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MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics (Semester I) MICRO ECONOMICS-I Assignment - I PART A Answer any TWO from the following questions (Marks: 2X5=10) 1. “Economics is a study of wealth” - Comment. 2. “Economics is the study of welfare”- Discuss. 3. State the law of Equi- Marginal utility and bring out the importance in Economics. PART B Answer any ONE from the following questions (Marks: 1X15=15) 4. What is elasticity of demand? Explain different types of elasticity of demand and the factors determining it. 5. Define law of demand why does the demand curve slopes downward from left to right?

MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

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Page 1: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

B.A. Economics (Semester –I)

MICRO ECONOMICS-I

Assignment - I

PART – A

Answer any TWO from the following questions (Marks: 2X5=10)

1. “Economics is a study of wealth” - Comment.

2. “Economics is the study of welfare”- Discuss.

3. State the law of Equi- Marginal utility and bring out the importance in Economics.

PART –B

Answer any ONE from the following questions (Marks: 1X15=15)

4. What is elasticity of demand? Explain different types of elasticity of demand and the

factors determining it.

5. Define law of demand why does the demand curve slopes downward from left to

right?

Page 2: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

B.A. Economics (Semester I)

MICRO ECONOMICS-I

Assignment - II

PART – A

Answer any TWO from the following questions (Marks: 2X5=10)

1. Discuss the shape of the short run and long run cost curves.

2. Distinguish between “Money Cost” and “Real Cost”

3. Write a note on relationship between ‘Average Revenue’ and ‘Marginal Revenue’

PART – B

Answer any ONE from the following questions (Marks: 1X15=15)

4. Critically analyze the Law of Diminishing Returns.

5. Explain the Producer’s Equilibrium with help of the Iso-quant.

Page 3: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

B.A. Economics (Semester I)

ECONOMIC STATISTICS-I

Assignment - I

PART – A

Answer any TWO from the following questions (Marks: 2X5=10)

1. What do you mean by statistics? Discuss the use of statistical analysis for studies

in Economics

2. List out the characteristic and limitations of Statistics

3. Distinguish between primary data and secondary data.

PART - B

Answer any ONE from the following questions (Marks: 1X15=15)

4. What do you mean by a questionnaire? State the essentials of a good questionnaire

and explain the merits and defects of using it for collecting statistical data.

5. Find out the Mean, Median and Mode for the following data.

X 0-10 10-20 20-30 30-40 40-50 50-60

Y 5 8 20 30 15 10

Page 4: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

B.A. Economics (Semester I)

ECONOMIC STATISTICS-I

Assignment - II

PART – A

Answer any TWO from the following questions (Marks: 2X5=10)

1. What do you mean by classification of data? Explain the types of classification of

data.

2. List out the limitations of diagrams and Graphs.

3. Define Average. Give an account of limitations of Average.

PART – B

Answer any ONE from the following questions (Marks: 1X15=15)

4. Find out the quartile derivation and co-efficient of quartile derivation for the following

data.

X 0-20 20-40 40-60 60-80 80-100

F 5 10 15 20 25

5. Which is the best measure of Dispersion? Why is it called like that?

Page 5: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

ASSIGNMENTS FOR I B.A ECONOMICS (SEMESTER I)

Write any Two Assignments 6 to 10 pages each

Each topic carries Equal Marks (2 x 12.5 = 25)

Political and Cultural History of India (1526 -1857 A.D)

(For B.A. Economics)

1. India on the Eve of Babur’s Invasion

2. Religious Condition under the Mughals

3. Administration of Shivaji

4. Causes and Results of the Sepoy Mutiny

Last Date for Submission:10.01.2020

Assignment related to Economics should be sent to the following Address:

V.Loganathan

Assistant Professor and Head (i/c)

Department of Economics

Directorate of Distance Education

Madurai Kamaraj University

Madurai-625 021

Ancillary assignment papers should be sent to the following Address:

The Head (i/c)

Department of History

Directorate of Distance Education

Madurai Kamaraj University

Madurai - 625 021.

Page 6: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester - I)

AGRICULTURAL ECONOMICS

Assignment - I

PART – A

Answer any Two from the following questions (Marks: 2X5=10)

1. Describe the objectives of agricultural price policy.

2. Analyze the main features of the regulated markets in India.

3. Discuss the scope of agricultural Economics

PART – B

Answer any One from the following questions (Marks: 1X15=15)

4. Describe the problem faced by the Indian agriculture after globalization and the

prospects there on.

