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Final Semester Examination,2021

BCS- 5th Term


Fundamental of Economics
Total Marks: 50
Time allowed 2:00 hr

Note: Attempt all questions.

point out the dissimilarity between perfect competition vs imperfect competition with real life example.
And tell us who is more suitable for people and Why? (10+5+5)

Q.2. What is inflation? Why inflation has risen in Pakistan during the last two and half years? And what
strategy does the government needed to control inflation? Write summaries views in your own perception.
(5+10+5)

Q.3. Write those difficulties of national income which are not measuring in national income. (10)

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