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0224

II Semester Five Years B.A.LL.B. Examination, December 2012 ECONOMICS  I Duration : 3 Hours

Max. Marks : 100

Instructions : 1. Answer all 5 questions. 2. One essay type and one short note question or problem from each Unit have to be attempted, which is referred as Part (a) and Part (b) in all the Units. 3. Figures to the right indicate marks. 4. Answers should be written either in English or Kannada completely. UNIT  I Q. No. 1. (a) Discuss the Wealth Definition.

Marks : 15

ÓÜí±Ü£¤®Ü ÊÝÂTæ¿á®Üá° aÜbìÔ. OR/A¥ÜÊÝ Explain the basic problems of Economics.

A¥ÜìÍÝÓÜ÷¨Ü ÊÜáãÆ ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔÄ. (b) Write a short note on :

Marks : 5

q±Ü~ ³ ÃæÀáÄ : Discuss the Scarcity Definition.

PæãÃÜñæ Ô¨ÝíñÜÊÜ®Üá° aÜbìÔ. OR/A¥ÜÊÝ Explain nature and scope of Economics.

A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤ ÊÜáñÜᤠÓÜÌÃÜã±ÜÊÜ®Üá° ËÊÜÄÔ.

P.T.O.

0224

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UNIT  II Q. No. 2. (a) What is supply ? State the law of supply with an illustration and diagram.

Marks : 15

±Ü ä Ãæ ç Pæ Gí¨Ü à æ à ®Ü á ? ±Ü ä Ãæ ç Pæ ¯¿áÊÜ á ÊÜ ® Ü á ° ËÍæ É à ÐÜ O æ ÖÝWÜ ã ÃæàTÝbñÜŨæãí©Wæ £ÚÔ. OR/A¥ÜÊÝ What is Demand ? State the law of Demand with an illustration and diagram.

¸æ à wPæ Gí¨Ü à æ à ®Ü á ? ¸æ à wPæ ¯¿áÊÜ á ÊÜ ® Ü á ° ËÍæ É à ÐÜ O æ ÖÝWÜ ã ÃæàTÝbñÜŨæãí©Wæ £ÚÔ. (b) Write a short note on :

Marks : 5

q±Ü~ ³ ÃæÀáÄ : Explain Elasticity of Demand.

¸æàwPæ Ô§£Óݧ±ÜPÜñÜÌÊÜ®Üá° ËÊÜÄÔ. OR/A¥ÜÊÝ Indifference curve.

L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ. UNIT  III Q. No. 3. (a) What is cost ? Explain various concepts of cost.

Marks : 15

ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜÆ®³ æWÜÙÜ®Üá° £ÚÔ. OR/A¥ÜÊÝ Explain law of Returns and state the 3 types of law of Returns.

±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔ ÖÝWÜã ±ÜÅ£´ÜÆ ¯¿áÊÜá¨Ü Ë«ÜWÜÙÜ®Üá° £ÚÔ.

3

Äࣿá

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(b) Write a short note on :

0224 Marks : 5

q±Ü~ ³ ÃæÀáÄ : Cobb-Douglas Production Function.

Pݸ&vÜWÝÉÓ®Ü Eñݳ¨Ü®Ý ¹íPÜ. OR/A¥ÜÊÝ Law of variable proportions.

ÊÜÂñÝÂÓÝñܾPÜ ±ÜÅÊÜÞ|WÜÙÜ ¯¿áÊÜá. UNIT  IV Q. No. 4. (a) What is Monopolistic Competition ? Under Monopolistic Competition how Price and Output are determined in it.

Marks : 15

ÓÝÌÊÜá¿ááñÜ ±æç±æäàq Gí¨ÜÃæà®Üá ? ÓÝÌÊÜá¿ááñÜ ±æç±æäàq¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñÜ®³ Ü° ¯«ÝìÃÜÊÜ®Üá° £ÚÔ. OR/A¥ÜÊÝ What is Oligopoly ? Explain types and features of Oligopoly.

