Business Economics Past Paper PDF - K20U 1933
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Uploaded by LionheartedLouisville
Kannur University
2020
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Summary
This is a past paper for a Business Economics exam, likely from the third semester of a bachelor's degree. The exam from November 2020 has different sections, Part A with multiple choice-type questions, Part B covering more extensive answer-type questions, and Part C with long essay questions. The paper appears to be comprehensive, encompassing varied facets of business economics, from managerial economics to market equilibrium concepts.
Full Transcript
l l l lu lt K20U 1933 '' - -:fx lll Semester LCom. Degree CBCSS (OBE)- Begular Examinalion, Novem.ber 2020...
l l l lu lt K20U 1933 '' - -:fx lll Semester LCom. Degree CBCSS (OBE)- Begular Examinalion, Novem.ber 2020 (2019 Admission Only) Complemenlary Elective Course 3C03 COM : BUSINESS ECONOMICS PART A Answer any six qLresiions frorn lhe iollowing. Each queslion canies 1 mark : 1 Why the sudy oi micro economics is lmponant ? 2 Whai is managerial econom cs , 3 l4enlion any 1wo ass!mplions of Law oi Demand 4. Whal do you mean by income e asl c ly t 5 What s slrort lerm afd ong 1em d€nrand torecasiinq ? 6 Wile a note on Cobb-DoLrg as Production Funct on 7. Wlren does a flrm adopt Marg nal cosi pricifg po cy ? 8. Wlral were the obleclives oi "Demonelizaiion ln lndia" ? (6x1=6) PART, B Answe. any six queslions lrom lhe lollow ng. Each question cades 3 ma*s 9 Distinguish between rea and nominalcDP 10 Brely explain d fierenl techn ques ior demand iorecasling. ll What s easlcity of dernand ? Exp a n d iiereni degrees of prce etastcly. K20u 1s33 ll ll llllllfillllflllllllll 1 2. How does the 'Law ol var ab e proporlions' explain lhe prod'rcl on lunction n 13. How is 'cost plus pricing'iixed ? Whal are its me is and deme.ls ? 14. How are substilule and complemeniary producls piced under 'Produci-line picing' ? 15. Wrlle a nole on excepllons to the Law oi.Demand". 16. Biely dlscuss lhe objeclives o1'picing policy olafim. (6x3=18) PART C Answer any two queslions lrom the iollowing. Each question cades 8 marks I 17. Whal are lhe characterislics of lvlanagerial Economics ? How I is differenl lrom general economics ? 18. How can a prcducer I nd the 'easl cost lnpul combinalion' wilh the help of lsoquant and lsocosi curves ? 19. What do you mean by GDP ? Whatare ihe ways to measure GDP ? (2i8=16) lff fl lU t llllllll llflllll K21U 1934 Req. No. {."'*'.i; lll semester B.Com. DesYee cEcSS (obE) Reg /supJlmp' Fr.minati6n Ndvember 2021 r2019-2020 Admission) coLrpt-iuerranv elecrlvE couRsE 3c03 COM : Business Economics PART -A Answer any six questions lrcm lhe iollowlns Each qLestions caries 1 ma']c (6x1=6) 1. What is ihe impodance ot macro economics ? ? 2 What are ih€ major branches ol micro econornlcs 3. Wrik a note oi lsoquanls" 4. when does a iirrn adopt'Golng rate picing' policv ? 5. Whal do you mean by 'Dernonelization in lndia ? 6. D.J.nguEh berwoen l,'lonararv Po' v rnd I rs'dl Po cv 7. Whal do you mean bv cross elaslicilv ? ? 8 How ls GDP deliaior used to measure inllalion PART B quesiions carries 3 marks (6x3=18) ,lnswer any six queslions lrorn ihe lollowlng' Each ior new producls 9. Explain dlilerenl approaches to iorecast ihe demand ihe produciion function in the 10. H6w does lhe Law ol relr'rrns lo scale'explain long-run ? K21u 1e34 l illlll llll lu llllll 11. Whal is '[,largina] cost, pricing ? How is it d terenl trom ,fu/t cosl, pdcing ? '12. Write a note on ,Break Even point pricing,. 