Acharya Nagarjuna University (ANU) 2006 B.Com Part II - Commerce, I - BUSINESS ECONOMICS - - Question Paper

B.Com. DEGREE EXAMINATION, DECEMBER 2006
(Examination at the end of 1st Year)
Part II - Commerce
Paper I - BUSINESS ECONOMICS

Time : 3 hours Maximum : 100 marks

part A - (4 X five = 20 marks)
ans any 4 ques..

1. Analysis of Economics.
2. Concept of legal regulations of Supply.
3. Pricing policy in Monopoly.
4. Concept of National Income.
5. Meaning of external economics.
6. Factors determining Real Wages.
7. Balance of Payments
8. Concept of GATT.

part B - (2 X 10 = 20 marks)
ans any 4 ques..

9. Examine the welfare definition of Economics.

10. elaborate the factors involved in demand forecasting?

11. discuss the properties of Indifference curve.

12. define the advantages of national income estimates.

part C - (3 X 20 = 60 marks)
ans any 3 ques..

13. define the Nature and Scope of Economics.

14. elaborate the determinants of demand?

15. describe elasticity of demand? How do you measure it?

16. discuss the concept of consumer surplus with the help of indifference curves.

17. define the differences ranging from short period and long period costs with suitable diagram.

18. Examine the liquidity preference theory of interest.

Earning:   Approval pending.