Karnataka State Open University (KSOU) 2009 B.A Economics Economic Theory(SIM Scheme)(Optional)( 1) - /e (Code:A 109 - O- 3) - Question Paper
A 109 - O - 3
First Year B.A. Examination, May/June 2009 (SIM Scheme)
ECONOMICS (Optional) {Course - I)
Economic Theory
Date : 2-6-2009
Time : 2.00 p.m. to 5.00 p.m. Max. Marks : 80
Note x Answer all Sections.
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SECTION - A
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Answer any two questions. (2x20=40)
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1. WMt is elsticity of demnd ? ExpMn the price elsticity of demnd.
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2. ExpMn how price nd output re determined under Monopoly.
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3. Criticlly exmine the Risk nd uncertinty bering theories of profit.
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4. Stte the clssicl theory of unemployment.
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SECTION - B
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Answer any two questions.
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5. Explain the law of equi-marginal utility.
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6. State the properties of Indifference Curves.
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7. Critically examine the subsistence theory of wages.
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8. Explain the concept of multiplier.
SECTION - C - a
Write a note on any four of the following : (4x5=20)
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9. Price effect
10. Quasi Rent ed rte.
11. Marginal Rate of substitution
12. Disposable income
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13. Fixed and variable cost
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14. (MPC) Marginal Propensity to Consume
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