CSS Forums

CSS Forums (http://www.cssforum.com.pk/)
-   CSS 2014 Papers (http://www.cssforum.com.pk/css-past-papers/css-papers-1971-2015/css-2014-papers/)
-   -   Economics Papers 2014 (http://www.cssforum.com.pk/css-past-papers/css-papers-1971-2015/css-2014-papers/90353-economics-papers-2014-a.html)

shtanzeel Sunday, February 23, 2014 05:17 PM

Economics Papers 2014
 
Paper -Two

2. Discuss the common characteristics of developing countries like Pakistan.

3. Differentiate Absolute Poverty and Relative Poverty. Explain the poverty reduction strategies in Pakistan.

4. Define Agriculture price policy and its kinds. What are the objectives of agriculture price policy in developing countries like Pakistan.

5. Explain the major monetary and fiscal measures to promote industrial development.

6. Give the causes of deficit in balance of payments in pakistan and suggest measures to correct the adverse balance of trade.

7. what is the difference between collective and cooperative farming? Explain the advantages and causes of failure of cooperative farming.

8. Write NOTES on the following:
a. Trends in foreign remittances
b. Privatization Policy.

shtanzeel Sunday, February 23, 2014 05:26 PM

Paper-One
 
2. Given the profit function of a firm
Profit=80X-2X^2-XY-3Y^2+100Y
Using the Lagrange Multiplier Method, find the maximum of the profit function subject to the constraint that X+Y=12

3. Using the Utility Maximization Model show that total price effect is equal to the sum of income and substitution effects.

4. Differentiate between monopoly and perfect competition. How price and output is determined under monopoly in the short run.

5. a. Define and explain the concept of AFC, AVC, ATC, and Marginal Cost with the help of diagram.
b. What is the significance of the point where Marginal Cost is equal to Average Cost? Describe this relation mathematically as well as graphically.

6. Given below is the information about money market in a economy (all values in billions).
C= Currency in circulation
D=Demand Deposits
X=Excess Reserves
r=reserve requirement on demand deposits=0.05
C/D=0.25
X/D=0.05
Calculate the value of the following:
a. Monetary Base
b. M1 Money Supply
c. Money Multiplier
d. Change in Monetary base required to achieve M1=$800

7. Use the keynesian cross to predict the impact of:
a. An increase in government purchases.
b. An increase in taxes
c. An equal increase in government purchases and taxes

8. Write Short Notes on the following:
a. Consumers and producer surplus
b. Compensating and Equivalent Variation
c. Phillips Curve.

peaceful loin Monday, May 26, 2014 11:38 AM

[QUOTE=shtanzeel;699238]especially the mcq of paper one. All 20, conceptual but very easy.[/QUOTE]

Is it advisable to opt economics as optional in CE-2015? Please give your opinions because some prohibit me to opt it. Thanks.

waqas izhar Tuesday, May 27, 2014 08:03 AM

i appeared in 2014 and will opt it in 2015 again. to solve paper a go thoroghly through the followong books
1. principles of economics by mankiw
2. macroeconomics by mankiw
3. fundamental methods of mathematical economics by chiang.

if you can somehow send me your email address. i can send you soft copies.

get my email address from my profile

iFarazAhmed Tuesday, May 27, 2014 04:31 PM

[QUOTE=waqas izhar;723554]
if you can somehow send me your email address. i can send you soft copies.

get my email address from my profile[/QUOTE]

Please send me soft copies of these books.
I have provided My email in My profile.

shtanzeel Tuesday, May 27, 2014 05:24 PM

[QUOTE=waqas izhar;723554]i appeared in 2014 and will opt it in 2015 again. to solve paper a go thoroghly through the followong books
1. principles of economics by mankiw
2. macroeconomics by mankiw
3. fundamental methods of mathematical economics by chiang.

if you can somehow send me your email address. i can send you soft copies.

get my email address from my profile[/QUOTE]

i dont think he needs to go through all book of chiang. He needs to see utility etc and related concepts mathematically.

waqas izhar Wednesday, May 28, 2014 10:53 AM

[QUOTE=shtanzeel;723755]i dont think he needs to go through all book of chiang. He needs to see utility etc and related concepts mathematically.[/QUOTE]

yes. he needs to go through the first four parts of chiang

peaceful loin Wednesday, May 28, 2014 12:08 PM

Economics- scoring or not?
 
Seniors please guide whether economics is a scoring subject or not? what's its trend of scoring. thanks.

waqas izhar Wednesday, May 28, 2014 12:36 PM

[QUOTE=peaceful loin;724019]Seniors please guide whether economics is a scoring subject or not? what's its trend of scoring. thanks.[/QUOTE]

usually economics is discouraged... but in 2014 the paper set was scoring...
the syllabus is lengthy though

peaceful loin Wednesday, May 28, 2014 12:46 PM

[QUOTE=waqas izhar;724034]usually economics is discouraged... but in 2014 the paper set was scoring...
the syllabus is lengthy though[/QUOTE]

what was your strategy for 2014? And plz send me soft copies, I've sent u email.

waqas izhar Wednesday, May 28, 2014 08:05 PM

[QUOTE=peaceful loin;724041]what was your strategy for 2014? And plz send me soft copies, I've sent u email.[/QUOTE]

my strategy for 2014 was not error free. you should begin with chiang. the microeconomics. and finally macroeconomics. for pakistan economy i did not use any pet textbook but i must have. i am still in search for a decent book about pakistan economy. although learn to read the economic survey of pakistan.

