Total No. of Questions 10] [Total No. of Pages 01
P.G. DIPLOMA DEGREE EXAMINATION, MAY 2018
BUSINESS MANAGEMENT
Managerial Economics
Time 3 Hours Maximum Marks :70
Answer any five of the following questions.
All questions carry equal marks.
Q1) Explain the nature of Managerial Economics. Discuss its scope in detail.
Q2) What is meant by elasticity of demand? Explain with examples about price
elasticity of demand.
Q3) Describe briefly about various economics of large scale production.
Q4) Explain the pricing strategies and tactics.
Q5) Describe the managerial theories of firm.
Q6) Explain different methods of capital budgeting.
Q7) What do you mean by profit? Write briefly about any one of the theories of profit.
Q8) Briefly explain the concepts of risk and uncertainty. What are the different methods
of measuring risk?
Q9) Explain how the price is determined in case of monopolistic competition.
Q10) Explain the determinants of demand.