important Topics for 2011 Board Exam
MICRO
Unit - 1 Full - including Central Problems, Economic Problem, PPC, Positive & Normative Issues,
Micro & Macro Economics
Unit - 2 Meaning, Schedule Properties of I.C., Concept of MRS
Determination of Consumer's Equilibrium through IC with its condition
Determination of Consumer's Equilirium with utility analysis
in case of one commodity & two commodities
Concept of expansion & Increase, Contraction & Decrease,
Movement and Shift of DD Curve & SS Curve.
Factors affecting demand & Elasticity of DD.
Numericals on Ed & Es though Proportionate method or total
Expenditure method
Short Note on geometric or point method of Measuring Ed or Es
Relationship b/w following:
(a) AC & MC (b) AVC & MC
(c) AC & AVC (d) TP & MP
(e) TU & MU
Definition & Diagram of various Type of Costs
Numericals to calculate various cost
Determination of Producer's Eq. though TR & TC approach and
MR & MC approach (both In theory & Numerical form)
Law of Variable Proportion OR
Returns to a factor
Definition & Diagram of various degrees of
Ed & Es
Why does Law of Demand OR Law of supply operates
Factors affecting Supply & Es
Various features of Perfect Competition, Monopolist
Competition, Oligopoly & Monopoly and their Implications
[Also in distinguished form]
Shape of AR, MR & TR under difference Mkt situation
Factors lead to creation of Monopoly with its merits
& Demerits
Various cases of Change in DD & SS and its impact on Eq.
Price & Eq. Qty.
MACRO
Definition & Function of Money & Central Bank
Process of Credit Creation with the help of example
(Both in theory & Practical form)
Objection & importance of govt. budget
Meaning, Example & Diff. b/w Capital Receipts, Revenue
Receipts, Capital Expenditure, Revenue Expenditure,
Direct Tax, Indirect Tax
Calculation of Different deficit in govt. budget &
their implications
Meaning & components of BOP
Difference b/w BOP and BOT
Meaning & Merits & Demerits of Fixed Rate of Exchange & Flexible
Rate of Exchange
Source of DD and SS of foreign exchange & how they are affected by FER
Definition of App. & Appreciation in FER autonomous & accomodating
items in BOP
Determination of Equilibrium of Income & Employment through AD & AS approach,
Saving & Investment approach [Also in Numericals form]
Multiplier - full concept including Numericals
Inflation & Deflation - Meaning Diagram
& Remedial Measures [Monetary & Fiscal Policy]
Derivation of Saving curve from Consumption Curve and vice versa
6 Marks Numerical on Calculation of Domestic Income & National or Income
to calculate Personal Disposable Income.
3 Marks Numericals to Calculate NDI & value added
Treatment of Different item in NIA
Small Questions based on the Concept of Intermediate & final goods, Factor
income - Transfer Income, NY at current prices constant price.
Double counting, GNP & Welfare