Acharya Nagarjuna University (ANU) 2006 B.Com BUSINESS ECONOMICS - Question Paper

B.Com. DEGREE EXAMINATION, MAY 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 of the subsequent.

1. discuss the concept of Business Economics.

2. describe Macro economics.

3. What is Market Demand ?

4. discuss the concept of cost function.

5. What is monopoly ?

6. Business cycles.

7. International Trade.

8. WTO.

part B - (2 x 10 = 20 marks)
ans any 2 of the subsequent.

9. define the wealth definition of Economics.

10. discuss the factors influencing elasticity of demand.

11. explain the advantages of price discrimination in monopoly.

12. discuss cost - output relations in the long run.

part C - (3 x 20 = 65 marks)
ans any 3 of the subsequent.

13. Distinguish ranging from Micro and Macro economics.

14. discuss the legal regulations of demand and point out its assumptions.

15. discuss various types of elasticity of demand.

16. Examine the legal regulations of consumer equilibrium.

17. discuss the equilibrium position of a firm and industry in perfect competition.

18. State and discuss modern theory of wages.

Earning:   Approval pending.