Punjab University 2008-3rd Sem B.B.A L.L.B B.A..(hons.) for Economics-1,at , - Question Paper
(i) Printed Page*: 2 Roil No___________________________
(ii) Questions : 9 Sub. Code : 14 1 9 1 7 1 6l Exam. Cade: [ | | [
B.A.LL.B. (Hons.) 3rf Semester (Five Years Integrated Course)
V'>* -Paper: II /)
Time Allowed: Three Hours] (Maximum Marks: 80
Note Attempt five questions in all, selecting one from each Unit (I-IV) and Unit V is compulsory.
UNIT-I
I. What cjo you mean by PriceElasticity of Demand TDiscuss any three methods of its measurement. j 5,10
UNIT-111 \j
V. What is discriminating monopoly ? How does a discriminating monopolist take price-output decision in the market ? y*. 5,10
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VI. Examine the state of consumer protection in India. 15
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UNIT-IV
Vlfc Explain the reasons behind the 1991 crises and describe the major r:' policy measures taken by the Govt., since then. 15
VIII. What do you mean by privatisation ? Mention its rationale and throw light on the Disinvestment Policy of Govt, of India.
I ' * ; - 5,3,7
*' UNIT-V
IX, Write brief notes on the following:
/a) Nature and scope of Economics
VM Law of Diminishing Marginal Utility n
(c) Budget line and Consumer's equilibrium C r (d) Characteristics of monopoly market..........' 5x4
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