PæÆg®Ü ÓÝÌÊÜá Gí¨ÜÃæà®Üá ? PæÆg®ÜÓÝÌÊÜáÂ¨Ü Ë«ÜWÜÙÜá ÖÝWÜã ÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ. (b) Write a short note on :

q±Ü~ ³ ÃæÀáÄ : State the short run equilibrium of firm and industry.

E¨ÜÂÊÜá ÊÜáñÜᤠPæçWÝÄPæ¿á AƳPÝÈà®Ü ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° £ÚÔ. OR/A¥ÜÊÝ Explain Price Determination under perfect competition.

±ÜıÜä|ì ±æç±æäàq¿áÈÉ ¸æÇæ ¯«ÝìÃÜÊÜ®Üá° £ÚÔ.

Marks : 5

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UNIT  V Q. No. 5. (a) Critically explain the Keynesian theory.

Marks : 15

Pæà®Õ®Ü Ô¨ÝíñÜÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ËÊÜÄÔ. OR/A¥ÜÊÝ What is macro economics ? State the importance of macro economics in economy.

ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? B¦ìPÜñæ¿áÈÉ ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÊÜáÖÜñÜÌ/±ÝÅÊÜááSÂñæ¿á®Üá° £ÚÔÄ. (b) Write a short note on :

q±Ü~ ³ ÃæÀáÄ : What is National Income ? Explain concept of National Income.

ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜÆ®³ æWÜÙÜ®Üá° £ÚÔ. OR/A¥ÜÊÝ Explain method/measurement of National Income.

ÃÝÑóà¿á B¨Ý¿á¨Ü ÊÜÞ±Ü®Ü Ë«Ý®ÜWÜÙÜ®Üá° £ÚÔ. ________________

Marks : 5

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0224

Second Semester 5 Year B.A. LL.B. Examination, December 2014 ECONOMICS  I Duration : 3 Hours

Max. Marks : 100

Instructions : 1. Answer Q.No. 9 and any five of the remaining questions. 2. Question No. 9 carries 20 marks and the remaining questions carry 16 marks each. 3. Answers should be written either in English or Kannada completely. Q. No. 1. Critically examine the wealth definition of Economics.

Marks : 16

A¥ÜìÍÝÓÜ÷¨Ü ÓÜí±Ü£¤®Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔ. Q. No. 2. Explain the nature and scope of Economics.

Marks : 16

A¥ÜìÍÝÓÜ÷¨Ü ËÐÜ¿áÊÜÓÜᤠÊÜáñÜᤠÊݲ¤¿á®Üá° ËÊÜÄÔ. Q. No. 3. What is demand ? State the law of demand with an illustration and diagram.

Marks : 16

¸æàwPæ Gí¨ÜÃæà®Üá ? ¸æàwPæ ¯¿áÊÜáÊÜ®Üá° ËÍæÉàÐÜOæ ÖÝWÜã ÃæàTÝ bñÜŨæãí©Wæ ËÊÜÄÔ. Q. No. 4. What is Oligopoly ? Explain the types and features of oligopoly. Marks : 16

PæÆg®Ü ÓÝÌÊÜá Gí¨ÜÃæà®Üá ? PæÆg®Ü ÓÝÌÊÜáÂ¨Ü Ë«ÜWÜÙÜá ÖÝWÜã ÆPÜÒ|WÜÙÜ®Üá° ËÊÜÄÔ. Q. No. 5. What is discriminating monopoly ? Explain how price and output are determined under discriminating monopoly.

Marks : 16

¸æÇæ ñÝÃÜñÜÊÜá HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? C¨ÜÃÜÈÉ ¸æÇæ ÊÜáñÜᤠEñÜ®³ Ü°WÜÙÜá ÖæàWæ ¯«ÜìÄÓÜÆv ³ ÜáñܤÊæ Gíá¨Ü®Üá° ËÊÜÄÔ. Q. No. 6. What is National Income ? Explain the various concepts of National Income.

