Question Paper Code : J1103

Transcription

1 Reg. No. : Question Paper Code : J1103 M.B.A. DEGREE EXAMINATION, FEBRUARY/MARCH First Semester DBA 7103 ECONOMIC ANALYSIS FOR BUSINESS (Common to All Branches) (Regulations 2013) Time : Three hours Maximum : 100 marks Answer ALL questions. PART A (10 2 = 20 marks) 1. Distinguish between productive efficiency and economic efficiency. 2. What do you understand by Scarcity? 3. What is meant by Demand? 4. What do you understand by Elasticity of supply? 5. What is meant by imperfect market? 6. What is meant by Factor market? 7. What do you understand by macro economic equilibrium? 8. What is meant by Market efficiency? 9. What is unemployment trade off? 10. What is meant by Money Market? PART B (5 13 = 65 marks) 11. (a) List out and explain in detail the themes and the three fundamental problems of economics. (b) Explain the macro and micro analysis in economics and show their inter dependencies.

2 12. (a) Explain the different types of elasticity of demand and list out and explain the various factors determining the elasticity of demand. (b) What are the different factors affecting the production function and explain the main basis for increasing return to scales? 13. (a) Explain the different types of Market structure and illustrate the conditions for the establishment of a firm s equilibrium under perfect competition. (b) What is General equilibrium? Explain in detail. 14. (a) What are the various factors determining the National income in India? Also list out and explain the difficulties involved in estimating National income. (b) (i) Write short notes on Macro economic equilibrium. (7) (ii) Briefly explain the circular flow of Macro Economic activity. (6) 15. (a) What is Inflation? Explain its causes and how do you eliminate them. (b) (i) What are the impact of unemployment problems in India? (7) (ii) Write short notes on the roles of monetary policy. (6) PART C (1 15 = 15 marks) 16. (a) Consumer s equilibrium is at the point of tangency of the price line with an indifference curve. Can you give an instance of exceptions to this rule? Give diagrams to illustrate your answer. (b) Explain in detail the limitations and leakages of Multiplier. 2 J1103

3 Reg. No. : Question Paper Code : BS2103 M.B.A. DEGREE EXAMINATION, AUGUST/SEPTEMBER First Semester DBA 7103 ECONOMIC ANALYSIS FOR BUSINESS (Common to All Branches) (Regulations 2013) Time : Three hours Maximum : 100 marks Answer ALL questions. PART A (10 2 = 20 marks) 1. What is stability? 2. What do you understand by economic efficiency? 3. Define economies of scale. 4. What are the essentials of the market? 5. Explain autonomous demand. 6. Mention the factors of production. 7. What is Multiplier? 8. Define macroeconomic equilibrium. 9. What is the importance of the study of economics? 10. State any two causes of deflation.

4 PART B (5 13 = 65 marks) 11. (a) Discuss the need and importance of economic growth and stability in the country s business development. (b) The scarcity of the resources gives rise to various basic economic problems which have to be solved by an economy if it is to fulfill its purpose Explain such problems. 12. (a) Discuss in detail the different forms of utility. (b) (i) Explain the features of perfect competition. (7) (ii) Explain price discrimination and its types. (6) 13. (a) Critically examine the Ricardian theory of Rent. (b) Explain the Price-Output determination under different cost conditions. 14. (a) Explain the objectives of fiscal policy. Discuss its impact on business. (b) Explain the different methods of computing national income. 15. (a) Explain the reasons and the impacts of inflation and its influences in business growth. (b) Explain the factors involved in determining the demand and supply of money. PART C (1 15 = 15 marks) 16. (a) Micro economics occupies a vital role in economics and it has both theoretical and practical importance Discuss. (b) Analyse the role and importance of markets and governments in economic development exclusively in the present scenario with suitable examples. 2 BS2103

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