CSS 2018 Economics Combined Papers Past Paper

Paper details

Examination

CSS

Year

2018

Subject

Economics

Paper

Combined Papers

Subject type

Optional

Mode

Subjective

Questions recorded from this paper

These 12 question wordings are transcribed from CSS Vista’s structured Economics past-paper record for CSS 2018.

1. Q3 · Component of Aggregate Demand(a) How the concepts of notional aggregate demand (Keynesian) and real aggregate (10) demand (neo-classical), leads to economic fluctuations in the economy. (b) How equilibrium is established in the market under the above (a) approaches. (10) (20)
2. Q8 · Money Demand and SupplyWrite short note on any TWO of the followings. (10 each) (20) (i) Perfect and Pure competition (ii) Monetary policy and its tools to control of money supply (iii) Balanced and Un-balanced growth theory Roll Number
3. Q2 · General Equilibrium Analysis(a) State the bases of IS-LM framework (equations &establish equilibrium) and (15) comment whether it is a short run or long run analysis. State bases for your answer. (b) Do you think this approach (a) above, is still applicable for policy formulation. (5) (20)
4. Q4 · Fiscal Policy(a) Analyze three different shapes of Aggregate Supply Curve (Constant, positively (10) sloped and vertical). (b) Explain the role of shifts in Aggregate Demand and their impacts on economy (10) (20) in all three types of Aggregate Supply Curves. Relate such impacts in response to Fiscal policy.
5. Q6 · International Trade(a) Discuss major cannons of taxation and their relevance to tax system in Pakistan. (10) (b) Do you think that the tax system in Pakistan is based upon cannons of taxation (10) (20) (restrict your discussion to the application of cannons of taxation).
6. Q7 · Balance of Payments(a) What is Balance of Payment? Point out its major components. (10) (b) Analyze any one years’ BOP of Pakistan. (10) (20)
7. Q5 · Economic Development(a) Explain Arc and Cross elasticities and analyze their role in decision making by (10) the consumers. (b) Point out application of these theories; quote such examples and explain. (10) (20)
8. Q7 · Sustainable DevelopmentIdentify and prioritize three factors hindering the economic progress in Pakistan. What (20) measures would you propose for the sustainable growth of the economy?
9. Q4 · Planning Experience of Pakistan: A critical evaluation of the strategy ofAgriculture’s share in GDP and employment in Pakistan has reduced over time. (20) Express your views about this decline in the light of the experience of some developed countries in the world.
10. Q3 · Balance of PaymentsExpress your views about trends in the balance of trade in Pakistan and factors (20) affecting them. How the situation can be made favourable for Pakistan?
11. Q6 · Pakistan Experience of PrivatizationSpecifically describe the history of nationalization, denationalization and privatization (20) in Pakistan. Why denationalization of the nationalized organizations became inevitable in Pakistan?
12. Q5 · Energy Policy of PakistanCritically examine the performance of fiscal policy adopted in Pakistan overtime. (20) Express your views about the appropriateness of fiscal policy tools applied for the chosen fiscal policy.

Topic-wise Economics past-paper analysis.