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II Semester Five Years B.A.LL.B. Examination, December 2012


ECONOMICS – I

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 questions.


2. One essay type and one short note question or problem
from each Unit have to be attempted, which is referred as
Part (a) and Part (b) in all the Units.
3. Figures to the right indicate marks.
4. Answers should be written either in English or Kannada
completely.

UNIT – I

Q. No. 1. (a) Discuss the Wealth Definition. Marks : 15


ÓÜí±Ü£¤®Ü ÊÝÂTæ¿á®Üá° aÜbìÔ.
OR/A¥ÜÊÝ

Explain the basic problems of Economics.

A¥ÜìÍÝÓÜ÷¨Ü ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔÄ.


(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Discuss the Scarcity Definition.

PæãÃÜñæ ԨݜíñÜÊÜ®Üá° aÜbìÔ.


OR/A¥ÜÊÝ

Explain nature and scope of Economics.

A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤ ÊÜáñÜᤠÓÜÌÃÜã±ÜÊÜ®Üá° ËÊÜÄÔ.

P.T.O.
0224 -2- *0224*
UNIT – II

Q. No. 2. (a) What is supply ? State the law of supply with an illustration
and diagram. Marks : 15
±Ü ä Ãæ ç Pæ Gí¨Ü à æ à ®Ü á ? ±Ü ä Ãæ ç Pæ ¯¿áÊÜ á ÊÜ ® Ü á ° ËÍæ É à ÐÜ O æ ÖÝWÜ ã
ÃæàTÝbñÜŨæãí©Wæ £ÚÔ.
OR/A¥ÜÊÝ

What is Demand ? State the law of Demand with an illustration


and diagram.
¸æ à wPæ Gí¨Ü à æ à ®Ü á ? ¸æ à wPæ ¯¿áÊÜ á ÊÜ ® Ü á ° ËÍæ É à ÐÜ O æ ÖÝWÜ ã
ÃæàTÝbñÜŨæãí©Wæ £ÚÔ.
(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain Elasticity of Demand.

¸æàwPæ Ô§£Óݧ±ÜPÜñÜÌÊÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

Indifference curve.

L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ.

UNIT – III

Q. No. 3. (a) What is cost ? Explain various concepts of cost. Marks : 15

ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° £ÚÔ.


OR/A¥ÜÊÝ

Explain law of Returns and state the 3 types of law of Returns.

±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ ÖÝWÜã ±ÜÅ£´ÜÆ ¯¿áÊÜá¨Ü 3 Äࣿá


Ë«ÜWÜÙÜ®Üá° £ÚÔ.
*0224* -3- 0224

(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Cobb-Douglas Production Function.

Pݸ…&vÜWÝÉӅ®Ü Eñݳ¨Ü®Ý ¹íŸPÜ.


OR/A¥ÜÊÝ

Law of variable proportions.

ÊÜÂñÝÂÓÝñܾPÜ ±ÜÅÊÜÞ|WÜÙÜ ¯¿áÊÜá.

UNIT – IV

Q. No. 4. (a) What is Monopolistic Competition ? Under Monopolistic


Competition how Price and Output are determined in it. Marks : 15
ÓÝÌÊÜá¿ááñÜ ±æç±æäàq Gí¨ÜÃæà®Üá ? ÓÝÌÊÜá¿ááñÜ ±æç±æäàq¿áÈÉ ¸æÇæ
ÊÜáñÜᤠEñܳ®Ü° ¯«ÝìÃÜÊÜ®Üá° £ÚÔ.
OR/A¥ÜÊÝ

What is Oligopoly ? Explain types and features of Oligopoly.

PæÆg®Ü ÓÝÌÊÜá Gí¨ÜÃàæ ®Üá ? PæÆg®ÜÓÝÌÊÜáÂ¨Ü Ë«ÜWÙÜ áÜ ÖÝWÜã ÆPÜÒ|WÜÙ®Ü áÜ °


ËÊÜÄÔ.
(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
State the short run equilibrium of firm and industry.

E¨ÜÂÊÜá ÊÜáñÜᤠPæçWÝÄPæ¿á AƳPÝÈà®Ü ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° £ÚÔ.


OR/A¥ÜÊÝ

Explain Price Determination under perfect competition.

±ÜıÜä|ì ±æç±æäàq¿áÈÉ ¸æÇæ ¯«ÝìÃÜÊÜ®Üá° £ÚÔ.


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UNIT – V

Q. No. 5. (a) Critically explain the Keynesian theory. Marks : 15


Pæà®…Õ®Ü Ô¨ÝœíñÜÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ËÊÜÄÔ.
OR/A¥ÜÊÝ

What is macro economics ? State the importance of macro


economics in economy.
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? B¦ìPÜñæ¿áÈÉ ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü
ÊÜáÖÜñÜÌ/±ÝÅÊÜááSÂñæ¿á®Üá° £ÚÔÄ.
(b) Write a short note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
What is National Income ? Explain concept of National
Income.
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü
±ÜÄPÜƳ®æWÜÙÜ®Üá° £ÚÔ.
OR/A¥ÜÊÝ

Explain method/measurement of National Income.


ÃÝÑóà¿á B¨Ý¿á¨Ü ÊÜÞ±Ü®Ü Ë«Ý®ÜWÜÙÜ®Üá° £ÚÔ.
________________
*0224* 0224
Second Semester 5 Year B.A. LL.B. Examination, December 2014
ECONOMICS – I
Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q.No. 9 and any five of the remaining questions.


2. Question No. 9 carries 20 marks and the remaining
questions carry 16 marks each.
3. Answers should be written either in English or Kannada
completely.

Q. No. 1. Critically examine the wealth definition of Economics. Marks : 16


A¥ÜìÍÝÓÜ÷¨Ü ÓÜí±Ü£¤®Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔ.
Q. No. 2. Explain the nature and scope of Economics. Marks : 16
A¥ÜìÍÝÓÜ÷¨Ü ËÐÜ¿áÊÜÓÜᤠÊÜáñÜᤠÊݲ¤¿á®Üá° ËÊÜÄÔ.

Q. No. 3. What is demand ? State the law of demand with an illustration


and diagram. Marks : 16
¸æàwPæ Gí¨ÜÃæà®Üá ? ¸æàwPæ ¯¿áÊÜáÊÜ®Üá° ËÍæÉàÐÜOæ ÖÝWÜã ÃæàTÝ
bñÜŨæãí©Wæ ËÊÜÄÔ.
Q. No. 4. What is Oligopoly ? Explain the types and features of oligopoly. Marks : 16
PæÆg®Ü ÓÝÌÊÜá Gí¨ÜÃàæ ®Üá ? PæÆg®Ü ÓÝÌÊÜáÂ¨Ü Ë«ÜWÙÜ áÜ ÖÝWÜã ÆPÜÒ|WÜÙ®Ü áÜ °
ËÊÜÄÔ.
Q. No. 5. What is discriminating monopoly ? Explain how price and output are
determined under discriminating monopoly. Marks : 16
¸æÇæ ñÝÃÜñÜÊÜá HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? C¨ÜÃÜÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®Ü°WÜÙÜá
ÖæàWæ ¯«ÜìÄÓÜƳvÜáñܤÊæ GíŸá¨Ü®Üá° ËÊÜÄÔ.
Q. No. 6. What is National Income ? Explain the various concepts of
National Income. Marks : 16
ÃÝÑóà¿á B¨Ý¿á Gí¨Ü à æ à ®Ü á ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü
±ÜÄPÜƳ®æWÜÙÜ®Üá° ËÊÜÄÔ.
P.T.O.
0224 *0224*
Q. No. 7. What is macro economics ? Explain the scope and importance
of macro economics. Marks : 16
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜá¤
Êݲ¤¿á®Üá° ËÊÜÄÔ.

