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    This document provides instructions for a 3 hour economics exam for a BBA in Hospital Administration semester 3 course. It outlines that students should attempt any 5 of the 7 questions provided. The questions cover topics like the definition of economics, supply and elasticity, human wants and marginal utility, market structures like perfect competition, components of GDP and current decreases, problems in India's healthcare market, and short notes on circular flow of income, PPC curve, and demand.

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    This document provides instructions for a 3 hour economics exam for a BBA in Hospital Administration semester 3 course. It outlines that students should attempt any 5 of the 7 questions provided. The questions cover topics like the definition of economics, supply and elasticity, human wants and marginal utility, market structures like perfect competition, components of GDP and current decreases, problems in India's healthcare market, and short notes on circular flow of income, PPC curve, and demand.

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    9 views1 page

    Economics

    Uploaded by

    dev
    This document provides instructions for a 3 hour economics exam for a BBA in Hospital Administration semester 3 course. It outlines that students should attempt any 5 of the 7 questions provided. The questions cover topics like the definition of economics, supply and elasticity, human wants and marginal utility, market structures like perfect competition, components of GDP and current decreases, problems in India's healthcare market, and short notes on circular flow of income, PPC curve, and demand.

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    Please submit your answer sheet on – drsunainalashkari@gmail.

    com
    INSTITUTE OF MANAGEMENT STUDIES
    DEVI AHILYA VISHWAVIDYALAYA, INDORE
    BBA (Hospital Administration) EXAMINATION
    SEMESTER - III
    Introduction to Economics
    Time: 3 Hrs. Max Marks: 60

    Note:
    • Attempt any 5 Questions
    • All Questions carry equal marks

    Q1- “Economics is a social science which deals with human wants and their satisfaction”
    discuss? State and examine the criticism against Adam Smith’s wealth definition?

    Q2- Explain Supply and its determinants also discuss Elasticity of Supply?

    Q3- Explain the characteristics of human want also describes the Law of Diminishing
    Marginal Utility with diagram?

    Q4- Briefly explains the classification of markets. Explain the features of perfect
    competition?

    Q 5- What are the main components of measuring GDP. Give the reason why GDP is
    decreased in current scenario?

    Q6- What kind of problem facing by the current Health care market of India how one
    can overcome from that?

    Q-7 Write Short Note on- (Any Two)

    • Circular flow of Income


    • PPC Curve
    • Demand

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