Marks : 16

ÃÝÑóà¿á B¨Ý¿á Gí¨Ü à æ à ®Ü á ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜÆ®³ æWÜÙÜ®Üá° ËÊÜÄÔ. P.T.O.

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0224 Q. No. 7. What is macro economics ? Explain the scope and importance of macro economics.

Marks : 16

ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜᤠÊݲ¤¿á®Üá° ËÊÜÄÔ. Q. No. 8. Write short notes on any 2 of the following :

Marks : 8×2=16

¿ÞÊÜâ¨æà GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü~ ³ ÃæÀáÄ. (a) Price Elasticity of Demand.

¸æàwPæ¿á ¸æÇæ Ô§£Óݧ±ÜPÜñæ. (b) Features of perfect competition.

±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá. (c) Says law of markets.

ÓæàÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá. Q. No. 9. Write short notes on any 2 of the following :

¿ÞÊÜâ¨æà GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü~ ³ ÃæÀáÄ. (a) Law of variable proportions

ÊÜÂñÝÂÓÝñܾPÜ ±ÜÅÊÜÞ| ¯¿áÊÜá (b) Production function

Eñݳ¨Ü®Ý ¹íPÜ (c) Keynesian theory of income and employment.

Pæà®ÕÃÜÊÜÃÜ B¨Ý¿á ÊÜáñÜᤠE¨æãÂàWÜ Ô¨ÝíñÜ. ________________

Marks : 10×2=20

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0224 Second Semester of 5 Year B.A. LL.B. (Old Course) Examination, December 2016 ECONOMICS  I

Duration : 3 Hours

Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any five of the remaining questions. 2. Q. No. 9 carries 20 marks and the remaining questions carry 16 marks each. 3. Answers should be written either in English or Kannada completely. Q. No. 1.

Critically examine Marshalls definition of economics.

Marks : 16

ÊÜÞÐÜìÇ AÊÜÃÜ A¥ÜìÍÝÓÜ÷¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ. Q. No. 2.

Examine the equilibrium of the consumer with the help of indifference curve analysis.

Marks : 16

E±æàQÒñÜ ÃæàTÝ ËÍæÉàÐÜOæ¿á ÊÜáãÆPÜ A®Üá»æãàX¿áá ÓÜÊÜáñæãàÆ®ÜÊÜ®Üá° ÖæàWæ ±Üvæ¿ááñݤ®æíá¨Ü®Üá° ±ÜÄàQÒÔ. Q. No. 3.

Critically examine the law of equi-marginal utility.

Marks : 16

ÓÜÊÜá&Aíb®Ü ñÜáÑrWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔ. Q. No. 4.

Define Monopoly. How price is determined in the short run and long run under monopoly ?

Marks : 16

HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÊÝÂTݯÔ. C¨ÜÃÜÈÉ AÇݳÊÜ ÊÜáñÜᤠ©à[ÝìÊÜ ¸æÇæWÜÙÜá ÖæàWæ ¯«ÜìÄÓÜÆv ³ ÜáñܤÊæ ? Q. No. 5.

What is price discrimination ? When it is possible and profitable ? Marks : 16

¸æÇæ ñÝÃÜñÜÊÜáÂñæ Gí¨ÜÃæà®Üá ? C¨Üá ¿ÞÊÝWÜ ÓÝ«Ü ÊÜáñÜᤠ¿ÞÊÝWÜ ÇݻܨݿáPÜ ? Q. No. 6.

What is National Income ? Explain the various concepts of national income.

Marks : 16

ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á ÊÜÃÜÊÜÞ®Ü¨Ü ËË«Ü ±ÜÄPÜÆ®³ æWÜÙÜá ¿ÞÊÜâÊÜâ ? P.T.O.

