Madurai Kamraj University (MKU) 2008 B.A Economics Micro ,,ober . - Question Paper
This beneath ques. paper is related to Micro Economics of B.A Economics.
7087/E 11 OCTOBER 2008
MICRO ECONOMICS
(For those who joined in July 2003 and after)
Time : Three hours Maximum : 100 marks
SECTION A (4 x 10 = 40 marks)
Answer any FOUR questions.
All questions carry equal marks.
1. GluiT0Trirrr(r0S))srfl0n'luja)LSlai>0jiefil6iT@.
Explain the nature of Economic laws.
2. aSl0uu(iiffi6ir sre5TfDrrQa)(T6ST?
U III6100)?
What are wants? What are their characteristics?
3. (Spanm Q(5$Lpff#)6>uj< jSirtJDir68fl@ib ajirg-fiwflaGOOT
961T.S>@.K.
Explain the factors determined elasticity of demand.
4. Qurr0stfliu0si6u (glsuiii eraniDrra) er&nasi? <&pGbi g)ujajL|ffiOT
ui rrarxsu?
What is land in economics? What are its
characteristics?
5. *5>i6rf1uL| aSllonuj cr@gj<n'LL(SlGOTrr@ aS1err@<s. State and illustrate the law of supply.
6. i6wn_ rr6u tfpwifl Qff606fil[)6ffr oSIot.
Explain the Long run average cost.
7. SIsdq) Gug>)65T (Lp65T@i 6uf>6s)stt Sierra.
Explain three kinds of Price Discrimination.
3. aniBil GirL_u(rui.6i(T ffrrluja 5h.anp Qffulia.
Examine the relevance of Knight's theory.
SECTION B (3 x 20 = 60 marks)
Answer any THREE questions.
All questions carry equal marks.
>. (8jWDj6gj Qff) |)fpilr]65)60 uiLieifrumlgl qS).$uS165>6t 5lfD6!frinu6 OffiLia.
Critically examine the Law of Diminishing Marginal utility.
0. paiKSajrriT ffu>i)0O6D0ouj ffiX)Gi6rr@ 6U6nsTT(l!<sir($)'5STT pa)LD )f61iL|ib (yjenipenuj
Explain the theory of consumer equilibrium with he help of indifference curves.
1 1. ySlcb (LpiusbGojrnflein- ucflKor>GTT uj<&.
Examine the functions of an Entrepreneur.
12. f9jD6i|LJ Gurriliu51d) 0510)0) srdj<surrp
$ (V10 IT <K<$u u @& (DgJ ?
How is price determined under perfect competition?
13. Qjin;ti> uoirSluj Gsmlumli|-6D65T o&lojfrl.
Discuss the main aspects of modern theory of rent.
14. <olJL_L_ UfTin51lU jf)(T6tf)LD G)S] 0 U U <9S GKfTllUfTL_U|_(o<S 6fil<STT<$0<. Explain the liquidity preference theory of Interest.
3 7087/Ell
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