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Total No. of Pages: 2

4930

Register Number:

Name of the Candidate:

M.B.A. DEGREE EXAMINATION, May 2020

(FIRST YEAR)

530: MANAGERIAL ECONOMICS

(New Regulations)

Time: Three hours

Maximum: 75 marks

SECTION – A

Answer any FIVE questions

(5  3 = 15)

1.

What do you mean by managerial economics?

2.

What is cost function?

3.

Define monopoly market.

4.

What are the social responsibilities of business?

5.

What is meant by perfect competition?

6.

What do you mean by profit?

7.

What is meant by national income?

8.

Define fore casting.

SECTION – B

Answer any THREE questions

(3  10 = 30)

9.

Enumerate the significance of economic analysis in business, decision.

10.

Explain determinants of demand in detail.

11.

Explain price elasticity of demand.

12.

Explain the difference between accounting profit and economic profit in details.

13.

Define trade cycle. Explain the various phases of a trade cycle.

SECTION – C

Answer any ONE question

(1  15 = 15)

14.

Explain with example determinants of demand.

15.

How does supply curve in a planned economy differ from a market economy?

16.

Explain the scope and Methods of managerial economics.

SECTION – D

Compulsory

(1  15 = 15)

17.

Describe the concept of economic welfare and its relationship with national income of a country.

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9.

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10.

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11.

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