2018 Business Economics

Mahatma Gandhi Kashi Vidyapeeth
BCA(3rd semester)
BUSINESS ECONOMICS
2018

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- What is Business Economics? How is It helps in managerial decision?


Q2- Define Elasticity of demand and explain its various types.


Q3- Describe the role of demand and supply in price determination of any commodity.


Q4- What is perfect competition? Explain its features? Does this situation exist in modern business environment?


Q5- Explain the role of Marginal cost and Marginal Revenue as well as Average cost and Average Revenue for the ascertainment of equilibrium of a firm.


Q6- What is national income ? How is it measured?


Q7- How demonetization has affected the fiscal and monetary policy of the Indian Government since last year? Discuss.


Q8- What do you mean by Foreign Capital in India? Distinguish between FDI and FII.


Q9- What is dumping? Explain its main issues.


Q10- Write short notes on any two of the following :-

(a) Various phases of Trade cycle.
(b) Export-Import Policy 2004-2009.
(c) Groups of 20. (G-20)
(d) Oligopoly.

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