Start learning →

Karnataka PUC I Economics — practice by topic

Browse 221 questions across 5 Economics topics. Choose what you want to revise, then open a question to check its answer and worked solution.

Start learning Karnataka PUC I with Quill →

Economics topics

Market Equilibrium (50)Production and Costs (50)Theory of Consumer Behaviour & Demand (50)Macroeconomics: Income, Budget & Banking (42)Introduction to Microeconomics (29)

Try a Economics question

When marginal utility is zero, total utility isRead the answer and worked solution →The branch of economics that studies the behaviour of individual units such as consumers and firms is:Read the answer and worked solution →The branch of economics that studies economy-wide aggregates such as national income and employment is:Read the answer and worked solution →The economist whose work 'The Wealth of Nations' makes him widely regarded as the father of economics is:Read the answer and worked solution →

Worked practice questions

When marginal utility is zero, total utility is

  1. negative
  2. minimum
  3. maximum
  4. zero
Show answer and solution

Correct answer: C. maximum

Total utility is maximum at the point where marginal utility becomes zero beyond that MU turns negative and TU falls.

Open this question →

The branch of economics that studies the behaviour of individual units such as consumers and firms is:

  1. public finance
  2. microeconomics
  3. econometrics
  4. macroeconomics
Show answer and solution

Correct answer: B. microeconomics

Microeconomics studies individual units — consumers, firms, markets.

Open this question →

The branch of economics that studies economy-wide aggregates such as national income and employment is:

  1. welfare economics
  2. macroeconomics
  3. microeconomics
  4. managerial economics
Show answer and solution

Correct answer: B. macroeconomics

Macroeconomics studies aggregates — national income, employment, price level.

Open this question →

How to practise

  1. Choose a Economics question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.