Exam Details
| Subject | Managerial Economics | |
| Paper | ||
| Exam / Course | M.Sc in Hospitality Administration | |
| Department | School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2015 | |
| City, State | new delhi, |
Question Paper
1. Discuss the role of managerial economics in preparing managers. How managerial economics is related to different disciplines?
2. What is the law of demand Discuss the tastes and preferences as determinants of demand.
3. Explain the major marketing approaches to demand measurement.
4. Explain the determinants of price elasticity. Elaborate with suitable examples from tourism industry.
5. What is production function? How does a long run production function differ from a short run production function? Explain.
6. Write short notes on any two of the following:
Explicit and Implicit costs
Direct and Indirect costs
Fixed and Variable costs
7. What do you understand by "cost-efficiency"? Draw a long run cost diagram and explain.
8. Explain the types of statistical analysis. Also discuss the limitation of different types of statistical analysis.
9. Classify the market structures based on certain factors. Support your answer with the help of suitable examples.
10. Distinguish between monopolistic competition and oligopolistic competition by referring suitable examples.
2. What is the law of demand Discuss the tastes and preferences as determinants of demand.
3. Explain the major marketing approaches to demand measurement.
4. Explain the determinants of price elasticity. Elaborate with suitable examples from tourism industry.
5. What is production function? How does a long run production function differ from a short run production function? Explain.
6. Write short notes on any two of the following:
Explicit and Implicit costs
Direct and Indirect costs
Fixed and Variable costs
7. What do you understand by "cost-efficiency"? Draw a long run cost diagram and explain.
8. Explain the types of statistical analysis. Also discuss the limitation of different types of statistical analysis.
9. Classify the market structures based on certain factors. Support your answer with the help of suitable examples.
10. Distinguish between monopolistic competition and oligopolistic competition by referring suitable examples.
Other Question Papers
Departments
- Centre for Corporate Education, Training & Consultancy (CCETC)
- Centre for Corporate Education, Training & Consultancy (CCETC)
- National Centre for Disability Studies (NCDS)
- School of Agriculture (SOA)
- School of Computer and Information Sciences (SOCIS)
- School of Continuing Education (SOCE)
- School of Education (SOE)
- School of Engineering & Technology (SOET)
- School of Extension and Development Studies (SOEDS)
- School of Foreign Languages (SOFL)
- School of Gender Development Studies(SOGDS)
- School of Health Science (SOHS)
- School of Humanities (SOH)
- School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
- School of Journalism and New Media Studies (SOJNMS)
- School of Law (SOL)
- School of Management Studies (SOMS)
- School of Performing Arts and Visual Arts (SOPVA)
- School of Performing Arts and Visual Arts(SOPVA)
- School of Sciences (SOS)
- School of Social Sciences (SOSS)
- School of Social Work (SOSW)
- School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
- School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
- School of Translation Studies and Training (SOTST)
- School of Vocational Education and Training (SOVET)
- Staff Training & Research in Distance Education (STRIDE)
Subjects
- Basics Of Human Resource Planning
- Conceptual Framework Of Employment Relations
- Labour Laws
- Managerial Economics
- Marketing Management
- Sales And Marketing
- Sales Management