## February 17, 2015

### Junior Inter Economics Model Paper for IPE Telangana and AP Boards

Following is the Economics model question paper for Junior Intermediate students of AP and Telangana Inter Boards. The question paper is as per the latest syllabus. Maximum marks are 100 and duration of the exam is 3 hours. There are three sections in the question paper. Section A and Section C carries 30 marks each and Section B is allotted 40 marks.

SECTION - A

I. i) Answer any THREE out of the following five questions.
ii) Every answer may be limited to 40 lines.
iii) Each question carries TEN marks. 3 × 10 = 30
1. Explain the Law of Diminishing Marginal Utility with its limitations.
2. Explain the three methods of measuring Price Elasticity of Demand.
3. Explain the Cost structure of a firm.
4. Explain the classifications of Markets.
5. Explain the concepts of National Income.

SECTION - B

II. i) Answer any EIGHT out of the following twelve questions.
ii) Every answer may be limited to 20 lines.
iii) Each question carries FIVE marks. 8 × 5 = 40
6. Distinguish between Micro and Macro Economics.
7. Properties of Indifference Curve.
8. Explain the Law of Demand with its Exceptions.
9. What are the main features of Perfect Competition?
10. Explain the concept of Scarcity rent.
11. Explain the components of National Income.
12. ''Supply creates its own Demand" comment on the statement.
13. Explain the Concept of Effective Demand.
14. List out various items of Public Expenditure.
15. State the Contingent Functions of Money.
16. Examine the difficulties in Barter System.
17. What is the relationship between Economics and Statistics?

SECTION - C

III. i) Answer any FIFTEEN out of the following twenty.
ii) Every answer may be limited to 5 lines.
iii) Each question carries TWO marks. 15 × 2 = 30
18. Intermediary Goods 19. Capital Goods
20. Indifference Map 21. Ordinal Utility
22. Income Demand 23. Complimentaries
24. Marginal Cost 25. Law of Supply
26. Selling Cost 27. Market
28. Transfer Earnings 29. Percapita Income
30. Depreciation 31. Full Employment
32. Near Money 33. Lender of last resort
34. Cost Push Inflation 35. What is Bar diagram?
36. Find the mode of data 12, 11, 15, 11, 12, 12, 15, 12, 9, 12
37. Find the A.M. of the data 30, 20, 32, 16, 27