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BCA Applied Economics

bcasemester 6
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BCA Applied Economics Chapter Wise Questions

Past TU exam questions for Applied Economics, organised chapter by chapter with solutions.

Asked on 2026 Exam
1.

Explain the types of microeconomics with suitable diagrams.

[5]
Asked on 2025 Exam
2.

Define Microeconomics. Point out the issues of Micro economics.

[5]

Asked on 2026 Exam
1.

The demand function of a commodity is given as \(Q = 200 - 30P\). Price of the commodity is Rs. 4 per unit. Compute the price elasticity of demand. If the objective is to increase total revenue, should the price be increased or decreased? Why?

[5]
Asked on 2025 Exam
2.

Suppose a consumer's income is Rs 20000 per month. The price of products A B & C are Rs100, 50, & 200 per unit respectively and he buys 12 units of A, 10 units of B & 4 units of C. When his income increase to Rs 30000 per month. Find the Income elasticity at A, B & C when demand change to 150, 60, and 200 respectively.

[5]
Asked on 2025 Exam
3.

Define demand. Explain the types of price elasticity of demand with numerical example.

[10]

Asked on 2026 Exam
1.

What is indifference curve explain its properties.

[5]
Asked on 2025 Exam
2.

Explain the Law of Diminishing Marginal Utility with numerical example.

[5]
Asked on 2025 Exam
3.

Explain the price effect under indifference curve analysis approach in case of complementary goods and substitute goods.

[10]

Asked on 2026 Exam
1.

Explain the relationship between AR and MR under imperfect competition.

[5]
Asked on 2026 Exam
2.

Calculate TVC, TC, AFC, AC and MC from the following table. TFC= Rs. 100

Q 1 2 3 4 5 6 7 8
AVC 10 12 15 17 19 23 30 50
[10]
Asked on 2025 Exam
3.

Define AC & MC. Explain the Relationship between AC and MC in short run market.

[5]

Asked on 2026 Exam
1.

How price and output are determined under monopolistic market in the long run?

[5]
Asked on 2026 Exam
2.

What is cartel? Explain pricing under cartel (aiming at joint profit maximization).

[10]
Asked on 2025 Exam
3.

Explain the equilibrium of the firm under perfect competition market by TC-TR approach with figure.

[5]
Asked on 2025 Exam
4.

Explain how Price and Output are determinated under Monopoly Market in short run. Explain.

[10]

Asked on 2026 Exam
1.

Explain circular flow of income and expenditure in four sector economy.

[10]
Asked on 2025 Exam
2.

How the national income be measured by product method? Describe with example.

[5]

Asked on 2026 Exam
1.

Define central bank. What are its functions? Explain.

[5]
Asked on 2026 Exam
2.

Write short notes (any two)

a) Demand-pull inflation.

b) Balance of payment

c) Price consumption curve

[5]
Asked on 2025 Exam
3.

Write short notes on: (any TWO)

a. Functions of commercial Bank.

b. Favorable Balance of payment

c. Inflation

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