Loyola College General Economics Question Papers Download
Loyola College B.Sc. Statistics April 2006 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Sc./B.COM. DEGREE EXAMINATION – STATISTICS /COMMERCE
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SECOND SEMESTER – APRIL 2006
EC 2103 – GENERAL ECONOMICS
(Also equivalent to EC 3103/ECO 103)
Date & Time : 27-04-2006/1.00-4.00 P.M. Dept. No. Max. : 100 Marks
PART – A
Answer any FIVE questions in about 75 words each. (5 ´ 4 = 20 Marks)
- Distinguish between cardinal utility analysis and ordinal utility analysis?
- What do you understand by Oligopoly?
- What is meant by effective demand?
- Write short notes on Average Propensity to Consume and Marginal Propensity to Consume.
- What are the components of high-powered money?
- Distinguish between fees and license fees.
- Define Budget.
PART – B
Answer any FOUR questions in about 250 words each. (4 ´ 10 = 40 Marks)
- Briefly explain the various concepts of national income analysis.
- Analyse the innovation theory of profit.
- Bring out the implications of Keynes psychological law of consumption.
- Distinguish between (a) Capital and investment (b) Financial investment and Real investment (c) Autonomous investment and Induced investment.
- Explain the determinants of money supply.
- Elaborate the various credit control methods.
- Elucidate the various types of budget. What are the qualities of a good budget?
PART – C
Answer any TWO questions in about 900 words each. (2 ´ 20 = 40 Marks)
- State and explain the price-output determination under perfect competition
- Briefly explain the law of variable proportion.
- Explain the various factors influencing consumption expenditure.
- Trace the evolution of money and also explain the functions of money.
Loyola College B.Com April 2007 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – COMMERCE
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SECOND & THIRD SEMESTER – APRIL 2007
EC 2105 – GENERAL ECONOMICS
(Also equivalent to EC 2103/3103)
Date & Time: 23/04/2007 / 1:00 – 4:00 Dept. No. Max. : 100 Marks
SECTION –A
Answer any FIVEof the following in 75 words (5×4=20 )
1.Write short notes on utility,want and demand.
2.How is equilibrium of a firm determined?
3.Explain the components of personal income.
4.What is selective credit control?
5.How can inflation be a sign of prosperity?
6.Explain the concept of non – developmental expenditure.
7.What is an iso-quant ?
SECTION – B
Answer any FOUR of the following in 300 words (4×10=40)
8.Discuss the exceptions to the law of demand
9.How does the central bank control credit?
10.Explain the broader and narrow definition of money.
11.Distinguish between direct and indirect taxes.
12.What are the determinants of velocity of money ?
13.Discuss the difficulties encountered in barter system.
14.Explain the features of perfect competition .
SECTION – C
Answer any TWO of the following in 900 words (2×20=40)
15.Elaborate the functions of commercial banks .
16.Discuss how income is determined in a two sector model.
17.Explain the determinants of consumption ,savings and investment
18.Discuss the significance of various costs & revenue concepts in production.
Loyola College B.Com April 2012 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A., B.COM., DEGREE EXAMINATION – BUSIN.ADMIN., & COMM.
FOURTH SEMESTER – APRIL 2012
EC 4207 / 4204 – GENERAL ECONOMICS
Date : 19-04-2012 Dept. No. Max. : 100 Marks
Time : 1:00 – 4:00
Part-A
Answer any FIVE questions in about 75 words each : (5X4 = 20)
- Define demand and supply.
- What are indifference curves?
- Write a short note on relative income hypothesis.
- What is marginal efficiency of capital?
- What is meant by velocity of money?
- Distinguish between main budget and supplementary budget.
- Define Inflation.
Part-B
Answer any Four questions in about 250 words each: (4X10=40)
- Explain the law of supply using a suitable illustration.
- Bring out the trends of Public Expenditure.
- Illustrate the determination of price in perfect competition.
- Examine the role of Central Bank in India.
- Explain the factors of production.
- Discuss the features of monetary policy in India.
- Explain the various methods of measuring national income.
Part-C
Answer any Two questions in about 900 words each : (2X20=40)
- Examine the Keynesian theory of employment and output.
- Explain the different classification of money.
- Discuss the causes of inflation. How can it be controlled?
- Discuss the various components of the budget.
Loyola College B.Com April 2012 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.COM. DEGREE EXAMINATION – COMMERCE
SECOND SEMESTER – APRIL 2012
EC 2105 – GENERAL ECONOMICS
Date : 23-04-2012 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
PART – A
ANSWER ANY FIVE QUESTIONS IN ABOUT 75 WORDS EACH: (5 X 4 = 20Mks)
- Define Economics in the words of Adam Smith.
- Differentiate micro and macro economics
- What is high powered money?
- State the kinds of cost.
- Write any four assumptions of consumption function.
- What is demand schedule?
- Define Money.
PART – B
ANSWER ANY FOUR QUESTIONS IN ABOUT 300 WORDS EACH: (4 X 10 = 40Mks)
- Discuss the various methods of measuring National Income.
- Explain the functions of commercial bank.
- Explain the origin and evolution of money.
- Elaborate the various types of demand.
- What is budget? Bring out its various kinds.
- Distinguish between developmental and non-developmental budget.
- Explain the types of inflation.
