Economics (CSS 2015-2020)

Microeconomics

  1. Explain Arc and Cross elasticities and analyze their role in decision making by the consumers. Point out application of these theories; quote such examples and explain. (2018)
  2. Short note: Perfect and Pure competition (2018)
  3. How does the indifference Approach to analyzing consumer demand avoid having to measure utility? Explain. (2017)
  4. Explain and prove mathematically that marginal revenue is less than price in case of monopolistic market structure (2016)
  5. Explain diagrammatically how increase in price generates income and substitution effect for a normal good? (2016)
  6. Explain the equilibrium of firm and price fixation in Duoply when both firms have different elastic Average Revenue and Marginal Revenue curves. (2015)
  7. Compare and contrast the equilibrium of the firm under perfect competition and monopolistic competition. (2015)
  8. Why Micro and Macro Economics are prerequisite for complete Economic analysis? (2015)
  9. Short note: How would you identify the Supply Curve of the firm under Perfect competition in the long run?
  10. Explain with graph. Do you think that a Monopolistic firm can earn unlimited profit by maximizing the price? (2015)

Macroeconomics

  1. How the concepts of notional aggregate demand (Keynesian) and real aggregate demand (neo-classical), leads to economic fluctuations in the economy. How equilibrium is established in the market under the above approaches? (2018)
  2. Analyze three different shapes of Aggregate Supply Curve (Constant, positively sloped and vertical). Explain the role of shifts in Aggregate Demand and their impacts on economy in all three types of Aggregate Supply Curves. Relate such impacts in response to Fiscal policy. (2018)
  3. Explain the Lewis Model of Modern-Sector in a Two-Sector Surplus-Labour Economy with graphical analysis. (2017)
  4. What do you know about ‘Demand-Side’ Inflation and ‘Supply-Side’ Inflation? Explain with the help of graphs and briefly explicate the policies to tackle both sides Inflation. (2017)
  5. Short note: Personal and disposable income, Consumer price index and producer price index (2016)
  6. Explain the inflation and unemployment relationship for pre and post 70s market economy. (2016)
  7. Short note: Net domestic and gross domestic product, Multiplier and accelerator. (2016)

Money and Banking 

  1. State the bases of IS-LM framework (equations &establish equilibrium) and comment whether it is a short run or long run analysis. State bases for your answer. Do you think this approach is still applicable for policy formulation? (2018)
  2. Short note: Monetary policy and its tools to control of money supply (2018)
  3. How does the IS-LM model allow equilibrium to be shown in both Goods and Money Markets simultaneously? Elucidate with graphs. (2017)
  4. Short note: Functions of Central Bank (2017)
  5. Deliberate on various theories developed to study the price and money supply relationship. (2016)
  6. Discuss the evolution of international monetary systems adopted by the world economies. (2016)
  7. Explain as how the process of Creation of Credit Money is adopted in the banks? (2015)
  8. Define monetary policy and explain its instruments which control inflation and deflation. (2015)

Public Financing

  1. Discuss major cannons of taxation and their relevance to tax system in Pakistan. Do you think that the tax system in Pakistan is based upon cannons of taxation (restrict your discussion to the application of cannons of taxation)? (2018)
  2. Critically examine the performance of fiscal policy adopted in Pakistan overtime. Express your views about the appropriateness of fiscal policy tools applied for the chosen fiscal policy. (2018)
  3. What is the concept of Public debt? Explain the dimensions for tackling the debt problems of developing countries like Pakistan. (2017)
  4. Short note: Sources of Government Revenue (2017)

International Trade

  1. What is Balance of Payment? Point out its major components. Analyze any one years’ BOP of Pakistan. (2018)
  2. Express your views about trends in the balance of trade in Pakistan and factors affecting them. How the situation can be made favourable for Pakistan? (2018)
  3. Short note: Scope of Import Substitution Strategy in Pakistan (2018)
  4. Examine the causes of Balance of Payments problem under Fixed exchange Rate in short-run keeping in view the Neo Classical and Keynesian Analyses. (2017)
  5. Highlight and explain changes in direction of trade in recent years. Also explain trends in exports and imports of Pakistan (2017)
  6. Short note: Export-led Growth Strategy (2017)
  7. Critically evaluate import substitution and export led policies adopted in Pakistan to promote agriculture development. (2016)
  8. Explain factors responsible for deterioration of terms of trade for Pakistan. How Pakistan can improve its terms of trade? (2016)

Economic Growth & Development

  1. Short note: Balanced and Un-balanced growth theory (2018)
  2. Identify and prioritize three factors hindering the economic progress in Pakistan. What measures would you propose for the sustainable growth of the economy? (2018)
  3. Short note: Difference between Development and Human Development (2017)
  4. Explain the characteristics of Less Developed Countries (LDCs) with particular reference to Pakistan. (2017)
  5. Short note: Growth vs. Distribution (2017)
  6. Discuss the Rostow’s stage of growth with special reference to Pakistan (2016)
  7. Faster development leads to environmental degradation. Explain how development can be sustained without degrading the environment? (2016)
  8. ‘Domestic resource development is a strategy of economic development’. Discuss as how industrial development is helpful to achieve that goal? (2015)
  9. Do you think as how modern approach of economic development is in accordance with the human welfare? (2015)
  10. Short note: Economic growth (2015)

