Commerce Exam > Commerce Notes > Economics Class 11 > High Order Thinking Skills Questions - Introduction Micro Economics
High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce PDF Download
Q.1. Explain properties of Production Possibility Curve (PPC). (Delhi 2010c)
Ans. Production Possibility Curve (PPC) has two basic properties that are as follows:
(a) PPC is downward sloping Downward slope of PPC indicates that if the country wants to produce more of one good, it has to reduce the production of other good.
(b) PPC is concave to origin Concave shape of PPC means that slope of PPC increases as in this concept production will obey the law of increasing opportunity costs or increasing Marginal Rate of Substitution.
Q.2. Does massive unemployment shift the PPC to the left?
Ans. Massive unemployment will shift the PPC to the left because labour force remains underutilized. It will imply that the country’s resources are lying idle when they could have been used for some productive purposes like farming, manufacturing, etc.
Q.3. What does the slope of PPC show?
Ans. The slope of PPC indicates the increasing marginal opportunity cost.
Q.4. Unemployment is reduced due the measures taken by the government. State its economic value in the context of Production Possibilities Frontier.
Ans. When government taken measures to reduce the unemployment it enables the economy to utilize its existing resources in the optimum manner and moves from inside the PPC to points on the PPC. Hence, economic value is reflected in terms of increased output arid income.
Q.5. From the following PP schedule calculate MRT of good x.
Ans.
The document High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce is a part of the Commerce Course Economics Class 11.
All you need of Commerce at this link: Commerce
|
75 videos|274 docs|46 tests
|
FAQs on High Order Thinking Skills Questions - Introduction Micro Economics - Economics Class 11 - Commerce
| 1. What are high order thinking skills in microeconomics? |  |
Ans. High order thinking skills (HOTS) refers to the ability to analyze, synthesize, evaluate, and apply information to solve complex problems in microeconomics. These skills go beyond simple recall or rote memorization of concepts and require critical thinking and application of knowledge.
| 2. Why are HOTS important in microeconomics exams? | |
Ans. HOTS are important in microeconomics exams because they assess a student's ability to think critically and apply knowledge to real-world scenarios. These skills are essential for success in higher education and the workforce, as they allow individuals to solve complex problems and make informed decisions.
| 3. What are some examples of HOTS questions in microeconomics exams? | |
Ans. Examples of HOTS questions in microeconomics exams may include analyzing the impact of a government policy on market outcomes, evaluating the effectiveness of different pricing strategies for a firm, or synthesizing information from multiple sources to make a recommendation for a business decision.
| 4. How can students develop HOTS in microeconomics? | |
Ans. Students can develop HOTS in microeconomics by practicing critical thinking and problem-solving skills through activities such as case studies, group projects, and analyzing real-world economic situations. Additionally, seeking feedback from professors and peers can help students refine their skills and improve their ability to apply knowledge to complex problems.
| 5. What is the importance of HOTS in the field of microeconomics? | |
Ans. HOTS are important in the field of microeconomics because they enable individuals to think critically about economic concepts and apply them to real-world situations. This is essential for success in careers such as business, finance, and policy, as it allows individuals to make informed decisions and solve complex problems. Additionally, HOTS are increasingly valued by employers, making them a valuable asset in the job market.
About this Document
|
10.9K Views |
|
4.97/5 Rating |
|
Nov 15, 2024 Last updated |
Document Description: High Order Thinking Skills Questions - Introduction Micro Economics for Commerce 2024 is part of Economics Class 11 preparation.
The notes and questions for High Order Thinking Skills Questions - Introduction Micro Economics have been prepared according to the Commerce exam syllabus. Information about High Order Thinking Skills Questions - Introduction Micro Economics covers topics
like and High Order Thinking Skills Questions - Introduction Micro Economics Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for High Order Thinking Skills Questions - Introduction Micro Economics.
Introduction of High Order Thinking Skills Questions - Introduction Micro Economics in English is available as part of our Economics Class 11
for Commerce & High Order Thinking Skills Questions - Introduction Micro Economics in Hindi for Economics Class 11 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce
Description
Full syllabus notes, lecture & questions for High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Economics Class 11 | Best notes, free PDF download
Information about High Order Thinking Skills Questions - Introduction Micro Economics
In this doc you can find the meaning of High Order Thinking Skills Questions - Introduction Micro Economics defined & explained in the simplest way possible. Besides explaining types of
High Order Thinking Skills Questions - Introduction Micro Economics theory, EduRev gives you an ample number of questions to practice High Order Thinking Skills Questions - Introduction Micro Economics tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
study material
,ppt
,High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce
,MCQs
,High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce
,Free
,Previous Year Questions with Solutions
,shortcuts and tricks
,Objective type Questions
,video lectures
,Semester Notes
,High Order Thinking Skills Questions - Introduction Micro Economics | Economics Class 11 - Commerce
,mock tests for examination
,Extra Questions
,practice quizzes
,Exam
,Viva Questions
,past year papers
,Sample Paper
,Important questions
,Summary
;
Additional Information about High Order Thinking Skills Questions - Introduction Micro Economics for Commerce Preparation
High Order Thinking Skills Questions - Introduction Micro Economics Free PDF Download
The High Order Thinking Skills Questions - Introduction Micro Economics is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the High Order Thinking Skills Questions - Introduction Micro Economics now and kickstart your journey towards success in the Commerce exam.
Importance of High Order Thinking Skills Questions - Introduction Micro Economics
The importance of High Order Thinking Skills Questions - Introduction Micro Economics cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
High Order Thinking Skills Questions - Introduction Micro Economics Notes
High Order Thinking Skills Questions - Introduction Micro Economics Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to High Order Thinking Skills Questions - Introduction Micro Economics.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, High Order Thinking Skills Questions - Introduction Micro Economics Notes on EduRev are your ultimate resource for success.
High Order Thinking Skills Questions - Introduction Micro Economics Commerce
The "High Order Thinking Skills Questions - Introduction Micro Economics Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study High Order Thinking Skills Questions - Introduction Micro Economics on the App
Students of Commerce can study High Order Thinking Skills Questions - Introduction Micro Economics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the High Order Thinking Skills Questions - Introduction Micro Economics,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of High Order Thinking Skills Questions - Introduction Micro Economics is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup