(Pages 1228
P.T.O.
MAR IVANIOS COLLEGE (AUTONOMOUS)
THIRUVANANTHAPURAM
Reg. No. :.………………… Name:………………….
First Semester B.Voc. Degree Examination, November 2016
First Degree Programme under CSS
General Course II: (for Software Development)
AUSD163: Managerial Economics
for 2015 Admissions Only
Time: 3 Hours Max. Marks: 80
SECTION A
Answer ALL questions in one or two sentences.
1. Define Managerial Economics.
2. What is Marginal Utility
3. What is Consumer's surplus
4. What is Demand
5. What is Sunk Cost
6. What is Monopolistic Competition
7. What is Oligopoly
8. What do you mean by Boom
9. What is Isoquant
10. Define Trade Cycle.
(10 1 10 Marks)
SECTION B
Answer any EIGHT questions, not exceeding a paragraph of 50 words.
11. Write the importance of Macro Economics.
12. What is the scope of managerial Economics
13. What is Law of Diminishing Marginal Utility
1228
2
14. What are the difference between Demand Schedule and Demand Curve
15. What are the important features of Delphi Method
16. Write the characteristics of a good Forecasting.
17. What is Mark UP Pricing
18. Write the important phases of Business Cycle.
19. What is Trend Projection
20. What is Income Elasticity
21. State the important features of boom
22. What is Duopoly
2 16 Marks)
SECTION C
Answer any SIX questions, in a page of 100 words.
23. Write are the steps in decision making.
24. Explain exceptions of Law of Demand.
25. Explain various kinds of Elasticity.
26. Explain Cobb Douglas Production Function.
27. Narrate various concepts of Costs.
28. Identify and explain the different degrees of price discrimination.
29. Explain the important Non Monetary theories of trade cycle.
30. What are the objectives of Pricing Policy of an organization
31. What are the important indicators of Business Cycle
4 24 Marks)
SECTION D
Answer any TWO questions, not exceeding four pages.
32. Discuss the important economic concepts applied in Decision Making.
33. Explain various determinants of demand with suitable Examples.
34. "Economies of scale are associated with large scale operations". Explain.
35. Why Monopoly Evaluate its merits and Demerits.
15 30 Marks)