Seat No.

: _______________

FC-01
March-2007
Economics-I
(New Course)

Time : 3 Hours] [Max. Marks : 70

ÍÛæ˜Û¶ÛÛ : −ùÁéõõ ¸Ûóʶ۶ÛÛ •Ûä¨Û ÍÛÁõ”ÛÛ× ™öé.

1. ¸ÛóÛ. ÁõÛé¼Ûà¶ÍÛé …Û¸ÛéÅÛà …¬ÛÙÉÛÛͪ۶Ûà È¿ÛÛ”¿ÛÛ¶Ûà ¤øàõÛ©¾Ûõ ˜Û˜ÛÛÙ õÁõÛé.

…¬ÛÈÛÛ
¤æ×øõ¾ÛÛ× ÍÛ¾Û›÷ÛÈÛÛé. (•Û¾Ûé ©Ûé ¼Ûé)
(1) ¾ÛÛו۶Ûà ¾ÛæÅ¿Û ÍÛÛ¸Ûé“Û©ÛÛ …¶Ûé ¾ÛÐü©ÈÛ.
(2) ¾ÛÛו۶Ûà ¸ÛóÜ©Û ¾ÛæÅ¿Û ÍÛÛ¸Ûé“Û©ÛÛ¶ÛÛé ”¿ÛÛÅÛ.
(3) ¤æ×øõÛ•ÛÛÇÛ¶Ûà …¶Ûé ÅÛÛ×¼ÛÛ•ÛÛÇÛ¶Ûà ”Û˜ÛÙ Áéõ”ÛÛ…Ûé.

2. ÍÛ¾ÛŠ©¸ÛÛ−ù¶Û Áéõ”ÛÛ¶Ûà ¾Û−ù−ù¬Ûà †Ì¤ø©Û¾Û ÍÛÛμÛ¶Û ÍÛ׿ÛÛé›÷¶Û¶Ûä× ÜÈÛÊÅÛéÌÛ¨Û ÍÛ¾Û›÷ÛÈÛÛé.

…¬ÛÈÛÛ
¸Ûæ¨ÛÙ ÐüÜÁõºõÛˆÈÛÛÇÛ ¼Û›÷ÛÁõ¾ÛÛ× ¸Ûé§øà¶Ûà ¤æ×øõÛ•ÛÛÇÛ¶Ûà ©Û¬ÛÛ ÅÛÛ×¼ÛÛ•ÛÛÇÛ¶Ûà ÍÛ¾Û©ÛäÅÛÛ ÍÛ¾Û›÷ÛÈÛÛé.

3. ݐõ¾Û©Û ½Ûé−ù½ÛÛÈÛ …é¤øÅÛé ÉÛä× ? ݐõ¾Û©Û ½Ûé−ù½ÛÛÈÛ ¿ÛÛÁéõ Éۏ¿Û …¶Ûé ¶ÛºõېõÛÁõõ ¼Û¶Ûé ?
…¬ÛÈÛÛ
†›÷ÛÁõÛ¿Ûä©Û ÐüÜÁõºõÛˆ¶ÛÛ ÅÛ“Û¨ÛÛé ›÷¨ÛÛÈÛà †›÷ÛÁõÛ¿Ûä©Û ÐüÜÁõºõÛ†¾ÛÛ× ¸Ûé§øà¶Ûà ¤æ×øõÛ•ÛÛÇÛ¶Ûà ©Û¬ÛÛ
ÅÛÛ×¼ÛÛ•ÛÛÇÛ¶Ûà ÍÛ¾Û©ÛäÅÛÛ ÍÛ¾Û›÷ÛÈÛÛé.

4. ÈÛÐêü˜Û¨Ûà¶ÛÛé ÍÛà¾ÛÛ¶©Û Š©¸ÛÛ−ùõ©ÛÛ¶ÛÛé ÜÍÛ±ùÛ×©Û ©Ûé¶Ûà ¾Ûä”¿Û ¾Û¿ÛÛÙ−ùÛ…Ûé ÍÛÛ¬Ûé ÍÛ¾Û›÷ÛÈÛÛé.

…¬ÛÈÛÛ
½ÛÛ¦øÛ …וÛé¶ÛÛé ÁõàõÛ¦øÛë¶ÛÛé ÜÍÛ±ùÛ×©Û ¤øàõÛ©¾Ûõ Áõà©Ûé ÍÛ¾Û›÷ÛÈÛÛé. ©Ûé¶Ûà ¾Û¿ÛÛÙ−ùÛ…Ûé ÅÛ”ÛÛé.

