File Details:
{"filename":"bca-3-sem-business-economics-2017.pdf","description":"This file contains the B.C.A. Third Semester examination paper for Business Economics from 2017. It includes questions on topics such as price elasticity of demand, large-scale production, market competition, inflation, trade cycles, fiscal policy, multinational corporations, and international trade organizations."}
Questions:
- Define Price Elasticity of Demand and explain its various degrees. How can it be measured?
- Explain the various economies and diseconomies available to large-scale production with suitable examples.
- How are price and output determined by a firm under perfect competition? Explain.
- Differentiate between monopoly and monopolistic competition. How does a firm determine output and price under monopolistic competition?
- What are the main causes of inflation in India? Suggest measures to control it.
- What do you mean by Trade Cycle? Explain its characteristics and phases.
- What are the objectives of Fiscal Policy? Discuss the main features of the current Indian Fiscal Policy.
- Explain the concept, features, and role of Multinational Corporations in India.
- Explain the objectives and functions of the World Trade Organization (WTO).
- Write short notes on any two of the following: (i) Salient features of oligopoly, (ii) Failures of Monetary Policy, (iii) Reasons for Outsourcing, (iv) Issues of dumping.
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