University of Calicut Previous Years Question Paper & Answer

University : University of Calicut
Course : B.A

Semester : SEMESTER 1

Subject : Microeconomics I

Year : 2014

Term : JANUARY

Scheme : 2020 Full Time

Course Code : ECO 1B 01

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12. Aline showing the movement from one 9

factors or a single factor. 5

Il. Short Answer Type questions Answer all nine ques

13. Positive economics.
14.
15.
16.
17.
18.
19.
20.
21.

Market supply.

Income elasticity of demand.
Marginal revenue.

Ordinal utility.

Strong ordering.

MRTS.

Expansion path.

Neutral technology.

Il. Short essay or Paragraph type questions. Answer any five quest
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22. Explain the determination of market equilibri णव
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23. Explain different types of price elasticity of d d
emand.

24, Distinguish between normal inferior and
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income effects.

25. Explain the Cobb-Douglas Production functi,
ction,

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