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Code No. : 20378 E Sub. Code : JACO 11/

SACO 11

B.Com. (CBCS) DEGREE EXAMINATION,

NOVEMBER 2019.
First Semester
' Commerce - Allied
BUSINESS ECONOMICS
(For those who joined in July 2016 onwards)
Time : Three hours .Maximum : 75 marks
PARTA-(10x1=l0marks)
Answer.ALL questions.
Choose the correct answer:

1. The term economics is derived from the following

(a) Greek @) Latin

(c) Urudhu (d) None of these

2. Tlie basic economic problems are common to

(a) capitalisrn (b) socialism

(c) mixed economy (d) all of these
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 Bachelor of Commerce 1st Semester
Business Economics
Time allowed: 3 Hours Max. Marks: 80
Question No.1is compulsory. Attempt four questions from Sections-B and C, selecting
Note: not more than two questions from each Section. Each question from these Sections
carries 15 marks.
SECTION-A
I Attempt any four questions. Each question carries 5 marks.
(i) Define utility and its various concepts.
(ii) Define Income Elasticity of Demand.
(iii) Define AC; why is it 'U' shaped?
(iv) Give the different concepts of Revenue.
(v) Differentiate return to a factor and return to scale.
(vi)
m
Explain features of Monopolistic Competition. (4x5=20)

r . co
SECTION-B

II

p e
Explain diagrammatically The Law of Demand. Give its importance. Why is this
law not applicable for Giffen goods?
m
III
a
Explain consumer's equilibrium with the help utility analysis.
o
IV
rp .r c
Define Indifference Curve. Explain the various properties of Indifference Curve.
What is meant by elasticity of demand? How can the price elasticity of demand be (15x2=30)
b
V
measured?
p e
pa
SECTION-C

br
VI Explain the Law of Variable Proportions. What are the causes of its application?
VII Explain in detail the various cost concepts. Also explain the relationship between
AC and MC.
VIII Explain the equilibrium of the firm under perfect competition in the Short and
Long Run.
IX Define Price Discrimination. Explain in detail how the discriminating monopolist (15x2=30)
comes into equilibrium.
 Bachelor of Commerce 1st Semester
BUSINESS ECONOMICS
Time : Three Hours] [Maximum Marks : 80
Note. Question No. 1 is compulsory. Attempt four question and Unit-ll, selecting not more than two
question each Unit. Each question carries 15 marks.

1. Attempt any four questions. Each question car

(i) Define cardinal concept of utility.
(ii) What is income effect ? Discuss.
(iii) Explain the importance of demand forecasting.
(iv) Brief out the law of returns to scale. cost.
(v) Explain the relationship between average cost and marginal
(vi) Discuss the Kinky demand curve analysis.

UNIT-l
2. State and explain the Law of Diminishing Marginal Utility. Give its importance and limitations.
3. What is an indifference curve ? Explain the consumer's equilibrium with the help of indifference curve
analysis.
4. Define demand. Why does demand curve of a normal good slope downward from left to right?
5. What do you understand by elasticity of demand ? Explain the factors which determine the elasticity of
demand.
m
6.
. co
UNIT-Il
Explain the law of variable proportions. Discuss the various stages of this law with the help of a table
and diagram.
r
7.
curve?
p e
Discuss the various concepts of cost curves. Why is long cost curve flatter than the short-run cost

m
8.
a o
What do you mean by monopolistic competition ? * 15 equilibrium of a firm under monopolistic

p .r c
competition.
9.
r
What is an oligopoly ? Explain the price leadershi oligopoly. price leadership model of oligopoly

b e
p
pa
br
 Bachelor of Commerce 1st semester
BUSINESS ECONOMICS-I
Time Allowed: Three Hours Maximum Marks : 80
Note: (1) Attempt any FOUR questions from Section-A. Each question carries 5 marks.
(2) Attempt any TWO questions each from Section-B and C. Each question carries 15 marks.

