File Details:

Questions:

1. Define Unemployment.
2. Explain Law of Demand.
3. What is Capital Budgeting?
4. Define Firm.
5. What are MNCs?
6. Discuss the statement: 'Business Economics is the study of behaviour of firms in theory and practice.'
7. What is meant by Price Elasticity of Demand? Explain any one method for measuring it.
8. What is Trade Cycle? Explain its function.
9. What is Perfect Competition? Explain price determination under perfectly competitive equilibrium.
10. What is Fiscal Policy? What are its objectives? Explain its role in the economic development of developing countries.
11. What is Globalisation? Discuss the impact of globalisation on Indian Economy.
12. Enumerate the factors which determine the National Income.
13. Explain and illustrate the difference between Monopoly and Oligopoly regarding pricing and output.