Business economics sem 2 question paper

Business Economics - II (B.Com) 2nd Sem Previous year Panjab University Question Paper 2022.

Business Economics Questions and Answers

Some of the business economics questions and answers are mentioned below.
You can download the QnA in business economics pdfform.
1) Define Business Economics..
2) Discuss the nature and scope of Managerial Economics.
What are the other related disciplines?.
3) Distinguish between Micro and Macro Economics..
4) Is Managerial Economics a Positive or No.

How monetary problems can be addressed in macroeconomics?

5. 6.
It is in terms of macro economics that monetary problems can be analysed and understood properly.
Frequent changes in the value of money, inflation or deflation, affect the economy adversely.
They can be counteracted by adopting monetary, fiscal and direct control measures for the economy as a whole.

What are the concepts of micro economics?

Demand, supply, market forms etc. relate to micro economics.
It is helpful in analysis of an individual economics unit like firm.
Theory of demand, theory of production, price determination theory etc., develop from micro economics.
The concepts of micro-economics are independent concepts.


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