M.B.A. DEGREE EXAMINATION, APRIL 2016
First Semester
MANAGERIAL ECONOMICS
(Common for MBA
(2012 onwards)
Time 3 Hours Maximum 75 Marks
Part A 3 15)
Answer all questions.
1. Define Managerial Economics.
2. Define Elasticity of Demand.
3. What is explicit cost and implicit cost?
4. What do you mean by monopolistic competition?
5. What is business cycle?
Part B 10 50)
Answer all questions choosing either or
6. What are the various characteristics of managerial
economics?
Or
Explain the various roles of managerial economics
in business.
Sub. Code
652105/
632105/
622105/
643105/
641105
RW-11024
2
ws 4
7. Explain the different kinds of elasticity of demand.
Or
Discuss the determinants of supply and elasticity of
supply.
8. Explain the different types of cost.
Or
Describe Cobb-Douglas production function.
9. Distinguish between short-term goals of profit and
long-term goals of profit.
Or
What are the main features of Oligopoly?
10. What are the various factors that cause inflation
and deflation?
Or
Discuss the macro economics factors in detail.
Part C 10 10)
(Compulsory)
11. What are the problems faced in determining the demand
for a durable good. Illustrate with example of demand for
household refrigerator or a television set?