UPSC- IAS ECONOMICS Main 2007 – Question Paper

1. Answer any three of the following questions. Each answer should not exceed 200 words.    


(a) What is the backward rising input supply curve? Illustrate with the help of suitable example.

(b) With the help of suitable diagram, elaborate Cournot Model. What is the significant of reaction curve in the model?

(c) What are the different kinds of disequilibrium in balance of payment? Suggest some measures to solve the problem of structural disequilibrium in balance of payments.

(d) What are the desired structural changes required for achieving the objective of economic development.

Download at : UPSC- IAS ECONOMICS Main 2007 – Question Paper

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