Tamil Nadu Open University (TNOU) 2006 B.A Economics Micro - Question Paper

BA DEGREE exam - JANUARY, 2006.
Economics
MICRO ECONOMICS
Time : three hours Maximum marks : 75

part A — (3 x five = 15 marks) ans any 3 of the subsequent.

1. Distinguish ranging from deductive and inductive methods in economics.
2. Why does the demand curve slope downwards? Are there exceptions?
3. elaborate the factors determining elasticity of demand?
4. explain the relationship ranging from avg. and marginal cost curves.
5. discuss briefly kinked demand curve.

part B — (4 x 15 = 60 marks) ans any 4 of the subsequent.

6. discuss the methods of measuring elasticity of demand.
7. discuss consumer's equilibrium with the use of indifference curve technique.
8. Examine the legal regulations of variable proportions.
9. How do the price is determined under Perfect Competition?
10. explain the modern theory of rent.
11. discuss the role of trade unions in determining wages.
12. Examine the marginal productivity theory of distribution.

Earning:   Approval pending.