Annamalai University 2008-1st Year M.A Economics " 510MICRO " ( - I ) ( ) 5413 - Question Paper
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Name of the Candidate :
5 4 13 M.A. DEGREE EXAMINATION, 2008
(ECONOMICS)
(FIRST YEAR)
(PAPER - I)
510. MICRO ECONOMICS
December ] [ Time : 3 Hours
Maximum : 100 Marks
SECTION - A (5 x 8 = 40)
Answer any FIVE questions.
All questions carry equal marks.
1. What is an indifference curve ? Explain its properties.
2. Describe the method of constructing N -M index.
3. Examine the relationship between short run and long run cost curves.
4. Write a short note on elasticity of substitution.
Turn over
5. State the conditions required for price discrimination.
6. Describe Chamberlin model of oligopoly.
7. Explain product exhaustion theorem.
8. Differentiate between partial and general equilibrium.
Answer any THREE questions.
All questions carry equal marks.
9. Explain the theory of revealed preference.
10. Describe the properties of Cobb - Douglas production function.
11. Discuss the special features of monopolistic competitive market.
12. Describe how wages are determined under collective bargaining.
13. Analyse the criteria for welfare judgement given by different economists.
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Turn over
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Attachment: |
| Earning: Approval pending. |
