Definitions:

• Micro economics
• Macro economics
• Demand
• Supply
• Partial equilibrium
• TU
• Marginal Utility
• Individual or market demand
• Elasticity of demand and supply
• Perfect competition
• Monopoly
• Monopolist cation of income

Distinguish between :

• Demand and supply
• Price elasticity or income elasticity
• Fixed and variable capital
• Land or labor or entrepreneur or cap

Short notes and brief answers:

• Features of micro and macro economics
• Features of utility and its types
• Law of Diminishing marginal utility
• Law of equilibrium marginal utility with both assumption and exemption of both low
• Law of demand and supply and their assumption and exemptions
• Type of demand and supply
• Change in demand and supply
• Price discrimination under perfect competition
• Perfect competition and monopoly and features of monopolistic competition
• Factors of production – Any 1 can be asked.
• Feature of national income
• Aggregate demand and supply
• Keynesian law of consumption
• Types of money
• Primary and secondary and contingent function of money
• Credit creation
• Function of commercial bank and central bank

Short notes , Answer in Brief or Distinguish Between :

• Budget
• Deficit Budget
• Surplus Budget
• Direct tax
• Public debt
• Distinguish between Revenue capital surplus deficit budget
• Direct and Indirect tax
• Budgetary deficit and fiscal deficit
• Kinds of Budget
• Balance Budget