DISTANCE EDUCATION
M.B.A. 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 — × 8 40 marks)
Answer any FIVE questions.
1. Point out the difference between managerial Economics
and Economics.
2. State the utility of the study of managerial economics.
3. What are the exceptions to the law of demand?
4. Distinguish between elastic and inelastic demand.
5. State difference between cost control and cost reduction.
6. What are the features of a monopolistic competition?
7. Differentiate accounting profit from economic profit.
8. Explain the various concepts of measuring national
income.
Sub. Code
13
DE-2661
2
ws 8
PART B — X 15 60 marks)
Answer any FOUR questions.
9. Managerial economics is Economics applied in decision
making Explain.
10. Explain the types and determinants of demand.
11. Under competitive conditions resources allocation would
be optimal Justify this statement.
12. What are the methods of measuring national income?
13. Discuss briefly the various theories of trade cycle and
explain how far are they useful in the decision making
process?
14. Ananlyse the relationship of managerial economics with
other disciplines.
15. Examine the importants of profit policy, profit planning
and profit forecasting.