Karnataka State Open University %28KSOU%29 2009 B.A I year %2C%2FE %28REVISED SIM SCHEME%29 ECONOMICS%28OPTIONAL %28-I%29 Economics theory%29 - Question Paper
I Year B.A. Examination, May/June 2009 (Revised SIM Scheme) ECONOMICS (Optional) (Course - I) Economic Theory
Date : 31-5-2009
Time : 2.00 p.m. to 5.00 p.m. Max. Marks : 90
Instruction x Answer all Sections.
SECTION - A q
Answer any three questions : (3x15=45)
1. Define production possibility curves and analyse the problem of choice with the help of production possibilities.
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2. Critically examine the concept of consumers surplus.
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t c/1
3 . Discuss the determination of price and output under monopolistic competetion.
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6 d W ro _D oJt 1 <
4. Analyse the Ricardian theory of rent.
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5. What are trade cycles ? Explain the different phases of trade cycles.
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SECTION - B
Answer any three questions : (3x10=30)
6. Examine the concept of law of diminishing marginal utility.
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7. Explain the difference between Micro and Macro Economics.
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8. State and explain the law of supply.
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9. Write a note on consumption function.
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10. What is national income and explain the concepts of national income.
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SECTION - C &
Write short notes on any three of the following : (3x5=15)
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11. Consumers equilibrium
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12. Elasticity of demand
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Cp Cp c3
13. Innovation theory of profit
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14. Multiplier
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15. Price discrimination
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| Earning: Approval pending. |
