Indian Economic Services Examination

I am preparing for Indian Economic Services Examination by Books. I do not have past year question papers of this Exam. So please provide past year question papers for Indian Economic Services Examination?

[pawan]

As you are looking for Past Year Question Papers of Indian Economic Services Examination, so I am providing question paper:

Indian Economic Services Examination Question Paper - General Economics -I

SECTION I
Answer all of the following six parts in about 100 wordseach:

1. (a) Define substitution effect. Separate incomeeffect from substitution effect for a fall in theprice of a Giffen type good using a suitablediagram. 5

(b) Show that if the consumer is free from moneyillusion, the demand function is homogeneousof degree zero. 5

(c) Give the different views of equity and useutility possibility frontier to show that efficiency does not necessarily imply equity. 5

(d) State the assumptions of Classical LinearRegression Model. Why are the regressors (X) assumed to be non-stochastic in repeatedsamples ? 5

(e) For the Cobb-Douglas production functionQ = A L a K^ (where symbols have usual
meaning), calculate the input elasticities ofoutput and also derive an expression for the
expansion path of the firm. 5

(f) Define level of significance. How is this leveldecided for a given problem ? Can we take it as2% or 6% ? Explain. 5