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Monday, December 7, 2015

Micro Economics, Question Paper of B.Com 1st Semester,Download Previous Years Question Paper 2






Roll No………………..                                                                                   

B.Com. (Sem.-1st)
(MICRO ECONOMICS)
Subject Code: BCOP-103
                                                          Paper ID: [B1103]
Time: 3 Hrs.                                                                                             Max.Marks: 60
INSTRUCTIONS TO CANDIDATE:
The question paper shall have two sections A and B. Section A consist of 10 sub-questions of 2 marks  each.  Section  B  shall  have  6  questions  out of A  candidate  shall  be  required  to  attempt any four questions of 10 marks each.
SECTION-A
Q.1.   (a) Define isoquants
(b) Explain the concept of price leadership
(c) What is discriminating monopoly?
(d) How do you measure elasticity of demand with total expenditure approach.
(e) What is marginal revenue.
(f) Explain internal and external economics of scale.
(g) What are the main features of perfect competition?
(h) Define Gross and net interest?
 (i) Explain the concept of intensive cultivation under Ricardian approach.
(j) What is expansion path?

         SECTION-B

Q.2.   What is oligopoly? Elaborate the price leadership model in the oligopoly form of market.
Q.3.   What is elasticity of demand? Discuss the main method for measuring elasticity of demand.
Q.4    Critically discuss modern theory of rent?
Q.5    Briefly outline the law of diminishing marginal utility and law of equi-marginal utility.
Q.6    Discuss the main features of monopolistic competition with special reference to the concept
of selling costs?

Q.7    Discuss marginal productivity theory of factor pricing’.

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