DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
First Semester
MANAGERIAL ECONOMICS
(2012-13 Academic Year and 2013 Calendar Year only)
(English Medium only)
Time Three hours Maximum 100 marks
SECTION A — × 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Briefly explain the five principles which are basic to the
entire gamut of managerial economics.
2. What factors influence elasticity of supply?
3. Examine critically the Cobb-Douglas production function.
4. What do you think price discrimination-harmful or
beneficial to society?
5. Critically examine the profit maximization doctrine.
6. Brief the current trend in balance of payments.
7. The long-run average cost curve is U-shaped. Does this
mean that the economies of scale do not exist?
8. Highlight the net present value criteria of investment
appraisal.
Sub. Code
13
DE-888
2
Ws 5
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Identify the tools of decision making in managerial
economics.
10. What are the advantages of Price elasticity of demand in
decision making?
11. Describe the relationship between output and cost in the
long run.
12. Differentiate between skimming price and penetration
price policy. Which of these policies is relevant in pricing
a new product under different competitive conditions in
market?
13. Describe the methods of determining break even analysis.
14. Discuss the measures to check inflation.
15. Discuss briefly the various theories of profit.