Total No. of Pages: 3 6839 Register Number:

Name of the Candidate:

M.B.A DEGREE EXAMINATION, May 2015

(FIRST YEAR)

130: MANAGERIAL ECONOMICS

Time: Three hours Maximum: 75 marks

SECTION - A

Answer any FIVE questions (5 3 = 15)

1. Define Managerial Economics.

2. What do you mean by Giffen effect?

3. Write the meaning of Historical cost.

4. Break even analysis Explain.

5. Explain the meaning of Isoquants curve.

6. What do you mean by customary pricing?

7. Give a note on profit maximisation.

8. Write the Fishers definition on National Income.

SECTION - B

Answer any THREE questions (3 10 = 30)

9. Managerial economics is economics applied in decision making Explain.

10. Explain Trend Projection method and Collective Opinion method of demand forecasting.

11. State the salient features of LAC curve and discuss its usefulness in management decision making.

12. Discuss the main features of monopolistic competition. How can such competition be sustained?

13. Write down the various profit theories and explain the functions of profit.

14. Write a detailed note on :

a) GNP b) DPI

SECTION - C Answer any TWO questions (2 15 = 30)

15. Explain the various types of price elasticity of demand and income elasticity of demand.

16. Discuss the utility of cost-voloum-profit analysis in managerial decision making.

2

6839 17. Enumerate the different types of pricing a product and state which method you

adopt for the introduction of a new product.

18. Profit is the reward for risk-bearing function of the entrepreneur examine critically.

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