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Tuesday, November 24, 2015

Managerial Economics Question Paper of MBA Semester 1, Download Question Paper 7








Roll No……
Total No. of Question: 07

MBA/MBA (IB) (Sem.-1st)
          MANAGERIAL ECONOMICS
SUBJECT CODE: MB-105 (2008 & onward Batches)
Paper ID: [C0170]

Time: 3 Hrs.                                                                           Max. Marks: 60
Instruction to Candidates:
1.      Section-A is Compulsory.
2.      Attempt any Four questions from Section-B.

SECTION-A
(10 x 2=20)
Q1.
(a)    Define opportunity cost.
(b)   What is elasticity of demand?
(c)    Distinguish between fixed cost and variable cost.
(d)   What are indifference curves?
(e)    What is break-even point?
(f)    Define gross domestic product as factor cost.
(g)   Define full employment.
(h)   What is trade cycle?
(i)     Define dynamic multiplier.
(j)     Give objective of monetary policy?

SECTION-B
( 4 x 10=40)
Q2. Discuss the scope of managerial economics. Explain the other related discipline to managerial economics?
Q3. Define demand and describe its determinants with suitable examples.
Q4. Explain the equilibrium of firm under perfect competition in the short run?
Q5. What is price discrimination? Explain how price and output is determined in case of discriminating monopoly?
Q6. What is National Income? Explain the various methods of measuring National Income?

Q7. What is inflation? Explain the measures to control inflation?

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