Exam Details
| Subject | Business Economics | |
| Paper | ||
| Exam / Course | Bachelor of Arts (Psychology) | |
| Department | Centre for Corporate Education, Training & Consultancy (CCETC) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | June, 2016 | |
| City, State | new delhi, |
Question Paper
No. of Printed Pages: 2
IBRS-OOSI
BACHELOR OF BUSINESS ADMINISTRATION
(RETAIL SERVICES)
(BBABS)
Term-End Examination
J0020 June, 2016
BRS-003 BUSINESS ECONOMICS
Time hours Maximum Marks: 100
Note: Attempt any five questions maintaining choice indicated. All questions carry equal marks.
1. Explain the concept of elasticity of demand. What are the factors that influence elasticity of demand How do you measure elasticity of demand? 20
2. Distinguish between fixed cost and variable cost. Give suitable examples to illustrate the concepts.
Distinguish between marginal cost and average cost. Draw an appropriate diagram. 20
3. What is meant by market Explain in brief the types and structures of markets that we come across in an economy.
4. Explain the conditions under which a perfectly competitive firm achieves equilibrium. Use appropriate diagrams. 20
5. Explain the conditions under which a monopolistic firm achieves equilibrium. Can there be supernormal profits in the long run in a monopolistic competitive market? 20
6. What are the factors that influence supply of and demand for labour? How does equilibrium take place in the labour market? 20
7. What is meant by business cycle What are the phases of a business cycle What corrective measures should be taken to counter business cycle? 20
8. Explain any two of the following with suitable examples; 2x10=20
Mixed Economy
Role of Financial Sector
Methods of Demand Forecasting
IBRS-OOSI
BACHELOR OF BUSINESS ADMINISTRATION
(RETAIL SERVICES)
(BBABS)
Term-End Examination
J0020 June, 2016
BRS-003 BUSINESS ECONOMICS
Time hours Maximum Marks: 100
Note: Attempt any five questions maintaining choice indicated. All questions carry equal marks.
1. Explain the concept of elasticity of demand. What are the factors that influence elasticity of demand How do you measure elasticity of demand? 20
2. Distinguish between fixed cost and variable cost. Give suitable examples to illustrate the concepts.
Distinguish between marginal cost and average cost. Draw an appropriate diagram. 20
3. What is meant by market Explain in brief the types and structures of markets that we come across in an economy.
4. Explain the conditions under which a perfectly competitive firm achieves equilibrium. Use appropriate diagrams. 20
5. Explain the conditions under which a monopolistic firm achieves equilibrium. Can there be supernormal profits in the long run in a monopolistic competitive market? 20
6. What are the factors that influence supply of and demand for labour? How does equilibrium take place in the labour market? 20
7. What is meant by business cycle What are the phases of a business cycle What corrective measures should be taken to counter business cycle? 20
8. Explain any two of the following with suitable examples; 2x10=20
Mixed Economy
Role of Financial Sector
Methods of Demand Forecasting
Other Question Papers
Departments
- Centre for Corporate Education, Training & Consultancy (CCETC)
- Centre for Corporate Education, Training & Consultancy (CCETC)
- National Centre for Disability Studies (NCDS)
- School of Agriculture (SOA)
- School of Computer and Information Sciences (SOCIS)
- School of Continuing Education (SOCE)
- School of Education (SOE)
- School of Engineering & Technology (SOET)
- School of Extension and Development Studies (SOEDS)
- School of Foreign Languages (SOFL)
- School of Gender Development Studies(SOGDS)
- School of Health Science (SOHS)
- School of Humanities (SOH)
- School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
- School of Journalism and New Media Studies (SOJNMS)
- School of Law (SOL)
- School of Management Studies (SOMS)
- School of Performing Arts and Visual Arts (SOPVA)
- School of Performing Arts and Visual Arts(SOPVA)
- School of Sciences (SOS)
- School of Social Sciences (SOSS)
- School of Social Work (SOSW)
- School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
- School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
- School of Translation Studies and Training (SOTST)
- School of Vocational Education and Training (SOVET)
- Staff Training & Research in Distance Education (STRIDE)
Subjects
- Basic Social Anthropology
- Business Accounting
- Business Communication - I (Language Skills)
- Business Communication-2 (Interpersonal Communication Skills)
- Business Economics
- Business Economy And Indian Retail Environment
- Business Information Systems And Applications
- Business Organization AndManagement
- Category Management
- Consumer Behaviour
- Developmental Psychology
- E - Retailing
- Environmental psychology
- Financial Management
- Forensic psychology
- General Psychology
- Human Resources Management
- Industrial and organizational Psychology
- Introduction to counseling Psychology
- Legal Framework Consumer Right And Corporate Governance
- Motivation and emotion
- Neuropsychology
- Principles Of Marketing
- Psychopathology
- Research Methods In Psychology
- Retail Behaviour (Processes And Floor Management)
- Retail Economics And Space Productivity
- Retail HR
- Retail Information Technology
- Retail Marketing And Visual Merchandise
- Retail Operations Management
- Sales And Customer Service
- School psychology
- Social psychology
- Statistics In Psychology
- Supply Chain Management
- Theories of personality