UPMSP Intermediate Economics - Code 136 case studies
UPMSP Intermediate Economics - Code 136 · Put your knowledge to work in context.
UPMSP Intermediate Economics (Code 136) is the Class 12 Economics paper of the Uttar Pradesh Madhyamik Shiksha Parishad Intermediate examination, taken by students in the Arts and Commerce streams who choose Economics as one of their subjects. It is a school-leaving board paper rather than a professional certification: results feed into higher study in economics, commerce and the social sciences, and into eligibility for undergraduate admission. The UPMSP Intermediate Economics - Code 136 case studies are 5 cases and about 4,216 words.
1Wheat Price Rise in a Kanpur Household: Elasticity, Substitution and Income Effects
A family in Kanpur spends its entire monthly food budget of ₹8,000 on wheat flour and rice. In January, wheat flour costs ₹30 per kg and rice ₹50 per kg, and the family buys 160 kg of wheat and 64 kg of rice.
914 words, about 5 min2Bicycle-Chain Maker Facing a Loss: Shutdown Point and the MR = MC Rule
A small firm in Ludhiana makes bicycle chains and sells in a perfectly competitive market where the ruling price is ₹190 per chain. Its total fixed cost is ₹300 per day - the rent on a small shed plus a licence fee - and this payment cannot be avoided in the short run.
788 words, about 4 min3CRR Hike versus Open Market Operations: How Much Money Is Really Destroyed
The Reserve Bank raises the cash reserve ratio from 4.0 per cent to 5.0 per cent. In this economy the public holds cash equal to 20 per cent of its bank deposits (currency–deposit ratio 0.2), banks keep no reserves beyond the statutory requirement, and there are no other leakages.
764 words, about 4 min4Rupee Slips from ₹80 to ₹84: Current Account, J-Curve and Two Firms
A country's external accounts for a year show merchandise exports of 400 billion and merchandise imports of 700 billion; services exports of 200 billion and services imports of 50 billion; net remittances from nationals abroad of 120 billion; and net income from foreign investment and loans of − 20 billion. The current account deficit is financed by net FDI of 30 billion, net portfolio investment of 25 billion and external commercial borrowings of 10 billion, with the remainder going into reserves.
875 words, about 4 min5A Madhya Pradesh District Chooses Between a Food-Processing Plant and Public Works
A district in Madhya Pradesh has 5,00,000 workers and gross value added of ₹5,000 crore. Agriculture employs 3,00,000 workers and produces ₹1,200 crore; manufacturing employs 1,00,000 and produces ₹1,800 crore; services employ 1,00,000 and produce ₹2,000 crore.
875 words, about 4 min