Principles of economics MCQs with answer keys. Download chapter-wise solved MCQs of economics part 1 in Urdu and English. I.COM part 1 economics important short questions unit-wise. List of all chapters with solved MCQs and important short questions.
- Definition of Economics
- Consumer’s Behavior
- Demand and Supply
- Factors of Production
- Laws of Return
- Firm’s Cost of Production & Revenue
- Determination of Price & Output
- Determination of Rewards of
- Production of Factors
- National Income
Principles of Economics Short Questions:
Here are some sample important short questions from a chapter.
- what is meant by international trade?
- what is home trade?
- State the difference between home and foreign trade?
- Write two disadvantages of foreign trade.
- Define balance of trade.
- What is meant by balance of payment?
- What is the difference between balance of payment
- and balance of trade?
- What are visible items?
- What are invisible items?
- Define exchange rate.
- State the purpose of establishing international
- monetary fund.
- What is meant by protection policy?
Download complete chapter wise solved MCQs
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