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2nd September 2015, 01:14 PM
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Join Date: May 2012
Re: Punjab University Economics paper

As you want to get the Punjab University B.Com Economics Part I previous year question papers so here is the information of the same for you:

Economics 2014

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
Define Economics. Briefly discuss its scope.

Question # 2
Define Indifference Curve. Explain the main properties of Indifference Curves.

Question #3
Define and explain the following: (a) Price Elasticity of Demand (b) Income Elasticity of Demand (c) Cross Elasticity of Demand

Question # 4
What is Monopolistic Competition? How is price and, output determined under Monopolistic Competition?

Question # 5
Critically examine Liquidity Preference Theory of Interest.

Question # 6
Discuss the merits and demerits of direct and indirect taxes.

Question # 7
Discuss the economics role of State in Islam.

Question # 8
Given the total cost function of a firm: C = Q3 — 12Q2 + 60Q
Find the following:
MC
Slope of MC
AC
Slope of AC

Economics 2012

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
State and explain Marshall’s definition of Economics. On what grounds it has been criticized?

Question # 2
State and explain the Law of Equi Marginal Utility with the help of a schedule and diagram.

Question # 3
Define an Indifference curve. State and prove the main properties of Indifference curves with the help of diagrams.

Question # 4
State, explain and criticize Ricardian Theory of Rent.

Question # 5
What is Perfect Competition? How is the price and output determined? Under perfect competition?

Question # 6
Explain the different methods of measurement of National Income. Point, out the difficulties in its correct measurement

Question # 7
What is the that an Islamic State can play in a modern society?

Question # 8
The cost function is:
TC = 1000+25Q-5Q2+Q3
(i) Find MC, AC and AVC.
(ii) Find slope of MC and A VC.

Economics 2011

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
Distinguish between micro and macro economics and explain their importance.

Question # 2
Explain the law of diminishing marginal utility with the help of a schedule and diagram.

Question # 3
Define price elasticity of demand. Describe the methods to measure price elasticity of demand.

Question # 4
Critically examine the liquidity preference theory of interest.

Question # 5
What is monopolistic competition? How is price and output determined under monopolistic competition?

Question # 6
Define national income. Point out the difficulties in its correct measurement.

Question # 7
Define direct and indirect taxes. Give examples and examine their comparative advantages and disadvantages.

Question # 8
The total cost and total revenue functions are given:
(a) TC = 5Q2 + 8Q + 20
(b) TR = 15Q – Q2
(i) Find marginal and average total cost functions.
(ii) Find MR and AR at Q = 3

Economics 2009

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
Compare Robin’s and Marshall’s definitions of Economics. Which one is ‘better?

Question # 2
Explain the Law of Diminishing Marginal utility with the help of schedule and diagram.

Question # 3
Define and explain Price Elasticity of Demand. Income Elasticity of Demand and cross Elasticity of Demand

Question # 4
Critically examine Recordian Theory of Rent.

Question # 5
What is Monopolistic competition? How is price and output determined under monopolistic competition?

Question # 6
Define National income and explain various concepts of national Income.

Question # 7
Discuss the various principles or canons of taxation followed by Modern governments.

Question # 8
The total cost function is given:
Tc=85+15Q-2Q2+2Q3
(a) Find FC and VC
(b) Find Mc
(c) Find slopes of Mc and AVC

Economics 2013

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
Compare robbin’s and maishall’s definition of economics. Which one is better?

Question # 2
Define and explain price elasticity, income elasticity and cross elasticity of demand.

Question # 3
What is Oligopoly? Write the main reasons which give rise to oligopoly.

Question # 4
State and explain the law of variable proportions with the help of a schedule and diagram.

Question # 5
Discuss the various, principles or canons of taxation followed by Modern governments.

Question # 6
Define Zakat. Give its impact on the economy of a country.

Question # 7
Explain the Law of Diminishing Marginal Utility using schedule and diagram. What are its limitations and assumptions?

Question # 8
Given the demand function of a monopolist
P = 100 – 4Q
(a) Find total revenue and MR functions.
(b) What relationship exists between the slopes of MR and AR?

Economics 2010

Time Allowed: 3 Hours New Course Marks: 100
Note: Attempt any five questions. All questions carry equal marks.

Question # 1
State and explain Marshall’s definition of Economics. On what grounds it has been criticized?

Question # 2
State and explain the Law of Equi Marginal Utility with the help of a schedule and diagram

Question # 3
Define an Indifference curve. State and prove the main properties of indifference curves with the help of diagrams

Question # 4
Define Income and Cross Elasticity of Demand. Explain various methods of their measurement

Question # 5
State and explain the. Law of variable proportions with the help of a schedule and diagram

Question # 6
Define perfect competition”. Explain Short and Long run equilibrium of a firm under perfect competition.

Question # 7
Discuss various Canons OR Principles of Taxes by giving examples.

Question # 8
Given the following total cost function
C = 200 + 50Q – 4Q2+Q3
(i) Find the Marginal and Average total cost function.
(ii) Find Average variable cost and the slope of marginal cost function.

Contact Details:

University of The Punjab
Lahore 54890
Pakistan

[MAP]University of The Punjab Pakistan[/MAP]


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