BBASemester 22024-25Principals Of EconomicsBBA202
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Principals Of Economics (BBA202) - AKTU Question Paper 2024-25

BBA · Semester 2 · Free PDF Download

This is the official AKTU Principals Of Economics Previous Year Question Paper for BBA Semester 2, academic session 2024-25. Published by Dr. A.P.J. Abdul Kalam Technical University (AKTU/UPTU), Lucknow. Free PDF download — no login required.

Course:BBA
Semester:Semester 2
Session:2024-25
University:AKTU / UPTU

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Questions Asked in 2024-25

Principals Of Economics (BBA202) — complete question paper · 70 marks · 3 Hours

Section AAttempt all questions in brief. 02 x 7 = 14
  • a
    What are the fundamental problems of an economic system?
  • b
    What are the types of elasticity of demand?
  • c
    State the law of supply with an example
  • d
    What is the law of variable proportions?
  • e
    Differentiate between explic it and implicit costs
  • f
    Define profit and mention any two types of profit
  • g
    Distinguish between free trad e and protectionism
Section BAttempt any three of the following: 07 x 3 = 21
  • a
    Compare and contrast Microeconomics and Macroeconomics in te rms of scope, assumptions, and applicability
  • b
    Describe the law of demand and explain exceptions to the law
  • c
    Explain the long-run cost curves and how they differ from sh ort-run cost curves
  • d
    Define oligopoly and give one example
  • e
    Explain the differences between economic growth and economic development with indicators
Section CAttempt any one part of the following: 07 x 1 = 07
  • a
    Explain the Marginal Utility T heory and Equi-Marginal Utility Theory with suitable examples
  • b
    Discuss the nature, scope, a nd limitations of Economics and its relevance in managerial decision-making
  • a
    Explain the indifference curv e analysis and how it helps in determining consumer equilibrium
  • b
    Discuss the determinants of demand and the nature of demand curves
  • a
    Define and explain consumer surplus. How is it measured and what does it indicate about consumer welfare?
  • b
    Discuss the determinants of demand and the nature of demand curves
  • a
    Discuss pricing and output determination under monopoly and monopolistic competition
  • b
    Explain the classification of market structures with emphasis on their distinguishing features
  • a
    Explain various cau ses for disequilibrium in the Balance of Payments and suggest corrective measures
  • b
    Describe the key trade strate gies and their implications on economic growth and development

Question text is extracted from the official AKTU question paper PDF above. Hindi translations are omitted — every question is printed in English in the original paper. Last verified: 2026-08-23.

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