Acharya Nagarjuna University (ANU) 2005 B.Com Part II - Commerce I - BUSINESS ECONOMICS - Question Paper

B.Com. DEGREE EXAMINATION, DECEMBER 2005.
(Examination at the end of 1st Year)
Part II - Commerce Paper I - BUSINESS ECONOMICS

Time : 3 hours Maximum : 100 marks

part - A Answer any 4 ques. (4 x five = 20 marks)

1. discuss the concept of non-economic activities.

2. discuss the concept of Income demand.

3. What do you mean by returns to scale ?

4. discuss Cobb - Douglas Production function.

5. What is price discrimination?

6. define the advantages of National Income estimates.

7. Distinguish ranging from gross interest and net interest.

8. discuss about balance of payments.

part - B Answer any 2 of the subsequent. (2 X 10 = 20 marks)

9. describe 'Macro Economics' . discuss its importance.

10. discuss the factors involved in demand forecasting.

11. discuss the disadvantages of Monopoly.

12. discuss the factors that determine the size of National Income.

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

13. discuss the nature, scope and importance of economics.

14. discuss the legal regulations of variable proportions.

15. define the difference ranging from short period and long period cost curves.

16. describe 'Monopoly'. How is price determined under Monopoly?

17. elaborate the causes and effects of business cycles ?

18. Examine the latest International Trade Policy modifications.

Earning:   Approval pending.