Download PTU BBA 2020 March 1st Sem 10539 Microeconomics Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) BBA (Bachelor of Business Administration) 2020 March 1st Sem 10539 Microeconomics Previous Question Paper

1 | M-10539 (S12)-1545

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BBA (2014 to 2017)/B.SIM/BRDM (2014 & Onwards)
(Sem.?1)
MICROECONOMICS
Subject Code : BBA-102
M.Code : 10539
Time : 3 Hrs. Max. Marks : 60

INSTRUCTION TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B consists of FOUR Sub-sections : Units-I, II, III & IV.
3. Each Sub-section contains TWO questions each, carrying TEN marks each.
4. Student has to attempt any ONE question from each Sub-section.

SECTION-A
1. Answer briefly :
a. Characteristics of Micro Economics
b. Opportunity Cost
c. Budget line
d. Cross Elasticity of Demand
e. Marginal Revenue
f. Optimum size
g. Economic Efficiency
h. Selling cost
i. Quasi rent
j. Reserve capacity
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1 | M-10539 (S12)-1545

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BBA (2014 to 2017)/B.SIM/BRDM (2014 & Onwards)
(Sem.?1)
MICROECONOMICS
Subject Code : BBA-102
M.Code : 10539
Time : 3 Hrs. Max. Marks : 60

INSTRUCTION TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks
each.
2. SECTION-B consists of FOUR Sub-sections : Units-I, II, III & IV.
3. Each Sub-section contains TWO questions each, carrying TEN marks each.
4. Student has to attempt any ONE question from each Sub-section.

SECTION-A
1. Answer briefly :
a. Characteristics of Micro Economics
b. Opportunity Cost
c. Budget line
d. Cross Elasticity of Demand
e. Marginal Revenue
f. Optimum size
g. Economic Efficiency
h. Selling cost
i. Quasi rent
j. Reserve capacity
2 | M-10539 (S12)-1545

SECTION-B
UNIT-I
2. Explain law of diminishing marginal utility with relevant examples.
3. Demonstrate consumer equilibrium using indifference curve approach of consumer
behaviour.
UNIT-II
4. Discuss types and degrees of elasticity of demand in detail.
5. Show the relationship between average revenue, marginal revenue and elasticity of
demand.
UNIT-III
6. Explain traditional theory of cost and highlight its importance in cost decisions.
7. Give a detailed outline of the process of taking production decisions under short run.
UNIT-IV
8. What do you mean by price discrimination? Also explain its types and degrees.
9. Critically appraise loanable funds theory of interest rate in detail.






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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