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Bcom 1st year economics important questions?

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January 19, 2012 7:02PM

ECONOMICS (BC - 303)

IMPORTANT QUESTIONS FOR B. COM. PART 1

(Secession 2010 - 11)

By: Ahsan Khan (Lecturer) (0300-8046243) ahsankhaneco@yahoo.com

SR. #

QUESTIONS

PAGE #

01

Explain the Law of Diminishing Marginal utility with the help of schedule and diagram.

27

02

Explain the Consumer's Equilibrium through Indifference Curve Analysis.

46

03

Define Elasticity of Demand. How it can be measured?

65

04

Explain the law of Variable proportion with the help of Schedule and Diagram.

105

05

What is monopoly? How is price and output determined under monopoly?

145

06

Discuss in detail the Liquidity Preference Theory of Interest?

165

07

Define National Income and explain various methods of its Measurement?

182

08

Cost of Production and Partial Derivatives from Mathematical Economics.

230,255

09

Explain the Law of Equi. Marginal Utility with the help of Schedule and Diagram?

31

10

What is Indifference Curve? Discuss the Major Properties?

39

11

What are the Various Types of Elasticity of Demand? Explain with mathematical examples.

70

12

Explain the Law of Diminishing (marginal) Return with the help of Schedule and Diagram?

108

13

Explain and Illustrate the Cost Curves of the firm in the Short Run and Long Run?

127

14

Define Monopolistic Competition. How Price and Output is Determined under Monopolistic Competition?

150

15

Define Perfect competition. How Price and Output is Determined Under Monopoly?

139

16

Explain the Marginal Productivity Theory with its Criticism?

163

17

Critically Examine the Ricardian Theory of Rent?

169

18

Define National Income and Discuss the Various Concepts of National Income?

179

19

Discuss Various Types and Canons of Taxation?

202,205

20

Differentiate between Zakat and Tax? Also discuss the impact of Zakat.

219,222

Recommended Book:Economics 6th Edition (2011-12)

By: Ahsan Khan