Question Paper Internal Exam 2011 BBA IInd Year

Maharaja Agrasen College/ Department of Business Economics / Paper 302 Industrial Economics / B.A. (Hons) IIIrd Semester Internal Exam.

Time: 2:00 hours Maximum Marks: 25

Attempt any five questions. All questions carry equal marks.
1.Write short notes on any two:2½ *2
a) Differentiate between Industrial Economics & Micro-economics
b) Concentration Curve
c) HHI
d) New Industrial Economics
2.Briefly discuss the major characteristics of Chicago School of Thought. How it diverge from mainstream industrial economics to explain the persistence of monopoly power?4+ 1
3.Calculate the value of CR₄ and HHI from the data given below:2 + 3












4.Classify the following elements into basic conditions, market structure, conduct and performance:-½ *10
Number of sellers and buyers, pricing bahaviour, Barriers to entry, Product strategy, Production and Allocative efficiency, Technology, Research and innovation, Technical progress, Product differentiation, Unionization
5.What is Lorenz Curve? Critically explain the Gini coefficient as a measure of market concentration. 1 + 4
6.Critically evaluate the role of scale economics as the primary theory of determination of market concentration. 5
7.Delineate the difference between absolute and inequality measure of market concentration. What are the characteristics of an ideal index of market concentration? 3+2

Question Paper Internal Exam 2011 BBA IIIrd Year

Maharaja Agrasen College/ Department of Business Economics / Paper XVIII Economic Policy & Comparative Development / B.A. (Hons) Vth Semester Internal Exam.

Time: 2:00 hours Maximum Marks: 25

Attempt any five questions. All questions carry equal marks.

1. Write short notes on any two: 2½ *2

a) Vicious circle of poverty
b) Common characteristics of developing countries
c) Endogenous and Exogenous variable in development model
d) Brain Drain

1. Briefly discuss the major structural characteristics of Developing Countries. How does demographic structure of developing countries differ from developed nations? 4 + 1
2. 3. Irrespective of initial capital stock there is tendency to converge at steady state in the Solow Growthmodel.Explain. 5
3. Lewis model of unlimited supply of labour offer a way forward for the development of traditional sector in developing countries. Explain. 5
4. Critically evaluate the different approach to measure development across countries. Outline the merits and demerits of HDI approach to measure development world –wide? 5
5. Explain the process of capital accumulation in Solow model. How does change in investment affects steady state in Solow model? 3+2
6. What is the ultimate objective of development? Explain the idea put-forward by Amartya Sencapability approach to development. 1+4
7. Harrod – Domar model is a breakthrough in development theory from Keynesian static model to dynamic model of development. Explain. 5

Question Paper Year 2010 BBE 3rd Year (Economic Policy & Comparative Development)

ECONOMIC POLICY AND COMPARATIVE DEVELOPMENT

Question Paper 2010

1. 1.‘Despite country specification, any development policy must have a set of core objective.’ Discuss. 10

2. 2.Can East Asian growth be explained in terms of Solow Model? 10

3. 3.Discuss the main characteristics of educational investment. 10

4. 4.What factors determine the capacity and willingness to save? 10

5. 5.What do you understand by the term technical progress? How does the Hicksian classification differ from Harrod’s classification of technical progress? 10

6. 6.‘Human capital formation is the key to generation of ideas.’ Discuss in the context of endogenous growth theory. 10

7. 7.Discuss the costs and benefits of FDI to developing countries. 10

8. 8.Write short notes on any tow of the followings:

i) Balanced growth v/s Unbalanced growth

ii) Capital – Output ratio

iii) Causes of market failure

iv) Lewis model