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Important Questions for "business economics":

[1]

  1. Give details of the present position of organizational changes in Indian Businesses.
  2. Compare Indian Leadership Style with other countries. Is Indian Leadership Strong?
  3. Defining organizational culture, describe the functions undergone by it.

[2]

  1. Define Business Economics. Explain its nature and scope.
  2. What do you understand by Inflation? Discuss the causes of inflation in detail.
  3. Explain the main objectives and features of the Export-Import Policy.

[3]

  1. Define Law of Demand and its exceptions. How does it affect price determination?
  2. What are the determinants of equilibrium of a firm and price? Describe.
  3. Distinguish between F.D.I and F.I.I and explain the role of 'Foreign Capital' for developing India.

[4]

  1. Define Price Elasticity of Demand and explain its various degrees. How can it be measured?
  2. Explain the various economies and diseconomies available to large-scale production with suitable examples.
  3. What are the main causes of inflation in India? Suggest measures to control it.

[5]

  1. What is Business Economics? How does it help in managerial decision-making?
  2. Describe the role of demand and supply in price determination of any commodity.
  3. How has demonetization affected the fiscal and monetary policy of the Indian Government since the last year? Discuss.

[6]

  1. What do you mean by Business Economics? Explain the various principles of business economics.
  2. What are the types of demand determinants? Explain in detail.
  3. Explain the latest Export and import policy of Government of India.

[7]

  1. Define Business Economics. Briefly explain the nature, scope, and significance of Business Economics.
  2. Define Price Elasticity of Demand and explain its various degrees. How can it be measured?
  3. Bring out the salient features of oligopoly. How are price and output determined under oligopolistic competition?

[8]

  1. Explain the following concepts: Production Function, Law of Variable Proportions, Fixed Cost and Variable Cost.
  2. What are the factors behind Market Failure? What role can the state play in rectifying the condition of market failure?
  3. What is the role of the WTO as a regulator of global trade? What are its major functions for ensuring free trade?

[9]

  1. Define Business Economics. Explain the nature and scope of Business Economics.
  2. What is Perfect Competition? How are price and output determined by a firm under perfect competition? Discuss diagrammatically.
  3. What is outsourcing and how does it work? What are the benefits of outsourcing?

[10]

  1. Explain the scope of business economics.
  2. What is meant by the working of Price-Mechanism?
  3. Give the difference between Rent and Quasi Rent.

[11]

  1. Give the role of business economics in managing an organization.
  2. Elaborate the statement: 'No cost is a fixed cost in the long run.' What are different types of costs studied in business economics? Also give cost-output relationship in short run.
  3. Explain cross elasticity with example.

[12]

  1. State and explain the law of variable proportion with the help of a suitable diagram.
  2. Define Production Possibility curve and discuss its uses.
  3. What are the features of the business cycle?

[13]

  1. What is Business Economics? Define and explain.
  2. Distinguish between perfect competitive and imperfectly competitive markets.
  3. Discuss the different phases of a business cycle.

[14]

  1. Differentiate inferior goods and Giffen goods.
  2. Define average product and marginal product.
  3. Define MNCs and explain their merits and demerits in the Indian economy.

[15]

  1. Discuss the difference between change in demand and shift in demand.
  2. Discuss the properties of an isoquant.
  3. Explain the law of variable proportion with the help of a suitable diagram.

[16]

  1. Explain the law of supply with the help of a suitable diagram.
  2. Differentiate between cross elasticity and income elasticity.
  3. Explain the concept of a dominant strategy using the example of a Prisoner's Dilemma game.

[17]

  1. What are the central problems of an economy?
  2. What do you understand by Perfect Competition? How is price determined in this market?
  3. What are the main objectives of monetary policy? What are the limitations of monetary policy in an underdeveloped economy?

[18]

  1. Explain the law of demand and its determinants.
  2. Explain the concept of globalization. Discuss its advantages and disadvantages.
  3. Illustrate the circular flow of income in a four-sector economy.

[19]

  1. What is the law of supply? Explain with examples.
  2. Explain the concept of limitations in Economics.
  3. What are the methods of credit control by the Central Bank?

[20]

  1. Define the functions of Central Bank.
  2. Discuss the characteristics of perfect competition.
  3. Define various methods of exchange rate determination.

[21]

  1. What does GDP at market price mean?
  2. What type of tax is Income Tax - Direct or Indirect?
  3. What is balance of Trade? Distinguish between current account and capital account in balance of payments.

[22]

  1. What is the difference between trade balance and balance of payments?
  2. What is law of diminishing marginal utility? Explain its importance and limitations.
  3. What is the function of money?

[23]

  1. Describe any two factors that affect price elasticity of demand.
  2. What is meant by the law of increasing returns?
  3. Where is the equilibrium price determined?

[24]

  1. What do you understand by Micro-economics?
  2. Explain any two functions of money.
  3. What do you mean by credit control? Explain the methods of credit control by Central Bank.

[25]

  1. What do you mean by Business Economics?
  2. Explain the characteristics and scope of Business Economics.
  3. Define Market and explain various types of market.

[26]

  1. Explain the Nature of Business Economics.
  2. Discuss the relationship of Business Economics with other subjects.
  3. What are the Laws of return to scale?

[27]

  1. Explain the concept of elasticity of demand with its application.
  2. Give the difference between the different forms of market.
  3. Write an essay on TRIPS.

[28]

  1. What is the law of demand?
  2. Discuss the various types of inflation.
  3. Define monetary policy and explain its various components.

[29]

  1. Explain the law of supply.
  2. Explain the properties of indifference curve.
  3. Discuss the features of monopolistic competition.

[30]

  1. What are the major advantages and disadvantages of globalization?
  2. What are internal and external economies and diseconomies of scale?
  3. How do you define a multinational corporation? What are the social, political, economic and cultural effects of MNCs on the host countries?

[31]

  1. Discuss the statement: 'Business Economics is the study of behaviour of firms in theory and practice.'
  2. What is Trade Cycle? Explain its function.
  3. Explain and illustrate the difference between Monopoly and Oligopoly regarding pricing and output.

[32]

  1. Discuss the scope of Business Economics.
  2. Define the objectives of W.T.O.
  3. What are the various types of Internal Economics available to a firm?

[33]

  1. What are the characteristics of perfect competition?
  2. Discuss about Exim policy in detail.
  3. What measures would you suggest for removing unemployment?

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