Q. No. 8. Write short notes on any 2 of the following : Marks : 8×2=16


¿ÞÊÜâ¨æà GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü³~ ŸÃæÀáÄ.
(a) Price Elasticity of Demand.
¸æàwPæ¿á ¸æÇæ Ô§£Óݧ±ÜPÜñæ.
(b) Features of perfect competition.
±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá.
(c) Say’s law of markets.
ÓæàÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá.
Q. No. 9. Write short notes on any 2 of the following : Marks : 10×2=20
¿ÞÊÜâ¨æà GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü³~ ŸÃæÀáÄ.
(a) Law of variable proportions
ÊÜÂñÝÂÓÝñܾPÜ ±ÜÅÊÜÞ| ¯¿áÊÜá
(b) Production function
Eñݳ¨Ü®Ý ¹íŸPÜ
(c) Keynesian theory of income and employment.
PæஅÕÃÜÊÜÃÜ B¨Ý¿á ÊÜáñÜᤠE¨æãÂàWÜ Ô¨ÝœíñÜ.
________________
*0224* 0224
Second Semester of 5 Year B.A. LL.B. (Old Course)
Examination, December 2016
ECONOMICS – I

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any five of the remaining questions.


2. Q. No. 9 carries 20 marks and the remaining questions
carry 16 marks each.
3. Answers should be written either in English or Kannada
completely.

Q. No. 1. Critically examine Marshall’s definition of economics. Marks : 16


ÊÜÞÐÜìDž AÊÜÃÜ A¥ÜìÍÝÓÜ÷¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ.
Q. No. 2. Examine the equilibrium of the consumer with the help of
indifference curve analysis. Marks : 16
E±æàQÒñÜ ÃæàTÝ ËÍæÉàÐÜOæ¿á ÊÜáãÆPÜ A®Üá»æãàX¿áá ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá°
ÖæàWæ ±Üvæ¿ááñݤ®æíŸá¨Ü®Üá° ±ÜÄàQÒÔ.
Q. No. 3. Critically examine the law of equi-marginal utility. Marks : 16
ÓÜÊÜá&Aíb®Ü ñÜáÑrWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔ.
Q. No. 4. Define Monopoly. How price is determined in the short run and
long run under monopoly ? Marks : 16
HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÊÝÂTݯÔ. C¨ÜÃÜÈÉ AÇݳÊܗ ÊÜáñÜá¤
©à[ÝìÊܗ ¸æÇæWÜÙÜá ÖæàWæ ¯«ÜìÄÓÜƳvÜáñܤÊæ ?
Q. No. 5. What is price discrimination ? When it is possible and profitable ? Marks : 16
¸æÇæ ñÝÃÜñÜÊÜáÂñæ Gí¨ÜÃæà®Üá ? C¨Üá ¿ÞÊÝWÜ ÓÝ«Ü ÊÜáñÜᤠ¿ÞÊÝWÜ
ÇݻܨݿáPÜ ?
Q. No. 6. What is National Income ? Explain the various concepts of
national income. Marks : 16
ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü¨Ü ËË«Ü
±ÜÄPÜƳ®æWÜÙÜá ¿ÞÊÜâÊÜâ ?
P.T.O.
0224 *0224*
Q. No. 7. What is macro economics ? Explain the scope and importance
of macro economics. Marks : 16
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜá¤
ÊÜáÖÜñÜÌÊÜ®Üá° ËÊÜÄÔÄ.
Q. No. 8. Write short notes on any two of the following : Marks : 2×8=16
a) Elasticity of demand.
b) Features of perfect competition.
c) Nature of revenue curves.
¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü³~ ŸÃæÀáÄ :
G) ¸æàwPæ¿á Ô§£Óݧ±ÜPÜñæ.
¹) ±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá.
Ô) B¨Ý¿á ÃæàTæ¿á ÓÜÌ»ÝÊÜ.
Q. No. 9. Explain any two of the following : Marks : 2×10=20
a) Wealth definition.
b) Monopolistic competition.
c) Keynesian theory of income and employment.
¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜ®Üá° PÜáÄñÜá ËÊÜÃÜOæ ŸÃæÀáÄ :
G) ÓÜí±Ü£¤®Ü ÊÝÂTÝ®Ü.
¹) ÓÝÌÊÜá¿ááñÜ ±æç±æäàq.
Ô) PæஅÕÃÜÊÜÃÜ B¨Ý¿á ÊÜáñÜᤠE¨æãÂàWÜ Ô¨ÝœíñÜ.

________________
*0224* 0224
Second Semester 5 Yr. B.A.LL.B. Examination, December 2017
(Old Course)
ECONOMICS – I
Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any five of the remaining questions.


2. Q. No. 9 carries 20 marks and the remaining questions
carry 16 marks each.
3. Answers should be written either in English or Kannada
completely.

Q. No. 1. Critically examine the welfare definition of Economics. Marks : 16


A¥ÜìÍÝÓÜ÷¨Ü ÁãàWÜPæÒàÊÜá¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ.

Q. No. 2. Explain the basic economic problems common to all economies. Marks : 16
GÇÝÉ B¦ìPÜ ÊÜÂÊÜÓæ§WÜÚWæ ÓÝÊÜÞ®ÜÂÊÝXÃÜáÊÜ ÊÜáãÆ»ÜãñÜ B¦ìPÜ ÓÜÊÜáÓæÂWÜÙÜ®Üá°
ËÊÜÄÔÄ.

Q. No. 3. Explain the law of Diminishing Marginal Utility. Marks : 16


CÚÊÜááS Aíb®Ü ñÜáÑrWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ.

Q. No. 4. What is cost ? Explain the various concepts of cost. Marks : 16


ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° ËÊÜÄÔÄ.
Q. No. 5. Define Monopoly market. How price and output are determined
in Monopoly market ? Marks : 16
HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÊÝÂTݯÔÄ. HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ
ÊÜáñÜᤠEñܳ®Ü° ÖæàWæ ¯«ÜìÄñÜÊÝWÜáñܤ¨æ ?
Q. No. 6. Explain the price and output determination under monopolistic
competition. Marks : 16
ÓÝÌÊÜá¿ááñÜ ±æç±æäàq ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®Ü° ÖæàWæ
¯«ÜìÄÓÜƳvÜáñܤ¨æ GíŸá¨Ü®Üá° ËÊÜÄÔÄ.

Q. No. 7. Explain the problems in the estimation of national income. Marks : 16


ÃÝÑóà¿á B¨Ý¿áÊÜ®Üá° Aí¨Ýgá ÊÜÞvÜáÊÜÈÉ®Ü ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔÄ.
P.T.O.
0224 *0224*
Q. No. 8. Write short notes on any two of the following : Marks : 8×2=16
PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü³~ ŸÃæÀáÄ :
a) Indifference curves.
L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ.
b) Production possibility curve.
Eñݳ¨Ü®Ý ÓÝ«ÜÂñÝ ÊÜPÜÅÃæàTæ.
c) Law of supply.
±ÜäÃæçPæ¿á ¯¿áÊÜá.
Q. No. 9. Write short notes on any two of the following : Marks : 10×2=20
PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü³~ ŸÃæÀáÄ :
a) Concepts of National Income.
ÃÝÑóà¿á B¨Ý¿á¨Ü ±ÜÄPÜƳ®æWÜÙÜá.
b) Macro economics.
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷™.
c) ‘Says’ law of markets.
"Óæà' ÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá.
________________
*0224* 0224
Second Semester of Five Year B.A.,LL.B. Examination, January 2011
ECONOMICS – I
(Course – IV)
Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 Questions.


2. One essay type and one short note question or problem
from each unit have to be attempted, which is referred as
part (a) and (b) in all the units.
3. Figures to the right indicate marks.
4. Answers should be written either in English or Kannada
completely.
ÓÜãaÜ®æWÜÙÜá : 1) GÇÝÉ I¨Üá ±ÜÅÍæ°WÜÚWæ EñܤÄÔÄ.
2) ±ÜÅ£à ±ÜÅÍæ°¿áÈÉ®Ü Jí¨Üá ©àZì ÊÜáñÜᤠJí¨Üá ÆZá ±ÜÅÍæ°WÜÚWæ EñܤÄÓܸæàPÜá,
C¨ÜPæR 15 ÊÜáñÜᤠ5 AíPÜWÜÚÃÜáñܤ¨æ.
3) EñܤÃÜÊÜ®Üá° CíXÉààЅ A¥ÜÊÝ PܮܰvܨÜÈÉÁáà ŸÃæ¿á¸æàPÜá.

