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University of Barishal

Department of Computer Science and Engineering

1st Mid Exam

Course Title: Economics (HUM-3111)

Semester: 5th | Session: 21-22

Time: 90 minutes | Marks: N/A

Course Teacher: Noumi mam

Exam Date: September 24, 2025

View 38 Topic-wise Questions for this Course
1.

1) i. What is the main concept of Economics? ii. Explain the three common fallacies in Economics. iii. State the Law of Demand and the Law of Supply. iv. Draw only the Circular Flow Diagram in a market economy. v. Define the following with examples: Normal Good, Giffen Good

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Topics: Basic Economics Solution is Coming!
10 Marks
2)

Draw and explain a production possibility frontier of two goods and show: efficient, inefficient and unattainable points.

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Topics: Production Possibility Frontier (PPF) Solution is Coming!
5 Marks
3)

Give explanation on different price elasticity of demand by using diagrams. (Ed>1, Ed<1, Ed=1, Ed=∞ and Ed=0).

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Topics: Theory of Demand Solution is Coming!
5 Marks
4)

Given: Qd = 100-5P and Qs= 10+40P; Draw a demand curve and supply curve, and also find the equilibrium price and quantity.

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Topics: Demand and Supply , Market Equilibrium Solution is Coming!
5 Marks
View 38 Topic-wise Questions for this Course

Contributors of this Question:

Role Name Date
Prepared By (Teacher): Noumi mam Sept. 24, 2025
Uploaded By: Margia Rowshon Sept. 24, 2025, 4:37 p.m.
Converted By (Img/PDF to Text): Md Rayhanul Islam Nov. 3, 2025, 12:25 p.m.
Reviewed By: Obaydul Hasan Nayeem Nov. 16, 2025, 1:19 a.m.
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