Bharathidasan University 2007 B.B.A PRINCIPLES OF ECONOMICS - Question Paper

B.B.A. (Banking) DEGREE EXAMINATION, DECEMBER 2007.
PRINCIPLES OF ECONOMICS
(2005 onwards)
Time : 3 hours Maximum : 100 marks
part A — (5 ? eight = 40 marks)
ans any 5 of the subsequent.
1. What are the various concepts in National Income?
2. List out the factors affecting the growth of population.
3. Define legal regulations of demand with an example.
4. What are the internal and external economics of a firm?
5. What are the conditions of competitive equilibrium?
6. How is price determined under perfect competition?
7. Explain Keyne's liquidity preference theory.
8. Analyse the role of capital in production.
part B — (4 × 15 = 60 marks)
ans any 4 of the subsequent.
9. Explain the methods of measuring National Income. elaborate the difficulties in measuring National Income?
10. Critically analyse the Malthusian theory of population.
11. Explain in detail the indifference curve analysis.
12. Compare the monopoly with monopolistic competition.
13. Describe the marginal productivity theory of wages.
14. What is quasi rent? discuss rent as economic surplus.
15. Compare the optimum firm with the representative firm

Earning:   Approval pending.