Nalanda Open University 2010 B.Com Final , (Subsidiary), Part-I -II (Principles of Economics) - Question Paper
Final Exam, 2010 B.Com (Subsidiary), Part-I Paper-II (Principles of Economics)
Final Exam, 2010 B.Com (Subsidiary), Part-I Paper*II (Principles of Economics)
Time: 3.00 Hrs. Full Marks: 80
Answer any questions. All questions carry equal marks.
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1. Critically examine the definition of economics given by Marshall.
2. Whether economics is a Science, or Art, or both? Explain the nature of economics.
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3. What is Mixed economy? What are its characteristics? Throw light on its merits and demerits?
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4. What is elasticity of demand? What is its classification? Explain different types of elasticity.
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5. Critically Explain the view points of Hicks on Consumers Surplus.
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6. Explain the law of variable proportions.
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7. What is perfect competition market? What are its characteristics? How does is differ from monopoly?
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8. What is law of demand? What are its exceptions?
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9. Discuss the liquidity preference theory of Interest.
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10. Differentiate total interest from net interest. What are the elements of total interest?
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