss the nature of Total Revenue curve of a firm if the firm is functioning under a perfectly competitive market.
OR
Discuss the implication behind the feature of ‘perfect freedom of entry and exit’ of firms under perfect competition.
6 A firm supplies 500 units of a good at a price of Rs.20 per unit. Its price elasticity of supply is 2. At what price will this firm supply 400 units?
7 Using suitable diagram explain the effect on demand for a good when:
a. Price of its substitute good falls.
b. Price of its complementary good falls.
8 Discuss the nature of Average Revenue and Marginal curves of a firm under conditions of perfect competition. Explain with reasons and diagram.
9 Define Marginal Rate of Transformation. How does it influence the shape of production possibility curve? Show with diagrams.
OR
Define a Production Possibility Curve. How does it explain the problem of choice? Explain using a diagram.
10 In the recent budget government decided to fix a floor price of Wheat by 40% above the market price. What could be the purpose behind this policy? What are the possible consequences of the policy? Explain using a diagram.
OR
Consider the market for Tea in terms of its market price and quantity exchanged. Explain the possible impact on its market price and quantity exchanged when market price of coffee rises. Use diagram.
11 Briefly explain the theory of optimal choice of the consumer using budget line and indifference curve.
12 A firm is increasing the employment of a variable input keeping the employment of all other inputs constant. What could be the impact on Its Marginal Product and Total Product? Explain the impact in three stages with diagram.
PART B – STATISTICS
13 State one difference between a discrete variable and a continuous variable
OR
How is chronological classification different from Spatial classification of data
14 Interpret the value of ‘r=+1’ in the case of coefficient of correlation.
OR
Interpret the result if all the dots in a scatter diagram lie on an upward sloping straight line.
15 Statistical calculation of a classified data is based on: (Choose the correct alternative)
A. Actual values of observations
B. The upper class limits
C. The lower class limits
D. The class mid points
16 State one advantage of arithmetic mean over median
17 Calculate Arithmetic Mean for the following distribution
Calculate First Quartile, Second Quartile and Third Quartile for the following distribution
18 The subject economics involves the study of man engaged in economic activities of various kinds. These economic activities are broadly classified under three heads. What are these? State with meaning.
19 The most common type of instrument used in surveys to collect information or data is questionnaire. The success of any statistical investigation is determined by the quality of the questionnaire and the response that evoke from the respondents. What are the essential characteristics of a good questionnaire?
OR
It is stated that ‘Non Sampling errors’ are more serious than ‘Sampling errors’. Why? What are the possible non sampling errors? Explain with meaning.
20 Find product moment correlation using the method of Karl Pearson’s coefficient of correlation for the following data related Values of X and Values of Y.
21 Draw a pie diagram for the following information regarding expected expenditure allocated for the different sub-sectors of Primary sector of the economy in the recent budget.
Sectors Expenditure (Rs. Crores)
Agriculture 1400
Animal Husbandry 1250
Fisheries 700
Forestry and Logging 600
Mining and Quarrying 1050
22 Calculate the value of Mode and locate the same on a graph and verify the result.
23 Calculate Standard Deviation and its coefficient
Calculate Mean Deviation from median and its coefficient for the following distribution
24 Calculate Index numbers for the year 2010 considering 2005 as the base year using the following methods:
a. Laspeyer’s Method.
b. Paasche’s Method.
Please click on below link to download CBSE Class 11 Economics Question Paper Set W Solved
CBSE Class 11 Economics Question Paper Set W Solved
We hope you liked the above provided CBSE Class 11 Economics Question Paper Set W Solved. To get an understanding of the type of questions which were asked in previous year exams, it is important for Class 11 students to refer to CBSE Class 11 Economics Question Paper Set W Solved that we have provided above. Students can download all the Question Papers for Class 11 Economics which were issued in the exams so that you can practise them and solve all types of questions which have been asked till now. By doing all CBSE Class 11 Economics Question Paper Set W Solved PYP (previous year papers) you will understand the regular questions and MCQ questions for Class 11 Economics which are always asked and learn them so that you can get full marks in those questions. You can download CBSE Class 11 Economics Previous Year Question Papers and Class 11 Economics Sample Papers in PDF. You should attempt all the last year question paper for Class 11 and Class 11 Economics MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.
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