UNIT – I

Q. No. 1. (a) Critically examine the welfare definition of Economics.


A¥ÜìÍÝÓÜ÷¨Ü ÁãàWÜPæÒàÊÜá¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ.
OR/A¥ÜÊÝ
Explain the subject matter of Economics.
A¥ÜìÍÝÓÜ÷¨Ü ÊÜÓÜᤠËÐÜ¿áÊÜ®Üá° ËÊÜÄÔÄ. Marks : 15
(b) Write a short note on :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Production possibilities curve.
Eñݳ¨Ü®Ý ÓÝ«ÜÂñæ¿á ÃæàTæ.
OR/A¥ÜÊÝ
Opportunity cost.
ÓܨÜÊÜPÝÍÜ ÊæaÜc . Marks : 5

P.T.O.
0224 -2- *0224*
UNIT – II

Q. No. 2. (a) Explain price elasticity, income elasticity and cross elasticity
of demand.
¸æÇæ¿á Ô§£Óݧ±ÜPÜñÜÌ, B¨Ý¿á Ô§£Óݧ±ÜPÜñÜÌ ÊÜáñÜᤠdæà¨ÜPÜ Ô§£Óݧ±ÜPÜñÜÌWÜÙÜ®Üá°
ËÊÜÄÔÄ.
OR/A¥ÜÊÝ
Explain the law of demand with the help of a schedule and
curves. What are its exceptions ?
¸æàwPæ¿á ¯¿áÊÜáÊÜ®Üá° A®ÜáÓÜãb ÊÜáñÜᤠÃæàTæÁãí©Wæ ËÊÜÄÔÄ. D
¯¿áÊÜá¨Ü A±ÜÊݨÜWÜÙÜá ¿ÞÊÜâÊÜâ ? Marks : 15
(b) Write short note on :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Price effect and income effect.
¸æÇæ ±ÜÅ»ÝÊÜ ÊÜáñÜᤠB¨Ý¿á ±ÜÅ»ÝÊÜ.
OR/A¥ÜÊÝ
Equimarginal utility.
ÓÜÊÜá Aíb®Ü ñÜáÑrWÜá|. Marks : 5

UNIT – III

Q. No. 3. (a) What is cost of production ? Explain short run and long run
cost curves.
Eñݳ¨Ü®Ý ÊæaÜc Gí¨ÜÃæà®Üá ? AÇݳÊܗ ÊÜáñÜᤠ©à[ÝìÊܗ ÊæaÜc¨Ü ÃæàTæWÜÙÜ®Üá°
ËÊÜÄÔÄ.
OR/A¥ÜÊÝ
Explain the law of diminishing returns.
CÚPæ¿á ÔàÊÜÞíñÜ ±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ. Marks : 15
*0224* -3- 0224
(b) Write short note on :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Revenue curves.
B¨Ý¿á ÃæàTæWÜÙÜá.
OR/A¥ÜÊÝ
Production function.
Eñݳ¨Ü®Ý PÝ¿áì. Marks : 5

UNIT – IV

Q. No. 4. (a) What is monopoly ? How are price and output determined in a
monopoly market ?
HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? ¸æÇæ ÊÜáñÜᤠEñݳ¨Ü®æWÜÙÜá HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ
ÖæàWæ ¯«ÜìÄÓÜÇÝWÜáñܤ¨æ.
OR/A¥ÜÊÝ
Explain the various features of monopolistic market. In the short
run and long run, how are price and output determined in a
monopolistic market ?
ÓÝÌÊÜá¿ááñÜ ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ. AÇݳÊܗ ÊÜáñÜᤠ©à[ÝìÊܗ
ÓÜÊÜá¿á¨ÜÈÉ , ¸æÇæ ÊÜáñÜᤠEñݳ¨Ü®æWÜÙÜá ÖæàWæ ¯«ÜìÄÓÜÇÝWÜáñܤ¨æ ? Marks : 15
(b) Write short note on :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Oligopoly.
PæÆg®Ü ÓÝÌÊÜáÂ.
OR/A¥ÜÊÝ
Features of perfect competition.
±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá. Marks : 5
0224 -4- *0224*
UNIT – V

Q. No. 5. (a) What is national income ? Explain the various concepts of


national income.
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜƳ®æ¿á®Üá°
ËÊÜÄÔÄ.
OR/A¥ÜÊÝ
Explain Keyne’s law of consumption. What are the factors
influencing the function of consumption ?
QஅÕÃÜ A®Üá»æãàWÜ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ. C¨ÜÃÜ ÊæáàÇæ ±ÜÅ»ÝÊÜ ¹àÃÜáÊÜ
AíÍÜWÜÙÜá ¿ÞÊÜâÊÜâ ? Marks : 15
(b) Write short note on :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Difficulties in estimating national income.
ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü ÊÜޱܮÜPæR G¨ÜáÃÝWÜáÊÜ ñæãí¨ÜÃæWÜÙÜá.
OR/A¥ÜÊÝ
Effective demand.
±ÜÄOÝÊÜáPÝÄ ¸æàwPæ. Marks : 5
________________
*0224* 0224
Second Semester 5 Year B.A. LL.B. Examination, January 2012
ECONOMICS – I

Time : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 questions.

2. One essay type and one short note questions or problem


from each unit have to be attempted, which is referred as
Part (a) Part (b) in all the Units.

3. Figures to the right indicate marks.

4. Answers should be written either in English or Kannada


completely.

UNIT – 1

Q.No. 1. (a) What is Economics ? Explain classical theory of Economics. Marks : 15

A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜí±ÜÅ¨Ý¿á ±Üí¥Ü¨Ü ԨݜíñÜÊÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

Discuss the Welfare definition with criticisms.

ÁãàWÜPæÒàÊÜá ÊÝÂTÝ®ÜÊÜ®Üá° qàPæÁãí©Wæ aÜbìÔ.


(b) Write short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain opportunity cost theory.

AÊÜPÝÍÜ ÊæaÜc ԨݜíñÜÊÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

State the central problems of an economy.

A¥ÜìÍÝÓÜ÷¨Ü ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜ®Üá° £ÚÔÄ.


P.T.O.
0224 -2- *0224*

UNIT – 2

Q.No. 2. (a) Discuss the indifference curve analysis in economy. Marks : 15

B¦ìPÜñæ¿áÈÉ L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ¿á ŸWæY aÜbìÔ.


OR/A¥ÜÊÝ

Explain law of Diminishing Marginal Utility.

CÚÊÜááS ÔàÊÜÞíñÜ ñÜáÑuWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.

(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :

Explain Determinants of Demand.

¸æàwPæ¿á ¯«ÝìÃÜPÝíÍÜWÜÙÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

Explain consumer’s equilibrium.

A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° ËÊÜÄÔ.

UNIT – 3

Q.No. 3. (a) What is production ? Explain the One Factor Variable Proportions
theory. Marks : 15

Eñݳ¨Ü®æ Gí¨ÜÃæà®Üá ? Jí¨Üá Eñݳ¨Ü®ÝíWÜ¨Ü Ÿ¨ÜÇÝÊÜOæ ±ÜÅÊÜÞ|¨Ü


ԨݜíñÜÊÜ®Üá° £ÚÔ.
OR/A¥ÜÊÝ

What is Law of Returns ? State the Law of Diminishing


Returns Theory.

±ÜÅ£´ÜÆ ¯¿áÊÜá Gí¨ÜÃæà®Üá ? CÚÊÜááS ±ÜÅ£´ÜÆ ¯¿áÊÜá ԨݜíñÜÊÜ®Üá° £ÚÔÄ.


