File Details:

Questions:

1. What is income elasticity of demand?
2. Define economies of scale.
3. Explain short-run cost analysis.
4. What is EXIM policy?
5. Draw and explain the production possibility curve.
6. Explain the implications of freedom of entry and exit of firms under perfect competition.
7. Explain the implications of large number of buyers and sellers under perfect competition.
8. Explain the concept of elasticity of demand with its application.
9. What are the central problems of distribution in an economy?
10. Give the difference between the different forms of market.
11. Explain the output determination under perfect competition.
12. What are the characteristics of oligopoly market?
13. Draw and explain the kinked demand curve under oligopoly.
14. Explain monetary policy with its components.
15. Write an essay on TRIPS.