Master Your Economics Exam 2025: Key Long Questions & Revision Guide for Punjab Boards
Are you a Class 12 student preparing for your Punjab Board Economics exam in 2025? This comprehensive guide is specifically designed for you. If you are from the Lahore Board, Gujranwala Board, Multan Board, or any other board in Punjab, this resource will help you focus your studies on the most important topics. Remember, effective preparation is not about reading everything, but about reading the right things.
This post provides a curated list of high-probability long questions based on an analysis of past papers and the current curriculum. Use this to strengthen your revision strategy.
Understanding Your Economics Exam Pattern
Before diving into the questions, it's crucial to understand the structure of the exam. The long answer questions carry significant marks and require detailed, well-explained responses, often with examples or diagrams. Focusing your preparation here can greatly impact your overall score.
Important Topics for Long Questions
Based on the marking scheme and historical trends, the following chapters are extremely important for long questions in the annual examination. You should prioritize these chapters in your revision schedule.
Key Chapters Include: Consumer Behavior and Demand, Supply and Market Equilibrium, National Income and its Measurement, Banking and Credit Creation, Money and Inflation, Public Finance and Taxation, and International Trade.
Predicted Important Long Questions for 2025
Here is a selection of critical long questions you should be prepared to answer thoroughly. Practice writing full, structured answers to these.
Explain the law of demand with the help of a schedule and diagram. What are the exceptions to this law? Define price elasticity of demand. Describe the various methods to measure it. What are the factors that affect the elasticity of demand?
Discuss the concept of national income. Explain the different methods of calculating national income. What are the difficulties involved in measuring national income for a country like Pakistan? Describe the functions of a central bank. Compare its role with that of commercial banks. What is credit creation and how do commercial banks achieve it?
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