B.B.A-B.B.A PRINCIPLES OF ECONOMICS (Alagappa University - Directorate of Distance Education-2012)
Friday, 21 June 2013 01:14Jebaprincy
B.B.A. (Banking) DEGREE EXAMINATION, MAY 2012.
PRINCIPLES OF ECONOMICS
(2005 onwards)
Time : Three hours Maximum : 100 marks
PART A — (5 × 8 = 40 marks)
Answer any FIVE questions.
1. Explain the role of capital in production.
2. What are the uses of national income statistics?
3. What are the salient properties of Indifference curves in an indifference map?
4. What are the limitations of consumer’s sovereignty?
5. Distinguish Optimum firm from Representative firm.
6. Write a note on Collective Bargaining.
7. Explain the Marginal Cost with illustration and its significance in cost analysis.
8. Distinguish between rent and quasi-rent.
SECTION B — (4 × 15 = 60 marks)
Answer any FOUR questions.
9. What is National Income? Describe how it could be measured.
10. What is Law of Demand? What are the factors affecting the demand of a product?
11. Explain Economies of Scale and different types of economies with illustrations.
12. What are the essential features of perfectly competitive market?
13. Illustrate how a firm under monopolistic competition determines the price of the product.
14. Briefly discuss about Marginal Productivity Theory of profit.
15. Explain the liquidity preference theory of interest.
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