6839

Total No. of Pages: 3

Register Number:
Name of the Candidate:

M.B.A DEGREE EXAMINATION, May 2015

(FIRST YEAR)

130: M ANAGERIAL ECONOM ICS

Time: Three hours

Maximum: 75 marks
SECTION - A
Answer any FIVE questions

1.
2.

Define Managerial Economics.

What do you mean by Giffen effect?

3.
4.

Write the meaning of Historical cost.

Break even analysis Explain.

5.
6.

Explain the meaning of Isoquants curve.

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

9.
10.
11.

(5 3 = 15)

(3 10 = 30)

Managerial economics is economics applied in decision making Explain.

Explain Trend Projection method and Collective Opinion method of demand
forecasting.
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.
14.

Write down the various profit theories and explain the functions of profit.
W rite a detailed note on :
a) GNP

b) DPI
SECTION - C
Answer any TW O 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
17.
18.

6839

Enumerate the different types of pricing a product and state which method you
adopt for the introduction of a new product.
Profit is the reward for risk-bearing function of the entrepreneur examine
critically.

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6839
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