University of Calicut Previous Years Question Paper & Answer

University : University of Calicut
Course : M.A

Semester : SEMESTER 1

Year : 2019

Term : MAY

Branch : ECONOMICS

Scheme : 2020 Full Time

Course Code : ECO 1C 01

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Reg. 1९७.....................-७.०...........
SECOND SEMESTER B.A. DEGREE EXAMINATION, MAY 2019
‏إي+‎ (CUCBCSS—UG)

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Economics
800 10 01 ESSENTIALS OF ECONOMICS—MICRO
AND
00 20 01 ESSENTIALS OF ECONOMICS—MACRO
Time : Three Hours Maximum : 80 Marks
Part A

Answer all questions.
Each question carries 34 mark.

1. Among the subject matters of economics is
(a) Production. (b) Consumption.

(८) Distribution. 1 (d) All the above.

2. Human wants are :

(8) Limited. (b) Scarce.

(c) Unlimited. (d) Inadequate.
' 8. Cardinal utility analysis to consumer equilibrium was developed by :
(8) Marshall. (b) Hicks and Allen.
(೧) Geremy Bentham. (d) Adam Smith.
4. Total utility is maximum when :

(a) Marginal utility is zero. (b) Marginal utility is maximum.

(c) Marginal utility increases. (१) Average utility is maximum.
ட்‌. பதத When individuals income rises his demand for a normal good ?
(೩) Rises. (b) Falls.

(c) Remains the same. (d) Negative.

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