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Fyba External Economics Paper - 1 (CC) (Principal) Hj-2115

This document appears to be instructions and questions for an economics exam, with the following key details: 1) It is for a First Year B.A. (External) Examination in Economics Paper I (Micro Economics), which is a core course. 2) There are 11 questions worth a total of 100 marks. Questions can be answered from two options given, labeled "OR". 3) Questions cover topics in micro and macro economics including utility analysis, demand and supply factors, economies and diseconomies of scale, monopoly competition, and wage differences. Diagrams are also referenced.

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132 views4 pages

Fyba External Economics Paper - 1 (CC) (Principal) Hj-2115

This document appears to be instructions and questions for an economics exam, with the following key details: 1) It is for a First Year B.A. (External) Examination in Economics Paper I (Micro Economics), which is a core course. 2) There are 11 questions worth a total of 100 marks. Questions can be answered from two options given, labeled "OR". 3) Questions cover topics in micro and macro economics including utility analysis, demand and supply factors, economies and diseconomies of scale, monopoly competition, and wage differences. Diagrams are also referenced.

Uploaded by

It's tej
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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HJ-2116
First Year B. A. (External) Exqrnination
May/June - 2018
Econornics:Paper-I
(Miarc Eeonomics) (Core Courae) (Principle)

Time : 3 Hoursl flotal Marks : 100

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FIRST YEAR B. A" (EXTERNAL)
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ECONOiTICS : PAPER - I (@RE OOT RSE) (pRlNCtpLE)

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ENGLISH VEBSION

Instructions : (1) As per the instruction no. 1 of the page no. 1.


(2) Figures to the right indicate fulI marks of the
questions.

I What is micro and macro economics ? Explein the scope, 20


importance and limitations of micro economics.
OB
I (a) Explain the expansion and contraction of demand 10
with diagram.
(b) Discuss the factors afrecting supply. 10

2 What is utility ? State its type, discuss the limitations of 20


utility analysis.
OR
r, (a) Explain the concept of income elasticity of demand. 10
o) Discuss the factors afrecting elasticiW of demand. 10

8 What are internal and external economies of Scale ? 20


Discwe in detail the economies and dis-economies of scale.
OB
3 Discuss the three atages of law of variable proporbion with 20
the help of diagram.
HJ-21r6I 2 lContd...
4 Emlain the characteristics of monopolistic competition, 20
discuss the equilibrium of a firm and group in monopolistic
competition.
OB
4 (a) Explain the characteristics of perfect competition. l0
O) Discuss the types of price discrimination. l0

D (a) Discuss the reasons br wage difference in diEerent 10


occupation.
O) Erplain the factore afrecting real wage. 10

OR
D (a) Quasi-Rent. l0
@) Risk-Uncertainty theory of profit. lo

HJ-2r161 3 [ 11oo I

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