13. t p,dr drlereni p.."9 oo"c es or srrrregie.,.at!anbaaoopipoin.hecase or a rorary InnovalNe nr..l,,.r 14. Briefly discuss rhe ,,Oevetopmentat issues of tndian Economy,. 15. Wdte a lrote on ,,Kelala Modelof Devetopmen|. 16. Briefly discuss lhe difiicuttjes connecled wilh the estimarion of Nationat tncorne. PART C Answer any t\rvo queslions trom rhe foltowing. Each quesiions car es 8 matis. (2x8=10) 17. What is l,4anageriai Economics ? Exptain ]rs nalure and scope. 18. What is Law of Dernand ? Why dernand curve stops downward ? 19. The beneiirs oi targe scale produclion arises both on account ot internal and externalcauses. Disc!ss I tt IIIl l K22U 3582 Feq. No. :.................................. Third S€mester B.Com. Degree (CBCSS-OBE - Re'gular/Supplementary/ lmprovement) Examinalion, November 2022 (2019 Admission Onwards) Complementary Elective Course 3co3 COM : BUSINESS ECONOMICS PART A Answer any six quesl ons irom the io lowing Each queston carries 1 mark. 1. Whai is normalve economics ? 2. What s cross easticily ? 3. What s Delphimethod ? 4 Whal s meanl by econom es ol scale ? 5. Wlrat is isoquanis ? 6 Whal do you mean by psychological prlcing ? 7. Whal is diiierenila prc ng ? 8. what is demon I salion ? (6x1=6) PART B Answer any six quest ons irom the io lowlng. Each queslon carries 3 nrarks 9. Whai are llre obleclives of managera economics ? 10. Discusslhe realionship of managerial economics wlh olhersubjecls. 11. Whal arc lhe melhods for forecasling demand lor lhe new prodirct ? 12. Expa n lhe elasticity of dernand. K22u3sa2 llllllillllill lllllllll ll 13. ExpLain the law oivaiable p.oporlion. 14. Briefly explain different rnelhods of pricing. 15. E)(plain GDP and lls components. 16. Explain the mon lory and fiscal policy. (6x3=18) PAFT_C Answer any two qLreslions frcm the following. Each queslion canies I ma*s i7. Whal is pricing policy ? whal are lhe factors lo be consldercd while making pac ng decision ? 18. Explain law of demand. Whal arc its determinanls and assumpiions ? 19. Explain law oi reium lo scale. (2t8:16) tu l [i K23U 3538 Re9. No. r........-......................... Name :.................,,.,.,,,,,..,,,,,.,.., lllSemesler B.Com. Degree (CBCSS OBE - Resular/Supplemenlary/ Improvement) Examinaiioh, November 2023 (2019 io 2022 Admissions) Complemenlary Elecrive Course 3c03 coM : BUSINESS ECONOIvtICS SECTION A (very short Answer) Answer any six queslrons lrom lhe lollowing. Each queslon caries one nrark. I Stare lhe M/ealh Delin lioir'ol Economics. 2. lnlrodlce De phiTechnlque as a Demand Forecasling lechnique. 3. Deline 'Cross Elaslicily oj Demand'..1. Dlsli.guish betweef Per Capiia lncome'and 'Nationa lncome. 5. Whal does Demonelisation mean? 6. cive any two reasons loi lryome lnequari\r in an economy 7 wh.l.l.e. cencral Fc.n;mi.s' nafude ? L compare Rea GDPwthNominaiGDP. (6"1=6) SECT ON - B (shorl Essay) - Answerany six queslions. Each qleslion caries three marks. 9. Dislingu sh behleen l,licro Econom cs and Macro Economics. i 0. Ana yse the mpodani iealu res of the Ke rala Economy. K23t 3s3a tlllfi ru !l[fi 11. Speciry lhe praclical diiiiculties laced in ihe compuialion ot Nalonal lncome. 12. "Oemand curue slopes downwards." why ? 13. Whal are 'lsoquants'? Discuss ils prcpenies. 14. Enumerale lhe objeslives oi the Pricing Policy. 15. Summaisethe differenl componenls oilhe GDP ol a colnlry. Diflerenliale Fiscal Polic'es trcD-lvlonelary.Policles. (6x3=18) on"'",."r-.0,'"o"""6ru1ff#,n"r"-,6l 17. Deiail lhe roles and rcspons'8inb oiltrthnase al E.onomisl lowards lhe €conomic development of ln 18, Crilically €xamine the Lawo lhs M 19. Enmunter ihe difiere (2x8=16)