VNSGU BA 2019 1st Year 1801000101050071 Economics Paper 1 Question Paper

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RAN-18010001010500T7T1

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RAN-1801000101050071
F.Y.B.A. Semester - I Examination
March / April - 2019
Economics Paper-1
Micro Economics (Subsidiary)

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Instructions:

Seat No.:
Fill up strictly the details of @ signs on your answer book
Name of the Examination: F.Y.B.A. Semester - I
Name of the Subject : Economics Paper-1

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Subject Code No.: Student's Signature

1. Answer the following questions briefly.
2. What is demand?
3. What is elasticity of demand?
4. What is Utility?

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5. State the characteristics of indifference curve.

Q-2 (A) The limitation of welfare oriented definition of economics (06)
(B) The exception of the law of demand (07)
(OR)
Q-2 (A) The types of elasticity of demand (07)

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(B) The limitations or utility analysis: (06)
Q-3 Explain in detail the concept of consumers surplus (13)
(OR)
Q-3 Explain the law of diminishing marginal rate of substitution. (13)
Q-4 Write short Notes (Any Two) (14)

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1. The factors affecting of demand
2. The law of supply
3. The cross elasticity of demand
4. Total utility and marginal utility

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ENGLISH VERSION
Instructions:

1. Question No.-1 is Compulsory.
2. Figures of the right indicate full marks of the questions.

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Q-1 Answer the following questions briefly. (10)