*0224* -3- 0224

(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain Iso-quant or Iso-product curve with features.

ÓÜÊÜá Eñܳ®Ü° ÃæàTæWÜÙÜ®Üá° ÆPÜÒ|WÜÙæãí©Wæ ËÊÜÄÔ.


OR/A¥ÜÊÝ

State the production function with importance.

Eñݳ¨Ü®Ý ¹íŸPÜÊÜ®Üá° A¨ÜÃÜ ±ÝÅÊÜááSÂñæÁãí©Wæ £ÚÔÄ.


UNIT – 4

Q.No. 4. (a) State the equilibrium of the firm and industry in short run. Marks : 15

AÇݳÊܗ¿áÈÉ E¨ÜÂÊÜá ÊÜáñÜᤠPæçWÝÄPæ¿á ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° £ÚÔ.


OR/A¥ÜÊÝ

What is Market ? Explain types of market and perfect competitive


market features.

ÊÜÞÃÜáPÜpær Gí¨ÜÃæà®Üá ? ÊÜÞÃÜáPÜpær¿á Ë«ÜWÜÙÜá ÊÜáñÜᤠ±ÜıÜä|ì ±æç±æäàq


ÊÜÞÃÜáPÜpær ÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ.
(b) Write a note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Discuss Monopoly Market.

HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° aÜbìÔ.


OR/A¥ÜÊÝ

State the price and output determination under monopolistic


competition.

ÓÝÌÊÜá¿ááñÜ ±æç±æäàq¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®Ü°¨Ü ¯«ÝìÃÜÊÜ®Üá° £ÚÔÄ.


0224 -4- *0224*
UNIT – 5

Q.No. 5. (a) What is National Income ? Explain different concepts of N.I. Marks : 15

ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá°


£ÚÔ.
OR/A¥ÜÊÝ

Explain various measurement of N.I.

ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ÊÜÞ±Ü®Ü Ë«Ý®ÜWÜÙÜ®Üá° £ÚÔ.


(b) Write a short note on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
What is Macro Economics ? Explain scope of Macro Economics.

ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤¿á®Üá° ËÊÜÄÔ.

OR/A¥ÜÊÝ

Keynesian theory.

Pæà®…Õ®Ü Ô¨ÝœíñÜ .

—————————
*0224* 0224
Second Semester Five Years B.A., LL.B. Examination, June 2011
ECONOMICS – I (Course – IV)
Duration : 3 Hours Max. Marks : 100
Instructions : 1. Answer all 5 questions.
2. One essay type and one short note question or problem
from each Unit have to be attempted, which is referred as
Part (a) and Part (b) in all the Units.
3. Figures to the right indicate marks.
4. Answers should be written either in English or Kannada
Completely.
UNIT – 1
Q. No. 1. (a) Discuss the scarcity definition of economics. Marks : 15
A¥ÜìÍÝÓÜ÷¨Ü PæãÃÜñæ ԨݜíñÜÊÜ®Üá° aÜbìÔ.
OR/ A¥ÜÊÝ
Explain the central problems of an economy.
A¥ÜìÍÝÓÜ÷¨Ü ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔ.
(b) Write a short note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Nature and scope of economics.
A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤ ÊÜáñÜᤠÓÜÌÃÜã±ÜÊÜ®Üá° ËÊÜÄÔ.
OR/ A¥ÜÊÝ
Production possibility curve.
Eñݳ¨Ü®Ý ÓÝ«ÜÂñÝ ÃæàTæ¿á®Üá° ËÊÜÄÔ.
UNIT – 2
Q. No. 2. (a) What is demand ? Explain determinants of demand. Marks : 15
¸æàwPæ Gí¨ÜÃæà®Üá ? ¸æàwPæ¿á ¯«ÝìÃÜPÝíÍÜWÜÙÜ®Üá° ËÊÜÄÔ.
OR/ A¥ÜÊÝ
State the law of supply with an illustration and diagram.
±ÜäÃæçPæ¿á ¯¿áÊÜáÊÜ®Üá° ËÍæÉàÐÜOæ ÖÝWÜã ÃæàTÝbñÜŨæãí©Wæ £ÚÔÄ.

P.T.O.
0224 -2- *0224*
(b) Write a note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Explain consumer’s equilibrium.
A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° ËÊÜÄÔ.
OR/ A¥ÜÊÝ
Discuss indifference curve analysis.
L¨ÝÔà®Ü ÊÜPÜÅ ÃæàTæ¿á®Üá° aÜbìÔ.
UNIT – 3
Q. No. 3. (a) What is production function and explain importance of
production function. Marks : 15
Eñݳ¨Ü®Ý ¹íŸPÜ Gí¨ÜÃæà®Üá ? Eñݳ¨Ü®Ý ¹íŸPÜ¨Ü ±ÝÅÊÜááSÂñæ ËÊÜÄÔ.
OR/ A¥ÜÊÝ
Explain the law of variable proportions.
ÊÜÂñÝÂÓÝñܾPÜ ±ÜÅÊÜÞ| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.
(b) Write a note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Define the law of increasing returns.
HÄPæ¿á ±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá ° £ÚÔ.
OR/ A¥ÜÊÝ
What is cost ? Explain various concepts of cost.
ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° £ÚÔ.
UNIT – 4
Q. No. 4. (a) What is market ? Under perfect competition how price and
output are determined in it ? Marks : 15
ÊÜÞÃÜáPÜpær Gí¨ÜÃæà®Üá ? ±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®Ü°
¯«ÝìÃÜÊÜ®Üá° £ÚÔ.
OR/ A¥ÜÊÝ
What is monopoly ? Explain different features of monopoly.
HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? HPÜÓÝÌÊÜá嬆 ±ÜÅÊÜááS ÆPÜÒ|WÜÙÜ®Üá° £ÚÔ.
*0224* -3- 0224
(b) Write a note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
What is oligopoly and define types of oligopoly ?
PæÆg®ÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? PæÆg®Ü ÓÝÌÊÜá嬆 ±ÜÅPÝÃÜWÜÙÜ®Üá° ËÊÜÄÔ.
OR/ A¥ÜÊÝ
Briefly explain monopolistic competition.
ÓÝÌÊÜá¿ááñÜ ±æç±æäàq¿á®Üá° ÓÜíQұܤÊÝX ËÊÜÄÔ.
UNIT – 5
Q. No. 5. (a) What is National Income ? Explain measurement of National
Income. Marks : 15
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ÊÜÞ±Ü®Ü Ë«Ý®ÜWÜÙÜ®Üá°
£ÚÔ.
OR/ A¥ÜÊÝ
What is Macro Economics ? Define scope and importance of
Macro Economics.
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÖÝWÜã
Êݲ¤¿á®Üá° £ÚÔ.
(b) Write a note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Explain concepts of National Income.
ÃÝÑóà¿á B¨Ý¿á¨Ü ±ÜÄPÜƳ®æ¿á®Üá° ËÊÜÄÔ.
OR/ A¥ÜÊÝ
Critically examine the Keynesian theory.
Pæà®…Õ®Ü Ô¨ÝœíñÜÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ËÊÜÄÔ.
________________
*0224* 0224
Second Semester of Five Year’s B.A. LL.B. Examination, June 2013
ECONOMICS – I
Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 questions.


