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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
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.
(For candidates admitted from 2005–2006 onwards)
M.A. DEGREE EXAMINATION, NOVEMBER 2021.
MICRO ECONOMIC ANALYSIS
Time : Three hours
Maximum : 100 marks
PART A — (5 × 8 = 40)
Answer any FIVE questions.
Derive demand curve using indifference curve analysis.
Review Bain's model of Limit Pricing with a Suitable diagram.
Discuss the features of Cobb-Douglas production function.
Explain the nature and shape of different cost curves.
Evaluate the perfect competitive market model.
Explain how price and output is determined under Monopoly.
Discuss the concept of Friedman– Savage Hypothesis of utility function.
Describe the Conditions and models of Arrow's Impossibility Theorem.
PART B — (3 × 20 = 60)
Answer any THREE questions.
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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