M.B.A. DEGREE EXAMINATION, APRIL 2018
First Semester
Management Studies
MANAGERIAL ECONOMICS
(CBCS 2017 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 X 2 20)
Answer all questions.
1. List out the scope of managerial economics.
2. What are the tools used in managerial economics for
decision making?
3. Bring out the objectives of demand analysis.
4. Define demand forecasting.
5. What is fixed proportion production function?
6. Draw short run average cost curve.
7. List out the features of monopolistic competition.
8. Explain the imperfect competition.
9. What is Net National Product?
10. What is demand pull Inflation?
Sub. Code
7MBA1C2
AFS-0538
2
Wk 11
Part B X 5 25)
Answer all questions, choosing either or
11. Discuss the role of managerial economist.
Or
State the uses of managerial economics.
12. What are the factors determining the demand?
Or
What do you mean by elasticity of demand? How it
is measured?
13. Write the general applicability of the law of
diminishing return.
Or
Explain the U shape of the long run average cost
curve.
14. Explain the price output equilibrium under the
market structure of monopoly.
Or
What are the approaches to determine the price
under oligopoly? Explain.
15. Describe the methods for measuring national
income.
Or
Write the phases of economic business cycles.
AFS-0538
3
Wk 11
Part C 10 30)
Answer any three questions.
16. "Managerial Economics have relationships with various
disciplines Explain.
17. Explain in detail the elasticity of demand and its
measurements methods.
18. Derive long run average cost curve from short run
average cost curves. How are they related to each other?
19. How price is determined under various market
structures? Explain.
20. What do you mean by national income? Explain its
concepts.
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