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Old May 6th, 2014, 05:31 PM
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Give me question paper for IGNOU master of arts in economics microeconomic analysis examination??

Here I am giving you question paper for IGNOU master of arts in economics microeconomic analysis examination in PDF file attached with it so you can get it easily..

A consumer's preferences over a single good x,
and all other goods y is represented by the utility
function u(x, y) = ln(x) + y. If the price of x is p,
that of y is 1 and income is m,

(a) Derive the Marshallian demand for x
and y.
(b) Derive the indirect utility function.
(c) Use the Slutsky equation to decompose the
effect of an own-price change in the
demand for x into income and substitution
effects.

2. (a) Consider the Edgeworth box that describes
a two-person, two-commodity exchange
scenario. Explain how both parties enter
into trade starting from the initial
endowment position.

3. (a) Describe the role of reaction functions in
Cournot's model of duopoly.
(b) Two firms producing a homogenous
product, face the demand and cost functions
given by :
P =100 — 0.5 (x, + x2)
=5xi and
C2 = 0.5 x22
Derive the reaction functions of the firms
and obtain the Cournot solution for the
market.

4. What do you understand by a social welfare
function ? What properties of social optima
would you consider necessary if such a function
exists ? Discuss these properties.

IGNOU MA Economics Microeconomic Analysis Exam Paper












IGNOU MA Economics Microeconomic Analysis Exam Paper

it is attached below please have a look on that

Last edited by Aakashd; June 4th, 2019 at 10:22 AM.
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  #2  
Old November 27th, 2014, 01:02 AM
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Question Re: IGNOU MA Economics Microeconomic Analysis Exam Paper

hey nilesh, do you have solutions for these??
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