SECTION-A

1. Write a note on consumer equilibrium with the help of utility analysis.

2. Briefly explain the law of diminishing marginal utility.
3. What is law of demand ? Explain its exceptions.
4. Explain the law of variable proportions.
5. Why is the average cost curve U-shaped?
6. Define oligopoly. What are its different types?
SECTION-B
7. Distinguish between total utility and marginal utility and show that the concept of consumer's surplus is

m
based on this distinction.
8. What is an indifference curve ? Show the income effect and price effect with the help of indifference

co
curves.
9.
10.
r .
Define elasticity of demand. Explain the factors which determine the elasticity of demand.
Discuss the usefulness of demand forecasting. Explain the various methods of demand forecasting.

p e SECTION-C
m
a o
.r c
11. What is meant by returns to scale ? Explain the law of diminishing returns to scale. How does it differ

rp
from the law of variable proportions?

b
12. Discuss the various concepts of cost curves. How do they differ in short run and long run?
13.
p e
What do you mean by perfect competition? Explain the equilibrium of a firm under perfect competition.

pa
14. Define monopoly. How is price determined under monopoly? Explain with the help of suitable diagrams.

br
 BUSINESS ECONOMICS
Revised Syllabus and Paper Pattern of F.Y.B.Com: Business Economics ‐ PAPER I
w.e.f. Academic Year 2014-15

SEMESTER‐ I

Module I ‐ Demand Analysis Demand Function and determinants of demand –
Module II ‐ Theory of
Production
Module III ‐ Theory of Cost
Module IV ‐ Revenue Analysis Revenue Concepts: Total Revenue‐ Average revenue
F.Y.B.Com.: Business Economics ‐ Paper II
Module I ‐Market Structure
Module II ‐ Pricing Practices
Module III ‐ Market Failure
Module IV ‐ Capital
Budgeting
(15 Lectures)
Concept and Importance of Elasticity of Demand:
Income, Cross and Promotional – Consumer’s Surplus
– Demand Forecasting: meaning, significance and
methods – Case Studies.
Production function; Short Run and Long Run – Law (10 Lectures)
of Variable Proportions – Iso‐quants – Producer’s
Equilibrium – Returns to Scale – Economies of Scale
– Case Studies.
Cost Concepts: Social and Private costs, Economic (10 Lectures)
and Accounting Costs, Fixed and Variable Costs,
Opportunity Cost – Behavior of Cost Curves: Short
Run and Long Run – Producer’s Surplus ‐ Case
Studies.
(10 Lectures)
and Marginal Revenue under Perfect Competition and
Monopoly – Objectives of a Firm: Profit, Sales and
Growth Maximization – Types of Profit – Break‐Even
Analysis – Case Studies.
SEMESTER‐ II
Short‐run and long‐run equilibrium of a firm and (15 Lectures)
Industry under perfect competition – Sources of
monopoly – Short‐run and long‐run equilibrium of a
firm under monopoly – Features: Monopolistic
Competition and Oligopoly – Case studies
Pricing Practices: Price Discrimination, Dumping, (10 Lectures)
Marginal‐cost pricing, Cost‐plus pricing,
Multiple‐product pricing.
Market Failure: Concept of market failure and (10 Lectures)
inefficiency (Productive and allocative inefficiency
using PPC) – Causes of market failure (Public goods,
Market power, Externalities , Information asymmetry
and Equity) – Government intervention and market
efficiency – Case studies
Capital Budgeting: Meaning and Importance‐ (10 Lectures)
Investment Criteria: Pay Back Period Method, Net
Present Value Method, and Internal Rate of Return
Method ‐ Case Studies.