5. Write the case of the labour absorption and gender issue in Indian agriculture.

Page 7: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester -I)

AGRICULTURAL ECONOMICS

Assignment - II

PART – A

Answer any two from the following questions (Marks: 2X5=10)

1. Write a note on the resource efficiency in Indian Agriculture.

2. Describe the case for power and irrigation subsidies in India

3. What are the causes for the low agricultural productivity in India?

PART – B

Answer any one from the following questions (Marks: 1X15=15)

4. Disuses the problems of marginal and small farmers in India.

5. Explain the role of agriculture in the economic development of India.

Page 8: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester- I)

MATHEMATICAL ECONOMICS

Assignment - I

PART – A

Answer any two from the following questions (Marks: 2X5=10)

1. If 𝑦 = 11 𝑥−3 + 4 𝑥−9 + 3 𝑥5 + 2𝑥−4 + 𝑥3 + 𝑥 + 7 find 𝑑𝑦

𝑑𝑥

2. If y =( 2𝑥3 + 9) (𝑥2 + 3𝑥) find 𝑑𝑦

𝑑𝑥

3. What are the properties of Indifference curve?

PART – B

Answer any one from the following questions (Marks: 1X15=15)

4. Given y = 𝑥2+1

𝑥3+2𝑥 find out

𝑑𝑦

𝑑𝑥

5. Find the first and second order partial derivations of the following function

𝑈 = 𝑥2𝑦2 + 𝑥5 + 𝑦6 and also verify that 𝜕2𝑈

𝜕𝑥𝜕𝑦 =

𝜕2𝑈

𝜕𝑦𝜕𝑥

Page 9: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester I)

MATHEMATICAL ECONOMICS

Assignment - II

PART – A

Answer any two from the following questions (Marks: 2X5=10)

1. For the following demand and supply function find the equilibrium price and

output D = 11P-11 and S = 9P + 7.

2. State the relationship between Average Revenue and Marginal Revenue.

3. Write a note on concepts of Games in Economics.

PART – B

Answer any one from the following questions (Marks: 1X15=15)

4. What do you mean by market equilibrium? Differentiate Static and Dynamic

market equilibrium with examples.

5. The following matrix represents the payoff to P1 in a rectangular game between

two persons P1 and P2

P2

P1 [8 15 −4 − 2

19 15 17 160 20 15 5

]

By the notion of dominance reduce the game to a 2 x 4 game and solve it graphically.

Page 10: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester I)

MICRO ECONOMICS ANALYSIS - I

Assignment - I

PART – A

Answer any Two from the following questions (Marks: 2X5=10)

1. Write a note on static and dynamic equilibrium analysis.

2. Explain the different categories of price elasticity of demand.

3. Define deductive method and inductive method.

PART –B

Answer any One from the following questions (Marks: 1X15=15)

4. Broadly explain the indifference curve analysis with suitable examples.

5. Elucidate the Revealed Preference Approach to consumer behavior.

Page 11: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester I)

MICRO ECONOMICS ANALYSIS -I

Assignment - II

PART – A

Answer any Two from the following questions (Marks: 2X5=10)

1. Explain the concept of Production Function.

2. Write a short note on Cost Function and Revenue Function.

3. Define the concept of Economies and Diseconomies of scale.

PART –B

Answer any One from the following questions (Marks: 1X15=15)

4. Define Cobb- Douglas production function and list out its properties.

5. Discuss the shape of the AC, MC, AR, and MR, Short run and Long run cost curves.

Page 12: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester I)

Assignment –I

MACRO ECONOMICS ANALYSIS-I

PART-A

Answer any TWO from the following questions (Marks: 2X5=10)

1. ” Marginal Efficiency of Capital in conjunction with the rate of interest determines

the amount of new investment”-Discuss

2. Give a short note on Keynesian concepts of the consumption function

3. Write a short note on circular flow of income and product in four sector open

economy

PART-B

Answer any ONE from the following questions (Marks: 1X15=15)

4. Discuss the National accounting system followed in India

5. Give an account of modern theories of consumption function.

Page 13: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence)

DIRECTORATE OF DISTANCE EDUCTION

DEPARTMENT OF ECONOMICS

M.A. Economics (Semester I)

Assignment –II

MACRO ECONOMICS ANALYSIS-I

PART-A

Answer any TWO from the following questions (Marks: 2X5=10)

1. Write a short note on process of credit creation

2. Bring out the relationship between bond prices and rate of interest

3. Explain the concepts of aggregate demand and aggregate supply

PART-B

Answer any ONE from the following questions (Marks: 1X15=15)

4. Give an account of cash balance equations

5. Discuss the RBI as the controller of credit

Page 14: MADURAI KAMARAJ UNIVERSITY · 2020-01-08 · MADURAI KAMARAJ UNIVERSITY (University with Potential for Excellence) DIRECTORATE OF DISTANCE EDUCTION DEPARTMENT OF ECONOMICS B.A. Economics

Last Date for Submission:10.01.2020

The all above assignments should be sent to the following Address:

Mr.V.Loganathan

Assistant Professor and Head (i/c)

Department of Economics

Directorate of Distance Education

Madurai Kamaraj University

Madurai-625 021