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VNSGU BA 2019 1st Year 2226 Economics Paper 2 Question Paper

VNSGU (Veer Narmad South Gujarat University) BA (Bachelor of Arts) 2019 1st Year 2226 Economics Paper 2 Previous Question Paper

This post was last modified on 03 January 2021

VNSGU BA Last 10 Years 2011-2021 Previous Question Papers (Veer Narmad South Gujarat University)


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RAN-2226

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First Year B.A. (External) Examination

March / April - 2019

Economics Paper-1 (Micro Economics)

(Subjective Elective) (Subsidiary)

[ Total Marks: 100

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Instructions

(1) Fill up strictly the details of signs on your answer book

Name of the Examination: First Year B.A. (External)

Seat No.:

Name of the Subject : Economics Paper-1 (Micro Economics)

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Subject Code No.: Student’s Signature

(2) Figures to the right indicate full marks of the question.

Q-1 What is micro and macro economics? Explain the scope, importance and limitation of micro economics. (20)

OR

Q -1 What is demand ?-Explain the law of demand with the help of diagram. discuss the assumptions and exception of law of demand. (20)

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Q-2(A) Explain the types of price elasticity of demand. (10)

(B) Discuss the concept of income elasticity of demand. (10)

OR

Q-2 What is indifference curve ? Explain the characteristics of indifference Curve with diagram. (20)

RAN-2226 [1] [P.T.O.]

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Q-3 Explain the law of variable proportion. (20)

OR

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Q-3 Explain the internal and external economies of scale, discuss the advantage and disadvantages of scale. (20)

Q-4 Give the definition of perfect competition, explain the short run and long run equilibrium of a firm with the help of diagram in perfect competition. (20)

OR

Q-4 Explain the characteristics of monopolistic competition, Discuss the equilibrium of a firm and group in monopolistic competition. (20)

Q-5 Give the meaning of money wages and real wages, explain the factors affecting real wages. (20)

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OR

Q-5 Discuss the marginal Productivity theory of distribution. (20)

RAN-2226 [3] [ 880 ]

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