Planning in Pakistan

  1. Critically evaluate the economic planning strategy of Pakistan. What policy measures would you suggest for sound economic planning? Discuss. (2017)
  2. “Economy without planning is like a ship having no destination.” Comment. (2015)

Agricultural & Industrial sector problems and development 

  1. Agriculture’s share in GDP and employment in Pakistan has reduced over time. Express your views about this decline in the light of the experience of some developed countries in the world. (2018)
  2. Elaborate the difference between agricultural development and rural development. What are the limitations of agricultural and rural development policies of Pakistan? Discuss. (2017)
  3. Explain the major monetary and fiscal measure taken in Pakistan for industrial development for the last 20 years. (2017)
  4. Critically evaluate major monetary and fiscal measures taken in Pakistan to promote agriculture development. (2016)
  5. How agriculture development is based on ‘Green Revolution’? Discuss as how it brought revolutionary changes in agricultural development? (2015)

Privatization, denationalization, deregulation

  1. Specifically describe the history of nationalization, denationalization and privatization in Pakistan. Why denationalization of the nationalized organizations became inevitable in Pakistan? (2018)
  2. Delineate the difference among privatization, deregulation and decentralization. Evaluate the experience of Pakistan in privatization. (2017)
  3. Present a detailed account of Pakistan’s experience of privatization process. (2016)
  4. “Public sector enterprises are white elephant for the economy.” Discuss as how privatization can play a positive role to address this issue? (2015)

Interest Free Banking

  1. Has interest-free banking been successful in Pakistan? Highlight the weaknesses and strengths of interest-free banking in Pakistan. (2016)

Energy policy 

  1. Short note: Government Efforts to address Energy Crisis in Pakistan (2018)
  2. Short note: Energy Crisis in Pakistan (2017)
  3. Energy crisis in Pakistan has slowed down the growth process in Pakistan. In your opinion, how the energy shortage can be overcome? (2016)

Other major issues in Pakistan economy

  1. What are the causes of over time worsened income distribution in Pakistan? Give some practicable options to overcome poverty and income inequalities in the country. (2018)
  2. Short note: Climate Change Challenges for the economy of Pakistan (2018)
  3. Short note: Difference between Income Inequality and Poverty (2017)
  4. How Lorenz Curve measures the poverty and income inequalities? Discuss critically. (2015)
  5. Short note: Poverty Line, Basic need approach for poverty alleviation. (2015)

Related MCQs

  1. Hear & See, Flower & Flour, Sell & Cell are the examples of? (CCE 2023 Screening Test, December 1, 2024)

    Homophone
    Homograph
    Eggcorn
    Oxymoron

    Submitted by: CSS Exam Desk Team

  2. Harappa is located on the banks of which river? (CCE 2023 Screening Test, December 1, 2024)

    Sutlej River
    Chenab River
    Ravi River
    Indus River

    Submitted by: CSS Exam Desk Team

  3. Change the following sentence from Direct to Indirect speech: He asked his teacher, \"Need I read this chapter\"? (CCE 2023 Screening Test, December 1, 2024)

    He asked his teacher whether there was a need to read that chapter.
    He asked his teacher whether he needed to read that chapter.
    He asked his teacher if it was necessary to read this chapter.
    He asked his teacher if he had to read that chapter.

    Submitted by: CSS Exam Desk Team

  4. Bakhar Fort is located in which province? (CCE 2023 Screening Test, December 1, 2024)

    Sindh
    Punjab
    Balouchistan
    Khyber Pakhtunkhwa

    Submitted by: CSS Exam Desk Team

  5. Change the following sentence from Indirect to Direct speech: “The porter respectfully assured the lady that he would take care of her luggage while she bought her tickets.” (CCE 2023 Screening Test, December 1, 2024)

    The porter said, “I would take care of your baggage while you buy your ticket, Madam.”
    The porter said, “I will take care of your baggage while you buy your ticket, Madam.”
    The porter said, “I would take care of your baggage while you bought your ticket, Madam.”
    The porter said to the lady, “I would take care of your baggage while you bought your ticket.”

    Submitted by: CSS Exam Desk Team

  6. The synonym of the word \'Brazen\' is? (CCE 2023 Screening Test, December 1, 2024)

    Audacious
    Calm
    Affable
    Inessential

    Submitted by: CSS Exam Desk Team

  7. Matter written by hand is? (CCE 2023 Screening Test, December 1, 2024)

    Ascription
    Conscript
    Manuscript
    Scriptwriter

    Submitted by: CSS Exam Desk Team

  8. The largest division of Pakistan in terms of its area is? (CCE 2023 Screening Test, December 1, 2024)

    Malakand, KPK
    Bahawalpur, Punjab
    Rakhshan, Balochistan
    Hyderabad, Sindh

    Submitted by: CSS Exam Desk Team

  9. Which one of the following sentences is grammatically wrong? (CCE 2023 Screening Test, December 1, 2024)

    I gave Sarah a ride to work this morning.
    My friend Ismail and me went to the party.
    Before we left, Farah and I said goodbye to the host.
    Samra accidentally hit me with her bag.

