D 52809 (Pages : 3) ‏لبت‎ ಹ ‏۔ممووجد یور‎

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FIRST SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 2018
(CUCBCSS-UG)
Core Course—Economics
MICROECONOMICS—I

(Common for Development Economics, Foreign Trade and Economics
with Islamic Finance)

Time : Three Hours Maximum : 80 Marks
Answers may be written either in English or in Malayalam.

Part A

Answer all twelve questions.
Each question carries ¥2 mark.

1. A positive statement is based on :

(a) Ethics. (b) Facts.
(c) Values. (d) Concepts.
2. Experimentation is a method.
(a) Deduction. (b) Statistical.
(c) Inductive. (d) Abstract.
3 is an exception to the law of demand.
(a) Superior good. (b) Consumer food.
(c) Man-made good. (d) Inferior-good. .

4. Among the following which is not a rule of indifference curves analysis ?
(a) Non-satiation. (b) Transitivity.
(c) Continuity. (d) Consistency.

5. Revealed preference theory is

(a) Subjective. (b) Based on observed market behaviour.
(೧) Psychological. (d) Cardinal.

Turn over