B.B.A. DEGREE EXAMINATION, APRIL 2018
First Semester
Business Administration
MANAGERIAL ECONOMICS
(CBCS 2017 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 x 2 20)
Answer all questions.
1. State the law of demand.
2. What is consumer surplus?
3. Define elasticity of demand.
4. What are the assumptions of the indifference curves
technique?
5. Explain the term cost.
6. What is break even point?
7. State the difference between perfect competition and
monopolistic competition.
8. What is Oligopoly?
9. Define fiscal policy.
10. How does taxation policy of the Government affect an
economy?
Sub. Code
7BBA1C1
AFS-0334
2
Ws8
Part B x 5 25)
Answer all questions, choosing either or
11. Define demand. Briefly explain the determinants of
demand and supply.
Or
Explain the law of diminishing marginal utility.
12. Briefly discuss the various types of elasticity of
demand.
Or
Describe returns to scale and its types and also its
uses.
13. Explain the factors influencing national income.
Or
What are the various types of costs?
14. What are the classifications of markets?
Or
Explain the price and output determination under
monopolistic competition.
15. What are the objectives of fiscal policy in India?
Or
Discuss in detail the various methods of credit
control.
AFS-0334
3
Ws8
Part C x 10 30)
Answer any three questions.
16. Discuss the uses of managerial economics.
17. Explain how elasticity of demand is useful for making
business decisions.
18. Discuss the recent economic growth and stability of India.
19. Explain the characteristics of perfect and imperfect
market.
20. Enumerate the role of Commercial Banks in the present
economy scenario.