REFERENCES
1. Bradley R. Schiller, The Macro Economics Today, Tata McGraw‐Hill, 2011.
2. B. Douglas Bernheim and Michael D. Whinston, Microeconomics, Tata McGraw‐Hill, 2011.
3. Lipsey, R.G. and A.K. Chrystal, Economics, Oxford Univ. Press, 2007.
4. Mankiw, N.G., Economics: Principles and Applications, Cengage Learning, 2009.
5. Pindyck, R.S. and D.L. Rubinfeld, Microeconomics, Pearson Education, 2008.
6. Stiglitz, J.E. and C.E. Walsh, Principles of Economics, W.W. Norton, 2002.
7. Salvatore, D.L., Microeconomics: Theory and Applications, Oxford Univ. Press, 2008.
8. Suma Damodaran, Managerial Economics, Oxford University Press, 2006
9. Varian, H.R., Intermediate Microeconomics: A Modern Approach, W.W. Norton, 2002.
10. Sen, Anindya, Microeconomic Theory, Oxford Univ. Press, 1999.
11. Koutsoyiannis, A., Modern Microeconomics, MacMillan Press, 1979.
12. H.L. Ahuja, Business Economics, 1999.
13. H.L. Ahuja, Principles of Microeconomics

PAPER PATTERN

F.Y.B.COM. -: BUSINESS ECONOMICS - PAPER I& II

Internal and External Examination for Semesters I and II

Internal Examination

The Internal Examination will be of 25 marks and is split into –

i) Test Paper of 20 marks consisting of questions of objective types and case studies.
ii) 5 marks for responsible behavior and active class participation

External Examination

Question Paper Pattern for Semester End Examination.

There will be Five questions in all. All the questions are COMPULSORY and will have internal
choice. (Total 75 marks)

Q1. Module I (Total marks 15)

Three questions: A BC.
Attempt any Two

Q2. Module II (Total marks 15)

Three questions: A BC.
Attempt any Two

Q3. Module III (Total marks 15)

Three questions: A BC.
Attempt any Two

Q4. Module IV (Total marks 15)

Three questions: A BC.
Attempt any Two

Q5. Modules I to IV (Total marks 15)

 a. True or False with reasons. Attempt any Four out of Eight: Two from each module. (2 marks each)
b. Choose the correct option. Attempt any Seven out of Twelve: Three from each module. (1 mark
each)

Syllabus and Paper Pattern of S.Y.B.Com: Business Economics ‐ PAPER-IIIw.e.f.

Academic Year 2014-15

S.Y.B.Com.: Business Economics ‐ Paper III

Module I ‐ Introduction to
Macro Economics
Module II ‐Theory ofSupply and
Demandfor Money
Module III ‐Inflation
Module IV ‐Banking and
Integration of Product and Money Commercial Banks – Trade-off between Liquidity
Market Equilibrium
SEMESTER‐ III
Circular Flow of Income: Closed (Two and Three (10 Lectures)
Sector Models) and Open Economy Models-
Trade Cycles: Features and Phases- Concept of
Aggregate Demand – Keynes’ Theory of Income
Determination – Theory of Multiplier –
Acceleration Principle – Super Multiplier.
Supply of Money: Concept, Constituents and (10 Lectures)
Determinants of Money Supply - Velocity of
Circulation of Money – Meaning and Factors
Determining Demand for Money: Keynes’
Theory of Demand for Money – Liquidity
Preference Theory of Rate of Interest.
Inflation: Concept and Rate of inflation – (10 Lectures)
Demand Pull and Cost Push Inflation – Phillips’
Curve – Causes, Effects and Measures to Control
Inflation.
Commercial Banking: Assets and Liabilities of (15 Lectures)
and Profitability – Money Multiplier – Objectives
and Instruments ofMonetary Policy and Fiscal
Policy – IS-LM Model: Framework, Impact of
Monetary and Fiscal Policy Changes.

