2015 Business Economics

Mahatma Gandhi Kashi Vidyapeeth
BCA(3rd semester)
BUSINESS ECONOMICS
2015

MM:75                                              Timing:3hrs

Attempt any five questions                       Each ques carry 15 marks.
Note : The answers to short questions                        should not exceed 200 words and the              answers to long questions should                    not exceed 500 words.

Q1- Fully explain the nature and subject matter of Economics.


Q2- Explain the concept of price elasticity of demand and examine the various methods of its measurement.


Q3- What are the different stages of Laws of Returns? Explain with the help of a diagram.


Q4- What is Perfect Competition? Describe the main features of perfect competition.


Q5- Define Oligopoly. Describe the main features of perfect competition.


Q6- What do you mean by trade cycle? Explain its various phases.


Q7- Define Monetary Policy. Explain various instruments of monetary policy.


Q8- Define Multinational Corporations. Describe the features and role of Multinational Corporation in India.


Q9- Explain the concept and features of Outsourcing.


Q10- Write short notes on any two of the following:.      7.5*2=15


(a) Objectives of dumping
(b) Causes of unemployment
(c) World Trade Organization
(d) Foreign Capital in India.

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