regards

shtanzeel Thursday, May 29, 2014 08:23 AM

[QUOTE=waqas izhar;723990]yes. he needs to go through the first four parts of chiang[/QUOTE]

if he has very strong hold on theory, he can even attempt leaving mathematical questions in choice. Personally i used advanced mathematical eco of eugene silberberg for utility etc preperation. The 2014 paper was very easy, and i gave it with just 2 days preperation

waqas izhar Thursday, May 29, 2014 02:55 PM

[QUOTE=shtanzeel;724398]if he has very strong hold on theory, he can even attempt leaving mathematical questions in choice. Personally i used advanced mathematical eco of eugene silberberg for utility etc preperation. The 2014 paper was very easy, and i gave it with just 2 days preperation[/QUOTE]


you must have done masters. i will appear in previous in june from PU.

shtanzeel Friday, May 30, 2014 07:42 PM

[QUOTE=waqas izhar;724529]you must have done masters. i will appear in previous in june from PU.[/QUOTE]

Yes, you are write, i even pursued M.Phil in it. But the paper was really very simple. especially the mcq of paper one were 20/20 very basic level

waqas izhar Saturday, May 31, 2014 09:43 PM

[QUOTE=shtanzeel;725130]Yes, you are write, i even pursued M.Phil in it. But the paper was really very simple. especially the mcq of paper one were 20/20 very basic level[/QUOTE]

you pursued? or are you done with it?

shtanzeel Sunday, June 01, 2014 11:48 AM

[QUOTE=waqas izhar;725542]you pursued? or are you done with it?[/QUOTE]

i cleared my coursework in 2010, from gc university. Thereafter i joined government service & not visited university for a single day. So i used word "pursued" and not done/completed.

waqas izhar Sunday, June 01, 2014 04:17 PM

[QUOTE=shtanzeel;725746]i cleared my coursework in 2010, from gc university. Thereafter i joined government service & not visited university for a single day. So i used word "pursued" and not done/completed.[/QUOTE]

Ma'am there is a question Punjab university past papers which asks for the difference between value of marginal product of labour and marginal revenue product of labour with diagrams. Specifically it asks about difference between VMPL and MRPL. are they not both the same thing I.e. price multiply by mpl. I am appearing in previous next month from PU as a private candidate so no instructor to ask from.
Secondly ma'am how to represent substitution and income effect through calculus. I am using Chiang but the analysis is a bit difficult to understand.
Regards

amjad jutt Monday, July 21, 2014 01:31 AM

its scoring subject but only for those who have strong background of economics.. minimum masters degree in economics

ziaulwahab Sunday, January 25, 2015 10:42 PM

Please send me the soft copies of these books.
thanks

waqas izhar Sunday, January 25, 2015 10:56 PM

[QUOTE=ziaulwahab;799700]Please send me the soft copies of these books.
thanks[/QUOTE]
Mail me. My id is in my profile.

Zia UllahPG Monday, January 26, 2015 07:00 AM

[QUOTE=waqas izhar;799703]Mail me. My id is in my profile.[/QUOTE]

I dont think so that one need to have a strong background in Economics, I personally did BSc (Hons) in Economics, my roomate topped in MPHil from one of the Leading institute of Islamabad, PIDE..He cleared his PCS as an Economic lecturer by securing 3rd position,yet he was declared failed in CSS in one paper :sad...i think you just need to know its basic...

[QUOTE=waqas izhar;799703]Mail me. My id is in my profile.[/QUOTE]

And please,send me these economics book..I have sent you an email..Thanks

Wannabee Friday, February 13, 2015 05:29 PM

Dear I could not find your email address in your profile. All it shows is your lost location. I need all these books. Please let me know your email add, or if any other fellow has received these books kindly forward them to me.

waqas izhar Friday, February 13, 2015 06:02 PM

check again :)

musmanhussain Saturday, April 18, 2015 03:47 PM

@Waqas Izhar
Please sent me these soft books of economics,my email id in my profile.

fadk Saturday, April 25, 2015 01:17 PM

[QUOTE=waqas izhar;724034]usually economics is discouraged... but in 2014 the paper set was scoring...
the syllabus is lengthy though[/QUOTE]
Can you please explicitly mention as to what topics from Chang require a candidates reading? I want to know mathematical portion of the syllabus.

shtanzeel Thursday, June 04, 2015 12:53 PM

[QUOTE=fadk;822892]Can you please explicitly mention as to what topics from Chang require a candidates reading? I want to know mathematical portion of the syllabus.[/QUOTE]

To proof the utility & cost/production related things, you need to be well versed with minimization and maximization, and basic skills for derivation etc. These are taught at every university level courses. These are not at all tough to comprehend. You can see past papers of economics like 2014. You will get to know its not a big deal. For money multiplier, i suggest you to see the book of Aamir Rafiq on monetary economics, easily available from urdu bazar, You will never make mistake in monetary base question (even for numerical type asked in 2014), if you go through the relevant chapter of it.

Junaid Ahmed Qazi Sunday, March 13, 2016 11:55 PM

Sir Kindly send me the soft copies of these books.

waqas izhar Thursday, April 14, 2016 07:57 AM

[url]http://www.cssforum.com.pk/css-optional-subjects/group-i/economics/100532-links-soft-copies.html[/url]


08:12 AM (GMT +5)

vBulletin, Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.