Karnataka State Open University (KSOU) 2009-1st Year B.A , f / , economic Theory - Question Paper
Karnataka State Open University
fist year BA exam oct/nov 2009
economic Theory
A 119 - O - I
I Year B.A. Examination, Oct./Nov. 2009 (Revised SIM Scheme) ECONOMICS (Course - I) (Optional) Economic Theory
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Date : 2-11-2009 Max. Marks : 90
Time : 2.00 p.m. to 5.00 p.m.
Instruction: Answer all Sections.
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SECTION - A
Answer any three questions : (3x15=45)
1. Explain the scope and importance of micro economics.
2. Discuss the law of supply. What are the determinants of supply ?
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3. Analyse the determination of price and output under monopoly.
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c3 6 eJ f'o -c oJt 1 < ro
4. Describe the various cost concepts.
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5. Evaluate the Keynesion theory of employment.
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P.T.O.
SECTION - B - &
Answer any three questions : (3x10=30)
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6. Explain how the consumer reaches equilibrium in indifference curve analysis.
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7. What are the methods of measurement of national income ?
8. Describe the features of monopolistic competition.
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9. Analyse the law of variable proportions to scale.
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10. Elucidate business cycle.
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SECTION - C
Write a short note on any three of the following : (3x5=15)
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11. Market.
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12. Consumers surplus. erfodeA ea,.
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13. Quasi-rent. ed -rte.
14. Elasticity.
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15. Revenue. fd>Co.
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