Posted Date: 19 Feb 2022      Posted By:: Jannane.M    Member Level: Gold  Points: 3 (₹ 3)

# 2021 M.A. Economics Bharathidasan University, M.A Degree Examination, Economics, Micro Economic Analysis, Nov 2021. Question paper

 Course: M.A. Economics University/board: Bharathidasan University

Are you looking for the old question papers from Bharathidasan University of Micro Economic Analysis paper? Here is the previous year question paper from Bharathidasan University. This is the original question paper of Micro Economic Analysis exam conducted in Nov 2021. Feel free to download the question paper from here and use it to prepare for your upcoming exams.

S.No. 2708

RMCNS 1

(For candidates admitted from 2005–2006 onwards)

M.A. DEGREE EXAMINATION, NOVEMBER 2021.

Economics

MICRO ECONOMIC ANALYSIS

Time : Three hours

Maximum : 100 marks

PART A — (5 × 8 = 40)

1.
Derive demand curve using indifference curve analysis.

2.
Review Bain's model of Limit Pricing with a Suitable diagram.

3.
Discuss the features of Cobb-Douglas production function.

4.
Explain the nature and shape of different cost curves.

5.
Evaluate the perfect competitive market model.

6.
Explain how price and output is determined under Monopoly.

7.
Discuss the concept of Friedman– Savage Hypothesis of utility function.

8.
Describe the Conditions and models of Arrow's Impossibility Theorem.

PART B — (3 × 20 = 60)

9.
Diagrammatically explain the Price, Income and Substitution effects under
indifference curve analysis.

10. Analyse the Law of Returns to Scale with suitable diagramms.

11. Explain how price and output are determined under Oligopoly market situation
through kinked demand curve approach.

12. ''Maximization of expected utility is the goal that consumers pursues in Uncertain
situations" –Newmann. How is it applied to analyze the behaviour of investors in
the case of insurance and gambling?

13. Graphically explain 2X2X2 general equilibrium model.

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