5. ¤æ×øõ¾ÛÛ× ÍÛ¾Û›÷ÛÈÛÛé. (•Û¾Ûé ©Ûé ¼Ûé)

(1) È¿ÛÛ›÷ …וÛé ¸ÛóÜÉṲ̂ø ÜÍÛ±ùÛ×©Û …¶Ûé éõˆ¶ÍÛ¶ÛÛé ÜÍÛ±ùÛשÛ.
(2) ¶ÛºõÛ¶ÛÛé ¶ÛÈÛ¸ÛóÈÛ©ÛÙ¶Û¶ÛÛé ÜÍÛ±ùÛ×©Û ÍÛ¾Û›÷ÛÈÛÛé.
(3) ªÛæ¤øõ (”ÛÛטÛÈÛÛÇà) ¾ÛÛוÛÁéõ”ÛÛ.
(4) õ−ù ÜÈېõÛÍÛ¶ÛÛ ÅÛÛ½ÛÛé.

FC-01 1 P.T.O.
 Seat No. : _______________

FC-01
March-2007
Economics-I
(New Course)

Time : 3 Hours] [Max. Marks : 70

Instruction : All questions carry equal marks.

1. Discuss critically Prof. Robin’s Definition of Economics.

OR
Briefly explain. (any two)
(1) Demand elasticity and its importance.
(2) Concept of cross elasticity of demand.
(3) Short term and long term cost curves.

2. Explain the equilibrium point with the help of Iso-quants.

OR
Explain the equilibrium in short run and long run in the perfect competition.

3. What is price-discrimination ? When is price-discrimination possible and profitable ?

OR
Mention the characteristics of monopolistic competition and explain the equilibrium of a
firm in monopolistic competition in short and long run.

4. Discuss the marginal productivity theory of distribution with its limitations.

OR
Explain in detail the Recardian Theory of Rent with its limitations.

5. Write short-notes on (any two)

(1) Neo-classical and Keyensian Theory of Interest.
(2) Explain the Innovations Theory of Profits.
(3) Kinky demand curve.
(4) Economies of Scale.

FC-01 2
 Seat No. : _______________

FC-01
March-2007
Economics-I
(Old Course)

Time : 3 Hours] [Max. Marks : 70

ÍÛæ˜Û¶ÛÛ : −ùÁéõõ ¸Ûóʶ۶ÛÛ •Ûä¨Û ÍÛÁõ”ÛÛ× ™öé.

1. ¸ÛóÛ. ÁõÛé¼Ûà¶ÍÛé …Û¸ÛéÅÛà …¬ÛÙÉÛÛͪ۶Ûà È¿ÛÛ”¿ÛÛ¶Ûà ¤øàõÛ©¾Ûõ ˜Û˜ÛÛÙ õÁõÛé.

…¬ÛÈÛÛ
¤æ×øõ¾ÛÛ× ÍÛ¾Û›÷ÛÈÛÛé. (•Û¾Ûé ©Ûé ¼Ûé)
(1) ©ÛäṲ̈ø•Ûä¨Û.
(2) ¾ÛÛו۾ÛÛ× ÜÈÛÍ©ÛÁõ¨Û …¶Ûé ¾ÛÛו۶ÛÛé ÈÛμÛÛÁõÛé.
(3) ¸ÛäÁõÈÛ¥øÛ¶ÛÛé Ü¶Û¿Û¾Û ÈÛ¨ÛÙÈÛÛé.

2. ¾ÛÛו۶ÛÛé Ü¶Û¿Û¾Û …ېèõÜ©Û¶Ûà ¾Û−ù−ù¬Ûà ÍÛ¾Û›÷ÛÈÛÛé. ©Ûé¶ÛÛ ¾Ûä”¿Û …¸ÛÈÛÛ−ùÛé ÈÛ¨ÛÙÈÛÛé.

…¬ÛÈÛÛ
–Û¤ø©ÛÛ ÍÛà¾ÛÛ¶©Û ©Ûä.•Ûä.¶ÛÛé Ü¶Û¿Û¾Û ©Ûé¶ÛÛ …¸ÛÈÛÛ−ùÛé ÍÛÜÐü©Û ÍÛ¾Û›÷ÛÈÛÛé.