S.Y.B.Com.: Business Economics ‐ Paper IV

Module I ‐Basic Issues in
Economic Development
SEMESTER‐ IV
New Economic Policy 1991: Rationale and Key (15 Lectures)
Policy Changes – Trends in National Income and
Per Capita Income – Sectoral Composition of
National Income and Occupational Structure –
Inclusive Growth – Progress of Human
Development Index in India ( post 1991 ) –
Health, Gender Related Development and
Economic Indicators – Government Policy w.r.t.
Education and Health – Recent Trends in
Employment – Problems of Unemployment.
Module II ‐ Agricultural Sector in
India
Module III ‐ Industry and Service
Sectors in India
Module IV ‐Banking and
Monetary Policy Since 1991
Trends in Agricultural Production and (10 Lectures)
Productivity – New Agricultural Policy 2000 and
Recent Policy Measures – Public Distribution
System and Food Security – WTO and Indian
Agriculture.
Industrial Development Since 1991: Growth and (10 Lectures)
Diversification – MRTP and Competition Act –
Comprehensive Policy Package for SSI’s 2000
and Recent Policy Measures – Service sector:
Growth and Performance since 1991.
Banking Sector Reforms since 1991: Rationale (10 Lectures)
and Measures – Structure of Banking in India –
Performance of Commercial Banks –
Developmental and Promotional Functions of
RBI – RBI’s Recent Measures of Money Supply
– Inflation: Trends and Causes – Recent Changes
in Monetary Policy in India

References:

Datt R. & K.P.M. Sundaram, Indian Economy, S.Chand& Co.

Dornbusch R. & S. Fischer, Economics, Tata McGraw Hill.
Dornbusch R. & S. Fischer, Macroeconomics, Tata McGraw Hill.
Economic & Political Weekly: Various Issues.
Mishra S.K. & V.K. Puri, Macroeconomics, Himalaya Publishing House.
Nagesh Kumar & K.J. Joseph (ed.) International Competitiveness & Knowledge – based Industries
in India, Oxford University Press, 2007.
Prasad C.S., Mathur V. &Chaterjee A, 60 Years of Indian Economy 1947-2007 Vol. I &II., New
Century Publications, New Delhi,
World Bank, Building Knowledge Economies: Advanced Strategies for Development, 2007
World Development Report: Various Issues

PAPER PATTERN

S.Y.B.COM.: Business Economics - Paper III and IV

Internal and External Examination for Semesters III and IV

Internal Examination

The Internal Examination will be of 25 marks and is split into –

i. Test Paper of 20 marks consisting of questions of objective types.
ii. 5 marks for responsible behavior and active class participation

External Examination

Question Paper Pattern for Semester End Examination.

There will be Five questions in all. All the questions are COMPULSORY and will have internal
choice. (Total 75 marks)
Q1. Module I (Total marks 15)
Three questions: A BC.
Attempt any Two

Q2. Module II (Total marks 15)

Three questions: A BC.
Attempt any Two

Q3. Module III (Total marks 15)

Three questions: A BC.
Attempt any Two

Q4. Module IV (Total marks 15)

Three questions: A BC.
Attempt any Two

Q5. Modules I to IV (Total marks 15)

a. True or False with reasons. Attempt any Four out of Eight: Two from each module. (2 marks each)
b. Choose the correct option. Attempt any Seven out of Twelve: Three from each module. (1 mark
each)

Revised Syllabus and Paper Pattern of T.Y.B.Com: Business Economics ‐ Paper V and
VIw.e.f. Academic Year 2014-15

