UGC NET Paper 2 Economics Question Paper Shift 1 (June 20, 2023); Download PDF
UGC NET 2023 exam for Economics was conducted on June 20, 2023 (Shift 1) with a total of 100 questions. The exam assessed candidates on various topics related to microeconomics, macroeconomics, international trade, public economics, and development economics. It was designed to evaluate the research and teaching aptitude of aspiring lecturers and researchers in the field of economics.
Q1.
Suppose good 1 is taken on horizontal axis and good 2 on vertical axis, then what happens to the budget line if the price of good 1 double and price of good 2 triples?
Q2.
Suppose that a scarce resource in constant demand will be exhausted in 10 years. If an alternative resource is available at a price of $40 and the interest rate is 10%, what will be the today's price of the scarce resource?