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‎FIFTH SEMESTER (CBCSS-UG) DEGREE EXAMINATION
NOVEMBER 2022
Economics
ECO 5D 01—ECONOMICS IN EVERYDAY LIFE
(2019 Admission onwards)
Two Hours Maximum : 60 Marks
Section A (Short Answer Questions)

‎Maximum marks in this section is 20.
Students can attempt all questions.

‎Each question carries a maximum of 2 marks.

‎Balance of trade.
Repo rate.
Cross elasticity of demand.
Per capita income.
Price maker and price-taker.
Cartel.
Merger.
Budget.
Fiscal deficit.
Open market operations.
Scarcity definition of economics.
Law of demand.

‎Section B (Short Essay/Paragraph Questions)

‎Maximum marks in this section is 30.
Students can attempt all questions.

‎Each question carries a maximum of 5 marks.
Differentiate between current account and capital account of balance of payments.

‎What are the determinants of demand ?

‎Turn over

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