Sargodha University MA Economics Paper-I Micro Economics Theory Past Papers 2017
Here you can download Past Papers of Paper-I Micro Economics Theory, MA Economics Part One, 1st & 2nd Annual Examination, 2017 University of Sargodha.
Micro Economics Theory UOS Past Papers 2017
M.A. Economics Part – I
Paper-I(Micro Economics) 1st Annual Exam.2017
Time: 3 Hourse Marks:100
Note: Objective part is compulsory. Attempt any four questions from subjective Part.
Objective Part
Q.1: Write short answers of the following in 2-3 lines each.
- What is Bi-lateral monopoly?
- Explain consumer and producer surplus.
- Explain the concept of prisoner’s dilemma.
- Draw the kinked and linear isoquant.
- Define cartel.
- Explain back bending supply curve.
- Explain monopolistic competition.
- Define collusive and non-collusive oligopoly.
- What is cross price elasticity of demand?
- What is opportunity cost?
Subjective Parts
Q.2: Explain the consumer behavior with the help of indifference cure approach.
Q.3: Explain 2x2x2 general equilibrium model with the help of diagrams.
Q.4: Explain Cournot’s Model of non-collusive oligopoly.
Q.5. What is price discrimination? Under what conditions is it possible and profitable. Explain it with the help of appropriate diagram.
Q.6: Explain the modern theory of the pricing of the factor’s of production.
Q.7: Write a note on the following
a) Kinked Demand Model (b) Production Possibility Curve.
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