File Details:

{"filename":"bca-3-sem-business-economics-2102-2022.pdf","description":"This file contains the B.C.A. Third Semester examination paper for Business Economics (Fourth Paper) from 2022. It includes questions on topics such as Business Economics, elasticity of demand, economies of scale, perfect competition, inflation in India, WTO, outsourcing, National Income, monetary policy, and fiscal policy."}

Questions:

  1. Define Business Economics. Explain the nature and scope of Business Economics.
  2. Explain price elasticity of demand. What are the different methods of measuring elasticity of demand?
  3. What do you mean by economies of scale? Explain various internal and external economies of scale.
  4. What is Perfect Competition? How are price and output determined by a firm under perfect competition? Discuss diagrammatically.
  5. What are the main causes of Inflation in India? Suggest measures to control it.
  6. Critically examine the monetary policy of Reserve Bank of India.
  7. Explain the objectives and functions of World Trade Organisation (WTO).
  8. What is outsourcing and how does it work? What are the benefits of outsourcing?
  9. Explain the concept of National Income. How is it measured?
  10. Write short notes on any two of the following: Monopolistic Competition, Causes of Unemployment, Fiscal Policy, Issues of Dumping.
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