B.Com-COMMERCE 2nd Sem BUSINESS ECONOMICS(Bangalore University, Bangalore-2008)

II Semester B.Com. Examination, June 2008
(Semester Scheme)
COMMERCE
Business Economics – II

Time: 3 Hours Max. Marks: 90



Instructions:
a) Answer should be continuous.
b) Answer should be written completely either in Kannada or in English


SECTION – A

Answer any ten of the following. Each question carries two marks. (10x2=20)

1. a) Distinguish between firm and industry.

b) What is price discrimination?

c) State 4 characteristics of a Business cycle.

d) What is Foreign Capital?

e) Write any two objectives of pricing policy.

f) What is service MNCs?

g) What is the difference between Balance of Trade and Balance of payment?

h) What is monopoly?

i) Give the meaning of depression.

j) What is perfect competition?

k) What do you mean by Going-Rate Policy?

l) What is Foreign Aid?

SECTION – B

Answer any five of the following. Each question carries five marks. (5x5=25)

2. Explain any five characteristics of perfect competition.

3. Explain the various causes for emergence of monopoly.

4. Explain the important method of pricing.

5. Bring out the internal causes of cycles.

6. State the advantages of foreign trade.

7. What is Tied? What are its merits?

8. State the non – monetary measures for correcting disequilibrium in balance of payment

9. Explain main characteristic features of monopolistic competition.


SECTION – C

Answer any three of the following. Each question carries fifteen marks. (3x15=45)

10. Discuss the role of ‘Time Element Theory’ in the determination of price and output under the perfect competition.

11. Give the meaning of M.N.Cs an explain the role of M.N.Cs in India.

12. What do you mean by business cycle? Explain various phases of business cycle.

13. What do you mean by Price Policy? Discuss the general and other considerations involved in formulating pricing policy.

14. What is Foreign Capital? Explain the classifications of foreign capital.

15. What is discriminating monopoly? Discuss the methods to control monopoly power.