Total No.

of Pages:

6133

Register Number:
Name of the Candidate:

M.A. DEGREE EXAMINATION December 2014

(ECONOMICS)
(FIRST YEAR)

510: MICRO ECONOMICS

Time: Three hours

Maximum: 100 marks

SECTION A
Answer any FIVE questions.

(5 8 = 40)

1.

Critically evaluate revealed preference theory.

2.

What are the properties of Cobb-Douglass Production Function?

3.

Explain Cournots Model of oligopoly.

4.

Explain the relationship between production function and cost function.

5.

Explain the short run equilibrium of the firm working under conditions of
monopoly.

6.

Give reasons for price rigidity under oligopoly.

7.

Explain the product exhaustion theorem.

8.

Point out the welfare criteria of Kaldor.

SECTION B
Answer any THREE questions.

(3 20 = 60)

9.

Derive a demand curve using indifference curve analysis. Point out the
applications of indifference curve technique.

10.

What is linear homogeneous production function? What are its properties?

11.

List the features of perfect competition and show how price is determined in
such a market.

12.

What is collective bargaining? Can the Trade Unions succeed in raising wages?

13.

Discuss the Pareto-optimality criterion for welfare judgement.

6133

jkpHhf;fk;
gFjp - m
vitnaDk;
vitnaDk; Ie;J tpdhf;fSf;F tpilaspf;ft[k;.

(5 8 = 40)

1.

btspj;njhw;w tpug;gf; nfhl;ghl;oid jpwdha;t[ bra;f.

2.

fhg;-lf;y!; cw;gj;jp rhh;gpd; gz;g[fs; ahit?

3.

Th;dhl; rpyh; Kw;Whpik khjphpia tpsf;Ff.

4.

cw;gj;jp rhh;g[ kw;Wk; bryt[ rhh;g[ Mfpait ,ilna cs;s bjhlh;gpid

tpsf;Ff.

5.

Kw;Whpikapd; fPH; epWtdj;jpd; FWfpwa fhyr; rkepiyia tpsf;Ff.

6.

rpyh; Kw;Whpikapy; tpiy ,WFk; jd;ikf;fhd fhuz';fis TWf.

7.

cw;gj;jp jPh;itf; nfhl;ghl;oid tpsf;Ff.

8.

fhy;lhpd; ey thH;t[ eph;za';fis TWf.

gFjp - M
vitnaDk; _d;W tpdhf;fSf;F tpilaspf;ft[k;.

9.

(3 20 = 60)

rknehf;F tisnfhL Ma;t[ bfhz;L njit nfhl;oid bgUf rknehf;F

tisf;nfhl;od; eilKiw bghUj;j';fis Fwpg;gpLf.

10. neh;f;nfhL Xhpay;g[ cw;gj;jp rhh;g[ vd;why; vd;d? mjd; gz;g[fs; ahit?
11. epiwt[ nghl;oapd; gz;g[fis TWf. Mr;re;ijapy; tpiy vt;thW eph;zak;
bra;ag;gLfpwj vd;gija[k; TWf.
12. Tl;L nguk; vd;why; vd;d? bjhHpw; r';f';fshy; Typia cah;j;j ,aYkh?
13. ghhpl;nlhtpd; cj;jkst[ eythH;t[ eph;za';fs; gw;wp tpthjpf;ft[k;.
%%%%%%%