VSAQs - Chapterwise- I, IV & V

Dear students,
The following is the exhaustive list of VSAQs from Chapters 1, 4, 5, 6, 7 and 10.
This list is sufficient even for IPE.
Sailatha
Chapter I
Free goods, Economic goods, Consumer goods, Produccer goods, Intermediate goods, Wealth Income, Circular flow of Income, Utility, Value, Welfare, Prob of Choice, Alternative uses, Deductive method, Inductive method, Economic statics, Economic dynamics, Partial equilibrium, General equilibrium, Microeconomics & Macroeconomics
Chapter IV
Ordinal utility, Scale of preferences, Iso utility curve, Transitivity, indifference schedule, MRS, Indifference map, Properties of ICs, Budget line, Changes in Budget line, Shifts in Budget line, Equilibrium
Chapter V
Production, Production function, Land, Labour, Capital, Entrepreneur, MP, AP, TP, Returns to scale, Economies of large scale, Internal econmies, External economies, Diseconomies, Stock & supply, Supply function, Money cost, Real cost, Opportunity cost, Fixed cost, Variable cost, AC, MC, AR, MR, TR, Supply schedule, Fixed factors, Variable factors, Relationship between AC & MC