Economics papers (HSS 203), two complete sets, from BUTEX affiliated colleges' 2023 Level-3 Term-I finals. Questions address economic systems, indifference curves, production stages, break-even and CPI numericals, inflation types, and national income estimation.
Q1
Level-3 Term-I, Final Exám-2023
Subject: Economics (Code: HSS 203)
Time: 3.0 Hrs. Full Marks: 72
(Use separate answer script for Part: A and Part: B)
(All parts of a question must be answered consecutively)
Part: A
(Answer any three questions)
1. (a) Define and classify economics.
(b) Which economics systems is currently implicated in Bangladesh? Justify your answer.
(c) Discuss the factors of production with examples related to textiles.
[4+4+4 = 12]
2. (a) What is economic system? Which economic system China follows? Write down the characteristics of it.
(b) Differentiate between capitalism and socialism.
(c) Discuss about different types of wealth with relevant example.
[4+4+4 = 12]
3. (a) Show the differences between price line and indifference curve.
(b) “Indifference curve must be upward sloping”-explain.
(c) Discuss relation between the effects of consumer equilibrium.
[4+4+4 = 12]
4. (a) Discuss about three stages of production.
(b) ABC group has the following details:
Fixed cost = 30,00,000 BDT; Variable cost/unit = 100 BDT; Selling price/unit = 200 BDT.
Q2
Level-3 Term-II, Final Exám-2023
Subject: Economics (Code: HSS 301)
Time: 3.0 Hrs. Full Marks: 72
(Use separate answer script for Part: A and Part: B)
(All parts of a question must be answered consecutively)
Part: A
(Answer any three questions)
1. (a) Define Production. Mention the elements of production with example related to textiles.
(b) Why economic system of Bangladesh is called mixed economic system?
(c) How economics may help an textile engineer for his career prospect?
[4+4+4 = 12]
2. (a) Discuss the effect of 06 major factors of Demand with example.
(b) Define and explain the terms using data mentioned in the table: (i) Equilibrium Price (ii) Equilibrium Quantity (iii) Market Surplus (iv) Market Shortage (v) Excess Demand (vi) Deficit Demand
Price of Onion (BDT/kg) | Quantity Demanded (Metric Ton) | Quantity Supplied (Metric Ton) |
30 | 350 | 240 |
40 | 310 | 260 |
50 | 280 | 280 |