M.B.A. (Business Analytics) DEGREE EXAMINATION,
NOVEMBER 2017
ECONOMIC ANALYSIS FOR BUSINESS DECISIONS
(2016 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 x 2 20)
Answer all questions.
1. Distinguish between internal economies and external
economies.
2. Explain the law of diminishing marginal utility.
3. Bring out the main features of perfect competition.
4. Define cost plus inflation.
5. Explain imperfect competition.
6. What is market mechanism?
7. Define consumer surplus.
8. Define production function.
9. Define perfectly competitive industry.
10. Explain how elasticity of demand analysis is useful for
business decision.
Sub. Code
15
CP-8247
2
sp6
Part B x 5 25)
Answer all questions.
11. Explain circular flow economic activity in Four
Sector Model.
Or
What are the different types of price elasticity of
demand?
12. Define the concept supply and the law of supply.
Or
Discuss the managerial uses of production function.
13. Distinguish between monopoly and perfect market.
Or
Define Business cycle, list out its characteristic
features.
14. Explain various phases of a business cycle.
Or
Discuss the causes and control measures of the
inflation.
15. Discuss the nature and scope of managerial
economics.
Or
Examine the reasons for inflation and its impact on
people and business.
CP-8247
3
sp6
Part C x 10 30)
Answer all questions.
16. State the significance of managerial economics in
decision making.
Or
Explain the various factors influencing the price
elasticity of demand.
17. Inflation is unjust, deflation is inexpedient —
Explain.
Or
Elaborate the various factors influencing the level of
money supply in an economy.
18. Explain how elasticity of demand analysis is useful
for business decision.
Or
Identify the causes of inflation and discuss its
effects on multi-dimensional policy.
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