CSS Economics Past Paper 2016
PAPER-I (Subjective) 80 Marks
PART-II
Attempt ONLY FOUR questions from PART-II. (20×4)
Q. No. 2
Explain and prove mathematically that marginal revenue is less than price in the case of monopolistic market structure.
Q. No. 3
Explain diagrammatically, how an increase in price generates income and substitution effects for a normal good?
Q. No. 4
Explain the inflation and unemployment relationship for pre and post 70s market economy.
Q. No. 5
Deliberate on the various theories developed to study the price and money supply relationship.
Q. No. 6
Discuss the evolution of international monetary systems adopted by the world economies.
Q. No. 7
Discuss Rostow’s stages of growth with special reference to Pakistan.
Q. No. 8
Differentiate between the following:
(a) Personal and disposable income
(b) Net domestic and gross domestic product
(c) Consumer price index and producer price index
(d) Multiplier and accelerator
PAPER–II (Subjective) 80 Marks
PART-II
Attempt ONLY FOUR questions from PART-II. (20×4)
Q. No. 2
Faster development leads to environmental degradation. Explain how development can be sustained without degrading the environment?
Q. No. 3
Critically evaluate major monetary and fiscal measures taken in Pakistan to promote agriculture development.
Q. No. 4
Critically evaluate import substitution and export-led policies adopted in Pakistan for industrial development.
Q. No. 5
Explain factors responsible for deterioration of terms of trade for Pakistan. How can Pakistan improve its terms of trade?
Q. No. 6
Present a detailed account of Pakistan’s experience of the privatization process.
Q. No. 7
Has interest-free banking been successful in Pakistan? Highlight the weaknesses and strengths of interest-free banking in Pakistan.
Q. No. 8
Energy crisis in Pakistan has slowed down the growth process in Pakistan. In your opinion, how can the energy shortage be overcome?