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0224 Q. No. 7.

What is macro economics ? Explain the scope and importance of macro economics.

Marks : 16

ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷¨Ü ÓÜÌÃÜã±Ü ÊÜáñÜᤠÊÜáÖÜñÜÌÊÜ®Üá° ËÊÜÄÔÄ. Q. No. 8.

Write short notes on any two of the following :

Marks : 2×8=16

a) Elasticity of demand. b) Features of perfect competition. c) Nature of revenue curves.

¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜ®Üá° PÜáÄñÜá ÆZá q±Ü~ ³ ÃæÀáÄ : G) ¸æàwPæ¿á Ô§£Óݧ±ÜPÜñæ. ¹) ±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙÜá. Ô) B¨Ý¿á ÃæàTæ¿á ÓÜÌ»ÝÊÜ. Q. No. 9.

Explain any two of the following : a) Wealth definition. b) Monopolistic competition. c) Keynesian theory of income and employment.

¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜ®Üá° PÜáÄñÜá ËÊÜÃÜOæ ÃæÀáÄ : G) ÓÜí±Ü£¤®Ü ÊÝÂTÝ®Ü. ¹) ÓÝÌÊÜá¿ááñÜ ±æç±æäàq. Ô) Pæà®ÕÃÜÊÜÃÜ B¨Ý¿á ÊÜáñÜᤠE¨æãÂàWÜ Ô¨ÝíñÜ. ________________

Marks : 2×10=20

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0224

Second Semester 5 Yr. B.A.LL.B. Examination, December 2017 (Old Course) ECONOMICS  I Duration : 3 Hours

Max. Marks : 100

Instructions : 1. Answer Q. No. 9 and any five of the remaining questions. 2. Q. No. 9 carries 20 marks and the remaining questions carry 16 marks each. 3. Answers should be written either in English or Kannada completely. Q. No. 1. Critically examine the welfare definition of Economics.

Marks : 16

A¥ÜìÍÝÓÜ÷¨Ü ÁãàWÜPæÒàÊÜá¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔÄ. Q. No. 2. Explain the basic economic problems common to all economies. Marks : 16

GÇÝÉ B¦ìPÜ ÊÜÂÊÜÓæ§WÜÚWæ ÓÝÊÜÞ®ÜÂÊÝXÃÜáÊÜ ÊÜáãÆ»ÜãñÜ B¦ìPÜ ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔÄ. Q. No. 3. Explain the law of Diminishing Marginal Utility.

Marks : 16

CÚÊÜááS Aíb®Ü ñÜáÑrWÜá| ¯¿áÊÜáÊÜ®Üá° ËÊÜÄÔÄ. Q. No. 4. What is cost ? Explain the various concepts of cost.

Marks : 16

ÊæaÜc Gí¨ÜÃæà®Üá ? ÊæaÜc¨Ü ËË«Ü ±ÜÄPÜÆ®³ æWÜÙÜ®Üá° ËÊÜÄÔÄ. Q. No. 5. Define Monopoly market. How price and output are determined in Monopoly market ? Marks : 16

HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° ÊÝÂTݯÔÄ. HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñÜ®³ Ü° ÖæàWæ ¯«ÜìÄñÜÊÝWÜáñܤ¨æ ? Q. No. 6. Explain the price and output determination under monopolistic competition.

Marks : 16

ÓÝÌÊÜ á ¿ááñÜ ±æ ç ±æ ä àq ÊÜ ÞÃÜ á PÜ pæ r ¿áÈÉ ¸æ Çæ ÊÜ á ñÜ á ¤ EñÜ ³® Ü ° Öæ àWæ ¯«ÜìÄÓÜÆv ³ Üáñܤ¨æ Gíá¨Ü®Üá° ËÊÜÄÔÄ. Q. No. 7. Explain the problems in the estimation of national income.

