Economics Paper II Past Paper 2015

Poverty and planning share the Economics Paper II past paper 2015. Q.2 asks how the Lorenz curve measures poverty and income inequality, as the sheet spells the name. Q.3 quotes the line that an economy without planning is a ship with no destination, and asks for comment. Q.4 traces agricultural development through the green revolution. Q.5 reads domestic resource development as a strategy of development. Q.6 tests the claim that public sector enterprises burden the economy. Q.7 asks whether the modern approach to development fits human welfare. Q.8 closes with notes on listed topics. This file holds the Part-II sheet only.

What this paper contains

  • This file carries Part-II (the descriptive part) of the paper.
  • Part-II — attempt any FOUR questions from Q.2–Q.8; each question carries 20 marks (Part-I holds the 20 MCQs, per the printed header)

Part-II questions

Q.2 — How Lorenze curve measures the poverty and income inequalities? Discuss critically. (20)

Q.3 — “Economy without economic planning is like a ship having no destination”. Comment. (20)

Q.4 — How agriculture development is based on ‘Green Revolution’? Discuss as how it brought revolutionary changes in agriculture development? (20)

Q.5 — ‘Domestic resource development is a strategy of economic development’. Discuss as how industrial development is helpful to achieve this goal? (20)

Q.6 — “Public sector enterprises are white elephant for the economy”. Discuss as how privatization can play appositive role to address this issue? (20)

Q.7 — Do you think as how modern approach of economic development is in accordance with the human welfare? (20)

Q.8 — Write notes on the following: (20)
(a) Poverty line (6)
(b) Basic Need Approach for poverty alleviation (7)
(c) Economic growth (7)

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