BAJBSC. (ANNUAL) EXAMINATION oi Attention s- 1 Possession & use of mobiles & other electronic accessories are ! If any one possess / Uses His /Her ease will be sent to Unfair means committee. 2 — Ifany candidate shows / Marks his / her identity in the Answer Book , He/She will be disqualified for the said paper. UNIVERSITY OF BALOCHISTAN QUEETA. blot 4, yw? ictly prohibited . Paper-A Subject :- ECONOMICS ip / ‘enn ee 5 a Se sin aynannsannn non vovntanonppegnvonsasnssany ayia vse NOTE :- ATTEMPT ANY FIVE QUESTIONS . TWO QUESTIONS FROM EACH SECT ION. | at QUESTIONS CARRY youn ‘ sa snvsn enna anna stn peste HT | sano en mn an mn SECTION - A. Qu. Is Beonomics a “Science or Art discuss? . cote ly cle cit Q2. Explain “Consumer's Equilibrium” through indifference crave analysis? wenhcalay oie So) Senet Sos Sate 3, What is meant by “lastiity” of Demad? Bring out the difference between point elasticity or Arc elasticity with the help of diagram? tink ly orto SA ae ale at crt oAS coslatt Q.4, What is Isoquant? Explain its characteristics? scosdp thayad Sulfa dye abs 28 Jyagy ee Q.5. Define total revenue, marginal revenue, average revenue show revenue enves of an individual pinSicby Shybs Spey SoH Seca Spay esl “ante dpa , fon cot 2S Ube dsa PH Guo! a) Under perfect compition . A chlhus. aystt ne a g "05. b) Under Imperfect compition. a5 5 lla JS oe wel | fier, Q.6. whens 9 How will you measure the national income of country? VBA ia sl oh Sls S an gil ed : inflationary deflationary gaps? With the help of diagram. How can s p be Qi. Explain the concept of filled up? thy BSUS cil 6 oS stay ers tsete QB. Explain fiscal policy ‘and its objective? fein dlp alle Sut ysl ely AL Q9, What is meant by “Balance of payment"? Examine the reasons of disequilibrium in fulbeiakny Sai) pet els! the balance of payment, how can it be correded? pee Boy cA sole PuSdathes Suiie Ss uphill QO, Write short nates any two ofthe following. cise 9 sYon$ eeu dias pia 2) GDP and NNP Jy adios af aijhy AS b) Inflation 2341 c) Public debe tg Se Kus Suk UNIVERSITY OF BALOCHISTAN , QUETTA, bt ; BA/BSC. (ANNUAL) EXAMINATION , 2014, Attention:- 1- Possession & use of mobiles & other electronic accessories ar@trietly prohibited . [fany one possess / Uses , His Her case will be sent to Unfair means committee, 2- If any candidate shows / Marks his / her identity in the Answer Book , He / She will be disqualified for the said paper . B SUBJECT: - ECONOMICS PAPER B _ Time Allowed: - 3.Hours Max.Marks:100 NOTE: ATTEMPT ANY THREE QUESTIONS FROM SECTION (A) AND ONE QUESTION FROM B&C ‘ALL QUESTIONS CARRY EQUAL MARKS. QNo.1 what are the characteristics of a highly developed country? Discuss in detail. QNo 2 Explain the concept of economic prosperity and explain the role of infrastructure in economic development with special reference to your country? QINo.3 what planned efforts have been made for economic development in Pakistan, givea brief review of the eighth five year plan of Pakistan? QNo.d.. Name the two strategic sectors of Pakistan’s economy and give their contribution towards overall growth of the economy? QNo.5 Define fiscal policy? Whatare main heads of federal government? Qo. Keeping in your mind the following current economic issues, (a) Slow economic Growth rate (b) Expanding unemployment (c) Unequal distribution of income, select any one according to your priority list and discuss its causes and solutions in detail? SECTION B QUNo, 7 Solve the following equation by factorizing, @Ut=U -0=0 (10) + (O)X(X#2) + (Nel) 2X-L=17 (10) QUO. Find the derivates of the following functions (a) Y=F(x) = 243-3? +4x (10) (h) Find the first, second and third derivative of the following function Y=X (2x+ 27 (10) SECTION C QINo.} Calculate the standard deviation from the following data. Groups Frequency (15) | 4 A \¥ 7 “4 wer 63 1\ fi 1 . 8-10 3 (b} Define index numbers briefly. (05) QwNo.10 Find out Chain indices for the following years, taking 1991 as a base year, Years Prices (20) 1990 7 191 n 1992 0 1988 4 WH 36 1995 7 1996 40