Tamil Nadu Open University (TNOU) 2005 B.Com Business Economics - Question Paper

TAMILNADU OPEN UNIVERSITY
B. Com DEGREE exam (BCOAL-1)
BUSINESS ECONOMICS
January, 2005.
Time: three hours Maximum marks: 75.

PART A ? (3 X 5=15)
ans any 3 ques..
ans for every ques. should not exceed one page.
All ques. carry equal marks.

1.Mention few business decision in which economic principles are applied
2.What are indifference curves? What do they explain?
3.What is linear programming? Mention few business application of it?
4.What is a perfect market?
5.What is marginal productivity? What is the significance of this concept?

PART B ? (4X 15=60)
ans for every ques. should not exceed four pages.
All ques. carry equal marks.

6. explain the importance of Business Economics?
7. discuss the kinds of elasticity of demand and discuss their methods of measurement.
8. Bring out the essence of theories of population
9. elaborate the methods of price determination? discuss them briefly?
10.Discuss the relationship among cost, quantity and profits.
11.Explain the ideas contributed by theories of wages.
12.What is production function? discuss its characteristics.

Earning:   Approval pending.