T.Y.B.Com.: Business Economics ‐ Paper V

Module I‐Introduction to
Public Finance
Module II ‐Public Revenue
Module III –Public
Expenditure and Public
Debt
Module IV ‐Financial
Markets
SEMESTER‐V
Concept of Public Finance: Meaning, Scope and (15 Lectures)
Functions, Distinction between Public and Private
Finance- Principles of Maximum Social Advantage:
Dalton & Musgrave versions-Modern Trends in Public
Finance: Sound Finance v/s Functional Finance,
Redistributive Taxation, Anti-Inflationary Taxation.
Public Revenue : Sources of Revenue (Tax & Non – Tax (10 Lectures)
Revenue) – Merits and Demerits of Direct & Indirect
Tax- Impact and Incidence of Taxation
Public Expenditure: Classification and Causes of (10 Lectures)
increase in Public Expenditure – Budget and Types of
Budget - Public Debt :Types, Burden and Management -
Concepts of deficit- FRBM Act 2003 - Fiscal
Federalism: Concept& Key Issues
Money Markets – Components - Features of Indian (10 Lectures)
Money Market – Money Market Reforms in India since
1991.
Capital Markets – Meaning, Role, Structure and Reforms
in India since 1991.
 T.Y.B.Com.: Business Economics ‐ Paper VI
SEMESTER‐ VI
Module I ‐International Theories of International Trade: Comparative Cost (15 Lectures)
Trade Theory,
Heckscher Ohlin Theory, Terms of Trade: Meaning &
Types – Gains from Trade (with Offer Curves)
Module II ‐Balance of Concept & Structure of BOP, Causes of Disequilibrium, (10 Lectures)
Payments and WTO Measures to Correct Disequilibrium in BOP- India’s
BOP Position since 1991- WTO Agreements with
reference to TRIPS, TRIMS and GATS
Module III ‐Foreign Concept of Foreign Exchange Market: Functions and (10 Lectures)
Exchange Market Dealers - Exchange Rate Systems - Spot and Forward
Exchange Rate - Hedging, Arbitrage and Speculation.
Module IV ‐Exchange Rate Exchange Rate Determination -Purchasing Power Parity (10 Lectures)
Management Theory - Role of Central Banks in Foreign Exchange
Market -RBI’s Intervention in Foreign Exchange Rate
Management Since 1991 (stages)

References:

Hajela T. N. – “Money, Banking & Public Finance”, 8th Edition, 2009, ANE Books Publications
Benson KunjuKunju – “Financial Market and Financial Services in India”, First Edition, July, 2012,
New Century Publication
Mishra S. K. &Puri V. K. – “Indian Economy”, 31st Edition, 2013, Himalaya Publication House
Dominic Salvatore – “International Economics”, 8th Edition, 2009, John Wiley & Sons
Mithani D. M. – “Money, Banking, International Trade and Public Finance”, 16th Edition, 2010,
Himalaya Publication House
Jhingan M. L. – “International Economics” 6th Edition, 2007, Vrinda Publication
Bo Sodersten – “International Economics”, 3rd Edition, 2004, MacMilan Publication.
Hajela T. N. – “Money, Banking and International Trade, 8th Edition, 2009, ANE Books Publication

PAPER PATTERN

T.Y.B.COM.: Business Economics - Paper V & VI

Internal and External Examination for Semesters V and VI

Internal Examination

The Internal Examination will be of 25 marks and is split into –

i. Test Paper of 20 marks consisting of questions of objective types.
ii. 5 marks for responsible behavior and active class participation

External Examination
Question Paper Pattern for Semester End Examination.
There will be Five questions in all. All the questions are COMPULSORY and will have internal
choice. (Total 75 marks)

Q1. Module I (Total marks 15)

Three questions: A BC.
Attempt any Two

Q2. Module II (Total marks 15)

Three questions: A BC.
Attempt any Two

Q3. Module III (Total marks 15)

Three questions: A BC.
Attempt any Two

Q4. Module IV (Total marks 15)

Three questions: A BC.
Attempt any Two

Q5. Modules I to IV (Total marks 15)

a. True or False with reasons. Attempt any Four out of Eight: Two from each module. (2 marks each)
b. Choose the correct option. Attempt any Seven out of Twelve: Three from each module. (1 mark
each)

S.Y.B.C0M. – APPLIED COMPONENT PAPER: ECONOMIC SYSTEMS

SYLLABUS FOR SEMESTER III and IV
 S.Y.B.Com - Semester III

Economic Systems - Paper I

Module 1

Introduction: Meaning, Feature and Functions of economic systems – Importance of the study of
economic systems– Forces influencing economicsystems – Classification of economic systems – a
Multidimensional approach – Pure and Mixed systems.

