You can Global Business Environment and Economics SGVU Exam Question Sample Paper at Rs. 300/- per subject. Also available in combo pack – SGVU Assignment and/or Exam Paper for quick preparation and better mark in your distance MBA.
Descriptive type SGVU Exam Question
- Explain how consumption behavior varies over the different phases of the business cycle. Provide examples to illustrate your points.
- Create a single diagram illustrating the Average Total Cost (ATC), Average Variable Cost (AVC), and Marginal Cost (MC) curves. Explain the significance of each curve in the context of a firm’s production decisions.
- Define the concept of the scale of production in economics. How does it relate to a firm’s output and cost structure? Provide real-world examples.
- Provide the formula used to calculate the price elasticity of demand. Explain the components of this formula and their significance in measuring demand elasticity.
- State the law of demand and describe its implications for pricing and production decisions in a market. Provide practical examples to illustrate this economic principle.
- Discuss the main factors or causes that can lead to recessions in the global business environment. How do these factors impact economic activity and employment?
- Explain the concept of fiscal policy and its role in managing the business cycle. How can governments use fiscal policy tools to counteract economic downturns?
- Analyze the relationship between inflation and the business cycle. How does inflationary pressure affect consumer behavior and business operations during different economic phases?
- Define the term “commodity market” in the context of global economics. Describe the key characteristics and participants in commodity markets.
- Discuss the concept of international trade and its impact on the global business environment. How do trade agreements and tariffs influence international trade patterns?
- Explain the concept of monetary policy and its role in stabilizing the economy. How do central banks use interest rates and money supply to manage the business cycle?
- Describe the concept of exchange rates and their significance in global business. How do exchange rate fluctuations impact international trade and investments?
- Discuss the advantages and disadvantages of globalization in the context of the global business environment. How does globalization affect economic growth and income inequality?
- Define the term “trade deficit” and explain its implications for a country’s economy. How does a trade deficit relate to the balance of payments?
- Analyze the concept of economic indicators and their role in assessing the health of an economy. Provide examples of key economic indicators and explain their significance for businesses and policymakers.
Short notes
- Balance of Payments
- Balance of Trade
- Bretton Woods System
- Currency Exchange Market (Forex)
- Definition of Market
- Economic Development
- Economic Indicators
- Exchange Rates
- Features of Business Cycles
- Fiscal Policy
- Foreign Direct Investment (FDI)
- Gini Coefficient (Gini Index)
- Globalization
- Importance of Business Economics
- Law of Variable Proportions
- Market Structures
- Monetary Policy
- Production Functions
- Special Economic Zones (SEZs)
- Sustainable Development
- Trade Barriers
- Types of Demand
- Types of Elasticity of Demand
- Types of Inflation
- Ways to Fix Deflation
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