Home / Topic / Supply and demand
Topic Supply and demand
Asked 2 times across 2 UPSC exams over 45 years (1979–2024), peaking in 1979.
Key insights
- Most tested in CSE — 1 of 2 PYQs
- Most asked in 1979
- Recurs across 2 years (1979–2024)
How it travelled across exams
First appearance in each exam — the same idea, reframed.
CSE 1979 → CDS 2024
How the concept evolved
Long-running — most appearances (1 of 2) predate 2016, and it still returns.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CDS2024
Under normal downward sloping demand curve and fully elastic supply curve of a commodity, an exogenous decrease in demand would lead to
- A increase in equilibrium price and quantity
- B decrease in equilibrium price and quantity
- C decrease in equilibrium quantity and no change in price ✓
- D increase in equilibrium price and no change in quantity
✓ Correct answer: (C)
Economy › Macroeconomics
CSE1979
Buyers' market denotes the place where
- A The demand exceeds the supply
- B The supply exceeds the demand ✓
- C The demand and supply are well balanced
- D Commodities are available at competitive rates
✓ Correct answer: (B)
Economy › Macroeconomics
Study how UPSC repeats — not just the papers
₹199 / 1 year · Founding Member
Full access unlocks the three things no PYQ PDF gives you:
① Cross-exam learning — see the same idea recur across CSE, CAPF, CDS and NDA.
② Topic evolution — how each idea is framed, year by year.
③ Question intelligence — every PYQ + answer, linked to related concepts and similar questions.
e.g. Round Table Conference: CDS 2017 → CSE 2017 → … → CAPF 2024
15 days free, no card required — then ₹199 for 1 year.
Start your 15-day free trial →