Annamalai University 2007 B.A Economics GENERAL - Question Paper
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Name of the Candidate :
7 0 2 2
B.A. DEGREE EXAMINATION, 2007
( HISTORY )
(SECOND YEAR)
( PART - III )
( PAPER - IV )
( Ancillary )
(Including Lateral Entry )
May ] [ Time : 3 Hours
Maximum : 100 Marks
Answer any FIVE questions.
All questions carry equal marks.
1. Discuss the nature and scope of economics.
2. What is the importance of the law of substitution ?
3. Explain consumer surplus.
4. Discuss the various factors influencing elasticity of demand.
5. Explain the features of perfect competitions.
6. Explain Gross Profit and Net Profit.
7. What are the functions of Commercial Banks ?
8. Discuss the advantages of International Trade.
SECTION - B (3 x 20 = 60)
Answer any THREE questions.
All questions carry equal marks.
9. Explain Elasticity of Demand.
10. Explain any three methods of measurement of National Income.
11. Discuss good tax system.
12. Write short notes on the following :
(a) Interest.
(b) Nominal wages.
(c) Gross profit.
(d) Inflation.
(e) Selling costs.
13. Explain public debt and discuss the burden of public debt.
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