List of top Economics Questions on Microeconomics

Which concept is depicted in the growth image, and explain the concept? 

Identify the type of market referred to in the given image. 

Explain any three causes of growth of Public Expenditure.
Define Public Debt.
What is Public Expenditure?
List the last three stages in the evolution of money.
Define the barter system of exchange.
(A) Land is one of the most important factors of production. In this context, explain the factors that affect the productivity of land.
State any four differences between Commercial Banks and Central Bank.
Give a reason for your choice.
“Risk bearing is the backbone of entrepreneurship.” Justify the statement.
Define the concept of consumer capitalism.
What is meant by the "Margin Requirement" on invested capital?
In which type of market do both buyers and sellers have accurate and complete information about market conditions?
Goods like fruit and vegetables are both described as examples of which type of market form?
Household and farming utility are considered as consumer goods. From which of the following pairs is considered as complementary goods?
The following supply curve shifts from S1 to S2. It may be due to:
What will be the elasticity of demand for the given commodity as shown in the picture?
When income increases, the demand for type of goods will increase:
When ABC Electronics implemented division of labour, the workers became more productive. This happened due to _ _ _ _ _ _ _
Distinguish between change in quantity demanded and change in demand.
Explain the law of diminishing marginal utility with schedule.
Explain the determination of equilibrium price with the help of a diagram.
State one reason for a rightward shift in demand curve.
Define opportunity cost with an example.