CSS past papers · 2019
CSS 2019 Economics Combined Papers Past Paper
Download and review the CSS 2019 Economics Combined Papers Past Paper on CSS Vista, with archive details, related papers and a direct PDF link for examination preparation.
Paper details
- Examination
- CSS
- Year
- 2019
- Subject
- Economics
- Paper
- Combined Papers
- Subject type
- Optional
- Mode
- Subjective
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Questions recorded from this paper
These 12 question wordings are transcribed from CSS Vista’s structured Economics past-paper record for CSS 2019.
- Q4 · Macro EconomicsWhat do the slopes of an isoquant line and iso-cost line measure? Describe (20) theoretically and graphically the conditions that are satisfied when a firm has chosen a least cost technique for producing a given output.
- Q2 · Money and BankingUse the IS-LM model to discuss the Neutral effect of monetary expansion in the case of (20) open economy. Distinguish between Keynesian and Classical Views on neutrality of money.
- Q3 · Transmission Mechanisms of Monetary Policy, Theory of Liquidity PreferenceWhat do you understand by Monetary Transmission Mechanism (MTM)? Evaluate and (20) explain at least three different channels of MTM.
- Q5 · International TradeWhat are tariff and nontariff barriers to international trade? Why do countries (20) sometimes restrict international trade?
- Q6 · Foreign ExchangeExtricate among fixed, flexible and managed floating exchange rate regimes. (20)
- Q8 · Economic DevelopmentDistinguish between any FOUR. (5 each) (20) a. Comparative advantage and Absolute advantage. b. Consumer surplus and producer surplus c. Progressive and regressive taxes d. Economic growth and economic development e. Real GNP and nominal GNP f. Consumer price index and GDP deflator
- Q7 · Income distribution and povertyDescribe the underdevelopment trap. Highlight the main ways in which poor countries (20) attempt to overcome their poverty.
- Q3 · Industrial Development in Pakistan: Early industrialization strategyCritically examine the surplus labor model presented by Arthur Lewis. Can this model (20) be used to initiate industrial development in Pakistan?
- Q8 · Balance of PaymentsWhat are the reasons for the adverse balance of trade in Pakistan? Suggest the possible (20) measures to improve the balance of trade scenario of Pakistan.
- Q6 · Terms of TradeAnalyze the role of international trade in the economic development of Pakistan. How (20) might WTO affect the terms of trade in an otherwise free economy?
- Q7 · Social Sector Development in PakistanExamine the role of Agriculture Sector in the economic development of Pakistan. (20) Should the country continue investing in it or there exist better options as alternate plans?
- Q4 · Income inequalityDifferentiate between the concepts of poverty and income inequality. How can public (20) policy help in alleviating poverty and reducing inequality in a developing country like Pakistan?