SAMARTH TEST SERIES/SPEED TEST
SAMARTH TEST SERIES – SPEED TEST (WEEK 03.11.14 TO 08.11.14)
3-NOV-2014 - Monday
Big Questions ( 8 Marks Each)
(1) Explain the features of Micro Economics.**
(2) State and Explain the Law of Diminishing Marginal
Utility. Explain the assumption.***
(3) State and explain law of diminishing Marginal
Utility. Explain its exceptions.***
4-NOV-2014 - Tuesday
Big Questions ( 8 Marks Each)
(1) State and explain the law of demand with
assumption and exception.***
(2) What are the types of Price Elasticity of
Demand?*****
5-NOV-2014 – Wednesday
Big Questions ( 8 Marks Each)
(1)
State and explain the law of supply. What are the
assumptions of this law?***
(2)
State and explain the law of supply. What are the
exceptions to this law?***
6-NOV-2014 – Thursday
Big Questions ( 8 Marks Each)
(1) What is Perfect competition & Explain price
determination in Perfect Competition.***
(2) State the features of Macro- Economics.*****
7-NOV-2014 – Friday
Do You Agree (4 Marks Each)
(1) There
is
difference
between
micro/macro
economics.***
(2) A demand curve slopes downward.**
(3) There are hardly difference between TU & MU.**
(4) Micro Economics is known as income theory.*****
(5) There are no real exceptions to the law of Diminishing
Marginal Utility.**
8-NOV-2014 – Saturday
Do You Agree (4 Marks Each)
(1) When MU is zero, TU diminishes.**
(2) There are no exceptions to the law of demand.**
(3) Market demand depends on several factors.**
(4) There is no difference between stock and supply.**
(5) Price is the only determinant of supply.*****
“HAPPY TO TEACH”
Define Term (2 Marks )
Utility, Marginal Utility,
Micro Economic,
Total Utility,
Partial Equilibrium
Define Term ( 2 Marks )
Demand, Variation in demand,
Composite Demand, Market
Demand Schedule/Curve,
Derived Demand, Direct Demand,
Objectives
1 & 2nd
Chapter
F/B &
M/C
Objectives
3(A) & 3(B)
Chapter
F/B &
M/C
Define Term ( 2 Marks)
Total Utility, Output,
Marginal Utility,
Average Revenue, Stock,
Elasticity of Supply,
Objectives
4&5
Chapter
F/B &
M/C
Define Term ( 2 Marks)
Selling Cost, Market Demand
Schedule,
Cross Elasticity of Demand,
Unitary Elastic Demand,
Income Elastic Demand,
Elastic Demand, Total Cost
Objectives
6&7
Chapter
F/B &
M/C
Distinguish Between
(1) Utility and usefulness**
(2) Total utility and Marginal
utility*****
(3) Desire and Demand*****
(4) Increase in demand and Decrease
in demand*****
(5) Stock and Supply*****
(6) Individual supply and Market
Supply*****
Objectives
1 to 3 (B)
Chapter
True/False
Distinguish Between
(1) Average Revenue and Average
Cost**
(2) Average Cost and Marginal
Cost(AC/MC)***
(3) Perfect competition and Pure
competition.***
(4) Interest and Profit.**
(5) Land and Capital**
(6) Micro- Economics and MacroEconomics*******
(7) Slicing method and Lumping
method*****
Objectives
4 to 7
Chapter
True/False
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