Download Goa University BA LLB-5 Years 2017 April 1st Semester Economics I Question Paper

Download Goa University BA LLB-5 Years Course (Bachelor Of Arts and LLB Five Years) 2017 April 1st Semester Economics I Question Paper

B.A.L.L.B (SEMESTER 1) Examination Apri12017.
ECONOMICS I
Duration: 3 Hours Total marks: 75
lnstructions:1) Answer any Eight questionsgfrum QV/Va/ [0 12. (8 x 8)
2) Q N013 and QM). [?1 are crompulsory,
3 ) Students are advised to incorporate exact question number or: answer
scripts. "
1 Explain Monopoly Power and methods to measure monopoly power
[Q
Explain theory ofCost in the long run.
'9)
Explain the factors determining real wages.
4;
Discuss the concept of returns to scale.
Explain Quasi rent.
Discuss Consumer?s budget line.
Explain the Demand side of Loanable funds with the help Ofa neat diagram.
00 \l O\ U!
Explain the Law ofDiminishing Marginal Utility.
9 Critically evaluate the risks theory ofpro?ts.
10 Discuss the central problems of the economy.
1 1 Write a note on Investment analysis
12 Elaborate on Market Equilibrium and the shifts in the market equilibrium.
13 Short Notes Answer any two out Ofthree : 3 x 2
a) State and explain the 3 degrees of price discrimination
b) State the properties of Isoquants.
C) What is Oligopoly and Duopoly markets? Explain?
14 Short Notes Answer any two out Ofthree : 2.5x 2
a) State the meaning ofeconomics.
b) Write a note on real wages
c) State the types of Welfare.
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