Principles of Economics and Bangladesh Economy question Paper, November, 2011
Posted by Ripon Abu Hasnat on Monday, September 15, 2014 | 0 comments
Banking Diploma
Examination— November, 2011
JAIBB
PRINCIPLES OF ECONOMICS & BANGLADESH ECONOMY
[N.B Please answer any five questions]
JAIBB
PRINCIPLES OF ECONOMICS & BANGLADESH ECONOMY
[N.B Please answer any five questions]
1. a) Compare the
definitions of Economics offered by Adam Smith and Lionel Robbins.
b) Discuss the
subject-matter of Economics.
2.
a) Explain the terms "Want" and "Scarcity" as
understood in Economics.
b) Discuss the
importance of multiplicity of wants and scarcity of resources in the study of Economics.
3. a) Compare the
distinguishing features of the different forms of market structure, viz,
Perfect Competition, Monopoly,
Monopolistic Competition and Oligopoly.
b) Identify, with
brief explanation, the market structure of the following products/services in Bangladesh:-
1) Water supply in
Dhaka city;
2) Rice market:
3) Mobile telephone services and
4) Banking services.
4. a) What' is
meant by production function?
b) Describe a production indifference curve and its
properties. Use diagrams in your answers.
5. a) What do you
mean by 'returns to scale'?
b) Distinguish between 'increasing returns to scale', 'constant returns to scale' and 'decreasing returns to scale.' Use diagrams.
b) Distinguish between 'increasing returns to scale', 'constant returns to scale' and 'decreasing returns to scale.' Use diagrams.
6. a) Distinguish
between gross national product and net national product.
b) What is meant by
the problem of double counting in the measurement of national income?
C) How ban the double
counting problem be avoided?
7. a) What is
unemployment and what are its various types?
b) Suggest remedies
for unemployment in Bangladesh.
8. a) What should be
the objectives of monetary policy in a developing country like Bangladesh?
b) Explain the
interdependence of monetary and fiscal policies.
9. Present arguments
for welcoming foreign aid in Bangladesh.
10. Write short
notes on any four of the following:;
a) Opportunity cost;
a) Opportunity cost;
b) Consumer's
surplus;
c) Quasi-rent;
d) Public good:
e) Floating exchange
rate;
f) Depreciation of
currency.
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