2. One essay type and one short note question or
problem from each Unit have to be attempted.
3. Figures to the right indicate marks.
4. Answers should be written with necessary diagrams
either in English or Kannada Completely.
UNIT – I
Q. No. 1. (a) Discuss the nature and scope of Economics as a social
science. Marks : 15
Jí¨Üá ÓÝÊÜÞiPÜ ËhÝn®ÜÊÝX A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜᤠÊݲ¤¿á®Üá°
aÜbìÔ.
OR/A¥ÜÊÝ
Critically examine the welfare definition of Economics.
A¥ÜìÍÝÓÜ÷¨Ü ÁãàWÜPæÒàÊÜá¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄÎàÈÔ.
(b) Write a short note on : Marks : 5
ÆZá q±Ü³~ ŸÃæÀáÄ :
Production possibility curve.
Eñݳ¨Ü®Ý ÓÝ«ÜÂñæ¿á ÃæàTæ.
OR/A¥ÜÊÝ
State the central problem of an economy.
B¦ìPÜ ÊÜÂÊÜÓ槿á ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜ®Üá° £ÚÔ.
UNIT – II
Q. No. 2.(a) Explain the law of demand with the help of a schedule and
curves. Marks : 15
¸æàwPæ¿á ¯¿áÊÜáÊÜ®Üá° A®ÜáÓÜãb ÊÜáñÜᤠÃæàTæÁãí©Wæ ËÊÜÄÔ.
OR/A¥ÜÊÝ
Explain the law of diminishing marginal utility.
CÚPæ¿á ÔÊÜÞíñÜ ñÜáÑuWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ.
P.T.O.
0224 -2- *0224*
(b) Write short note on : Marks : 5
ÆZá q±Ü³~ ŸÃæÀáÄ :
Importance of price elasticity of demand.
¸æÇæ¿á Ô§£Óݧ±ÜPÜñÜÌ¨Ü ±ÝÅÊÜááSÂñæ.
OR/A¥ÜÊÝ
Discuss indifference curve analysis.
L¨ÝÔà®Ü ÊÜPÜÅ ÃæàTæ¿á®Üá° aÜbìÔ.
UNIT – III
Q. No. 3. (a) Explain the law of variable proportions. Marks : 15
Ÿ¨ÜÇÝWÜáÊÜ ±ÜÅÊÜÞOÝ®ÜáWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ
What is production function and explain the importance of
production function ?
Eñݳ¨Ü®Ý ¹íŸPÜ Gí¨ÜÃæà®Üá ? Eñݳ¨Ü®Ý ¹íŸPÜ¨Ü ±ÝÅÊÜááSÂñæ¿á®Üá°
ËÊÜÄÔ.
(b) Write a note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
What is cost ? Explain various concepts of cost.
ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° £ÚÔ.
OR/A¥ÜÊÝ
Explain the nature and relationship of Average Revenue and
Marginal Revenue under perfect competition with the help of
a diagram.
ÓÜÃÝÓÜÄ B¨Ý¿á ÊÜáñÜᤠAíb®Ü B¨Ý¿á¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜᤠÓÜíŸí«Ü
±ÜıÜä|ì ±æç±æäàq ÊÜÞÃÜáPÜpær¿áÈÉ ÖæàXÃÜáñܤ¨æíŸá¨Ü®Üá° ÃæàTÝbñÜŨÜ
ÊÜáãÆPÜ ËÊÜÄÔ.
UNIT – IV
Q. No. 4. (a) What is Monopolistic competition ? How are price and output
determined in it during the short and long period ? Marks : 15
ÓÝÌÊÜá¿ááñÜ ±æç±æäàq ÊÜÞÃÜáPÜpær Gí¨ÜÃæà®Üá ? D ÊÜÞÃÜáPÜpær¿áÈÉ
AÇݳ Ê Ü — ÊÜ á ñÜ á ¤ ©à[ÝìÊÜ — ¿áÈÉ ¸æ Ç æ ÊÜ á ñÜ á ¤ EñÜ ³ ® Ü ° Öæ à Wæ
¯«ÝìÃÜÊÝWÜáñܤ¨æ ?
OR/A¥ÜÊÝ
*0224* -3- 0224
What is market ? Under perfect competition how price and
output are determined in it ?
ÊÜÞÃÜáPÜpær Gí¨ÜÃæà®Üá ? ±ÜıÜä|ì ±æç±æäàq ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜá¤
Eñܳ®Ü°¨Ü ¯«ÝìÃÜÊÜ®Üá° ËÊÜÄÔ.
(b) Write a short note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Features of oligopoly market.
ŸÖÜág®Ü ÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá.
OR/A¥ÜÊÝ
Discriminating monopoly and its forms.
ñÝÃÜñÜÊÜá嬆 HPÜÓÝÌÊÜá ÊÜáñÜᤠA¨ÜÃÜ Ë«ÜWÜÙÜá.
UNIT – V

Q. No. 5. (a) What is Macro Economics ? Explain the scope and


importance of Macro Economics. Marks : 15
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜá¤
Êݲ¤¿á®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ
What is National Income ? How is National Income estimated ?
ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü Gí¨ÜÃæà®Üá ? A¨Ü®Üá° ÖæàWæ Aí¨Ýgá
ÊÜÞvÜÇÝWÜáñܤ¨æ ?
(b) Write a short note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Critically examine the Say’s law of market.
Óæà ÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær¿á ¯¿áÊÜáÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄÎàÈÔ.
OR/A¥ÜÊÝ
Keynes law of consumption.
PæஅÕÃÜ A®Üá»æãàWÜ ¯¿áÊÜá.

________________
*0224* 0224
Second Semester Five Years B.A., LL.B. Examination, June/July 2012
ECONOMICS – I

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all the 5 questions.


2. Figures to the right indicate marks.
3. One essay type and one short note question from each
Unit have to be attempted, which is referred to as Part (a) and
Part (b) in all the Units.
4. Answers should be written either in English or Kannada
completely.

UNIT – I

Q. No. 1. (a) Critically explain Scarcity Definition and explain growth


oriented definition. Marks : 15
PæãÃÜñæ¿á ÊÝÂS嬆 qàPæWÜÙÜ®Üá° ÊÜáñÜᤠA¼ÊÜ꩜ ±ÜÃÜ ÊÝÂTæ¿á®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ

Explain in detail opportunity cost.


ÓܨÝÊÜPÝÍÜ ÊæaÜcÊÜ®Üá° ÓÜËÓݤÃÜÊÝX ËÊÜÄÔ.
(b) Write a short notes on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
Explain Welfare Economics assumptions and criticism.
ÁãàWÜ&PæÒàÊÜá ÊÝÂS嬆 FÖæWÜÙÜ®Üá° ÊÜáñÜᤠqàPæWÜÙÜ®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ

Explain four main central problems of Economics.


A¥ÜìÍÝÓÜ÷¨Ü ®ÝÆáR ÊÜáãÆ»ÜãñÜ ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔ.
P.T.O.
0224 -2- *0224*

UNIT – II

Q. No. 2. (a) Analyse in detail consumer’s equilibrium through utility. Marks : 15

ñÜáÑuWÜá| ËÍæÉàÐÜOæ¿áÈÉ A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®Ü ËÊÜÄÔ.


OR/A¥ÜÊÝ

Explain meaning and law of demand.

¸æàwPæ¿á A¥Üì ÊÜáñÜᤠ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.

(b) Write a short notes on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :

Explain approaches to the measurement of utility.

ñÜáÑuWÜá| ÊÜÞ±Ü®Ü¨Ü ŸWæX®Ü ¨ÜêÑrPæãà®ÜWÜÙÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

What are the exception of the law supply ?

±ÜäÃæçPæ ¯¿áÊÜá¨Ü A±ÜÊݨÜWÜÙÜá (Ëá£WÜÙÜá) ¿ÞÊÜâÊÜâ GíŸá¨Ü®Üá° ËÊÜÄÔ.

UNIT – III

Q. No. 3. (a) Explain cost of production in short period and long period,
through cost curve. Marks : 15

Eñݳ¨Ü®Ý ÊæaÜc¨Ü AƳPÝÈPÜ, ©àZìPÝÈPÜ ÊæaÜcÊÜ®Üá° ÃæàTÝbñÜÅ¨Ü ÊÜáãÆPÜ


ËÊÜÄÔ.
OR/A¥ÜÊÝ

Explain revenue analysis relation between AR and MR curves.

