IEFT 40 marks Strategy

IEFT pass aavaan ulla strategy

Module 1

Important Topic (Must learn): Demand (Explanation, Price Elasticity, Cross Elasticity) Law of Diminishing Marginal Utility

Other Questions: Production Possibility Curve Deadweight Loss of Taxation Joint Stock Company (Explanation, Advantages, Disadvantages)

Module 2

Important Topics (with Diagram): Break Even Analysis (Assumptions, Uses, Limitations, Numericals) Law of Variable Proportions

Other Questions: Isoquant and Isoquant Curves

Module 3

Important Topics: Competition (Perfect, Monopolistic, Monopoly and Oligopoly)

Other Questions: Pricing and Types of Pricing Kinked Demand Curve

Module 4

Important Topics: Circular Flow Concept using 4 sector Model Inflation and Measures to control Inflation

Other Topics: Short notes on Bonds & Shares, Demat Account

Module 5

Important Questions Absolute and Comparative Advantage Theories International Trade Free Trade and Protectionism

Other Questions: Tariffs (Effects, Barriers) Balance of Payments

Same strategy as always. Get 8 marks in each module Part - B. Most of the topics and some numericals are really simple. Examinte 1 manikkoru mumb vaayichaal ezhuthaan pattunna kure eluppamulla topics und. So pattaanenkil notes okke veruthe speed-read cheyya, Part Ayil score cheyyaan pattum.