(10 Lectures)

Module II

Criteria for evaluating performance of economic systems: Efficiency criteria - Allocative,

Productive and Distributive efficiency under different economic systems – Role of freedoms under
different systems – Incentives and Disincentives under different economic systems: Economic and
Non-economic; Monetary and non-monetary.
(15 Lectures)

Module III

Capitalism:Transition from Mercantilism to Capitalism – Features – Emergence of Welfare State

(10 Lectures)

Module IV

Marxian Economic Thought – Materialistic Interpretation of History – Theory of Profit– Theory of

Capitalist Crises and Breakdown.

(10 Lectures)

References:
H. Stephen Gardner, Comparative Economic Systems, Dryden Press, 1998.
Steven Rosefielde ,Comparative Economic Systems : Culture, Wealth, and Power in the
21stCentury , Blackwell Publishers , 2004.
North Douglass, Institutions, Institutional Changes and Economic Performance,Cambridge
University Press, 1990
Bruno Amable, The Diversity of Modern Capitalism, Oxford University Press, 2003.
S.Y.B.Com - Semester IV - Applied Component Paper

Economic Systems - Paper II

Module I

USA: Critique of American Capitalism – Service EconomyCentral Planning in former Soviet

Union – Policies of Glasnost and Perestroika – Transitionin Central Eurasia (Russia)–-
Convergence of Economic Systems

(10 Lectures)

Module II

Mixed economy – Features – India: a mixed economy – Changing role of public sectorAppraisal of
Gandhian ideas on economic systemChina – a continuing revolution (Since 1978)

(15 Lectures)

Module III

Globalization – Transnational Corporations and Capitalist globalization – Country integrationand

system performance – Impact of globalization on economic growth, efficiency anddistribution of
income

(10 Lectures)

Module IV

Challenges of capitalist globalization – Class polarization crisis – Crisis of ecological sustainability

and unsustainability

(10 Lectures)

References:
Bruno Amable, The Diversity of Modern Capitalism, Oxford University Press, 2003.
Black Bernard and Anna Tarassova, Institutional Reforms in Transition: A case Study of Russia,
Stanford Law School, Mimeo, 2003.
Hsu Immanuel C. Y., The Rise of Modern China, Oxford UniversityPress, 1995.
Boycko Maxim, Andrei Shleifer and Robert Vishny, Privatizing Russia, Cambridge, MIT Press.
Leslie Sklair ,Globalization: Capitalism and its Alternative , Oxford UniversityPress, 2002.

*************
APPLIED COMPONENT PAPER: ECONOMIC SYSTEMS
Internal and External Examination for Semesters III and IV

Internal Examination

The Internal Examination will be of 25 marks and is split into –

i) Test Paper of 20 marks consisting of questions of objective types.
ii) 5 marks for responsible behavior and active class participation

External Examination

Question Paper Pattern for Semester End Examination.

There will be Five questions in all. All the questions are COMPULSORY and will have internal
choice. (Total 75 marks)

Q1. Module I (Total marks 15)

Three questions: A BC.
Attempt any Two

Q2. Module II (Total marks 15)

Three questions: A BC.
Attempt any Two

Q3. Module III (Total marks 15)

Three questions: A BC.
Attempt any Two

Q4. Module IV (Total marks 15)

Three questions: A BC.
Attempt any Two

Q5. Modules I to IV (Total marks 15)

a. True or False with reasons. Attempt any Four out of Eight: Two from each module. (2 marks each)
b. Choose the correct option. Attempt any Seven out of Twelve: Three from each module. (1 mark
each)

xxxxxxxxxxxxxxxx

S.Y.B.C0M. – APPLIED COMPONENT PAPER: COOPERATION

 Paper I: SYLLABUS FOR SEMESTER III
w.e.f. Academic Year 2014-15

Module I ‐ Introduction Meaning and Definition of Co-operation- Salient (10 Lectures)

