CSS Economics Past Paper 2012
PAPER-I (Subjective) 80 Marks
PART-II
Attempt ONLY FOUR questions from PART-II. (20×4)
Q. 2 Explain how the Market demand curve can be derived from the Indifference curve approach?
Q. 3 Define Multiplier. Also explain the impact of the Multiplier on National income and employment of the economy.
Q. 4 Compare and contrast the Fisher and Cambridge equations of money.
Q. 5 Explain the process of creation of credit money and also discuss its properties.
Q. 6 Explain how Inflation and Deflation can be controlled by the Central Bank?
Q. 7 Critically analyze the slogan of “Trade not aid”. Is it possible with reference to Pakistan?
Q. 8 Critically discuss the Modern Theory of International Trade and how it impacts cost-effectiveness?
Q. 9 Write notes on the following:
- (i) Protection policy of Industrial Development
- (ii) Balance of payment as a domestic resource development
PAPER–II (Subjective) 80 Marks
PART-II
Attempt ONLY FOUR questions from PART-II. (20×4)
Q. 2 Discuss Arbitrary poverty line. Also discuss how poverty is measured with Basic Need Approach?
Q. 3 Critically analyze the Economic Planning as a “Steering” of the economy and without planning like a ship having no destination. Comment with reference to Pakistan.
Q. 4 Discuss the evolutionary development of Grain Revolution in Pakistan. Comment with examples from the Pakistan economy.
Q. 5 Keeping in view the Land Reforms in Pakistan, comment on how much these are significant to achieve the targets of decentralization of wealth and income inequalities.
Q. 6 Analyze and comment on Industrial Development as a domestic resource development and enhancement of absorption capacity for employment generation in Pakistan.
Q. 7 Keeping in view the Market-friendly approach of Economic Development, discuss privatization as a path to economic prosperity.
Q. 8 Differentiate Economic Development and Economic Growth. Also discuss the Modern concept of Economic Development.
Q. 9 Write notes on the following:
- (i) Migration outflows
- (ii) Balance of payment as a source of capital formation