BA Marathi And English SEM I 2022 2023 Nov 2023 MICRO ECONOMICS Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 All the questions are compulsory
2. Q2 All questions carry equal marks Attempt any two questions out of three 20 What is microeconomics? Explain the importance of Microeconomics B Explain any two tools for economic analysis C Explain the concept of Positive economics and Normative economics
3. Q2 Attempt any two questions out of three How people respond to incentives explain with various examples B What can governments do to improve a situation of market failure? Give examples to illustrate your answer C Is there a trade off between Inflation and Unemployment? Discuss 20 marks
4. Q3 Attempt any two questions out of three A various determinants of demand B Shifts in Supply Curve C Discuss different degrees of price elasticity of demand 20 marks
5. Q4 Attempt any two questions out of three. Discuss the properties of indifference curves B Explain the Income effect C Explain the concept of Surplus 20 marks
6. Q5 Write a note on any two of the three. Scope of microeconomics 20 marks
7. Q2 ad sea
8. Q2 SAM
   • a) dad

Read from the scan above, so a character or two may differ. The scan is the original.