Micro Economics-5-Questions for Internal Assessment Test for Semester-4

DURATION: 1 HOUR                                                                                                MAX MARKS-10

INSTRUCTIONS-

1. Answer any one question from each main.
2. Figures to the right indicate marks.
3. Answer should be written either in English or kannada completely.

Q. NO. 1. a. Define Micro Economics? Explain the uses and limitations of micro economics? 1×7=7

                                                                   OR

             b. What is elasticity of demand? Explain the degrees of elasticity of demand?

Q. NO.2.a. Economic Dynamics. 1×3=3

                                  OR

                b. Law of Supply.

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Haseena Banu

Haseena Bano is the Editor at Ecolaw.in, a dedicated platform providing comprehensive resources for BA LLB Economics courses. She also serves as a Professor of Economics at Al-Ameen College of Law, where she brings her academic expertise and passion for teaching to shape the next generation of legal professionals. With a deep understanding of both economics and law, she plays a pivotal role in bridging theoretical concepts with real-world applications.

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