Commerce I
FYB Com Semester I
Business Economics- I
Question Bank
1. Discuss in detail scope of Business Economics.
2. State the difference between Macro and Micro Economics.
3. Explain demand and its determinants.
4. Discuss in detail the changes in market equilibrium – demand and supply.
5. Explain the Law of demand with its assumptions.
6. Discuss the nature of demand curve under different markets.
7. What are the five types of price elasticity of demand?
8. Explain in detail Cross and Income Elasticity of Demand.
9. What are the factors affecting Elasticity of Demand?
10. What are the steps of demand forecasting?
11. What are the various types of demand forecasting?
12. Explain in detail - Isoquants and the expansion path
13. Discuss in detail Law of variable proportions.
14. Discuss in detail Law of return to scale.
15. Explain in detail External economies and diseconomies of scale.
16. Discuss in detail Fixed proportion and variable proportion production function.
17. Discuss in detail the Concept of break even analysis.
18. What are the Limitations of break even analysis ?
19. Discuss in detail the Relationship between AC, AFC , AVC and MC
20. Short Notes –
a) Functions and variables
b) Significance of demand forecasting
c) Internal economies of scale
d) Importance of elasticity of demand
e) Learning curve
(Note – Student should Practice sums of AC, AVC and MC)
My Dear Students,
The questions given in the question bank are the most important questions. The students are advised not to fully rely on these questions. Students should also refer the other questions to get the maximum marks.
Best of Luck for your Exams.
Question Paper Pattern
Q.1 | Multiple Choice Question | ||
---|---|---|---|
Q.1 A) | Select the most appropriate option from the options given below (Any Ten out of Twelve) |
10 Marks | |
Q.1 B) | State whether the following options are True or False (Any Ten out of Twelve) |
10 Marks | |
Q.2 | Answer any Two out of the Three Questions a) Module – I ( 7. 5 Marks) b) Module - I ( 7. 5 Marks) c) Module – I ( 7. 5 Marks) |
15 Marks | |
Q.3 | Answer any Two out of the Three Questions a) Module – II ( 7. 5 Marks) b) Module - II ( 7. 5 Marks) c) Module – II ( 7. 5 Marks) |
15 Marks | |
Q.4 | Answer any Two out of the Three Questions a) Module – III ( 7. 5 Marks) b) Module - III ( 7. 5 Marks) c) Module – III ( 7. 5 Marks) |
15 Marks | |
Q.5 | Answer any Two out of the Three Questions a) Module – IV ( 7. 5 Marks) b) Module - IV ( 7. 5 Marks) c) Module – IV ( 7. 5 Marks) |
15 Marks | |
Q.6 | Write a Short Notes on - ( Any Four out of Six) a) Module – I or II or III or IV b) Module – I or II or III or IV c) Module – I or II or III or IV d) Module – I or II or III or IV e) Module – I or II or III or IV f) Module – I or II or III or IV |
20 Marks |