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Karnataka State Open University (KSOU) 2009 B.A I year ,/E (REVISED SIM SCHEME) ECONOMICS(OPTIONAL (-I) Economics theory) - Question Paper

Wednesday, 15 May 2013 05:30Web

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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

SECTION - A q

Answer any three questions :    (3x15=45)

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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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3 . Discuss the determination of price and output under monopolistic competetion.

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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)

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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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13.    Innovation theory of profit

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14.    Multiplier

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15.    Price discrimination

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