Chapter 1 Introduction
Brief Answer question 2 marks
1. list out the characteristics of business economics.{2076}
2. Prepare a list of use of microeconomics . [2075]
3. Write any five Characteristics of business economics. [2074]
4. Write any four uses of micro economics . [2073]
5. State the scope of business economics .[2073]
6. Define micro economics in one sentence.[2072]
7. Why microeconomics is also called price theory. [2071]
8. Define economics [2071]
Additional important question
9. Define production possibility curve .
10. What is meant by marginal analysis ?
11. Define incremental analysis ?
12. Define micro static equilibrium analysis ?
13. Define the comparative micro static analysis ?
14. What is micro dynamic analysis ?
15. Point out any five principles of economic ?
Descriptive Answer Questions marks 10
- What is microeconomics ? Explain its uses in business decision making ? [2076]
- What is managerial economics ? Explain its uses ? [2075]
- Define microeconomics .Explain its uses ? [2074]
- Explain the importance of microeconomics ? [2072]
- Define microeconomics .Explain the uses of microeconomics ? [2071]
Additional important questions
6. Explain the types of equilibrium analysis in microeconomics ?
7. Explain the ten principles of economics ?
8. Explain the concept of production possibility curve . What are the causes of shift in production possibility curve ?