This is the previous paper of the AIOU graduate Level program on the subject Micro Economics. This BA Old paper comprises some key and important questions of Micro Economics that were come in this paper. To see the details of the question, you can check all previous old exams papers Al lama Iqbal Open University, as well as this one, is given here:
- Time: 03 hours & Total Marks 100 and Passing marks 40
- AIOU B.A, BSc, B.Com, BBA (Bachelor /Graduate Degree)
- Paper Name: Micro Economics.Course Code (131)
- Allama.Iqbal.Open.University.Pk Semester: Autumn 2006
B.A old paper of Micro Economics was given in semester Autumn 2006 for Bachelor level students contains on different questions on topics like Small economic units and microeconomics, resources limitation, capitalistic economic system, prices of factors of production, market forces demand and supply, Basic firm motives, Consumer behavior vs social customers, prices of commodities, perfect competition, imperfect market, TR-TC (Profit is equal to total revenue minus total cost, marginal utility, inputs and outputs is production function, the law of diminishing marginal utility, individual demand curve, utility analysis, kinds of organizations, Concepts of costs FC, VC, AC, and MC, what is a monopoly, MRS (Marginal rate of substitution, MRTS (Marginal rate of technical substitution, Markets perfect and imperfect markets, opportunity cost, price discrimination, production possibility frontier (PPF)
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