Microeconomics Midterm Summer 2026 Question Paper — Study Guide & FAQ

What is the Microeconomics Midterm Summer 2026 question paper?

This page hosts the Microeconomics Midterm Summer 2026 question paper for DIU BBA students studying Microeconomics (0311-212) during Summer 2026, Batch BBA 70. The PDF comes from our student archive — use it to learn the exam format, time yourself, and spot recurring topics.

What questions appear on this exam?

The transcript below shows real questions from this paper (OCR). Common themes include: Answer the following questions:; 'Economics deals with the relationship between ends and scarce means which have alternative uses' – Explain and justify this statement with numerical examples through Production Possibilities Frontier (PPF). 5 [CLO 1, Level 2]; A telecommunications company reduces the price of its mobile data packages by 30%. Following the price reduction, smartphone sales increase significantly. a. Analyze the relationship between smartphone sales and mobile data price. Explain why smartphone demand increased after the reduction in data package prices. How would the demand curve for smartphones be affected by this change? 6 [CLO 3, Level 4] b. Assume that the market for wheats is in equilibrium. Suddenly, the wheat market is subject to a major change. It is found that a group of insects destroyed a significant proportion of the wheat crop over the last week. Using the supply and demand model show and explain the impact of this changes on the equilibrium price and quantity in this market. 4[CLO 3, Level 4].

• Answer the following questions:
• 'Economics deals with the relationship between ends and scarce means which have alternative uses' – Explain and justify this statement with numerical example…
• A telecommunications company reduces the price of its mobile data packages by 30%. Following the price reduction, smartphone sales increase significantly. a.…
• Suppose, you are a dealer of computer business. You observe the demand and supply functions for computers are: D = 100,000 - 6P S = 2800 + 3P a. Identify the…

How should DIU BBA students use this past paper?

Attempt the full paper once without notes, then mark questions you could not finish in time. Compare your work with class notes, the course hub, and any answer scripts linked on this page. Repeat weak chapters one week before your real exam.