B.A. LL.B. (Five Years) Sem 2 Economics I (old course) 2014 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Critically examine the wealth definition of Economics.
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2. Q2 Explain the nature and scope of Economics.
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3. Q3 What is demand ? State the law of demand with an illustration and diagram.
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4. Q4 What is Oligopoly ? Explain the types and features of oligopoly.
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5. Q5 What is discriminating monopoly ? Explain how price and output are determined under discriminating monopoly.
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6. Q6 What is National Income ? Explain the various concepts of National Income.
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7. Q7 What is macro economics ? Explain the scope and importance of macro economics.
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Write short notes on any 2 of the following :

1. Q8 (a) Price Elasticity of Demand.
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2. Q8 (b) Features of perfect competition.
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3. Q8 (c) Say's law of markets.
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Write short notes on any 2 of the following :

1. Q9 (a) Law of variable proportions
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2. Q9 (b) Production function
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3. Q9 (c) Keynesian theory of income and employment.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.