    Submitted by: CSS Exam Desk Team

  10. The antonym of the word “Hapless” is? (CCE 2023 Screening Test, December 1, 2024)

    Countless
    Fortunate
    Woeful
    Intensity

    Submitted by: CSS Exam Desk Team

  11. The meaning of the idiom \"Talking twenty to the dozen\" is? (CCE 2023 Screening Test, December 1, 2024)

    Talking too much
    Talking out of turn
    Talking without making any sense
    Talking rapidly and without stopping.

    Submitted by: CSS Exam Desk Team

  12. Change the voice of the following sentence: Rain disrupted the last day’s play between Pakistan and Australia. (CCE 2023 Screening Test, December 1, 2024)

    The last day’s play of Pakistan and Australia was disrupted by rain.
    Pakistan and Australia’s play of the last day as disrupted by rain.
    The last day’s play between Pakistan and Australia was disrupted by rain.
    The last day’s play between Pakistan and Australia were disrupted by rain.

    Submitted by: CSS Exam Desk Team

  13. The study of the relationship between environment and organism is? (CCE 2023 Screening Test, December 1, 2024)

    Gerontology
    Ecology
    Lithography
    Entomology

    Submitted by: CSS Exam Desk Team

  14. The antonym of the word “Dwindle” is? (CCE 2023 Screening Test, December 1, 2024)

    Decay
    Calculate
    Increase
    Support

    Submitted by: CSS Exam Desk Team

  15. Change the following sentence from Indirect to Direct Speech: “My friend requested me to bring him a sandwich.” (CCE 2023 Screening Test, December 1, 2024)

    \"Please bring me a sandwich\", said my friend.
    He said, \"My friend, please bring me a sandwich.\"
    \"Please bring my friend a sandwich\", said he.
    My friend said, \"Will you bring me a sandwich\".

    Submitted by: CSS Exam Desk Team

  16. The _________ reply of my sister conveyed the clear message that she was not happy with me. (CCE 2023 Screening Test, December 1, 2024)

    Vivacious
    Sinuous
    Gentle
    Terse

    Submitted by: CSS Exam Desk Team

  17. Choose the complex sentence out of the given options. (CCE 2023 Screening Test, December 1, 2024)

    I will give you your present after you eat your dinner.
    He did not wait to go to the party, yet he went anyway.
    The bridge is very long.
    None of the options.

    Submitted by: CSS Exam Desk Team

  18. River Kunhar flows through the Kaghan Valley and joins which river? (CCE 2023 Screening Test, December 1, 2024)

    Kabul River
    Chenab River
    Ravi River
    Jhelum River

    Submitted by: CSS Exam Desk Team

  19. The national anthem of Pakistan was officially adopted in? (CCE 2023 Screening Test, December 1, 2024)

    1948
    1950
    1954
    1952

    Submitted by: CSS Exam Desk Team

  20. The Indian Councils Act 1861 established the Legislative Councils in the presidencies of? (CCE 2023 Screening Test, December 1, 2024)

    Calcutta and Delhi
    Calcutta and Madras
    Delhi and Lucknow
    Bombay and Madras

    Submitted by: CSS Exam Desk Team

  21. Which article of the Constitution of the Islamic Republic of Pakistan 1973 states that Islam shall be the state religion? (CCE 2023 Screening Test, December 1, 2024)

    Article 3
    Article 4
    Article 2
    Article 1

    Submitted by: CSS Exam Desk Team

  22. Change the following sentence from Direct to Indirect speech: The doctor said to the patient, \"How do you feel now\"? Has the pain gone down\"? (CCE 2023 Screening Test, December 1, 2024)

    The doctor asked the patient how he was feeling then and if the pain was down.
    The doctor asked the patient how he felt then and if the pain had gone down.
    The doctor asked the patient how he had felt when the pain was gone.
    The doctor asked the patient how he is feeling now and if the pain has gone down.

    Submitted by: CSS Exam Desk Team

  23. Which of the options below correctly combines the following two sentences into a compound sentence? • The sky was clear • The Sun was setting. (CCE 2023 Screening Test, December 1, 2024)

    The sky was clear while the sun was setting.
    The sky was clear, for the sun was setting.
    The sky was clear, and the sun was setting.
    None of the given options.

    Submitted by: CSS Exam Desk Team

  24. The meaning of the idiom \'Make a beeline\' is? (CCE 2023 Screening Test, December 1, 2024)

    Go straight to
    Stand in a queue
    Look for freebies
    Put the bees in line

    Submitted by: CSS Exam Desk Team

  25. The synonym of the word ‘Banish’ is? (CCE 2023 Screening Test, December 1, 2024)

    Abhorrent
    Frank
    Exile
    Delight

    Submitted by: CSS Exam Desk Team