Karnataka State Open University (KSOU) 2010 B.A Hindi - ECONOMICS (Optional) ( – I) Economic Theory - Question Paper
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First Year B.A. Examination, May/June 2010 (Revised SIM Scheme) ECONOMICS (Optional) (Course - I) Economic Theory
Max. Marks : 90
Time : 3 Hours
SECTION - A q
Answer any three questions :
(3x15=45)
1. Discuss the basic problems with the help of the production possibilities curve.
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2. Critically examine the law of diminishing marginal utility.
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3. Define national income. Explain the concepts of national income.
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4. Examine the Keynesian theory of employment.
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5. Critically evaluate the Ricardian theory of rent.
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SECTION - B
Answer any three questions :
(3x10=30)
6. Explain the concept of Consumers Surplus.
7. Examine the liquidity preference theory of interest.
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8. Explain how price and output are determined under monopoly.
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9. Explain the phases of a business cycle.
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10. Critically examine the subsistence theory of wages.
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SECTION - C a
Write short notes on any three of the following : (3x5=15)
11. Law of supply.
12. Income effect.
13. Oligopoly.
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14. Giffens paradox.
15. Marginal cost.
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