DISTANCE EDUCATION
M.B.A. (Tourism) DEGREE EXAMINATION,
DECEMBER 2017.
First Semester
MANAGERIAL ECONOMICS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
PART A — X 8 40 marks)
Answer any FIVE questions.
1. Explain the nature and scope of managerial economics.
2. Differentiate between company demand and individual
demand.
3. Write a note on fixed cost and variable cost.
4. Bring out the usefulness of production function in
managerial decision making.
5. List out the types of price discrimination.
6. Explain the concept of price discount and discrimination.
7. Define capital budgeting and bring out its need.
8. Examine the various methods of measuring national
income.
Sub. Code
13
DE-2852
2
wk14
PART B — 15 60 marks)
Answer any FOUR questions.
9. Discuss the role of a managerial economist in a modern
business decision making.
10. Explain the factors determining demand for a product.
11. Explain the various technique used cost reduction.
12. Discuss the price and output determination under perfect
competition.
13. Examine the different theories of profit.
14. Enumerate the importance and limitations of estimating
national income in India.
15. Describe the various government measures to solve
inflation.