Exam Details
| Subject | managerial economics | |
| Paper | ||
| Exam / Course | mba | |
| Department | ||
| Organization | Gujarat Technological University | |
| Position | ||
| Exam Date | May, 2017 | |
| City, State | gujarat, ahmedabad |
Question Paper
Page 1 of 2
Seat No.: Enrolment No. GUJARAT TECHNOLOGICAL UNIVERSITY MBA (INTEGRATED)- SEMESTER-03 • EXAMINATION-SUMMER 2017 Subject Code: 4130501 Date: 25/05/2017 Subject Name: Managerial Economics Time: 02.30 PM TO 05.30 PM Total Marks: 70 Instructions: 1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks.
Q.I What are the basic problems of an economy and explain how 07 these problems are solved in a capitalist economy. Define Price Elasticity of Demand. Explain the any four factors 07 influencing price elasticity of demand Q.2 Explain Fisher's Equation of Exchange Approach to the 07 Quantity Theory of Money Explain briefly the scope of managerial economics and describe 07 with an example how any one of these concepts helps in managerial decision making process. OR Explain percentage method and total outlay method of measuring 07 price elasticity of demand
Q.3 Explain the law of variable proportions 07 Explain short run cost-output relationship with suitable table and 07 diagram OR Q.3 Explain of MR-MC approach of producer's equilibrium when price 07 remains constant and when price falls with rise in output What is an indifference curve? Explain any five properties of 07 indifference curve.
Q.4(a) Explain price-output determination of a firm during short-run 07 under conditions of monopolistic competition. Describe consumer's equilibrium with the help of the Law of 07 Equi-Marginal Utility OR
Q.4 Define perfect competition. Explain any five features of perfect 07 competitive market Define inflation. Explain the effects of inflation on five different 07 classes of people.
Q.5 What do you mean by social infrastructure? Explain the growth of 07 different components of social infrastructure in Indian economy since 1991.
Page 2 of 2
Explain briefly various poverty alleviation measures set up by 07 Government of India OR Q.5(a) Explain briefly the causes of unemployment problem in India. 07 Suggest any two measures to minimize unemployment Explain briefly the effects high rate of growth of population in India 07
Seat No.: Enrolment No. GUJARAT TECHNOLOGICAL UNIVERSITY MBA (INTEGRATED)- SEMESTER-03 • EXAMINATION-SUMMER 2017 Subject Code: 4130501 Date: 25/05/2017 Subject Name: Managerial Economics Time: 02.30 PM TO 05.30 PM Total Marks: 70 Instructions: 1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks.
Q.I What are the basic problems of an economy and explain how 07 these problems are solved in a capitalist economy. Define Price Elasticity of Demand. Explain the any four factors 07 influencing price elasticity of demand Q.2 Explain Fisher's Equation of Exchange Approach to the 07 Quantity Theory of Money Explain briefly the scope of managerial economics and describe 07 with an example how any one of these concepts helps in managerial decision making process. OR Explain percentage method and total outlay method of measuring 07 price elasticity of demand
Q.3 Explain the law of variable proportions 07 Explain short run cost-output relationship with suitable table and 07 diagram OR Q.3 Explain of MR-MC approach of producer's equilibrium when price 07 remains constant and when price falls with rise in output What is an indifference curve? Explain any five properties of 07 indifference curve.
Q.4(a) Explain price-output determination of a firm during short-run 07 under conditions of monopolistic competition. Describe consumer's equilibrium with the help of the Law of 07 Equi-Marginal Utility OR
Q.4 Define perfect competition. Explain any five features of perfect 07 competitive market Define inflation. Explain the effects of inflation on five different 07 classes of people.
Q.5 What do you mean by social infrastructure? Explain the growth of 07 different components of social infrastructure in Indian economy since 1991.
Page 2 of 2
Explain briefly various poverty alleviation measures set up by 07 Government of India OR Q.5(a) Explain briefly the causes of unemployment problem in India. 07 Suggest any two measures to minimize unemployment Explain briefly the effects high rate of growth of population in India 07
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