Scribd
Upload
71 views2 pages

2017-JAIBB PBE Nov

This document contains an exam for the Principles of Economics of Bangladesh Economy course given by the Institute of Bankers, Bangladesh. It lists 10 questions related to economics concepts. The questions cover topics like the definitions of economics by Marshall and Robbins, changes in demand, the law of diminishing marginal utility, consumer surplus, price elasticity of demand, iso-product curves, monopoly markets, cost curves, balance of trade vs balance of payments, and short notes on terms of trade, statutory liquidity requirement, specialized banks, market economy, Basel III Accord, and rectangular hyperbola. Students have to answer 5 out of the 10 questions in the exam that lasts 3 hours and is worth a total of 100 marks.

Uploaded by

farhadcse30
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
71 views2 pages

2017-JAIBB PBE Nov

This document contains an exam for the Principles of Economics of Bangladesh Economy course given by the Institute of Bankers, Bangladesh. It lists 10 questions related to economics concepts. The questions cover topics like the definitions of economics by Marshall and Robbins, changes in demand, the law of diminishing marginal utility, consumer surplus, price elasticity of demand, iso-product curves, monopoly markets, cost curves, balance of trade vs balance of payments, and short notes on terms of trade, statutory liquidity requirement, specialized banks, market economy, Basel III Accord, and rectangular hyperbola. Students have to answer 5 out of the 10 questions in the exam that lasts 3 hours and is worth a total of 100 marks.

Uploaded by

farhadcse30
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
You are on page 1/ 2

****** Result for Image/Page 1 ******

THE INSTITUTE OF BANKERS, BANGLADESH (IBB)


Banking Diploma Examination, November, 201?
JABB
Principles of Economics of Bangladesh Economy (PBE)
Time—3 hours
Full marks—100
Pass marks---50
in the right margin indicaiefidl nurks. Anmer anyfive questions.]
Marks
l. (a) Compare and contrast the definition of Economics given by 15
Alfred Marshall and L.Robbins.
(b) Explain why the knowledge of siatisties is indispensible for 5
modem economic
2. (a) Distinguish between "Contraction and extension of demand," 12
and "increase and decreas in demand". Use diagram.
(b) State the causes of changes (increase/decrease) in demand. 8
10
(b) Show the relation between the law of diminishing marginal 10
utility and the law of demand.
4. (a) Define "Consumer's surplus" and criticize the concept. 10
(b) Discuss the theoretical and practieaj utility of the concept of 10
"consumer's surplus
5. (a) Define price elasticity Of demand and discuss 'its 12
determinants.
(b) Show with help of diagrams the f' distinction between8
(i) infinitely elastic demand, (ii) perfectly inelastic demand,
and (iii) unit elasticity at all points of the demand curve.
6. (a) What is an iso-product curve? 10
(b) What are the properties of an iso-product curve? Use 10
diagrams.
7. (a) Discuss the main characteristics ofa monopoly market. 8
(b) Illustrate how the equilibrium price and the quantity of 12
output are determined 111 this type of market in the short run.
8. (a) Draw a famil of short-run cost curves of a firm, viz., its 15
total cost (Td), total fixed cost (TFC), total variable cost
(TVC), and average cost (AC), average fixed cost (AFC),
average variable cost (AVC), and marginal cost (MC),
(b) Show the relationship between average cost (AC), and 5
marginal cost (MC) curves.
[Please turn over
Collected & Edited by Banking News Bangladesh, Email: [email protected],
www.bankingnewsbd.com

****** Result for Image/Page 2 ******


2
Marks
9. (a) Distinguish between "balance of trade" and "balance of 8
payments."
(b) Suggest some measures for correcting Bangladesh's balance 12
of payments deficits.
10. Write short notes on any four of the following
(a) Terms of trade;
(b) statutory liquidity requirement (SLR);
(c) Specialized banks;
(d) Market economy;
(e) Basel-Ill Accord;
(f) Rectangular hyperbola.
Collected & Edited by Banking News Bangladesh, Email: [email protected],
www.bankingnewsbd.com

You might also like