Business Economics-II

St. Joseph’s College of Commerce B.Com. 2013 II Sem Business Economics II Question Paper PDF Download

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St. Josephs College of Commerce (Autonomous)

End Semester ExamINATION – MARCH /  april 2013

BCOM – II Semester

Business  Economics – II

Time:  3hours                                                                                         marks: 100

Section – A

  1. Answer ALL the following questions.        (10×2 =20)

 

  1. Explain any two objectives of Pricing.
  2. What is meant by Balance of Trade?
  3. Give any two examples of a monopoly market.
  4. What is meant by Price Rigidity?
  5. What is Full Cost Pricing?
  6. What is foreign private investment?
  7. What is meant by Untied Aid?
  8. What is meant by Depression?
  9. Give the meaning of Deflation.
  10. What is meant by Exchange Control?

 

Section – B

 

  1. II) Answer any FOUR of the following questions. (4 x 5 =20)

 

  1. Explain the main feature of perfect competition in brief
  2. Explain the concept of dumping? State the merits and demerits of dumping.
  3. What is a Budget? Explain the different types of Budget
  4. Explain demand pull and cost push inflation.
  5. Mention any four features of a Multi National Company.

 

Section – C

 

  • Answer any three of the following questions.            (3×15 =45)

 

  1. Explain the price and output of a Monopolistic Competitive Firm with a Diagram?
  2. What is Monetary Policy? State the Various quantitative instruments of Monetary Policy.
  3. Explain the various measures to correct the Disequilibrium in the BOP.
  4. State any five methods of Pricing?

                                                                                                                  P.T.O…..

 

 

Section – D

  1. Case Study – Compulsory question.        (15 marks)

Dumpkin pizzas are very famous in Bangalore.  It  is customized according to each customers’ tastes.  It  was founded by Mr Romaan in the year 2002.  He started his outlet in a small suburb of Bangalore.  Initially he did not find many takers for his pizzas and Burgers. Slowly his business picked up.  When the new players like Dominos and Crackles  and the others, came in the competition became stiff.  Though Romaan had a sizeable market share he had to fix his price which was fixed by Crackle, since crackle was the leader in the market.

He slowly ventured into manufacturing readymade spices, an all new venture, which just caught up  like  wild fire, spreading across various states. In the meantime, he also continued with his manufacture of pizzas. Seeing phenomenal profits in the spice market, he wanted to venture to other countries, where he knew the demand would be preferably very high for spice. One major strategy which he did was to reduce the price of the spices phenomenally in foreign countries, but he kept a reasonably high price for his spices in the home market. It once again saw him scaling heights as far as his profits and market share of spices were concerned even in the foreign countries.

Questions:

1.Name the pricing method followed by Dumpkins  while selling their pizza initially?

  1. Name the market strategy of Romaan in the foreign market? State any one reason why he would have followed this strategy.
  2. Name and explain the pricing method followed by Romaan when he priced his spice in the foreign market.

 

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St. Joseph’s College of Commerce B.Com. 2014 II Sem Business Economics – II Question Paper PDF Download

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  1. JOSEPHS COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH / APRIL 2014

BCOM – II SEMESTER

BUSINESS ECONOMICS – II

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

 

  1. I) Answer ALL the questions. Each carries 2 marks.                          (2 x 10 =20)

 

  1. Define a Market.
  2. What do you understand by the term oligopoly?
  3. Explain the concept of price leadership?
  4. What is dual pricing?
  5. State any 2 characteristics of Business cycles.
  6. Mention the components of capital account?
  7. Give the meaning for the term ‘ Exchange Depreciation’?
  8. What are the major reasons for BOP crisis in 1990?
  9. Name any two countries with highest foreign direct investments/destination.
  10. Differentiate between Balance of payments and Balance of trade.

 

                                                SECTION – B

  1. II) Answer any FOUR Each carries 5 marks.                           (4×5=20)
  2. Define monopolistic competition. Discuss the various important features of monopolistic competition.
  3. What is marginal cost pricing? State its advantages & disadvantages?
  4. Explain non-monetary measures to correct disequilibrium in BOP.
  5. What do you understand by the term foreign aid? Explain briefly the advantages of foreign aid in India.
  6. Discuss the various causes of business cycles.
  7. Explain the cost push and demand pull inflation.

 

SECTION – C

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. Define monopoly? Explain how equilibrium is determined under monopoly with the help of relevant diagrams.
  2. What is the meaning of pricing? Explain any four methods of pricing.
  3. Define Multi-National Corporations. Explain the merits & demerits of Multi National Companies’.
  4. Discuss the salient features of the Exim policy of 2002-07.
  5. Explain the quantitative credit control methods of the monetary policy?

 

SECTION – D

 

  1. IV) Case study- Compulsory questions. (15 marks)

 

  1. A leading theatre has two types of patrons: College students & seniors citizens. The college students will witness the play if the price is Rs.200 or less. And senior citizens will witness the show if the price is 100 or less. The total theatre capacity is 500 & cost for each show is same. If the organizer wants to maximises his profits by following price discrimination policy. Find his profits and suggest strategies.

 

Questions:

 

  1. a) If they are 50 students & 30 seniors citizens find the profit when

(i)    The theatre charges uniform price Rs.100

(ii)   Rs.200 or

(iii)  If the theatre resorts to price discrimination by charging Rs.200 for               students & Rs.100 for senior citizen. What are the effects of price           discrimination?

 

  1. b) If the theatre does not resort to price discrimination. Instead why should it not charge a price?

(i)   Less than 100

(ii)  Price between 100 to 200

(iii) Price greater than 200

 

  1. c) If the theatre further wants to maximise its profits what are the alternative price discriminating strategy should it adopt to attract both the groups?