ÓÜÃÝÓÜÄ ÊÜáñÜᤠÔàÊÜÞíñÜ B¨Ý¿á ÃæàTæWÜÙÜ ®ÜvÜá訆 ÓÜíŸí«ÜÊÜ®Üá° ËÊÜÄÔ.


*0224* -3- 0224

(b) Write a short notes on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain total cost and average cost.

Joár ÊæaÜc ÊÜáñÜᤠÓÜÃÝÓÜÄ ÊæaÜcÊÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

Explain Average Revenue (AR) and Marginal Revenue (MR).

ÓÜÃÝÓÜÄ B¨Ý¿á ÊÜáñÜᤠÔàÊÜÞíñÜ B¨Ý¿á ËÊÜÄÔ.

UNIT – IV

Q. No. 4. (a) Explain in detail Monopoly Market. Marks : 15

HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÓÜËÓݤÃÜÊÝX ËÊÜÄÔ.


OR/A¥ÜÊÝ

Explain in detail Deopoly Market.

©Ìg®Ü ÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÓÜËÓݤÃÜÊÝX ËÊÜÄÔ.


(b) Write a short notes on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain meaning of Perfectly Competitive Market and its
characteristics.

±ÜıÜä|ì ±æç±æäàq ÊÜÞÃÜáPÜpær¿á A¥ÜìÊÜ®Üá° ÊÜáñÜᤠÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

Explain the types of oligopoly and features of oligopoly.

PæÆg®Ü ÓÝÌÊÜá ÊÜÞÃÜáPÜpær ÊÜáñÜᤠA¨ÜÃÜ ÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ.


0224 -4- *0224*
UNIT – V

Q. No. 5. (a) Explain measurement of National Income and difficulties in


National Income measurement. Marks : 15

ÃÝÑóà¿á B¨Ý¿á¨Ü AÙÜñæ¿á®Üá° ÊÜáñÜᤠÃÝÑóà¿á B¨Ý¿á¨Ü ÊÜޱܮܨÜ


ñæãvÜPÜáWÜÙÜ®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ

Explain in detail Keynesian theory.

Pæஅտᮅ ԨݜíñÜÊÜ®Üá° ÓÜËÓݤÃÜÊÝX ËÊÜÄÔ.


(b) Write a short notes on : Marks : 5

q±Ü³~ ŸÃæÀáÄ :
Explain Aggregate demand function.

±ÜÄOÝÊÜáPÝÄ ¸æàwPæ¿á ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.


OR/A¥ÜÊÝ

What is the difference between classical theory and Keynesian


theory ?
ÓÜí±ÜŨݿá ԨݜíñÜ ÊÜáñÜᤠPæà®…Õ Ô¨ÝœíñÜ¨Ü ®ÜvÜá訆 ÊÜÂñÝÂÓÜWÜÙÜ®Üá° £ÚÔ.
________________
*0224* 0224
Second Semester of Five Years B.A. LL.B. Examination, June/July 2014
ECONOMICS – I

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer one essay type and one short note question from
each Unit.

2. Figures to the right indicate marks.

3. Answers should be written completely either in English or


in Kannada.

UNIT – I

Q. No. 1. (a) Critically examine the scarcity definition of Economics. Marks : 15


A¥ÜìÍÝÓÜ÷¨Ü PæãÃÜñæ¿á ¯ÊÜìaÜ®ÜÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ.
OR/A¥ÜÊÝ

Explain the scope of Economics.


A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤¿á®Üá° ËÊÜÄÔÄ.
(b) Write a short note : Marks : 5
ÆZá q±Ü³~ ŸÃæÀáÄ :
Central problems of an Economy.
B¦ìPÜñæ¿á ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜá.
OR/A¥ÜÊÝ

Production possibilities curve.


Eñݳ¨Ü®Ý ÓÝ«ÜÂñæ¿á ÃæàTæ.

P.T.O.
0224 -2- *0224*
UNIT – II

Q. No. 2. (a) Explain the law of Diminishing Marginal Utility. What are
its assumptions and limitations ? Marks : 15
CÚÊÜááS Aíb®Ü ñÜáÑuWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ. C¨ÜÃÜ FÖÜ®æWÜÙÜá
ÊÜáñÜᤠËá£WÜÙÜá ¿ÞÊÜâÊÜâ ?
OR/A¥ÜÊÝ

What is indifference curve ? Explain the consumer's


equilibrium with the help of an indifference curve.
E±æàQÒñÜ ÃæàTæ Gí¨ÜÃæà®Üá ? C¨ÜÃÜ ÊÜáãÆPÜ A®Üá»æãàX¿áá
ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° ÖæàWæ ±Üvæ¿ááñݤ®æí¨Üá ËÊÜÄÔÄ.
(b) Write short note :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Changes in demand. Marks : 5
¸æàwPæ¿áÈÉ®Ü Ÿ¨ÜÇÝÊÜOæ.
OR/A¥ÜÊÝ

Law of supply.
±ÜäÃæçPæ¿á ¯¿áÊÜá.

UNIT – III

Q. No. 3. (a) Explain the law of Diminishing Returns. Marks : 15


CÚPæ¿á ÔàÊÜÞíñÜ ±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ.
OR/A¥ÜÊÝ

What is Cost of Production ? Explain various types of cost.


Eñݳ¨Ü®Ý ÊæaÜc Gí¨ÜÃæà®Üá ? C¨ÜÃÜ ¸æàÃæ ¸æàÃæ ±ÜÅPÝÃÜÊÜ®Üá° ËÊÜÄÔÄ.
*0224* -3- 0224
(b) Write short note :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Production function. Marks : 5
Eñݳ¨Ü®Ý PÝ¿áì.
OR/A¥ÜÊÝ

Nature of revenue curves.


B¨Ý¿á ÃæàTæ¿á ÓÜÌÃÜã±Ü.

UNIT – IV

Q. No. 4. (a) What is perfect competition ? How are price and output
determined in it ? Marks : 15
±ÜıÜä|ì Óܳ«æì Gí¨ÜÃæà®Üá ? C¨ÜÃÜÈÉ ¸æÇæ ÊÜáñÜᤠEñݳ¨Ü®æWÜÙÜá ÖæàWæ
¯«ÜìÄÓÜÇÝWÜáñܤ¨æ Gí¨Üá £ÚÔ.
OR/A¥ÜÊÝ

Discuss how are price and output determined under monopoly


conditions.
HPÜ ÓÝÌÊÜá ±ÜÄÔ§£¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñݳ¨®Ü Wæ ÙÜ áÜ ÖæàWæ ¯«ÜìÄÓÜÆv
³ áÜ ñܤÊæ ?
Gí¨Üá aÜbìÔÄ.
(b) Write short note :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Product differentiation. Marks : 5
Eñܳ®Ü° ÊæçË«ÜÂ.
OR/A¥ÜÊÝ

Oligopoly.
PæÆg®ÜÓÝÌÊÜáÂ.
0224 -4- *0224*
UNIT – V

Q. No. 5. (a) What is National Income ? Explain the methods of estimating national
income. What are its difficulties ? Marks : 15
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃàæ ®Üá ? C¨Ü®áÜ ° AÙæ¿ááÊÜ Ë«Ý®Ü樆 áÜ ° ËÊÜÄÔ.
C¨Ü®Üá° AÙæ¿ááÊÝWÜ G¨ÜáÄÓܸæàPÝ¨Ü ñæãí¨ÜÃæWÜÙÝÊÜâÊÜâ ?
OR/A¥ÜÊÝ

Explain Keynesian theory of employment and income.


Pæà¯Õ¿á®…ÃÜ E¨æãÂàWÜ ÊÜáñÜᤠB¨Ý¿á ԨݜíñÜÊÜ®Üá° ËÊÜÄÔÄ.
(b) Write a short note :
ÆZá q±Ü³~ ŸÃæÀáÄ :
Average and marginal propensity to consume. Marks : 5
ÓÜÃÝÓÜÄ ÊÜáñÜᤠÔàÊÜÞíñÜ A®Üá»æãàWÜ ±ÜÅÊÜ꣤.
OR/A¥ÜÊÝ

Macro Economics.
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷.
________________
*0224* 0224
II Semester of 5 Year B.A., LL.B., (Old Course) Examination, June/July 2015
ECONOMICS – I

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any five of the remaining.


