1st Year Economics Guess Paper 2024

Students if you are looking for the 1st Year 11th Class Economics Guess Paper 2024 Punjab Board if yes? then you visit the right place where you can easily find the Economics most important short questions and long questions without answers but your duty to find answers from your 11th class Economics book.

Students you know that these Guess Paper 2024 of Class 11 Economics are helpful so don’t ignore them to read and find answers from your textbook or Economics key book of the 1st year.

1st Year Class 11 Economics Chapter Wise Notes

  • Chapter 1 Nature and Scope of Economics
  • Chapter 2 Consumer’s Behavior and Its Analysis
  • Chapter 3 Basic Tools of Statistics and Mathematics in Economics
  • Chapter 4 Demand
  • Chapter 5 Supply
  • Chapter 6 Market Equilibrium
  • Chapter 7 Theory of Production
  • Chapter 8 Scale of Production & Laws of Returns
  • Chapter 9 Cost of Production
  • Chapter 10 Revenues Analysis
  • Chapter 11 Market
  • Chapter 12 Distribution-Factor Pricing

Many Students also searching for the 11th Class Economics Chapter Wise Notes but unfortunately, here you will see all chapters of Economics significant short as well as long questions but chapter-wise notes we will upload in the coming days.

Economics Guess Paper 2024 11th Class Punjab Board English Medium

Students you know these are only Economics English medium guess papers for the 11 class students of the Punjab board so please carefully read and find out answers from your English medium Economics book so that you can easily read and learn them and you know in these guess papers you will see short questions as well long questions.

Class 11 Economics Guess paper 2024 in Urdu (Urdu Medium)

Students we know that many students adopted class 11 Economics Urdu medium subjects in Pakistan but it is not bad because Urdu is our language which all cities and provinces speak during this period many students elected only 1st Year Economics English medium subject because English is an international language and all people preferred English but in this post, students you did not find any Economics Urdu medium guess paper of 11 class Economics but you can also see Uedu medium questions or papers on this website for your help.

Students these guess papers of Economics class 11 for Punjab boards:

  • 1st Year Economics Guess Paper 2024 Lahore Board
  • 1st Year Economics Guess Paper 2024 Gujranwala Board
  • 1st Year Economics Guess Paper 2024 Bahawalpur Board
  • 1st Year Economics Guess Paper 2024 D.G.Khan Board
  • 1st Year Economics Guess Paper 2024 Faisalabad Board
  • 1st Year Economics Guess Paper 2024 Multan Board
  • 1st Year Economics Guess Paper 2024 Rawalpindi Board
  • 1st Year Economics Guess Paper 2024 Sargodha Board

1st Year Economics Guess Paper 2024

Post TopicGuess Paper 2024
Book CodeEconomics
Class11th Class
Chapter/FullFull Book
BoardsPunjab Boards: Lahore Board, Gujranwala Board, Bahawalpur Board, D.G.Khan Board, Faisalabad Board, Multan Board, Rawalpindi Board, Sargodha Board