Features of Co-operation-Benefits of Co-
operation: Evaluation of Principles of Co-
operation-Role of Co-operation in Economic
Development- Co-operation in Mixed Economy-
Module II ‐Structure and Brief history of Co-operative movement in India- (15 Lectures)
Organization of Co-operation: Processing Co-operative Societies – Agricultural
Organization, Progress and Marketing Societies – Consumers Co-operative
Problems with special reference to Societies – Housing Co-operative Societies –
India Labour Co-operative Societies– Industrial Co-
operatives – Dairy Co-operatives – Significance,
Progress, Problems & Remedies
Module III‐Role, Functions and Self Help Groups-Farmers Service Societies– (10 Lectures)
Problems of Co-operative Credit Primary Agricultural Credit Society–
in Restructuring of Co-operative Credit:
India Vaidyanathan Committee Report 2004.
Module IV ‐Co-operative Banking Central Co-operative Banks – State Co –operative (10 Lectures)
in India Banks –Land Development Banks –Urban Co-
operative Bank and Credit Society- Regional
Rural Banks.

S.Y.B.Com.: Co-operation‐(Applied Component Paper)

Paper II: SEMESTER‐ IV
Module I – Co-operative
Management
Module II ‐Participation of State Central Government - State Government -
in Co-operative Management
Module III- Human Resource
Development and Leadership in
Co-operation
Module IV-Challenges of Co-
Administrative Functions of Co-operative (15 Lectures)
Department Registration, Administration,
Supervision Legislation , Audit –
Professionalisation of Co-operative Managements
– Types and Procedures of General Body
Meetings – Duties of Board of Directors in Co-
operatives – Role of Secretary / Managing
Director –Role of Registrar Power and Functions
(10 Lectures)
Commercial Banks- Reserve Bank of India –
NABARD
Need and Importance of HRD- HRD: Education (10 Lectures)
and Training Facilities–Worker’s Participation in
Managements, Retention and Compensation of
Workers -Co-operative Processing and Women
Empowerment.
Role of Leadership in Co-operatives -Leadership
Qualities - Leadership Development Programmes.
Survival of Co-operatives under Globalization - (10 Lectures)
operative Sector Need to Strengthen the Co-operative Sector-
Measures to Strengthen Co-operative movement
in India.

References:
Mathur B.S., 1999 Co-operation in India.
Tyagi R.B., Recent – Funds in the co-operative movement in India
Kamat G.S., New Dimension in co-operative, Himalaya.
Hajela T.N., Principle, Problems and Practices of Co-operation.
Bhatnagar and others, Co-operation in India.
Bedi R.D., Theory, History and Practice of Co-operation.
Dr.Gadgil, Writings on Co-operative Movement in India.
Goel S.L. And Goel B.B., Co-operative Administration, Sterling, New Delhi.
Taimani K.K; Co-operative Organization and Management
Taimani K.K; Training and Development of Human Resources in Co-operatives, Savin Brothers, New
Delhi.ICA Co-operativeManagement and Administration.
Stephenson, Management in Co-operatives, Himalaya Publishing House.
Govt. of Maharashtra, Report on Co-operative Movement in Maharashtra, YashwantraoMohite
Committee Report.
Bhatia B.S., Verma H.L. And others, Co-operatives and Human Resources Development, Vol.1to 5,
Deep and Deep Publication.
Dalayer and Subnis, Co-operation in Maharashtra
Patnaik and Roy, Co-operation and Co-operative Management, Kalyani Publishers, New Delhi.
PAPER PATTERN
S.Y.B.COM.: Co-operation (Applied Component Paper)
Internal and External Examination for Semesters III and IV

Internal Examination

The Internal Examination will be of 25 marks and is split into –

i. Test Paper of 20 marks consisting of questions of objective types.
ii. 5 marks for responsible behavior and active class participation

External Examination

Question Paper Pattern for Semester End Examination.

There will be Five questions in all. All the questions are COMPULSORY and will have internal
choice. (Total 75 marks)

Q1. Module I (Total marks 15)

Three questions: A BC.
Attempt any Two

Q2. Module II (Total marks 15)

Three questions: A BC.
Attempt any Two

Q3. Module III (Total marks 15)

Three questions: A BC.
Attempt any Two

Q4. Module IV (Total marks 15)

Three questions: A BC.
Attempt any Two

Q5. Modules I to IV (Total marks 15)

a. True or False with reasons. Attempt any Four out of Eight: Two from each module. (2 marks each)
b. Choose the correct option. Attempt any Seven out of Twelve: Three from each module. (1 mark
each)
(6 pages) Reg. No. : .........................................