2. Q. No. 9 carries 20 marks and the remaining questions
carry 16 marks each.
3. Answer should be written either in English or Kannada
completely.

Q. No. 1. Briefly explain the Marshall’s definition of economics. What are


its criticisms ? Marks : 4×16=64
ÊÜÞÍÜìDžÃÜÊÃÜ Ü A¥ÜìÍÝÓÜ÷¨Ü ÊÝÂTæ¿á®Üá° ÓÜíQÒ±¤ÜÊÝX ËÊÜÄÔÄ. C¨Ü®áÜ ° ¿ÞÊÜ
ÄࣿáÈÉ qàQÓÜÇÝX¨æ ?

Q. No. 2. Explain the law of demand with the help of a schedule and curve.
What are its limitations ?
¸æàwPæ¿á ¯¿áÊÜáÊÜ®Üá° A®ÜáÓÜãb ÊÜáñÜᤠÃæàTæÁãí©Wæ ËÊÜÄÔÄ. C¨ÜÃÜ
Ëá£WÜÙÜá ¿ÞÊÜâÊÜâ ?

Q. No. 3. What is cost ? Explain the various concepts of costs.

ÊæaÜc Gí¨ÜÃæà®Üá ? C¨ÜÃÜ ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° ËÊÜÄÔÄ.

Q. No. 4. What is monopoly ? Explain how price and output are determined
in monopoly market.
HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®Ü°WÜÙÜá
ÖæàWæ ¯«ÜìÄÓÜƳvÜáñܤÊæ ?

Q. No. 5. Explain the law of diminishing returns.

CÚÊÜááS ±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ.

P.T.O.
0224 *0224*
Q. No. 6. What is national income ? Explain different methods of calculation
of national income.
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? C¨Ü®Üá° Aí¨Ýgá ÊÜÞvÜáÊÜ ËË«Ü
Ë«Ý®ÜWÜÙÜ®Üá° ËÊÜÄÔÄ.

Q. No. 7. Explain the Keynesian theory of employment.

PæஅÕÃÜÊÜÃÜ E¨æãÂàWÜ Ô¨ÝœíñÜÊÜ®Üá° ËÊÜÄÔÄ.

Q. No. 8. Explain any two of the following : Marks : 2×8=16


¿ÞÊÜâ¨æà GÃÜvÜ®Üá° ËÊÜÄÔÄ :
a) Production possibilities curve.
Eñݳ¨Ü®Ý ÓÝ«ÜÂñæ ÃæàTæ.
b) Consumer’s equilibrium.
A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®Ü.
c) Nature of Revenue curves.
B¨Ý¿á ÃæàTæ¿á ÓÜÌ»ÝÊÜ.

Q. No. 9. Write short notes on any two of the following : Marks : 2×10=20
¿ÞÊÜâ¨æà GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü³~ ŸÃæÀáÄ :
a) Subject-matter of economics.
A¥ÜìÍÝÓÜ÷ ¨Ü ÊÜÓÜᤠËÐÜ¿á.
b) Oligopoly and its features.
ŸÖÜág®Ü ÓÝÌÊÜá ÊÜÞÃÜáPÜpær ÊÜáñÜᤠA¨ÜÃÜ ÆPÜÒ|WÜÙÜá.
c) Say’s Law of market.
ÓæàÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá.
________________
*0273* 0273
Second Semester 5 Year B.A. LL.B. (Hon’s)
Examination, June/July 2016
ECONOMICS – I
Duration : 2½ Hours Max. Marks : 70

Instructions : 1. Answer Q. No. 8 and any five of the remaining


questions.
2. Q. No. 8 carries 20 marks and the remaining
questions carry 10 marks each.
3. Answers should be written either in English or
Kannada completely.
(4×10=40)

Q. No. 1. Explain the nature and scope of Economics. Marks : 10


A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜᤠÊݲ¤¿á®Üá° ËÊÜÄÔ.
Q. No. 2. Explain the law of diminishing marginal utility with the help of a
schedule and diagram. Write briefly about its importance and
assumptions. Marks : 10
CÚÊÜááS ÔàÊÜÞíñÜ ñÜáÑuWÜá| ¯¿áÊÜáÊÜ®Üá° PæãàÐÜuPÜ ÊÜáñÜᤠÃæàTÝbñÜŨÜ
ÓÜÖÝ¿á©í¨Ü ËÊÜÄÔ. A¨ÜÃÜ ÊÜáÖÜñÌÜ ÊÜáñÜᤠFÖæWÙÜ ®Ü áÜ ° ÓÜíQÒ±¤ÜÊÝX
ŸÃæÀáÄ.
Q. No. 3. What is indifference curve ? Explain the indifference curve and
indifference map with the help of schedule and diagram. Marks : 10
L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ Gí¨ÜÃæà®Üá ? L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ ÊÜáñÜᤠL¨ÝÔà®ÜÂ
®ÜPæÒ¿á®Üá° PæãàÐÜuPÜ ÊÜáñÜᤠÃæàTÝbñÜÅ¨Ü ÓÜÖÝ¿á©í¨Ü ËÊÜÄÔÄ.
Q. No. 4. What is law of demand ? Discuss the law of demand with
schedule and diagram. Marks : 10
¸æàwPæ ¯¿áÊÜá Gí¨ÜÃæà®Üá ? ¸æàwPæ ¯¿áÊÜáÊÜ®Üá° PæãàÐÜuPÜ ÊÜáñÜá¤
ÃæàTÝbñÜÅ¨Ü ÓÜÖÝ¿á©í¨Ü aÜbìÔ.
Q. No. 5. What is law of supply ? Explain the most important determinants
of supply. Marks : 10
±ÜäÃæçPæ ¯¿áÊÜá Gí¨ÜÃæà®Üá ? ±ÜäÃæçPæ¿á®Üá° ¯«ÜìÄÓÜáÊÜ ±ÜÅÊÜááS
AíÍÜWÜÙÜ®Üá° ËÊÜÄÔ.
P.T.O.
0273 *0273*
Q. No. 6. What is National Income ? Discuss the methods of
measurement of national income. Marks : 10
ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿áÊÜ®Üá° ÊÜޱܮÜ
ÊÜÞvÜáÊÜ ±Ü¨Üœ£WÜÙÜ®Üá° aÜbìÔ.
Q. No. 7. Write short note on any two of the following : Marks : 2×5=10
PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü³~ ŸÃæÀáÄ :
(a) Welfare or Neo-classical definition. Marks : 5
PÜÇÝÂ| A¥ÜÊÝ ®ÜÊÜ&ÓÜí±ÜŨݿá¨Ü ÊÝÂTÝ®Ü.
(b) The basic problems of an economy. Marks : 5
B¦ìPÜ ÊÜÂÊÜÓ槿á ÊÜáãÆ»ÜãñÜ ÓÜÊÜáÓæÂWÜÙÜá.
(c) Extension and contraction of demand. Marks : 5
¸æàwPæ¿á ×WÜáYËPæ ÊÜáñÜᤠPÜáWÜáYËPæ.
Q. No. 8. Answer any two of the following : Marks : (2×10=20)
¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR EñܤÄÔÄ :
(a) As per the demand function Qd = 20 – 2P, when the price
of tomato per Kg, is Rs. 4, Rs. 5, Rs. 6, Rs. 7 and Rs. 8,
then calculate the quantity of demand and derive an
individual demand curve. Marks : 10
¸æàwPæ¿á PÝ¿áì¨Üíñæ Q.B = 20 – 2P ¸æÇæ C¨Ü᪠ÊÜÞÃÜáPÜpær¿á
Jí¨Üá Pæ.i. pæãÊæápæãà ¸æÇæ ÃÜã. 4, 5, 6, 7 ÊÜáñÜᤠ8 C¨ÝªWÜ ¸æàwPæ
±ÜÅÊÜÞ|ÊÜ®Üá° ÊÜáñÜᤠÊæç¿áQ¤PÜ ¸æàwPæ ÃæàTæ¿á®Üá° GÙæÀáÄ.
(b) Different properties of indifference curve. Marks : 10
L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ¿á ËË«Ü WÜá|ÆPÜÒ|WÜÙÜá.
(c) Define production function. Explain the law of return to scale. Marks : 10
Eñݳ¨Ü®Ý ¹íŸPÜ Gí¨ÜÃæà®Üá ? A¨ÜÃÜ ±ÜÅ£´ÜÆ ËáñÜÊÜ¿á
¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ.
________________
*0224* 0224

Second Semester of Five Year B.A.,LL.B. Examination, December 2013


ECONOMICS – I
Economic Theory (Course – IV)

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 Questions.


