Exam Details
| Subject | Business Economics | |
| Paper | ||
| Exam / Course | B.Sc Fashion Merchandizing & Retail Management (BSCFMRM) | |
| Department | School of Engineering & Technology (SOET) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2015 | |
| City, State | new delhi, |
Question Paper
00338
No. of Printed Pages: 2 IBFW-041!
B.Sc. FOOTWEAR TECHNOLOGY (BSCFWT)
Term-End Examination
December, 2015
BFW-041 BUSINESS ECONOMICS
Time: 3 hours Maximum Marks: 70
Note: Answer any seven questions. All questions carry equal marks.
1. What do you mean by Business Economics Discuss its scope in detail.
2. Explain with example the 'law of demand' and discuss its main characteristics. What are the exceptions to the law of demand?
3. Define cross elasticity of demand. How do we measure it Show the nature of cross elasticity of demand for substitutes, complementary goods, and independent goods.
4. Define production function and give its importance with the help of an example.
5. Explain fixed costs and variable costs. Also differentiate between them with the help of examples.
6. State and explain the oligopoly competition. Also differentiate between homogeneous and heterogeneous oligopoly.
7. What do you mean by monopoly and monopolistic competition? State with examples.
8. Explain the law of variable proportions with the help of examples.
9. Explain the relation between AC and MC graphically.
10. Write short notes on the following:
Price Discrimination
Characteristics of Perfect Competition
No. of Printed Pages: 2 IBFW-041!
B.Sc. FOOTWEAR TECHNOLOGY (BSCFWT)
Term-End Examination
December, 2015
BFW-041 BUSINESS ECONOMICS
Time: 3 hours Maximum Marks: 70
Note: Answer any seven questions. All questions carry equal marks.
1. What do you mean by Business Economics Discuss its scope in detail.
2. Explain with example the 'law of demand' and discuss its main characteristics. What are the exceptions to the law of demand?
3. Define cross elasticity of demand. How do we measure it Show the nature of cross elasticity of demand for substitutes, complementary goods, and independent goods.
4. Define production function and give its importance with the help of an example.
5. Explain fixed costs and variable costs. Also differentiate between them with the help of examples.
6. State and explain the oligopoly competition. Also differentiate between homogeneous and heterogeneous oligopoly.
7. What do you mean by monopoly and monopolistic competition? State with examples.
8. Explain the law of variable proportions with the help of examples.
9. Explain the relation between AC and MC graphically.
10. Write short notes on the following:
Price Discrimination
Characteristics of Perfect Competition
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
- Applied Science
- Business Communication-I
- Business Communication-II
- Business Economics
- Computer Science
- Consumer Behaviour
- Customer Relationship Management
- Elements of Fashion
- Financial Management
- Franchising
- Fundamentals Of Management
- Fundamentals of Retail-I
- Fundamentals of Retail-II
- Import Export Documentation
- International Retailing
- Introduction To Manufacturing Technique
- Mall Management
- Managerial Economics
- Manufacturing Technique - I
- Manufacturing Technique - Ii
- Marketing Management
- Non-Store Retailing
- Personality Development
- Principles Of Management
- Product Knowledge - I
- Product Knowledge / Material Foundation
- Product Knowledge-Ii
- Retail Banking
- Retail Communication
- Retail Merchandising-I
- Retail Merchandizing - II
- Retail Merchandizing - Iii
- Retail Operations - Ii
- Retail Operations-I
- Retail Organization - I
- Retail Organization Ii
- Retail Planning & Site Selection
- Retail Strategy
- Seles Management
- Supply Chain Management