Karnataka State Open University (KSOU) 2010 B.A Psychology - Economics Optional - 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)
cCJdddta iSo:
1. Discuss the basic problems with the help of the production possibilities curve.
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oJ *g> * 6
2. Critically examine the law of diminishing marginal utility.
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O =i. &
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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<-\) Q t
5. Critically evaluate the Ricardian theory of rent.
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SECTION - B - a
Answer any three questions : cCJdddta dbdb io :
(3x10=30)
6. Explain the concept of Consumers Surplus.
ebOeA eQded doosdCbb do.
7. Examine the liquidity preference theory of interest.
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a q <=c
8. Explain how price and output are determined under monopoly.
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c3 2) eJ ro _o oJt 1 -o
9. Explain the phases of a business cycle.
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a =i.
10. Critically examine the subsistence theory of wages.
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1 Q =i. fe
SECTION - C
Write short notes on any three of the following : (3x5=15)
dDd dp> wdoo :
11. Law of supply.
dpd odo.
12. Income effect.
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13. Oligopoly.
do,.
c3
14. Giffens paradox.
15. Marginal cost.
edo d .
Attachment: |
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