3. ©Û¤øÍ¬Û Áéõ”ÛÛ …é¤øÅÛé ÉÛä× ? ©Û¤øÍ¬Û Áéõ”ÛÛ¶ÛÛ ÅÛ“Û¨ÛÛé¶Ûà ˜Û˜ÛÛÙ õÁõÛé.

…¬ÛÈÛÛ
¤æ×øõ¾ÛÛ× ÍÛ¾Û›÷ÛÈÛÛé. (•Û¾Ûé ©Ûé ¼Ûé)
(1) ÜͬÛÁõ ”Û˜ÛÙ …¶Ûé …ÜͬÛÁõ ”Û˜ÛÙ¶ÛÛ ”¿ÛÛÅÛÛé.
(2) ¾ÛÛו۶Ûà ¾ÛæÅ¿Û ÍÛÛ¸Ûé“Û©ÛÛ¶Ûé …ÍÛÁõ õÁõ©ÛÛ× ¸ÛÜÁõ¼ÛÇÛé.
(3) ¸Ûæ¨ÛÙ ÐüÜÁõºõÛˆ¶ÛÛ ÅÛ“Û¨ÛÛé.

4. ˆ›÷ÛÁõÛ¿Ûä©Û ÐüÜÁõºõÛˆ¶ÛÛ ÅÛ“Û¨ÛÛé ›÷¨ÛÛÈÛà ˆ›÷ÛÁõÛ¿Ûä©Û ÐüÜÁõºõÛˆ¾ÛÛ× ¸Ûé§øà¶Ûà ÍÛ¾Û©ÛäÅÛÛ ÍÛ¾Û›÷ÛÈÛÛé.

…¬ÛÈÛÛ
ÈÛÐêü˜Û¨Ûà¶ÛÛé ÍÛà¾ÛÛ¶©Û Š©¸ÛÛ−ùõ©ÛÛ¶ÛÛé ÜÍÛ±ùÛ×©Û ©Ûé¶Ûà ¾Ûä”¿Û ¾Û¿ÛÛÙ−ùÛ…Ûé ÍÛÛ¬Ûé ÍÛ¾Û›÷ÛÈÛÛé.

5. ¤æ×øõ¶ÛÛêμÛ ÅÛ”ÛÛé. (•Û¾Ûé ©Ûé ¼Ûé)

(1) ½ÛÛ¦øÛ¶ÛÛé ÁõàõÛ¦øÛë¶ÛÛé ÜÍÛ±ùÛשÛ.
(2) ÅÛ–Ûä«Û¾Û ÈÛé©Û¶Û¶Ûà …ÛܬÛِõ …ÍÛÁõÛé.
(3) ¶ÛºõÛ¶ÛÛé ¶ÛÈÛ ¸ÛóÈÛ©ÛÙ¶Û¶ÛÛé ÜÍÛ±ùÛשÛ.
(4) •ÛóÛÐüõ¶ÛÛé …Üμېõ ÍÛשÛÛéÌÛ.
FC-01 3 P.T.O.
 Seat No. : _______________

FC-01
March-2007
Economics-I
(Old Course)

Time : 3 Hours] [Max. Marks : 70

Instruction : All questions carry equal marks.

1. Discuss critically Prof. Robin’s definition of Economics.

OR
Briefly explain (any two) :
(1) Utility
(2) Expansion of demand and Increase in demand.
(3) Describe the Law of Supply.

2. Explain the Law of Demand with the help of a diagram and also discuss its main
exceptions.
OR
Explain the Law of Diminishing Marginal Utility with its exceptions.

3. What is Indifference Curve ? Discuss the characteristics of Indifference Curve.

OR
Briefly explain (any two) :
(i) Concept of Fixed Cost and Variable Cost.
(ii) Explain the factors affecting price elasticity of demand.
(iii) The characteristics of Perfect Competition.

4. Mention the characteristics of monopolistic competition and explain the equilibrium of a

firm in monopolistic competition.
OR
Discuss the Marginal Productivity Theory of Distribution with its limitations.

5. Write short notes on (any two) :

(1) Recardian Theory of Rent.
(2) Economic effects of the minimum wage.
(3) Explain the Innovations Theory of Profit.
(4) Explain the concept of consumer’s surplus.
FC-01 4
FC-01 5 P.T.O.