Marks : 16

ÃÝÑóà¿á B¨Ý¿áÊÜ®Üá° Aí¨Ýgá ÊÜÞvÜáÊÜÈÉ®Ü ÓÜÊÜáÓæÂWÜÙÜ®Üá° ËÊÜÄÔÄ. P.T.O.

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0224 Q. No. 8. Write short notes on any two of the following :

Marks : 8×2=16

PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü~ ³ ÃæÀáÄ : a) Indifference curves.

L¨ÝÔà®Ü ÊÜPÜÅÃæàTæ. b) Production possibility curve.

Eñݳ¨Ü®Ý ÓÝ«ÜÂñÝ ÊÜPÜÅÃæàTæ. c) Law of supply.

±ÜäÃæçPæ¿á ¯¿áÊÜá. Q. No. 9. Write short notes on any two of the following :

PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü~ ³ ÃæÀáÄ : a) Concepts of National Income.

ÃÝÑóà¿á B¨Ý¿á¨Ü ±ÜÄPÜÆ®³ æWÜÙÜá. b) Macro economics.

ÓÜÊÜáWÜÅ A¥ÜìÍÝÓÜ÷. c) Says law of markets.

"Óæà' ÃÜÊÜÃÜ ÊÜÞÃÜáPÜpær ¯¿áÊÜá. ________________

Marks : 10×2=20

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0224

Second Semester of Five Year B.A.,LL.B. Examination, January 2011 ECONOMICS – I (Course – IV) Duration : 3 Hours

Max. Marks : 100

Instructions : 1. Answer all 5 Questions. 2. One essay type and one short note question or problem from each unit have to be attempted, which is referred as part (a) and (b) in all the units. 3. Figures to the right indicate marks. 4. Answers should be written either in English or Kannada completely. ÓÜãaÜ®æWÜÙÜá : 1) GÇÝÉ I¨Üá ±ÜÅÍæW° ÚÜ Wæ EñܤÄÔÄ. 2) ±ÜÅ£à ±ÜÅÍæ°¿áÈÉ®Ü Jí¨Üá ©àZì ÊÜáñÜᤠJí¨Üá ÆZá ±ÜÅÍæW ° ÚÜ Wæ EñܤÄÓܸæàPÜá, C¨ÜPæR 15 ÊÜáñÜᤠ5 AíPÜWÚÜ ÃÜáñܤ¨æ. 3) EñܤÃÊ Ü ®Ü áÜ ° CíXÉààÐ A¥ÜÊÝ PܮܰvܨÜÈÉÁáà Ãæ¿á¸æàPÜá. UNIT – I Q. No. 1. (a) Critically examine the welfare definition of Economics.

A¥ÜìÍÝÓÜ÷¨Ü ÁãàWÜPæÒàÊÜá¨Ü ÊÝÂTæ¿á®Üá° ËÊÜáÍÝìñܾPÊ Ü ÝX ±ÜÄàQÒÔÄ. OR/A¥ÜÊÝ Explain the subject matter of Economics.

A¥ÜìÍÝÓÜ÷¨Ü ÊÜÓáÜ ¤ ËÐÜ¿áÊÜ®áÜ ° ËÊÜÄÔÄ.

Marks : 15

(b) Write a short note on :

ÆZá q±Ü³~ ÃæÀáÄ : Production possibilities curve.

Eñݳ¨®Ü Ý ÓÝ«ÜÂñæ¿á ÃæàTæ. OR/A¥ÜÊÝ Opportunity cost.

ÓÜ¨Ê Ü PÜ ÝÍÜ ÊæacÜ .

Marks : 5 P.T.O.

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UNIT – II Q. No. 2. (a) Explain price elasticity, income elasticity and cross elasticity of demand.

