Tamil Nadu Open University (TNOU) 2006 B.Com Business Economics - Question Paper

B.Com. DEGREE exam -JANUARY, 2006.
(For AY 2004-05 and CY-2005 batch students)
First Year
BUSINESS ECONOMICS
Time : three hours Maximum marks : 75

part A — (3 x five = 15 marks)
ans any 3 ques. in not exceeding one page each,

1. Briefly discuss Marshall's definition of Economics.
2. Explain the concept Consumer Surplus.
3. State the uses of Break Even Analysis.
4. List out the features of Monopoly.
5. explain the need for Public Enterprises.

part B — (4 x 15 = 60 marks)
ans any 4 ques. in not exceeding four pages every.

6. explain the nature and scope of Business Economics.
7. State the legal regulations of Demand. What are the determinants of demand?
8. what are the factors of production and their features.
9. describe price discrimination. When is it possible and profitable?
10. explain the methods of estimating National Income.
11. Enumerate the salient features of New Industrial Policy.
12. How prices are determined under oligopoly?

Earning:   Approval pending.