2. One essay type and one short note question or problem
from each unit have to be attempted, which is referred as
part (a) and (b) in all the Units.
3. Figures to the right indicate marks.
4. Answers should be written either in English or Kannada
completely.

UNIT – I
Q. No. 1. (a) Briefly explain the subject matter of Economics. Marks : 15
A¥ÜìÍÝÓÜ÷¨Ü ÊÜÓÜᤠËÐÜ¿áÊÜ®Üá° ÓÜíQұܤÊÝX ËÊÜÄÔ.
OR/A¥ÜÊÝ
Examine the basic problems common to all economies.
GÇÝÉ B¦ìPÜ ÊÜÂÊÜÓæ§WÜÚWæ A®ÜÌÀáÓÜáÊÜ ÊÜáãÆ»ÜãñÜ ÓÜÊÜáÓæÂWÜÙÜ®Üá°
±ÜÄÎàÈÔ.
(b) Write a brief note on : Marks : 5
ÓÜíQÒ ±Ü¤ÊÝX q±Ü³~ ŸÃæÀáÄ :
Wealth definition of Economics.
A¥ÜìÍÝÓÜ÷¨Ü ÓÜí±Ü£¤®Ü ÊÝÂTæÂ.
OR/A¥ÜÊÝ
Opportunity cost principle.
ÓܨÝÊÜPÝÍÜ ÊæaÜc¨Ü ñÜñÜÌ.

P.T.O.
0224 -2- *0224*
UNIT – II

Q. No. 2. (a) What is Consumer’s equilibrium ? Explain the consumer’s


equilibrium through the Equi-marginal utility principle, with
appropriate diagram. Marks : 15
A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®Ü Gí¨ÜÃæà®Üá ? ÓÜÊÜáÔàÊÜÞíñÜ ñÜáÑràWÜá|
ËÍæÉàÐÜOæ ñÜñÜÌ¨Ü ÊÜáãÆPÜ A®Üá»æãàX¿á ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° ÓÜãPܤ ÃæàTÝ
bñÜÅ¨Ü ÓÜÊæáàñÜ ËÊÜÄÔ.
OR/A¥ÜÊÝ
State the meaning of demand and explain the factors
responsible for changes in demand.
¸æàwPæ¿á A¥Üì ËÊÜÃÜOæ £ÚÔ ÊÜáñÜᤠ¸æàwPæ¿á Ÿ¨ÜÇÝÊÜOæWæ CÃÜáÊÜ
AíÍÜWÜÙÜ®Üá° ËÊÜÄÔ.
(b) Write a brief note on : Marks : 5
ÓÜíQÒ ±Ü¤ÊÝX q±Ü³~ ŸÃæÀáÄ :
Types of price elasticity of demand.
¸æÇæ ¸æàwPæ Ô§£Óݧ±ÜPÜñÜÌ¨Ü ŸWæWÜÙÜá.
OR/A¥ÜÊÝ
Exceptions to the law of supply.
±ÜäÃæçPæ¿á ¯¿áÊÜá¨Ü A±ÜÊݨÜWÜÙÜá.
UNIT – III

Q. No. 3. (a) Briefly explain the three types of laws of returns as stated by
classical economists. Marks : 15
ÓÜí±ÜŨݿá A¥ÜìÍÝÓÜ÷gnÃÜá ÖæàÚÃÜáÊÜíñæ ±ÜÅ£´ÜÆ ¯¿áÊÜá¨Ü ÊÜáãÃÜá
ŸWæWÜÙÜ®Üá° ÓÜíQұܤÊÝX ËÊÜÄÔ.
OR/A¥ÜÊÝ
Define cost and explain few important cost concepts.
ÊæaÜcÊÜ®Üá° ÊÝÂTÝÂ¯Ô ÊÜáñÜᤠÊæaÜc¨Ü PæÆÊÜâ ±ÜÅÊÜááS ±ÜÄ»ÝÊÜ®æWÜÙÜ®Üá°
ËÊÜÄÔ.
*0224* -3- 0224

(b) Write a brief note on : Marks : 5


ÓÜíQÒ ±Ü¤ÊÝX q±Ü³~ ŸÃæÀáÄ :
Reasons for the ‘U’ shape of the Average Cost Curve.
ÓÜÃÝÓÜÄ ÊæaÜc ÃæàTæ¿á ‘U’ BPÝÃÜPæR CÃÜáÊÜ PÝÃÜ|WÜÙÜá.
OR/A¥ÜÊÝ

Relationship of average and marginal revenue under Monopoly


market.
HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ ÓÜÃÝÓÜÄ ÊÜáñÜᤠÔàÊÜÞíñÜ B¨Ý¿áWÜÙÜ ÓÜíŸí«Ü.

UNIT – IV

Q. No. 4. (a) Explain the importance of time in the theory of price. Marks : 15
¸æÇæ¿á ԨݜíñܨÜÈÉ ÓÜÊÜá¿á¨Ü ±ÝÅÊÜááSÂñæ¿á®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ

What is Monopolistic competition ? How price and output are


determined in it ?
ÓÝÌÊÜá¿ááñÜ ±æç±æäàq Gí¨ÜÃæà®Üá ? D ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜá¤
Eñܳ®Ü° ÖæàWæ ¯«ÝìÃÜÊÝWÜáñܤ¨æ ?
(b) Write a brief note on : Marks : 5
ÓÜíQÒ ±Ü¤ÊÝX q±Ü³~ ŸÃæÀáÄ :
Different forms of discriminating monopoly.
ñÝÃÜñÜÊÜá HPÜÓÝÌÊÜá嬆 ËË«Ü ŸWæWÜÙÜá.
OR/A¥ÜÊÝ

Different forms of oligopoly.


PæÆg®Ü ÓÝÌÊÜá嬆 ËË«Ü ŸWæWÜÙÜá.
0224 -4- *0224*

UNIT – V

Q. No. 5. (a) Define National income and explain the various concepts of
National Income. Marks : 15
ÃÝÑóà¿á B¨Ý¿áÊÜ®Üá° ÊÝÂTÝÂ¯Ô ÊÜáñÜᤠÃÝÑóà¿á B¨Ý¿á¨Ü
ËË«Ü ±ÜÄ»ÝÊÜ®æWÜÙÜ®Üá° ËÊÜÄÔ.
OR/A¥ÜÊÝ
Explain the Keynesian theory of Income and Employment.
PæஅÕÃÜÊÜÃÜ B¨Ý¿á ÊÜáñÜᤠE¨æãÂàWÜ Ô¨ÝœíñÜÊÜ®Üá° ËÊÜÄÔ.
(b) Write a brief note on : Marks : 5
ÓÜíQÒ ±Ü¤ÊÝX q±Ü³~ ŸÃæÀáÄ :
Merits and Demerits of Macro economics.
ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü WÜáOÝÊÜWÜá|WÜÙÜá.
OR/A¥ÜÊÝ
J. B. Say’s law of market.
hæ. ¹. "Óæà' ÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá.
________________

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