¸æÇæ¿á Ô§£Óݧ±PÜ ñÜ ÌÜ , B¨Ý¿á Ô§£Óݧ±PÜ ñÜ ÌÜ ÊÜáñÜᤠdæà¨ÜPÜ Ô§£Óݧ±PÜ ñÜ ÌÜ WÜÙ®Ü áÜ ° ËÊÜÄÔÄ. OR/A¥ÜÊÝ Explain the law of demand with the help of a schedule and curves. What are its exceptions ?

¸æàwPæ¿á ¯¿áÊÜáÊÜ®áÜ ° A®ÜáÓÜãb ÊÜáñÜᤠÃæàTæÁãí©Wæ ËÊÜÄÔÄ. D ¯¿áÊÜá¨Ü A±ÜÊݨÜWÙÜ áÜ ¿ÞÊÜâÊÜâ ?

Marks : 15

(b) Write short note on :

ÆZá q±Ü³~ ÃæÀáÄ : Price effect and income effect.

¸æÇæ ±ÜÅ»ÝÊÜ ÊÜáñÜᤠB¨Ý¿á ±ÜÅ»ÝÊÜ. OR/A¥ÜÊÝ Equimarginal utility.

ÓÜÊáÜ Aíb®Ü ñÜáÑrWáÜ |.

Marks : 5 UNIT – III

Q. No. 3. (a) What is cost of production ? Explain short run and long run cost curves.

Eñݳ¨®Ü Ý ÊæacÜ Gí¨ÜÃæà®Üá ? AÇݳÊ Ü ÊÜáñÜᤠ©à[ÝìÊÜ ÊæacÜ¨Ü ÃæàTæWÙÜ ®Ü áÜ ° ËÊÜÄÔÄ. OR/A¥ÜÊÝ Explain the law of diminishing returns.

CÚPæ¿á ÔàÊÜÞíñÜ ±ÜÅ£´ÜÆ ¯¿áÊÜáÊÜ®áÜ ° ËÊÜÄÔÄ.

Marks : 15

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0224

(b) Write short note on :

ÆZá q±Ü³~ ÃæÀáÄ : Revenue curves.

B¨Ý¿á ÃæàTæWÙÜ áÜ . OR/A¥ÜÊÝ Production function.

Eñݳ¨®Ü Ý PÝ¿áì.

Marks : 5 UNIT – IV

Q. No. 4. (a) What is monopoly ? How are price and output determined in a monopoly market ?

HPÜÓÝÌÊÜá Gí¨ÜÃæà®Üá ? ¸æÇæ ÊÜáñÜᤠEñݳ¨®Ü æWÙÜ áÜ HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿áÈÉ ÖæàWæ ¯«ÜìÄÓÜÇÝWÜáñܤ¨æ. OR/A¥ÜÊÝ Explain the various features of monopolistic market. In the short run and long run, how are price and output determined in a monopolistic market ?

ÓÝÌÊÜá¿ááñÜ ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙ®Ü áÜ ° ËÊÜÄÔ. AÇݳÊ Ü ÊÜáñÜᤠ©à[ÝìÊÜ ÓÜÊáÜ ¿á¨ÜÈÉ , ¸æÇæ ÊÜáñÜᤠEñݳ¨®Ü æWÙÜ áÜ ÖæàWæ ¯«ÜìÄÓÜÇÝWÜáñܤ¨æ ? Marks : 15 (b) Write short note on :

ÆZá q±Ü³~ ÃæÀáÄ : Oligopoly.

PæÆg®Ü ÓÝÌÊÜáÂ. OR/A¥ÜÊÝ Features of perfect competition.

±ÜıÜä|ì ÊÜÞÃÜáPÜpær¿á ÆPÜÒ|WÜÙáÜ .

Marks : 5

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UNIT – V Q. No. 5. (a) What is national income ? Explain the various concepts of national income.

ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜƳ®æ¿á®Üá° ËÊÜÄÔÄ. OR/A¥ÜÊÝ Explain Keyne’s law of consumption. What are the factors influencing the function of consumption ?

