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Business Economics Exam Structure and Topics

The document outlines the structure of a Business Economics examination for the 5th semester, detailing the distribution of marks and time allotted. It includes three sections with questions covering topics such as the nature of Business Economics, indifference curve analysis, price elasticity, revenue concepts, firm equilibrium, monopoly, and monopolistic competition. Additionally, Section-C lists various economic concepts and terms for short answer responses.

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4 views2 pages

Business Economics Exam Structure and Topics

The document outlines the structure of a Business Economics examination for the 5th semester, detailing the distribution of marks and time allotted. It includes three sections with questions covering topics such as the nature of Business Economics, indifference curve analysis, price elasticity, revenue concepts, firm equilibrium, monopoly, and monopolistic competition. Additionally, Section-C lists various economic concepts and terms for short answer responses.

Uploaded by

talentmapulanga
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

Business Economics

BAF 5th Sem Max. Marks:- 70 Time:- 3 Hours

Note:-

-A (10 marks each).

-B (10 marks each).

-C (3 marks each).

(Section-A) 2x10

Q1. Discuss the nature and scope of Business Economics in detail?

Q2. Critically examine the indifference curve analysis?

Q3. Explain the various methods which are used to measure price elasticity?

Q4. Explain the law of variable proportion in detail?

(Section-B) 2x10

Q5. Define the concept of revenue? Describe the relationship between TR, AR and MR in detail?

Q6. What do you mean by equilibrium of firm? Discuss the conditions of short run and long run
equilibrium of firm

under perfect competition?

Q7. Define monopoly and it’s features? How price and output are determined under monopoly?

Q8. How price and output is determined under monopolistic completion?

(Section-C) 10x3

1. Factors affecting demand

2. Marginal utility

3. Shift in Budget line as income change

4. Elastic demand
5. Increasing return of scale

6. Relationship between Marginal cost and Average cost

7. Source of Monopoly power

8. Types of Oligopoly

9. Marginal cost and Marginal Revenue

10. Difference between Perfect competition and Monopoly equilibrium

11. Indifference map

12. Features of Monopolistic competition

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