PART – C
ANSWER ANY TWO QUESTIONS IN ABOUT 900 WORDS EACH: (2 X 20 = 40Mks)
- What is demand? Explain the various types in elasticity of demand
- Explain the credit control by central bank.
17 Elaborate the various concepts of National Income.
- Explain the functions of money.
Loyola College B.Com April 2012 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Sc. B.COM. DEGREE EXAMINATION – STATS & COMMERCE
THIRD SEMESTER – APRIL 2012
EC 3105/3103 – GENERAL ECONOMICS
Date : 28-04-2012 Dept. No. Max. : 100 Marks
Time : 9:00 – 12:00
Part – A
Attempt any 5 questions in 75 words each: (5 x 4 = 20)
- What is demand? What are the factors determining demand function?
- What is iso-quant? What are the properties of it?
- What is NNP? Differentiate NNPMP and NNPFC.
- What is ‘demonstration effect’? Give an example.
- Define ‘money’ and ‘near money’. Give examples.
- What is inflation? What are the types of inflation?
- What are the rules to be followed in the preparation of the budget?
Part – B
Attempt any 4 questions in 250 words each: (4 x 10 = 40)
- Discuss the economic problems with production possibility curve?
- What is law of demand? Discuss movements Vs shifts of demand curve with suitable diagrams.
- Discuss the difficulties in the measurement of National Income.
- What is consumption function? Estimate APC and MPC from the given data and represent diagrammatically.
2010 | 2011 | |
Income (Y) | 20000 | 30000 |
Consumption (C) | 15000 | 20000 |
- What are the limitations on the power of banks to create credit?
- What are the four measures of money supply in India? Explain them.
- Discuss the merits and demerits of direct and indirect taxes.
Part – C
Attempt any 2 questions in 1200 words each: (2 x 20 = 40)
- Discuss the traditional theory of short – run cost functions (TCs, ACs and MC) with suitable diagrams.
- Define MEC and MEI. Discuss the determinants of investment by Keynes. Suppose the price of machine is Rs. 2, 00,000, the expected rate of return for the next four years are as Rs. 80,000, Rs. 70,000, Rs. 60,000 and Rs. 50, 000 respectively and the rate of interest is 5 per cent. Estimate the viability of a project from the given data through present value method.
- Discuss the different functions of a Central Bank.
- Discuss the developmental and non-developmental expenditures on revenue and capital account with recent projections in India.
Loyola College B.A. Economics April 2003 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034.
B.B.A / B.A. corporate – DEGREE EXAMINATION
FourTH SEMESTER – APRIL 2003
EC 4204 / ECO 204 – GENERAL ECONOMICS
29.04.2003
9.00 – 12.00 Max : 100 Marks
PART – A (5´ 4=20 marks)
Answer any FIVE questions in about 75 words each.
- Write a short note on Indifference curve.
- What is production function?
- Distinguish between Gross National Product and Net National Product.
- What is meant by Average Propensity to Consume?
- What is meant by Open market operation?
- Explain the term ‘Liquidity Trap’.
- What is meant by Deficit financing?
PART – B (4´ 10=40 marks)
Answer any FOUR questions in about 250 words each.
- What is meant by by Division of Labour? What are the advantages and Disadvantages of Division of Labour?
- Explain the Ricardian theory of Rent.
- Explain the objective factors influencing the level of consumption expenditure.
- State and explain the Concept Marginal Efficiency of Capital.
- Explain the factors affecting supply of money.
- Explain the various types of qualitative credit control weapons.
- Define budget and explain various types of budget.
PART – C (2´20=40 marks)
Answer any TWO questions in about 900 words.
- Explain the Law of Variable Proportion.
- Explain the Keynesian theory of Income and Employment.
- How do banks create credit? What are the limitations on the power of banks to create credit?
Loyola College B.A. Economics Nov 2012 General Economics Question Paper PDF Download
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034 |
Date |
Time |
: |
: |
03/11/2012 |
1 :00 – 4 :00 |
Dept.No. |
Max. : 100 Marks |
B.Com. DEGREE EXAMINATION – COMMERCE |
FIRST SEMESTER – NOVEMBER 2012 |
EC 1101 – GENERAL ECONOMICS |
PART – A
Answer any FIVE questions in about 75 words each: (5 x 4 = 20)
- State Robbins scarcity definition.
- Is market demand affected by price expectations? – Explain.
- What are the FIVE types of price elasticities?
- Distinguish between GNP and GDP.
- Write a short note on Marginal Propensity to Consume.
- Bring out the relationship between MC and AC curves.
- Define and briefly explain the term ‘Velocity of Money’.
PART – B
Answer any FOUR questions in about 300 words each: (4 x 10 = 40)
- Explain the deductive and inductive methods and their uses.
- Enumerate the merits and demerits of direct and indirect taxes.
- ‘The demand curve need not always be a downward sloping curve’ – Explain.
- Give an account of the various features of Perfect Competition.
- Explain the ‘Objective Factors’ that influence the consumption function.
- Explain the various features of labour as a factor of production.
- Analyse the functions of money.
PART – C
Answer any TWO questions in about 900 words each: (2 x 20 = 40)
- Explain in detail how the Central Bank controls Money Supply.
- Illustrate the long-run and short-run equilibrium in a Monopoly market.
- Explain the various methods of measuring National Income and enumerate the difficulties in measuring National Income.
- What are the causes of inflation and suggest remedies?