Maharaja Agrasen College/ Department of Business Economics / Paper 302 Industrial Economics / B.A. (Hons) IIIrd Semester Internal Exam.
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
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
No comments:
Post a Comment