B.sc Second Semester Agriculture Economics Important Questions 2023

In this post, b.sc second semester agriculture economics important questions are given for 2023. 

You can make excellent notes on this subject by solving these questions. 

Which can be useful for revision at the time of the exam. 

Many questions from this question set have been asked in previous exams and may be possible questions for upcoming exams. 

Therefore, take the questions of this set seriously. 

More such sets are available on the internet for practice. 

You just have to write a b.sc ag 2nd sem economics important questions pdf in the search box. 

To make excellent notes of these questions, make a separate copy of Agricultural Economics. 

Now write these questions in order. 

After that read the subject-related lesson from the book 2 to 3 times. 

Try to understand the lesson and the concept is clear. 

If you have any problem understanding the chapter then contact the professor and clear your dilemma. 

Now try to write the answers to B.Sc 2nd Sem Fundamentals of Ag important questions in your own words. 

With this, you will be able to assimilate them easily and remember them in less time. 

You should avoid using complex words in writing the answer. 

B.sc agriculture second semester economics question paper tnau questions have also been included in this set. 

Which will also be beneficial for the students of this university. 

To write answers to some of the questions given here, you will also need an advanced-level book on the fundamentals of agricultural economics. 

Let's solve the ag economics b.sc 2nd sem question paper.

Fundamentals Of Agricultural Economics Question Paper

B.sc 2nd Sem Ag Economics Important Questions 2023

• Define Agricultural Economics; discuss the subject matter, importance, scope, and limitation.
• What is the practical importance of Elasticity of Demand?
• Explain the Law of Diminishing Marginal Utility with an example. Also, write down the assumptions and limitations of it.
• What are the effects of inflation, given its types.
• What do you mean by consumer surplus? Give the importance to consumer surplus. Discuss its measurement and limitations.
• What do you mean by Elasticity of Supply? Give its importance. What is the Practical importance of Elasticity of Supply?
• What do you mean by Demand, Demand Schedule, also Draw a Demand Curve with a suitable example.? Give different factors influencing demand in detail.
• Discuss how the rate of interest is determined as per classical economists.
• What do you mean by inflation, its types, and effects on Economic growth and Development?
• Define Agricultural economics. Discuss its subject matter, importance, scope, and limitations.
• What is GNP depreciation?.
• What are the Supply schedule and Supply curve?.
• Differentiate the following- (a) Consumer goods and producer goods (b) Autonomous demand and Derived demand (c) Marginal utility and Total utility (d) Walking inflation and Running inflation (e) Law of Demand and Law of Supply.
• Describe the term national income? What are the different approaches to measuring national income?.
• Explain the Law of Diminishing Marginal Utility with an example. Also, what are its assumptions and limitations?
• Write short notes on the following- (a) Function of Money (b) Direct and Indirect Tax (c) Nature of Economics.
• Define the law of diminishing returns. Discuss various stages of production with the help of a diagram.
• What do you mean by supply? What are the factors affecting supply?
• Define price elasticity of demand. What are the various forms of price elasticity? Discuss with the help of a diagram.
• Write short notes on- (a) Gross Domestic Product and (b) Satisfying Capacity.
• Differentiate the "Inflation and Deflation".
• Explain in detail the Ricardian theory of rent.
• Define the following - (a) Utility (b) Market (c) Main function of money (d) Market demand schedule (e) Capital.
• What is the Circular flow of income?.
• Describe the law of variable proportions.
• What do you mean by perfect competition? Describe the main features of perfect competition. 
• What are the characteristics of perfect competition? How is price determination done under it?.
• Critically explain the Malthusian theory of population.
• Write short notes on the following - (a) Market demand and Individual demand (b) Define return to scale (c) Mixed Economy.
• Discuss the short-run equilibrium of a firm under perfect competition.
• How the Central Bank differs from the Commercial Bank. Describe the role of the Central Bank in credit.
• Define elasticity of demand?. What are the different types of elasticity of demand?.

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