Code No. : 20378 E Sub. Code : JACO 11/

SACO 11

B.Com. (CBCS) DEGREE EXAMINATION,

NOVEMBER 2018.

First Semester

Commerce – Allied

BUSINESS ECONOMICS

(For those who joined in July 2016 and afterwards)

Time : Three hours Maximum : 75 marks

SECTION A — (10  1 = 10 marks)

Answer ALL the questions.

Choose the correct answer :

1. –––––––––– economics is concerned with the

application of economic concepts and economics to
the problem of formulating rational decision
making
(a) social economy (b) market economy
(c) business economy (d) all the above
 Wk 10

2. Which of the following is the nature of business

economics?
(a) Identification of the problem
(b) a statement of alternative solution to the
problem
(c) choosing the best solution consistent will out
firms objectives
(d) all the above

3. The major part of managerial decision-making

depends on
(a) Demand forecasting
(b) Cost analysis
(c) Profit forecasting
(d) Capital management

4. If demand of the commodity changes with the

change in price it is known as ––––––––––
(a) Price elasticity (b) Income elasticity
(c) Cross elasticity (d) None of the above

5. The income demand curve slops

(a) downwards to the right
(b) downwards to the left
(c) upwards to the right
(d) upwards to the left
Page 2 Code No. : 20378 E
6. The total volume of goods produced during
specified period of time is called ––––––––––
(a) Total product (b) Marginal product
(c) Average product (d) None of the above

7. According to the law of increasing returns,

average product ––––––––––
(a) Increase (b) Decreases
(c) Remains constant (d) None of the above

8. Large number of seller is ––––––––––

(a) Monopoly (b) Perfect competition
(c) Oligopoly (d) Duopoly

9. Difference between the price which we are willing

to pay and the price we actually pay for a
commodity
(a) Consumer's equilibrium
(b) Consumer's surplus
(c) (a) and (b)
(d) None of the above

10. ––––––––––pricing results in alternative

inefficiency not enough output is produced
(a) monopoly (b) oligopoly
(c) perfect competition (d) all of the above

Page 3 Code No. : 20378 E

 Wk 10

SECTION B — (5 × 5 = 25 marks)

Answer ALL questions, choosing either (a) or (b).

Each answer should not exceed 250 words.

11. (a) Explain Adam smith definition of economics.

Or
(b) Describe the social responsibilities of a
business firm.

12. (a) State and explain ‘‘Law of Returns’’.

Or
(b) What is elasticity of demand? Explain it.

13. (a) What are the assumptions of law of

diminishing utility?

Or
(b) What are the features of supply curve?

14. (a) What are the features of monopolistic

competition?

Or
(b) Write short notes on oligopoly.

Page 4 Code No. : 20378 E

[P.T.O.]
15. (a) State the various economies of large scale
production.

Or
(b) What are the types of external economies?

SECTION C — (5  8 = 40 marks)

Answer ALL questions, choosing either (a) or (b).

Each answer should not exceed 600 words.

16. (a) ‘‘Business economics facilitates forward

planning and decision making’’- Discuss.

Or
(b) Explain the objectives of business economics.

17. (a) State the examine the law of variable

proportions.

Or
(b) Explain the law of demand.

18. (a) What are the determinants of elasticity of

supply?

Or
(b) Explain the methods of measuring of
elasticity of demand.

Page 5 Code No. : 20378 E

 Wk 10

19. (a) Why the short run average cost curve is

U shaped?

Or
(b) What are the factors determining the
optimum size?

20. (a) Define monopoly. Explain how is price

determined under monopoly.

Or
(b) What is monopolistic competition? How are
price and out put determined under
monopolistic competition?

––––––––––

Page 6 Code No. : 20378 E

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