Fundamentals of Economics 2018 Question Paper — Government College of…
The 2018 Fundamentals of Economics previous year question paper (Government College of Engineering and Technology, Jammu), with every question and its marks.
- University: Government College of Engineering and Technology, Jammu
- Subject: Fundamentals of Economics
- Course: Engineering Economics
- Branch: CIVIL ENGINEERING
- Year: 2018
- Paper: end-term
- Duration: 180 minutes
- Total marks: 100
Instructions
- Attempt five questions in all selecting at least two questions from each section.
- All questions carry equal marks.
Questions
SECTION - A
- Q1. Define demand and discuss the methods of measuring price elasticity and cross elasticity of demand.
- Q2. Critically explain the Law of Equi - Marginal Utility.
- Q3. With the help of a table explain the concept of total fixed cost, total variable cost and total cost.
- Q4. Explain law of variable proportion. Give it's assumptions and limitations.
SECTION - B
- Q5. Elucidate the meaning of national income and explain the methods of measuring national income in India.
- Q6. What are the main causes of business cycle and explain phases of business cycle.
- Q7. Describe the functions of Central Bank and discuss methods to control credit.
- Q8. Write short notes on: i) Law of returns to scale ii) Money cost and opportunity cost
Related pages
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- Fundamentals of Economics 2018 question paper — end-term
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- Fundamentals of Economics 2018 question paper — end-term
- Fundamentals of Economics 2018 question paper — end-term
- Fundamentals of Economics 2018 question paper — end-term