Qà®ÕÃÜ A®Üá»æãàWÜ ¯¿áÊÜáÊÜ®áÜ ° ËÊÜÄÔ. C¨ÜÃÜ ÊæáàÇæ ±ÜÅ»ÝÊÜ ¹àÃÜáÊÜ AíÍÜWÙÜ áÜ ¿ÞÊÜâÊÜâ ?

Marks : 15

(b) Write short note on :

ÆZá q±Ü³~ ÃæÀáÄ : Difficulties in estimating national income.

ÃÝÑóà¿á ÊÜÃÊ Ü Þ Ü ®Ü ÊÜޱܮPÜ æR G¨ÜáÃÝWÜáÊÜ ñæãí¨ÜÃæWÙÜ áÜ . OR/A¥ÜÊÝ Effective demand.

±ÜÄOÝÊÜáPÝÄ ¸æàwPæ.

Marks : 5 ________________

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0224

Second Semester 5 Year B.A. LL.B. Examination, January 2012 ECONOMICS – I

Time : 3 Hours

Max. Marks : 100

Instructions : 1. Answer all 5 questions.

2. One essay type and one short note questions or problem from each unit have to be attempted, which is referred as Part (a) Part (b) in all the Units.

3. Figures to the right indicate marks.

4. Answers should be written either in English or Kannada completely.

UNIT – 1

Q.No. 1. (a)

What is Economics ? Explain classical theory of Economics.

Marks : 15

A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜí±ÜÅ¨Ý¿á ±Üí¥Ü¨Ü Ô¨ÝíñÜ樆 áÜ ° ËÊÜÄÔ. A¥ÜÊÝ

OR/

Discuss the Welfare definition with criticisms.

ÁãàWÜPæÒàÊÜá ÊÝÂTÝ®Ü樆 áÜ ° qàPæÁãí©Wæ aÜbìÔ. (b)

Write short note on :

Marks : 5

q±Ü³~ ÃæÀáÄ : Explain opportunity cost theory.

AÊÜPÝÍÜ ÊæacÜ Ô¨ÝíñÜ樆 áÜ ° ËÊÜÄÔ. A¥ÜÊÝ

OR/

State the central problems of an economy.

A¥ÜìÍÝÓÜ÷¨Ü ÊÜáãÆ ÓÜÊáÜ ÓæÂWÜÙ®Ü áÜ ° £ÚÔÄ. P.T.O.

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UNIT – 2

Q.No. 2. (a)

Discuss the indifference curve analysis in economy.

Marks : 15

B¦ìPÜñæ¿áÈÉ L¨ÝÔà®Ü ÊÜPÅÜ ÃæàTæ¿á WæY aÜbìÔ. A¥ÜÊÝ

OR/

Explain law of Diminishing Marginal Utility.

CÚÊÜááS ÔàÊÜÞíñÜ ñÜáÑuWáÜ | ¯¿áÊÜáÊÜ®áÜ ° ËÊÜÄÔ. (b)

Write a short note on :

Marks : 5

q±Ü³~ ÃæÀáÄ : Explain Determinants of Demand.

¸æàwPæ¿á ¯«ÝìÃÜPÝíÍÜWÙÜ ®Ü áÜ ° ËÊÜÄÔ. A¥ÜÊÝ

OR/

Explain consumer’s equilibrium.

A®Üá»æãàX¿á ÓÜÊáÜ ñæãàÆ®Ü樆 áÜ ° ËÊÜÄÔ.

UNIT – 3

Q.No. 3. (a)

What is production ? Explain the One Factor Variable Proportions theory.

Marks : 15

Eñݳ¨ Ü®æ Gí¨ÜÃæà®Üá ? Jí¨Üá Eñݳ¨ Ü®ÝíWܨ Ü ¨ÜÇ ÝÊÜOæ ±ÜÅ ÊÜÞ |¨Ü Ô¨ÝíñÜ樆 áÜ ° £ÚÔ. A¥ÜÊÝ

OR/

What is

Law

of

Returns ? State the Law

of

Diminishing

Returns Theory.

