Bachelor Of Mass Media (BMM) SEM I 2018 19 Nov 2018-19 INTRO. TO ECONOMICS Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 All questions are haye got the right question paper
2. Q2 Figures to the right indicate 3, Draw appropriate diagrams ul marks 'S and graphs wherever necessary, 1, Explain the following Concepts in brief ( Any Five ) : (15)
   • a) Supply
   • b) production Function
   • f) Budget
3. Q2 Balance of trade
   • h) Monopoly
4. Q2 a) Discuss the circular flow of Income 8 marks
   • b) Central Bank is the apex institution of the banking sector. Discuss. 2, What the salient of competition? Do you consider this as an ideal 3, a) Define demand. What are the factors determining demand. (08) 7
   • b) Discuss the various phases of trade cycle along with the suitable diagram. 3, Differentiate between Micro and Macro Economies in detail. (15) Whatare the primary function of commercial bank? (08) 7
   • b) What are the various challenges faced by the Indian economy? 4, State the merits & demerits of LPG model. (15) Write short notes (any (15) 7
   • a) Elasticity of demand
   • d) Utility
   • e) competition Introducation to Economics

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