Questions (based on Economics) I faced during P.I.

’s:

IIMK:

1. Law of Demand, its exceptions.

2. Difference between Giffen Goods and Inferior Goods.
3. What is Beta in stock trading?
4. Why are companies called limited? – e.g. Adani Enterprises Limited
5. What is the per capita income of India?
6. Which state in India has highest per capita income and why?

IIMI:

1. Difference between GDPFC and GDPMP ?

2. Difference between Private Income and Personal Income?
3. Why is IS curve Downward sloping and LM upward sloping?
4. What causes a shift in IS, LM curve?
5. What is liquidity trap? Explain with the help of IS-LM Model?
6. Give me an example of Oligopoly market.

IIMA PGP and FABM Combined:

1. Why do we do marginal analysis?

2. What’s your favorite paper- micro or macro?
3. Derive demand curve from IC map.
4. What is profit maximizing condition for a firm? Prove it mathematically.
5. Derive LM curve mathematically.
6. What is the formulae for Coefficient of Variation?
7. What is Lerner’s Index? Write the formulae.