CSS past papers · 2023

CSS 2023 Economics Combined Papers Past Paper

Download and review the CSS 2023 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
2023
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 2023.

  1. Q8 · National Income AccountingWrite short notes on any FOUR of the following: (5 each) (20) a. Public Goods b. Draw self-explanatory functions of: MPC, Aggregate demand, Multiplier c. Cost minimization by a small firm. d. Two methods of national income accounting. e. Fuel poverty f. Welfare economics
  2. Q6 · Money Demand and SupplyWhat is the theory of liquidity preferences? How does it explain the downward (20) slope of the aggregate-demand curve? Use the theory of liquidity preference to explain how a decrease in the money supply affects the aggregate-demand curve in a closed economy.
  3. Q5 · ObjectivesThe central bank in a country is responsible for its monetary policy. What are the (20) objectives and tools of monetary policy? Use diagrams to explain your answer.
  4. Q4 · International TradeBriefly describe the functions of International Monetry Fund (IMF). How does the (20) IMF help countries trapped in financial issues?
  5. Q3 · Economic DevelopmentDefine opportunity costs and explain why the economic definition of profit (20) requires that we value all inputs and the outputs at their opportunity cost?
  6. Q7 · Economic DevelopmentConsidering the current economic scenario of our economy, recommend an (20) effective policy framework that can reduce budget deficit and improve the developmental outlook.
  7. Q3 · development, rethinking on the concept of development: Growth vsExplain the difference between growth and development. (20)
  8. Q2 · Definition and Measurement of Development: Characteristics of underWhat is green revolution? How would you explain that it proved an engine of (20) growth rather than development?
  9. Q6 · Absolute and Relative PovertyDifferentiate between Absolute advantage and comparative advantage. (20)
  10. Q4 · Role of Foreign Trade and Aid in Economic Development : Trends in Pakistan’sDifferentiate between appreciation and depreciation of currency and how it affect (20) trade/economy.
  11. Q7 · Privatization, Denationalization, Deregulation: conceptual and operationalHow comparative advantage becomes the basis of international trade between the (20) two nations.
  12. Q8 · Social Sector Development in PakistanWrite short notes on any TWO of the following: (10 each) (20) (i) Globalization and economic growth and development. (ii) Social media and its merits and demerits on Pakistan society and economy. (iii) Factor of productions and two sectors flow diagram of economy.

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