Download PTU BBA 2020 Dec 1st Sem 10539 Micro Economics Question Paper

Download PTU ( I.K.Gujral Punjab Technical University (IKGPTU)) The Bachelor of Business Administration (BBA) 2020 December 1st Sem 10539 Micro Economics Previous Question Paper

Roll No.
Total No. of Pages : 02
Total No. of Questions : 18
BBA (2014 to 2017) / B.SIM / BRDM (2014 & Onwards)
(Sem.?1)
MICRO ECONOMICS
Subject Code : BBA-102
M.Code : 10539
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :
1 .
SECT ION-A is COMPULSORY cons is ting of TEN questions carrying TWO marks
each.
2 .
SECT ION-B cons ists of F OUR Sub-sec tions : Un its-I, II, III & IV.
3 .
Eac h Sub-section contains TWO questions each , carry in g T EN ma rks e ach .
4 .
Students have to atte mpt an y ONE ques tion from each Sub-section.
SECTION-A
Answer briefly :
1.
Micro economics
2.
Opportunity cost
3.
Equilibrium
4.
Elasticity of demand
5.
Cardinal utility
6.
Marginal revenue
7.
Optimal input
8.
Monopoly
9.
Excess capacity
10. Oligopolistic
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SECTION-B
UNIT-I
11. What do you mean by micro economics? Also discuss its scope.
12. Explain Diminishing Marginal utility concept in detail with help of diagram.
UNIT-II
13. Define Demand. Also explain determinants of demand.
14. Define Price Elasticity of demand. What are various methods to measure it?
UNIT-III
15. Explain the law of variable proportions. Also explain its stages with help of diagram.
16. Discuss the internal and external economics of scale in detail.
UNIT-IV
17. Define Market. Also explain various types of markets.
18. "Perfect competition is a myth but monopolistic competition is reality" explain the
statement.
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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