Tamil Nadu Open University (TNOU) 2009 B.A Economics Micro - Question Paper

Wk 3

UG-635    BEC-1

B.A. DEGREE EXAMINATION

JUNE, 2009.

First Year

(AY 2003-04 to CY 2005 batches only)

Economics

MICRO ECONOMICS

Time : 3 hours    Maximum marks : 75

PART A (3 x 5 = 15 marks)

Answer any THREE questions.

1.    Define Micro Economics.

2.    Define Consumers Surplus.

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3.    What is Monopoly?

4.    State the law of demand.

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5.    What is price discrimination? g 0    <m?

PART B (4 x 15 = 60 marks)

Answer any FOUR questions.

6.    State and explain the law of diminishing marginal utility.

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7.    Explain the various types of Elasticity of Demand.

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8.    What are the features of perfect competition? How is price determined under it?

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9.    What are the properties of Indifference curves?

10.    Explain the laws of returns to scale. asu$ g V g otuS.

11.    Explain the role of trade unions.

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12. Describe Keynes liquidity preference theory of Interest.

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Q3

3    UG-635

Attachment: tamil-nadu-open-university--tnou--2009-b-a-economics-48448-1.pdf

Earning:   Approval pending.