University of Calicut Previous Years Question Paper & Answer

University : University of Calicut
Course : B.A

Semester : SEMESTER 3

Subject : Microeconomics II

Year : 2022

Term : NOVEMBER

Scheme : 2020 Full Time

Course Code : ECO 3B 04

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Section B (Short Essay Questions)

Maximum marks in this section is 35.
Students can attempt all questions.

Each question carries a maximum of 5 marks.
Analyze the implications of a kink in the kinked demand curve model.
What are the important features of monopolistic competition ?
Analyze the long run equilibrium of a firm in a perfectly competitive market.
What are the important source and measurement of monopoly power ?
Explain the marginal productivity theory of input demand.
Explain and analyze the importance of factor market equilibrium.
Critically examine the Chamberlin’s model of oligopoly.
What are the different types of dumping ?

Section C (Long Essay Questions)

Answer any two questions.
Each question carries a maximum of 10 marks.

Elucidate the various degrees of price discrimination.
Make a survey on the salient features of various market systems.
Analyse the equilibrium of a firm in a market of monopolistic competition.

Analyse the input pricing and employment if there is perfect competition in the input and
employment market.
(2 x 10 = 20 marks)

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