DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
First Semester
MANAGERIAL ECONOMICS
(Upto 2012 2013 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — X 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. What is the difference between economic theory and
managerial economics?
2. What are exceptions to the law of demand?
3. Distinguish between economies and diseconomies of
scale.
4. What is need for the government to have control over
pricing?
5. How do the determinants of private investment differ
from those bearing on public investment?
6. Enumerate the phases of a business cycle.
7. Distinguish between economic profits and accounting
profits with suitable examples.
8. What is peak and off-peak pricing? Give example.
Sub. Code
12
DE-2701
2
Sp 1
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Discuss the vital significance of business decision
analysis.
10. Explain the different types of demand.
11. Describe the tools of cost control.
12. Explain price-output determination under Perfect
Competition.
13. What is profit forecasting? Describe the approaches to
profit forecasting.
14. What is disequilibrium in balance of payments? What are
its implications in managerial decisions?
15. Critically examine the economic theory of firm.