DISTANCE EDUCATION
B.B.A. (Banking) DEGREE EXAMINATION, MAY 2017.
PRINCIPLES OF ECONOMICS
(2005 onwards)
Time Three hours Maximum 100 marks
PART A — 8 40 marks)
Answer any FIVE questions.
1. Differentiate between Gross National product and Net
National product.
2. List out the various methods of measuring National
Income.
3. Explain the different types of Elasticity of demand.
4. Write a short note on optimum firm and Representative
firm.
5. Describe the concept of fixed cost and variable cost.
6. Write a note on Bi-lateral monopoly?
7. How is price determined under oligopoly?
8. Give an account of Quasi-rent.
PART B — 15 60 marks)
Answer any FOUR questions.
9. Critically evaluate the Malthusian theory of population.
10. Bring out the important properties of indifference curve
with a suitable diagrams.
Sub. Code
12
DE-157
2
Ws19
11. Examine the Marginal revenue and Marginal costs
concepts with suitable illustration.
12. Describe the price determination under monopolistic
competition.
13. Explain the marginal productivity theory of wages.
14. Critically evaluate the different types of price
discrimination.
15. Explain the laws of variable proportions with table and
chart.