±ÜÅ£´ÜÆ ¯¿áÊÜá Gí¨ÜÃæà®Üá ? CÚÊÜááS ±ÜÅ£´ÜÆ ¯¿áÊÜá Ô¨ÝíñÜ樆 áÜ ° £ÚÔÄ.

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Write a short note on :

0224

Marks : 5

q±Ü³~ ÃæÀáÄ : Explain Iso-quant or Iso-product curve with features.

ÓÜÊáÜ Eñܳ®°Ü ÃæàTæWÙÜ ®Ü áÜ ° ÆPÜÒ|WÜÙæãí©Wæ ËÊÜÄÔ. A¥ÜÊÝ

OR/

State the production function with importance.

Eñݳ¨®Ü Ý ¹íPÜ樆 áÜ ° A¨ÜÃÜ ±ÝÅÊáÜ áSÂñæÁãí©Wæ £ÚÔÄ. UNIT – 4

Q.No. 4. (a)

State the equilibrium of the firm and industry in short run.

Marks : 15

AÇݳÊ Ü ¿áÈÉ E¨ÜÂÊÜá ÊÜáñÜᤠPæçWÝÄPæ¿á ÓÜÊáÜ ñæãàÆ®Ü樆 áÜ ° £ÚÔ. A¥ÜÊÝ

OR/

What is Market ? Explain types of market and perfect competitive market features.

ÊÜÞÃÜáPÜpær Gí¨ÜÃæà®Üá ? ÊÜÞÃÜáPÜpær¿á Ë«ÜWÙÜ áÜ ÊÜáñÜᤠ±ÜıÜä|ì ±æç±æäàq ÊÜÞÃÜáPÜpær ÆPÜÒ|WÜÙ®Ü áÜ ° ËÊÜÄÔ. (b)

Write a note on :

q±Ü³~ ÃæÀáÄ : Discuss Monopoly Market.

HPÜÓÝÌÊÜá ÊÜÞÃÜáPÜpær¿á®Üá° aÜbìÔ. A¥ÜÊÝ

OR/

State the price and output determination under monopolistic competition.

ÓÝÌÊÜá¿ááñÜ ±æç±æäàq¿áÈÉ ¸æÇæ ÊÜáñÜᤠEñܳ®¨ °Ü Ü ¯«ÝìÃÜ樆 áÜ ° £ÚÔÄ.

Marks : 5

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UNIT – 5

Q.No. 5. (a)

What is National Income ? Explain different concepts of N.I.

Marks : 15

ÃÝÑóà¿á B¨Ý¿á Gí¨ÜÃæà®Üá ? ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ±ÜÄPÜƳ®æWÙÜ ®Ü áÜ ° £ÚÔ. OR/A¥ÜÊÝ Explain various measurement of N.I.

ÃÝÑóà¿á B¨Ý¿á¨Ü ËË«Ü ÊÜÞ±Ü®Ü Ë«Ý®ÜWÙÜ ®Ü áÜ ° £ÚÔ. (b)

Write a short note on :

q±Ü³~ ÃæÀáÄ : What is Macro Economics ? Explain scope of Macro Economics.

ÓÜÊáÜ WÜÅ A¥ÜìÍÝÓÜ÷ Gí¨ÜÃæà®Üá ? ÓÜÊáÜ WÜÅ A¥ÜìÍÝÓÜ÷¨Ü Êݲ¤¿á®Üá° ËÊÜÄÔ. A¥ÜÊÝ

OR/

Keynesian theory.

Pæà®Õ®Ü Ô¨ÝíñÜ .

—————————

Marks : 5

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0224

Second Semester Five Years B.A., LL.B. Examination, June 2011 ECONOMICS – I (Course – IV) Duration : 3 Hours

Max. Marks : 100

Instruct...