Student’s Name: In His Almighty Name
_________________ Tehran International School (Girls) Final Approval Administration
Grade: 10 Subject: Economics
Date: Teacher’s Name: Shadan Yousef
Total mark out of 50
Time: Retake Exam
2022-2023
Teacher’s Name and Signature: Moderator’s Name and Signature:
Mark (in figures): Mark (in figures):
Mark (in letters): Mark (in letters):
Date: Date:
No. Mark F/H/N
1. Define market economic system? (3 Marks)
2. Name all the disadvantages of the market economic system and explain two of them? (6
Marks)
3. Which microeconomic policy measures are used by governments to correct market
1out of 5
failures? (2 Marks)
4. Name all the functions of money and explain two of them? (6 Marks)
5. Name all the functions of a central bank? (3.5 Marks)
2out of 5
6. Name all types of banks in a modern economy and explain two of them? (4.5 Marks)
7. Explain how the firms are classified into different industrial sectors? (4 Marks)
8. Why so many firms are small and remain small? (4 Marks)
3out of 5
9. Explain two disadvantages of small firms? (2 Marks)
10. What is external growth? (3 Marks)
11. Name all the main types of internal economies of scale? (5 Marks)
4out of 5
12. What is diversification in production? (2 Marks)
13. What is productivity? (3 Marks)
14. Which is not an artificial barrier to enter the market? (2 Marks)
Predatory pricing
Legal considerations
Bundling
Exclusive dealing
Exam mark
Progress mark CA mark Total mark
Oral Paper
5out of 5