Cpt economics sample paper

Introduction to Micro Economics

Theory of Demand and Supply

1. Law of Demand and Elasticity of Demand
2. Theory of Consumer Behaviour
3. Theory of Supply

Theory of Production and Cost

1. Theory of Production
2. Theory of Cost

Price Determination in Different Markets

1. Meaning and types of Market
2. Determination of Prices
3. Price determination in these markets

Indian Economy – A Profile

1. Nature of the Indian Economy
2. Role of different sectors
3. National Income of India
4. Basic understanding of tax system of India

Select Aspects of Indian Economy

1. Population
2. Poverty
3. Unemployment
4. Infrastructure Challenges
5. Inflation
6. Budget and Fiscal deficits
7. Balance of payments
8. External debts

Economic Reforms in India

1. Economic reforms since 1991
2. Liberalization, Privatization and Disinvestment
3. Globalization