DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
First Semester
MANAGERIAL ECONOMICS
(Upto 2012 13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Point out the differences between managerial economics
and economics.
2. What is demand function? What are its uses?
3. Explain the cost output relationship in the short run and
long run.
4. Explain the managerial uses of production function.
5. What is monopoly? How to determine price under
monopoly?
6. Discuss profit planning and control.
7. What are the methods of measuring national income?
8. Mention the features of a business cycle.
Sub. Code
13
DE-570
2
sp3
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain the nature and scope of managerial economics.
10. What is law of demand? Why does demand curve slope
downward? State the exceptional demand curve.
11. Discuss the importance of economies of scale in decision
making.
12. Explain the term price discrimination. How is price
determined in a discriminating monopoly?
13. Contrast briefly the various theories of profit regarding
their explanation of the source of profit.
14. Explain the significance of national income analysis in
managerial economics.
15. What are the stages of Business Cycles? How to control
business cycles?