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Introduction to Macro Economics 3 Mark Book Back Question Paper With Answer Key

12th Standard

    Reg.No. :
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Economics

Time : 01:30:00 Hrs
Total Marks : 21

    3 Marks 

    7 x 3 = 21
  1. State the importance of Macro Economics.

  2. Describe the different types of economic systems.

  3. Outline the major merits of capitalism.

  4. Indicate the demerits of socialism.

  5. Enumerate the features of mixed economy.

  6. Distinguish between Capitalism and Globalism.

  7. Briefly explain the two sector circular flow model.

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