Posted by : Ahsan Khan Wednesday, 15 February 2012



ECONOMICS (BC - 303)
IMPORTANT QUESTIONS                          FOR B. COM. PART 1
(Secession                              2011 - 12)
By: Ahsan Khan (Lecturer) (0300-8046243) (ahsankhaneco@yahoo.com) (www.ahsankhaneco.blogspot.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

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