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AP Inter 1st Year Economics Answer Key 2025 (Available) with Exam Analysis, Student Reviews

For the exam on March 11, AP Inter 1st Year Economics Answer Key 2025 for all short-answer questions is provided here. AP Inter 1st Year Economics Exam Analysis 2025 is also detailed here.


 

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AP Inter 1st Year Economics Answer Key 2025: AP Inter 1st Year Economics exam was conducted on March 11, 2025, from 9 AM to 12 PM. As the AP Inter 1st Year Economics exam concluded, the students reviews and based on that, the exam analysis has been added here. Along with it, the candidates can also find out the answer key for the short answer type questions here. Note that the subject experts will release the AP Inter 1st year Economics unofficial answer key, which will be absolutely corrected. So that the candidates who appear for the AP Inter 1st Year Economics exam, can analyse their performance level and predict their obtainable scores.

AP Inter 1st Year Economics Answer Key 2025

Here the candidates can find out the AP Inter 1st year Economics answer key 2025 for the short answer type questions here in the following table:

Section C: Short Notes

Question Number Answers
18. Wealth Wealth is the total value of all assets owned by a person, community, company, or country. It's measured by taking the market value of all physical and intangible assets owned and then subtracting all debts.
19. Intermediary Goods An intermediate good is a product used to produce a final good or finished product—also referred to as a consumer good.
20. Cardinal Utility Cardinal Utility is the utility where the satisfaction derived by consuming a product can be expressed numerically.
21. Income Demand Income demand is the functional demand for a commodity and level of income, it shows how much quantity of a commodity a consumer will buy at different levels of income.
22. Demand Function A demand function is a mathematical representation of the relationship between the quantity of a good or service that consumers are willing and able to buy and the factors that influence that quantity.
23. Factors of Production Factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Factors of production are into four categories: land, labour, capital, and entrepreneurship.
24. Monopoly A monopoly is a market structure where a single company sells a product or service with no close competitors.
25. Selling Costs Selling costs refer to the expenses incurred by a firm to promote and sell its products or services. These costs may include advertising expenses, sales promotion, personal selling, discounts, and other marketing expenses.
26. Contract Rent Contract rent refers to the rent which is agreed upon between the landowner and the user of the land.
27. Net Interest Net Interest Income (NII) is the difference between the revenue generated from a bank's interest-bearing assets and expenses incurred while paying its interest-bearing liabilities.
28. Per Capita Income Per Capita Income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income is used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population.
29. Gross National Product Gross National Product (GNP) is the total market value of the final goods and services produced by a nation's economy during a specific period of time (usually a year).
30. Effective Demand Effective demand refers to the willingness and ability of consumers to purchase goods at different prices. It shows the amount of goods that consumers are actually buying.
31. 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.
32. Reserve Bank of India Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.

AP Inter 1st Year Economics Exam Analysis 2025: Student Reactions

The student's feedback on the AP Inter 1st Year Economics exam will be added as soon as the exam concludes.

  • Meera Sharma: "Overall, the exam was moderate. A few indirect questions required deeper conceptual clarity, but nothing too difficult."
  • Vikram Rao: "Market structures and Demand-Supply topics had direct questions. Some assertion-reason questions required deeper understanding."
  • Pooja Deshmukh: "Questions from Government Policies and Budget were straightforward, but some application-based questions were difficult."
  • A student from Vijayawada, who appeared for the exam felt that the paper and long answer questions were 'Moderate' level.

AP Inter 1st Year Economics Exam Analysis 2025

Find out the section-wise and overall AP Inter 1st Year Economics answer key 2025 here in the following table:

Parameter Exam Analysis 2025
Overall difficulty level of the paper Moderate
Difficulty Level of Section A Easy to Moderate
Difficulty Level of Section B Easy to Moderate
Difficulty Level of Section C Easy
Expected Good Score 60+
Time-Consuming Question (If any) No
Topics with Maximum Weightage To be Updated

AP Inter 1st Year Economics Question Paper 2025

Obtain the question paper for the 2025 Economics exam for 1st Year AP Inter here:

AP Inter 1st Year Answer Key 2025 Subject-Wise |

AP Inter 2nd Year Answer Key 2025 Subject-Wise |

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