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# ECO401_Share your Current Mid Term Papers Spring 2016 at One Place from 27 May 2016 to 8 June 2016

ECO401_Share your Current Mid Term Papers

Spring 2016 at One Place

from 27 May 2016 to 8 June 2016

For Important Helping Material related to this subject (Solved MCQs, Short Notes, Solved past Papers, E-Books, FAQ,Short Questions Answers & more)View Featured discussions.

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Share Your Current Mid Term Papers (Questions/Pattern) 27 May 2016 to 08 June 2016 to help each other. Thanks

Solved Mid Terms Papers By MOAAZ & Other Students

Solved Mid Term Papers

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&

Today ECO401 paper.

MCQs were bit tricky

Explain the indifference curve with the help of graph. 3 marks

Differentiate between price elasticity of demand and price elasticity of supply with the help of their formulas. 3 marks

Demand curve is negatively sloped due to two effects, income effect and substitution effect. Differentiate between income effect and substitution effect of a price change. 5 marks

State the law of diminishing marginal utility with the help of an example. 5 marks

Although indifference curve approach is very useful in order to analyze the consumer behavior but still there exist some flaws of this approach. Discuss. 5 marks

Sam thanks for sharing

My Today ECO 401 Mid Term Paper

Question 1.                  (3 Marks)

Define Budget line with the help of graph.

Question 2.                  (3 Marks)

Differentiate between storage and surplus situations.

Question 3.                 (5 Marks)

Calculate the quantity demanded by quadric equation if Qd= 50-10P+P2

if the price is 2.

Question 4.                  (5 Marks)

What are the features of Islamic economic system.

Question 5.           (5 Marks)

Calculate the following levels if quantity demanded is Qd=500+0.2Y. Where the total Income is?

 Income (Y) Levels 100 ? 150 ? 200 ? 250 ? 300 ?

Paper by  faria imran

some mcqs from past papers, some not. only two to three comprised of simple calculations.

subjective

indifference curve approach  5 marks

2 questions about price elasticity    3 marks  / 5 marks

production possibility, elastic inelastic      3 marks

short run vs long run      3 marks

ECO401

Date: 30-05-2016

Time: 12:00 PM

18 Mcqz (conceptual)

1- Find Income Elasticity of Demand? change in Income = 50% and change in Demand is 30% and also tell us which is Elastic or Inelastic? (3)
3- Find Equilibrium Quantity and Equilibrium Price?  (5)
Qd = 100 - 10P
Qs = 40 + 20P
4- Discuss about Law of Diminishing Marginal Utility? (5)
5- Discuss Production Function with Formula? (5)

koe or paper share kar do???????????

Wednesday Paper 01-06-2016

Time : 07: 30

Q1 Discuss Scarcity

Q2  Discuss Economies of scale

Q3 Demand curve is negatively sloped due to two effects, income effect and substitution effect. Differentiate between income effect and substitution effect of a price change.

Q4 Isoquant(5 marks)

Q5 one Numerical on Cross price elasticity.

Mcqs were repeated or not?

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