Annamalai University 2007 B.A History General Economics - Question Paper

B.A. DEGREE EXAMINATION, 2007
( HISTORY )
( 2nd YEAR )
( PART - III )
( PAPER - IV )
650. GENERAL ECONOMICS
( Ancillary )
( Including Lateral Entry )

Maximum : 100 Marks
part - A (5 × eight = 40)
ans any 5 ques..
All ques. carry equal marks.
1. explain the nature and scope of economics.
2. What is the importance of the legal regulations of
substitution ?
3. discuss consumer surplus.
4. explain the different factors influencing elasticity
of demand.
5. discuss the features of perfect competitions.
6. discuss Gross Profit and Net Profit.
7. elaborate the functions of Commercial
Banks ?
8. explain the advantages of International Trade.
part - B (3 × 20 = 60)
ans any 3 ques..
All ques. carry equal marks.
9. discuss Elasticity of Demand.
10. discuss any 3 methods of measurement of
National Income.
11. explain good tax system.
12. Write short notes on the subsequent :
(a) Interest.
(b) Nominal wages.
(c) Gross profit.
(d) Inflation.
(e) Selling costs.
13. discuss public debt and explain the burden
of public debt.

Earning:   Approval pending.