DISTANCE EDUCATION
B.B.A. (Banking) DEGREE EXAMINATION,
DECEMBER 2017.
PRINCIPLES OF ECONOMICS
(2005 onwards)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
1. Define national income. Explain GNP and NNP.
2. Write Malthusian theory of popularon.
3. What are the factors that influence law of demand?
4. How economics of scale and diseconomies of scale result
in increasing, constant and decreasing returns?
5. Distinguish between fixed cost and variable cost.
6. What is imperfect of competition?
7. Discuss the keynesian liquidity preference theory of
interest.
8. Explain any two theories of profit.
SECTION B — x 15 60 marks)
Answer any FOUR questions.
9. How national income in India is being assessed? Explain.
10. Explain consumer's equilibrium condition with the help
of indifference curve approach. How will a change in
consumer income affect his equilibrium?
Sub. Code
12
DE-2460
WS
2
11. Explain the role of internal and external economics in
promoting the maximum production in a firm.
12. What do you mean by monopoly? How price is determined
under monopoly?
13. What is meant by price discrimination? Explain various
kinds of price discrimination and the conditions
essentials for it.
14. Discuss the relationship between productivity and wages.
15. Analyse the different theories of rent.
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