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For the exam on March 17, TS Inter 1st Year Economics Answer Key 2025 for all short-answer questions is provided here. TS Inter 1st Year Economics Exam Analysis 2025 is also detailed here.
TS Inter 1st Year Economics Answer Key 2025TS Inter 1st Year Economics Answer Key 2025: The TS Inter 1st year Economics exam is scheduled for today, March 17, 2025, which will be concluded at 12 PM. Here the candidates can find out the TS Inter 1st Year Economics answer key for the short type questions. Note that the answer key will be unofficial in nature. Candidates are advised to refer to the TS Inter 1st Year Economics answer key for evaluating their scores and assessing their performance level before releasing the result.
Also Read | TS Inter 1st Year Commerce Guess Paper 2025
TS Inter 1st Year Economics Answer Key 2025
The following table shows the TS Inter 1st Year Economics answer key for the short questions here:
Section C
| Question | TS Inter 1st Year Economics Answer Key 2025 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18. What is Macroeconomics? | Macroeconomics is the branch of economics that studies the overall performance, structure, behavior, and decision-making of an economy as a whole, focusing on aggregate variables like inflation, unemployment, and economic growth. | ||||||||||||
| 19. What is Price? | Price is the amount of money paid for a good or service. It can also refer to the value of something that is exchanged. | ||||||||||||
| 20. What is Price Line/Budget Line? | A price line, also known as a budget line or budget constraint, is a graphical representation showing all possible combinations of two goods a consumer can afford, given their income and the prices of those goods. | ||||||||||||
| 21. Draw the indifference maps. |
An indifference map is a graphical representation of multiple indifference curves, each showing different levels of consumer satisfaction or utility, with curves further from the origin representing higher levels of satisfaction.
(Graphical representation to be drawn by the student) | ||||||||||||
| 22. What is Demand Function? | A demand function in economics is a mathematical expression that shows the relationship between the quantity of a good or service demanded and the various factors that influence that demand, such as price, income, and related goods. | ||||||||||||
| 23. What is Perfectly Inelastic Demand? | Perfectly inelastic demand means the quantity demanded of a good or service remains unchanged, regardless of price fluctuations, depicted graphically as a vertical demand curve. | ||||||||||||
| 24. Explain Giffen's Paradox. | Giffen's paradox describes a situation where, contrary to the law of demand, the price increase of a good leads to an increase in its demand, typically occurring with essential, low-cost, inferior goods. | ||||||||||||
| 25. What is divion of Labour? | Division of labor is an important economic concept that refers to the separation of tasks in a production process. Division of work can also be referred to as specialization, where workers are assigned smaller, manageable tasks that contribute to the larger main activity. | ||||||||||||
| 26. What are the Selling Costs? | Selling costs encompass all expenses a business incurs to market, advertise, and sell its products or services, including advertising, sales commissions, and distribution costs. | ||||||||||||
| 27. What is Contract Rent? | Contract rent refers to the specific, agreed-upon rental amount outlined in a lease or rental agreement between a landlord and a tenant, which is different from the potential market rent. | ||||||||||||
| 28. What is Net Interest? | Net interest, in the context of finance, refers to the difference between the interest income earned on assets (like loans and investments) and the interest expense paid on liabilities (like deposits and borrowings), often used to measure a bank's profitability. | ||||||||||||
| 29. Expand C.S.O. What is its responsibility? | "CSO" can stand for Chief Security Officer or Chief Strategy Officer, depending on the context. A CSO in either role is responsible for overseeing and managing security or strategy within an organization, respectively. | ||||||||||||
| 30. Write in brief about GST. | The goods and services tax (GST) is a tax on goods and services sold domestically for consumption. The tax is included in the final price and paid by consumers at point of sale and passed to the government by the seller. | ||||||||||||
| 31. What is Budget? | A budget is a spending plan that outlines your income, expenses and other financial goals like savings and debt paydown. It's an estimate of how much money you'll make and spend over a certain period of time, such as a month or year. | ||||||||||||
| 32. What is Currency? | A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. | ||||||||||||
| 33. What is Clearance House? | A clearing house is a financial institution that acts as an intermediary between buyers and sellers in financial markets, ensuring the smooth and secure transfer of funds and securities by validating and settling transactions, thereby reducing counterparty risk. | ||||||||||||
| 34. Explain the types of inflation. | Inflation measures how quickly the prices of goods and services are rising. Inflation is classified into three types: demand-pull inflation, cost-push inflation, and built-in inflation. The most commonly used inflation indexes are the Consumer Price Index and the Wholesale Price Index. | ||||||||||||
35. Find the mode from the following data.
| The mode of the given data set is 480. | ||||||||||||
|
36. Compute median for the following data.
5. 7. 7, 8, 9, 10, 12, 15 and 21 | The median of the data set is 9. | ||||||||||||
| 37. What is a Pie-Diagram? | A pie diagram (or pie chart) is a circular statistical graphic that visually represents data as proportions or percentages of a whole, with each slice representing a category and its area proportional to the category's share. |
TS Inter 1st Year Economics Exam Analysis 2025: Student Feedback
Here the students can find out the TS Inter 1st Year Economics exam analysis:
- The initial reviews by the students as well as the subject teachers suggested the TS Inter 1st Year Economics question paper 2025 to be "Moderate".
- Section A was Moderate as well with the internal choice easing the question. However, the students said that the questions were a bit lengthy.
- Section B was the easiest section in the paper, given its internal choice and familiar questions being asked.
- Section C was also on the easier side. The questions were familiar and expected.
- There were few previous years' questions as well.
- An aspirant from Hyderabad, shared that the paper and the long answer questions were 'Easy' for him. He was also added that he expects 85 marks in the exam.
TS Inter 1st Year Economics Exam Analysis 2025
Check out the TS Inter 1st Year Economics exam analysis 2025 here in the following table:
| Parameter | Exam Analysis 2025 |
|---|---|
| Overall difficulty level of the paper | Moderate |
| Difficulty Level of Section A | Moderate |
| Difficulty Level of Section B | Easy to Moderate |
| Difficulty Level of Section C | Easy to Moderate |
| Expected Good Score | 92+ marks |
| Time-Consuming Question (If any) | Section A |
TS Inter 1st Year Economics Question Paper 2025
Get access to the TS Inter 1st year Economics question paper 2025 here:
TS Inter 1st Year Economics Question Paper 2025 PDF – To be Updated! |
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TS Inter 2nd Year Answer Key 2025 Subject-Wise |
| Subject | Answer Key Link |
|---|---|
| Sanskrit | 2nd Year TS Inter Sanskrit Answer Key 2025 |
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| Zoology | TS Inter 2nd Year Zoology Answer Key 2025 |
| Mathematics 2B | TS Inter 2nd Year Mathematics 2B Answer Key 2025 |
| Physics | TS Inter 2nd Year Physics Answer Key 2025 |
| Economics | TS Inter 2nd Year Economics Answer Key 2025 |
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