Class 11 Economics Guess Paper 2024 Punjab Board

Economics class 11 important short questions

  • Why law of increasing return is also called as law of diminishing cost?
  • What is meant by marginal product?
  • What is meant by marginal revenue?
  • Which cost is included in the variable cost?
  • What is meant by normal profit?
  • Explain the shutdown situation of a firm.
  • Why demand curve in monopoly is negatively sloped?
  • Define conditions of monopoly.
  • What is meant by the mobility of labor?
  • Write down two merits of the definition of Adam Smith.
  • Differentiate between positive science and normative science.
  • Write down two points of practical importance of the law of diminishing marginal utility.
  • Define the law of equi-marginal utility.
  • Write down two main characteristics of the demand curve.
  • What is meant by a rise in demand?
  • Write down two points of limitations of the law of supply.
  • Differentiate between composite supply and joint supply.
  • Explain perishable goods.
  • State any two dements of the barter system.
  • What is meant by transfer payments?
  • Describe about zakat.
  • Who presented the quantity theory of money?
  • Define the trade cycle.
  • Describe any two exports of Pakistan.
  • Define non-visible goods.
  • Define the surplus budget ix Define personal income.
  • ایڈم سمتھ کی تعریف کی دو خوبیاں بیان کیجئے ۔
  • علم الحقیقت اور علم الہدیت میں فرق بیان کیجئے۔ قانون تقلیل افادہ ختم کی عملی اہمیت کے دو نقاط تحریر کیجئے۔
  • قانون مساوی افادہ مختم کی تعریف بیان کیجئے۔
  • خط طلب کی دو خصوصیات تحریر کیجئے۔
  • طلب کے بڑھنا یا چڑھنا سے کیا مراد ہے؟
  • قانون رسد کی حدود کے دو نقاط تحریر کیجئے۔
  • مرکب رسد اور مشترک رسد میں فرق بیان کیجئے۔
  • ضیاع پذیرا شیاء سے کیا مراد ہے؟
  • ت قانون اکسیر حا صل کو قانون تقلیل مصارف کیوں کہتے ہیں؟
  • اوار سے کیا پیداوار
  • مختم وصولی سے کیا مراد ہے؟
  • متغیر مصارف میں کونسے مصارف شامل کیے جاتے ہیں؟
  • معمولی منافع سے کیا مراد ہے؟
  • فرم کے بند ہونے کی حالت کی وضاحت کیجئے۔
  • اجارہ داری میں خط طلب کا جھکاؤ منفی کیوں ہوتا ہے؟
  • اجارہ داری کی شرائط بیان کیجئے۔
  • محنت کی نقل پذیری سے کیا مراد ہے؟
  • براه راست تبادلہ کے دو نقصان بتائیے۔
  • انتقالی ادائیگیاں کیا ہوتی ہیں؟
  • زکوة کیا ہوتی ہے؟
  • تجارتی چکر کی تعریف کیجئے۔
  • پاکستان کی کوئی سی دو برآمدات کے نام لکھئے۔
  • غیر مرئی اشیاء کی تعریف کیجئے۔
  • فاضل بجٹ کی تعریف کیجئے۔
  • شخصی آمدنی کی تعریف کیجئے۔
  • Write down two demerits of the definition of Alfred Marshall.
  • Write down four points of practical importance of study of economics.
  • Differentiate between economic wants and non-economic wants.
  • Write down two points of limitaitons of law of diminishing maginal utility.
  • Define the law of demand.
  • Differentiate between arc elasticity and point elasticity of demand.
  • What is stock?
  • Write down three assumptions of the law of supply.
  • Explain the market price.
  • Explain how to avoid the problem of double counting.
  • Define per capita income and write down the formula.
  • Write down four characteristics of good money.
  • Define the quantity theory of money.
  • Describe in your own words, what are the effects of expansion in an economy.
  • Define Public Finance.
  • Write down the different kinds of taxes.
  • Draw the graph of the circular flow of National Income.
  • Write down four reasons for inflation in Pakistan.
  • Write down four merits of small-scale production.
  • Define the law of decreasing/diminishing returns of scale.
  • NINN Differentiate between fixed costs and variable costs of a firm.
  • Write down both conditions responsible for establishing the equilibrium of a perfectly competitive firm, in the short-run.
  • Does a monopolistic firm always earn abnormal profits? yes or no Clarify.
  • Draw average revenue and marginal revenue curves of a firm under perfect competition.
  • Describe the relationship between capital and economic development.
  • State any two roles of an entrepreneur in a business.
  • Mention any four factors that affect marginal productivity labor.
  • الفرڈ مارشل کی تعریف کی دو خامیاں بیان کیجئے۔
  • معاشیات کے مطالعہ کے چار عملی فوائد تحریر کیجئے۔
  • معاشی حاجات اور غیر معاشی حاجات میں فرق بیان کیجئے۔
  • ا کہ وہ تحریر کیجئے۔
  • قانون طلب کی تعریف کیجئے۔
  • قوسی لچک طلب اور نقطی لچک طلب کر کیا فرق ہے۔
  • میرہ کا مفہوم تحریر کیجئے۔
  • لقانون رسم کے بھی بفروشان
  • بازاری قیمت کی وضاحت کیجئے ۔
  • پیدائش بر پیمانہ صغیر کے چار فوائد تحریر کیجئے۔
  • قانون تقلیل حاصل کی تعریف لکھئے۔
  • کسی فرم کے معین اور متغیر مصارف کے درمیان فرق واضح کیجئے۔
  • مکمل مقابلہ کے تحت عرصہ تقلیل میں فرم کے توازن کی دو شرائہ تحریر کیجئے۔
  • کیا اجارہ دارانہ فرم ہمیشہ غیر معمولی منافع کماتی ہے، ہاں یا نہیں : وضاحت کیجئے ۔
  • مکمل مقابلہ کے تحت اوسط وصولی اور خاتم وصولی کے مخطوط بنائیے۔ کرائے
  • کسی کا روبار میں آجائے اور معاشی ترقی کے درمیان تعلق کی وضاحت کیجئے ۔
  • محنت کی پیداواری صلاحیت کا احصار کن عوامل پر ہوتا ہے؟ کوئی سے چار عوامل تحریر کیتے۔

Economics Class 11 important Long questions

  • Narrate how Professor Robbins has defined economics and discuss its merits.
  • Explain the law of supply with the help of a table and diagram.
  • Explain various situations of a firm equilibrium in the short run under perfect competition.
  • Explain the functions of money.
  • Explain causes of adverse in balance of payment.
  • پروفیسر رابنز کی معاشیات کی تعریف لکھئے اور اس کی خوبیوں پر بحث کیجئے۔ قانون رسد کی وضاحت بذریعہ گوشوارہ اور ڈائیگرام کیجئے۔
  • مالیت کے قوم رصہ قلیل میں فرم کے توازن کی مختلف حالتوں کی ڈائیگرام سے تشریح کیجئے
  • توازن اور ادائیگی میں خسارے کی وجوہات تحریر کیجیے زر کے فرائض بیان بیع
  • Explain law of diminsh marginal utility of dimmshing marginal utility with the help of
  • Explain the law of schedule and dia
  • Explain the law of constant return with the help of schedule and diagram.
  • Describe functions of money.
  • Desribe cannons of taxation.
  • قانون تقلیل افادہ مختم کی وضاحت کیجئے۔
  • قانون تقلیل افادہ پختم کی وضاحت گوشوارہ اور ڈائیگرام کی مدد سے کیجئے۔
  • قانون استقرار حاصل کی وضاحت بذریعہ گوشوارہ اور ڈائیگرام کیجئے۔
  • زر کے فرائض بیان کیجئے۔
  • ٹیکس عائد کرنے کے اصول بیان کیجئے۔

1st Year Economics Guess Paper 2024 PDF download

Students sorry to say here you will not find any 1st Year Economics Guess Paper 2024 Punjab Board PDF Download File because here we have already shared with you all important short as well as long Economics questions notes which will help you in your exams.

Economics Guess Paper
1st Year Economics Guess Paper


The topic of this post is 11th Class 1st Year Economics Guess Paper 2024 Punjab Board without any pdf file. We add this post to the 11th Class Economics Notes category where students can easily find the Guess Questions type study solutions and much more that students need to be related to the Class 11 Economics Book.

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