Exam paper-Madurai Kamraj University (MKU) 2007 B.A Economics Madurai kaajar universiy ,
6116/Ell OCTOBER 2007
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.
1. Qrr@mij ot0(iud65t
State and explain Deductive method.
2. (gennjjBisQffsu Iplrglana) uujOTruml afillaoiu ijnuus. Examine Law of Diminishing Marginal utility.
3. Genaj Qr5<flLpffl0!)uj jiTLDn-6?ifl0Lb mj6nnfl<6TT turranaj?
What are the factors determining elasticity of demand?
4. CT65BT658TGTT6L| UUJ6STLJfTL_@ (jpflDjDCBLU <llJLD c9|CTr6I| uuj65rurrL_@ (ip0f)fDiJ-|i_a5r <uiS1.
Compare Cardinal utility approach to ordinal utility approach.
5. e_a&LpuL| <|l(D6isT crdicun-p iTLDrTe5flffiuuljDi?
How Labour efficiency is determined?
6. ffLoGrBrra 'e-jbujsgl tsuef>enGsiTL-iij.m u0Rsn_|ffias)GrT <9vgii<s5. State the features of ISO-quant curve.
7. @plujffirr6u ffijrrffifl Qa:suajGn'(5l ron U euuj-ajLDitffi
(5rr685Tuu(3llai]?
Why does short run average cost curve is U shaped?
8. 665)0) Gu<5LD fTL($)<50S)05rnrcb 6D(TULD c9|DI_UJ(LpL)-lL|U>n-?
Can price discrimination reach profitable position? SECTION Bt(3x20 = 60 marks) . Answer any THREE questions.
9. jbqSgbt a.661 GmlunLi|.0S)6ffr Qffius.
Examine Modern theory of wage.
10. fflT6nS)6ST jBlTOOLD qS)0UU G<SnLUITLLli).0ne5r 6filaJITl(S6l|Lb. Discuss about Keynes Liquidity preference theory.
11. (Lpfbptfls&iD Guirilii). #f56<5uS)a) SI anew era.j&jrnp ITLDn-0!flLJ u 1 jpg) ?
How price determined under Monopolisti competition?
12. U0LD 6la)srre4 offllaouj
Explain Laws of Returns to scale.
13. Geweu oSljfiaouj ajeiDijui_jL_65T 6filsrr@<K. Explain Law of demand with diagram.
14. <Il_u00dld @eoas5r0o IfDCSTrriuaj Qmijs Critically examine scarcity definition.
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