Exam Details
| Subject | managerial economics | |
| Paper | ||
| Exam / Course | commerce | |
| Department | ||
| Organization | Mar Ivanios College | |
| Position | ||
| Exam Date | November, 2016 | |
| City, State | kerala, thiruvananthapuram |
Question Paper
(Pages 1028
P.T.O.
MAR IVANIOS COLLEGE (AUTONOMOUS)
THIRUVANANTHAPURAM
Reg. No. :.………………… Name :.………………….
First Semester B.Com. Degree Examination, November 2016
First Degree Programme under CBCSS
Complementary Course (for Commerce)
AUCO131: Managerial Economics
Time: 3 Hours Max. Marks: 80
SECTION A
Answer ALL questions in one or two sentences.
1. State the Law of Demand.
2. What do you mean by Business Cycle
3. What is Implicit Cost
4. What do you mean by rational decisions
5. What do you mean by Recession
6. What is Macro Economics
7. What is Diminishing Marginal utility
8. What is Derived Demand
9. What is Equilibrium Price
10. What is price discrimination
(10 x 1 10 Marks)
SECTION B
Answer any EIGHT questions, each in a short paragraph not exceeding 50 words.
11. "A product is nothing without utility". Elaborate.
12. Write a note on Price Leadership under Oligopoly.
13. How would you measure advertisement elasticity
14. Discuss the process of decision making.
1028
2
15. What is BEP pricing method
16. What is Oligopoly Mention an example.
17. Compare and contrast managerial economics from traditional economics.
18. Discuss Giffen Paradox.
19. State the relationship between TC, AC and MC.
20. What is Monopolistic Competition
21. What is Product Life Cycle
22. What is Marginal Rate of Technical Substitution
x 2 16 Marks)
SECTION C
Answer any SIX questions, each in a paragraph not exceeding 120 words.
23. Write a note on the optimum combination of inputs.
24. Explain elasticity of demand and its kinds.
25. Discuss the role of a managerial economist in business.
26. Explain Delphi Technique.
27. Illustrate Cobb Douglas production function with a suitable example.
28. Write short notes on Iso Quant curves and Iso Cost curves.
29. Briefly discuss the stages in business cycle.
30. Discuss the certainty and uncertainty in decision analysis.
31. Discuss the gap between theory and practice of managerial economics.
x 4 24 Marks)
SECTION D
Answer any TWO questions, not exceeding four pages.
32. "Cost is not necessarily the sole determinant of price". Discuss the various determinants of price of a product or service.
33. Articulate the causes and indicators of business cycles.
34. "Scale of activity is a twin headed sword". Enunciate both the sides of possibilities.
35. How would you forecast the demand for a newly launched FMCG product
x 15 30 Marks)
P.T.O.
MAR IVANIOS COLLEGE (AUTONOMOUS)
THIRUVANANTHAPURAM
Reg. No. :.………………… Name :.………………….
First Semester B.Com. Degree Examination, November 2016
First Degree Programme under CBCSS
Complementary Course (for Commerce)
AUCO131: Managerial Economics
Time: 3 Hours Max. Marks: 80
SECTION A
Answer ALL questions in one or two sentences.
1. State the Law of Demand.
2. What do you mean by Business Cycle
3. What is Implicit Cost
4. What do you mean by rational decisions
5. What do you mean by Recession
6. What is Macro Economics
7. What is Diminishing Marginal utility
8. What is Derived Demand
9. What is Equilibrium Price
10. What is price discrimination
(10 x 1 10 Marks)
SECTION B
Answer any EIGHT questions, each in a short paragraph not exceeding 50 words.
11. "A product is nothing without utility". Elaborate.
12. Write a note on Price Leadership under Oligopoly.
13. How would you measure advertisement elasticity
14. Discuss the process of decision making.
1028
2
15. What is BEP pricing method
16. What is Oligopoly Mention an example.
17. Compare and contrast managerial economics from traditional economics.
18. Discuss Giffen Paradox.
19. State the relationship between TC, AC and MC.
20. What is Monopolistic Competition
21. What is Product Life Cycle
22. What is Marginal Rate of Technical Substitution
x 2 16 Marks)
SECTION C
Answer any SIX questions, each in a paragraph not exceeding 120 words.
23. Write a note on the optimum combination of inputs.
24. Explain elasticity of demand and its kinds.
25. Discuss the role of a managerial economist in business.
26. Explain Delphi Technique.
27. Illustrate Cobb Douglas production function with a suitable example.
28. Write short notes on Iso Quant curves and Iso Cost curves.
29. Briefly discuss the stages in business cycle.
30. Discuss the certainty and uncertainty in decision analysis.
31. Discuss the gap between theory and practice of managerial economics.
x 4 24 Marks)
SECTION D
Answer any TWO questions, not exceeding four pages.
32. "Cost is not necessarily the sole determinant of price". Discuss the various determinants of price of a product or service.
33. Articulate the causes and indicators of business cycles.
34. "Scale of activity is a twin headed sword". Enunciate both the sides of possibilities.
35. How would you forecast the demand for a newly launched FMCG product
x 15 30 Marks)
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- co – operative management & administration
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