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: Electronics & Communication 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.
- Each question carries 20 marks.
Questions
Section -A
- Q1. What is price elasticity of demand? How it can be measured? [20 marks]
- Q2. Explain the law of equi-marginal utility. Also give its importance. [20 marks]
- Q3. Why is short run average cost curve U-shaped? Discuss the relationship between the short-run average cost curve and short-run marginal cost curve. [20 marks]
- Q4. Define Production. Explain in detail the law of variable proportions. [20 marks]
Section -B
- Q5. What is National Income? Explain various methods of measuring national income. [20 marks]
- Q6. Discuss the main causes of inflation in India. What remedies do you suggest for its control? [20 marks]
- Q7. Explain the important characteristics of Index numbers. Briefly discuss the problems involved in the construction of index number. [20 marks]
- Q8. What is Stock Market? Explain its functions and significance to investors. [20 marks]
Related pages
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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
- Fundamentals of Economics 2018 question paper — end-term
- Fundamentals of Economics 2018 question paper — end-term
- Fundamentals of Economics 2018 question paper — end-term