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Managerial Economics
Managerial Economics
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(B) Explain corccpt of opportunity cost. Describe principles of opportunity cost and equi
marginal principle with an example. 16
2. (A) Explain the meaning ofdemand estjmatioD and dema.od forec€sting. Discuss thc methods
of dcmand foreaasting. 16
OR
(B) Explain the law of demand with example and diagram. State the exceptions of law of
demand. 16
3. (A) Explain the average and marginal cost curve in Long run. \f,,hat is thc relationship
between these two ? Discuss. 16
OR
(B) Discuss the economies and diseconomies of scale. 16
4. (A) what is price discrimination ? Exprain the kinds and conditions of price discrimination.
l6
OR
(B) What is oligopoly, monopoly and p€rfe.t competition ? Discuss price determination
under oligopoly. t6
5, (A) What is business cycle ? Discuss the theory of Lusincss cycle of Hicks. 16
OR
(B) What is inflation ? Write the types of inflation and discuss the measures to conrrol thc
inflation. 16
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MANAGERIAL ECONOMICS (OLD)
Prpcr-101
Time : Three Hours] [Maximum Marks : 80
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