2024 2025 EduVark DU Economics Question Paper

#1
July 29th, 2016, 01:58 PM
 Unregistered Guest User
DU Economics Question Paper

Hi buddy for admission in MA economics in delhi university going to appear in DU DSE M.A. (Economics) Entrance Exam , so for its preparation looking for its question paper would you plz provide me ??

#2
July 29th, 2016, 02:22 PM
 Super Moderator Join Date: Mar 2012
Re: DU Economics Question Paper

As you want admission in MA economics in delhi university and for it will appear in DU DSE M.A. (Economics) Entrance Exam , so here on your demand I am providing its question paper

Question 1. There are two individuals, 1 and 2. Suppose, they are offered

a lottery that gives Rs 160 or Rs 80 each with probability equal to 1/2. The

alternative to the lottery is a fixed amount of money given to the individual.

Assume that individuals are expected utility maximizers. Suppose, individual

1 will prefer to get Rs 110 with certainty over the lottery. However, Individual

2 is happy receiving a sure sum of Rs 90 rather than facing the lottery. Which

of the following statements is correct?

(a) both individuals are risk averse

EEE 2015 01 2

(b) 2 is risk averse but 1 loves risk

(c) 1 is risk averse but 2 loves risk

(d) none of the above

Question 2. Consider an exchange economy with agents 1 and 2 and goods

x and y. The agents’ preferences over x and y are given. If it rains, 1’s

endowment is (10, 0) and 2’s endowment is (0, 10). If it shines, 1’s endowment

is (0, 10) and 2’s endowment is (10, 0).

(a) the set of Pareto efficient allocations is independent of whether it rains

or shines

(b) the set of Pareto efficient allocations will depend on the weather

(c) the set of Pareto efficient allocations may depend on the weather

(d) whether the set of Pareto efficient allocations varies with the weather

depends on the preferences of the agents

Question 3. Deadweight loss is a measure of

(a) change in consumer welfare

(b) change in producer welfare

(c) change in social welfare

(d) change in social inequality

Question 4. To regulate a natural monopolist with cost function C(q) =

a + bq, the government has to subsidize the monopolist under

(a) average cost pricing

(b) marginal cost pricing

(c) non-linear pricing

(d) all of the above

Attached Files
 DU DSE M.A. (Economics) Entrance Exam paper.pdf (208.1 KB, 114 views)