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Model Question National Institute of Business Management

Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Principles of Economics


Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words)

(For ANSWERS www.prakashmba.blogspot.com)


1. Explain the advantages of Socialist Economy. 2. Explain the methods of measuring of Elasticity of Demand. 3. Describe the kinds of Economic Systems. 4. What are the defects of Capitalism? Describe. 5. Explain the factors governing price elasticity of demand. 6. Explain the characteristics of factors of production.

7. For ANSWERS www.prakashmba.blogspot.com

25 x 4=100 marks

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