 

(5+5+5)

 

 

 

St. Joseph’s College of Commerce II Sem Business Economics – II Question Paper PDF Download

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st. joseph’s college of commerce (autonomous)
END SEMESTER EXAMINATION – MARCH /APRIL 2015
BCom  – II SEMESTER
C1 11 204: BUSINESS ECONOMICS – II
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                       (10×2=20)
  1. State any two examples of industries where Oligopoly is predominant.
  2. Explain the term Dual Pricing.
  3. Through a diagram, explain equilibrium of a Monopoly firm.
  4. Explain two conditions for firms to be in equilibrium in the long run period.
  5. What is meant by Dumping? State its significance in International Trade.
  6. State the difference between BOP and BOT.
  7. Name any four Indian Multinational Companies.
  8. What is meant by Tied aid?
  9. State any two factors that influence pricing with an example.
  10. Differentiate between monopoly and monopolistic competition.

 
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                     (4×5=20)
  11. State the difference between Devaluation and Exchange Depreciation.
  12. Explain the features of Perfect Competition.
  13. Explain Demand Pull Inflation with the help of a figure.
  14. Differentiate Direct taxes and Indirect taxes.
  15. What is a Budget?  When is a deficit budget followed by a Country?
  16. Explain the merits and demerits of Foreign Direct investment.
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks                           (3 X 15=45)
  17. Explain any FIVE pricing methods with suitable examples.
  18. Determine the price and output of a Discriminatory Monopolist.
  19. What is Monetary policy? Explain the various quantitative instruments of the monetary policy.
  20. Is Disequilibrium an emergency problem of a Country?  What are the measures practiced to solve the disequilibrium in the Balance of Payments?
  21. Explain how time as an element influences the price and output of a firm under Perfect Competition.
 

 

 

 

SECTION – D
IV) Case Study                                                                                                          (1×15=15)                                                                                           
  22. Cartel in the Global Economy:

 

In 2004 the OPEC comprised 11 countries namely Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria Qatar, s Arabia, UAE  and Venezuela.  The OPEC acquired a high degree of monopoly power through cartel-an official agreement among the oil producing member countries, thereby to restrict the output.  Historically the OPEC did not make any direct attempt to raise the overall level of global prices.  1970 onwards the OPEC realized the strength of their cartel in collective deliberations and coordinated actions to raise the oil prices.  Through output quotas and supply restrictions of the OPEC, oil prices increased from $1.10  to $11.50 per barrel and it became $ 34.00 by late 1970s.  since then there has been a rising trend of oil prices attributed to OPEC. Control over the supply against the rising demand for oil from time to time.  The OPEC cartel has thus succeeded in pushing up the world oil prices above $199 per barrel in recent years.    The members meet regularly to deal with the problem of excess capacity as growing of supply against the falling demand.    Despite the emerging difficulties such as new entry of producers, like Russia and Norway, deviations in quota reinforcements, the OPEC has succeeded in its operations by and large in managing to reinforce its market positions in the global oil sector.

 

The OPEC through its increased profit shares has been able to manage and survive in retaining its dominance as the price leader in the global market against all odds.  The OPECs success lies in its natural advantage of dominant ownership of huge oil reserves, high productive capacity and low cost of production and rising profit shares of its members in the global markets.

 

a. Name the different types of price leadership? Who is called a dominant price leader? Is OPEC a dominant leader?

b. Has the cartel of OPEC been successful?  If yes, state the various reasons.

c.  Are cartels necessary between traders? if yes why?

 

 

 

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St. Joseph’s College of Commerce 2016 II Sem Business Economics -Ii Question Paper PDF Download

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REG NO:

 

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (Regular) – II SEMESTER
C115AR203 : BUSINESS ECONOMICS -II
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. State the difference between Tied aid and untied aid.
  2. What do you mean by administered price?
  3. State the features of monopoly.
  4. Mention the tools of Fiscal policy.
  5. What are selling cost?
  6. Mention any two objectives of pricing policy.
  7. Describe main features of oligopoly.
  8. Distinguish between balance of trade and balance of payments.
  9. Mention any two advantages and disadvantages of Foreign Direct Investment.
  10. Comment on penetration price policy.
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. What is meant by monopolistic competition market? Describe its characteristics?
  12. Explain the general considerations involved in pricing policy.
  13. Distinguish between Devaluation & Exchange Depreciation.
  14. Define inflation.  Briefly explain any four different types of inflation.
  15. Discuss the various factors involved in determining the amount of Foreign aid for Economic development.
  16. Indicate various items in the balance of payments of a country.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Analyse carefully the conditions of equilibrium of an individual firm under perfect competition both in the short run and the long run periods. Illustrate your answer with diagrams.
  18. Briefly explain the characteristics of different phases of business cycles.
  19. Explain the main instruments of monetary policy for promoting economic development with stability?
  20. Explain price and output of a discriminatory monopolist, with the help of  suitable figures.

 

 

 

 

 
  21. Write short notes:

a.      Three method of pricing.

b.      Private Foreign Investment

c.       Multinational Corporation

 
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. As per the official figures, Zimbabwe’s inflation has recently hit an annual rate of almost 1, 65,000% in February 2015, Continuous shortage of food and fuel pushed up the inflation from January’s rate of 100000%.

 

About 80% of the country’s population lives in poverty and it is estimated that three million people have left the country for a new life in other countries of South Africa.

 

The economy has been in trouble for several years, with supplies of basic foodstuff, cooking oil and petrol running low. The central bank introduced new banknotes to cope with the spiraling prices and issued 10 million Zimbabwe dollar notes.

 

Questions:

 

a. What type of inflation is referred to this article?

b. Identify the adverse effects of inflation on the economy of the country?

c. Discuss the ways through which the government could control inflation in Zimbabwe?

(2+5+8)

 

 

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