Ws 11

APRIL 2014

77355/PMD1E

Time : Three hours Maximum : 75 marks

PART A (10 1 = 10
marks) Answer any TEN
questions. All questions carry
Write short notes
the following :
equalon
marks.
1. Managerial economics
2. Decision making
3. Demand
4. Elasticity of demand
5. Full cost pricing
6. Target pricing
7. Perfect competition
8. Legal power
9. Monopolistic competition
10. Net national product
11. Trade cycle
12. Cost push inflation

Ws 11

PART B (5 5 = 25 marks)
Answer any FIVE questions. All
questions carry equal marks.
13.
State the relationship between managerial
economics and macro economics.
14.
Explain the different types of demand
forecasting.
15.
Explain the longrun costoutput
relationship.
16.
Explain the problems in pricing a new
product.
17.
What is national income? Describe how it
could be measured?
18.
Analyse the effects of inflation on different
sectors of the economy and also on different
classes of people.
19.
Describe the instruments of fiscal policy.
PART C (4 10 = 40 marks) Answer Q.No : 20
Compulsory and answer any THREE
questions from Q.No. 21 to 24
All questions carry equal
marks.
20.
Discuss the role of a managerial
economist.
21.
Explain the features of a good forecasting
method. 2 77355/PMD1E

Ws 11

22.
Explain the illustrate the differences between
perfect competition and monopoly regarding
pricing output and nature of curves.
23.
Discuss how for national income is a reliable
index of economic welfare of a nation.
24.
Discuss the functions of central bank in
implementing monetary policy.

3 77355/PMD1E

Sp 6

APRIL 2015 77355/PMD1E

Time : Three hours Maximum : 75 marks
PART A (10 1 = 10 marks)
Answer any TEN questions. Write
short notes on the following :
1. Opportunity cost
2. Nature of managerial economics
3. Discounting principle
4. Determinants of demand
5. Degrees of income elasticity
6. Trend projection
7. Characteristics of Isoquants
8. Controllable and uncontrollable costs
9. Kinked demand curve
10. Functions of money
11. Limitations of National Income
12. Consumption function.

Sp 6

PART B (5 5 = 25 marks)
Answer any FIVE questions.
13.
What are the economic principles relevant to
managerial decision? Explain.
14.
Define law of demand. List out the exceptions to
the law of demand.
15.
Critically analyze the advantages and disadvantages
of quantitative and qualitative methods of demand
forecasting.
16.
What do you mean by returns to scale? Explain
different types of returns to scale.
17.
What is monopoly? Explain the types of monopoly
and the reasons for the creation of monopoly.
18.
Percapita income is just an average and is affected
by extreme values, therefore it cannot be taken as an
indicator of living people of the country. Discuss.

19.
Write about the impact of globalization on Indian
business sector.
2 77355/PMD1E

Sp 6

PART C (4 10 = 40 marks)
Answer Q.No. 20 compulsory and answer any
THREEquestion from Q.No. 21 to Q.No. 24.
20.
Discuss the relation of managerial economics with
various decision sciences along with relevantexample.
21.
Discuss various types of elasticities of demand
with neat graphs and suitable example.
22.
Illustrate with a neat sketch of how pricing is
done under monopolistic competition.
23.
No method of National Income Accounting is
perfect critically evaluate different methods ofNational
Income evaluation in the context of this statement.
24.
Explain the impact of monetary policy decisions
on demand and supply of money in a country.

3 77355/PMD1E

wk12

APRIL 2016

77355/PMD1E

Time : Three hours Maximum : 75 marks

PART A (10 1 = 10 marks)
Answer any TEN questions. Write
short notes on :
1. Opportunity cost
2. Production possibility curve
3. Determinants of demand
4. Law of supply
5. Income elasticity of demand
6. Characteristics of isoquants
7. Replacement costs
8. Features of monopoly
9. Gross national product
10. Features of business cycles
11. FII
12. Types of inflation

wk12

PART B (5 5 = 25 marks) Answer any

FIVE questions from the following.
13.
Examine the various other disciplines contributing
the Managerial Economics and state their importance.
14.
What is Income Elasticity of Demand? Explain
types of income elasticity.
15.
Explain the need for Demand Forecasting. List
out the characteristics of good Demand Forecasting.
16.
Write a brief note on law of variable
proportions.
17.
Examine the output and pricing decisions
inMonopolistic Competition.
18.
What do you mean by National Income? Explain
the difficulties in measuring the National Income.
19.
Write about the recent updates in Government
Policy regarding FDI.
PART C (4 10 = 40 marks) Q. 20
is compulsory. Answer any THREE
from Q. 21 to 24.
20.
Kirloskar Ltd. is in the business of
producingbatteries. Fixed costs is Rs. 20,00,000. If they
incur Rs. 68 to produce one battery, they want to sell each
battery at Rs. 100 find out the BreakEven point.
2 77355/PMD1E

wk12

21.
Write about the shape of demand curve. Explain
why demand curve will be always downwardsloping.
22.

Write about different types of costs in the business.

23.
Write a brief note on fiscal policy of
India.
24.
Examine the role of New Economic Policy of India
in the economic development.

3 77355/PMD1E

Ws 6

NOVEMBER 2013

77355/PMD1E

Time : Three hours Maximum : 75 marks PART A

(10 1 = 10 marks) Answer any TEN questions. All
questions carry equal marks.

Write short notes on the following:

1
2
3
4
5
6
7
8
9

Capital management.
Marginal revenue.
Demand schedules.
Price elasticity of demand.
Distributor discounts.
Marginal cost pricing.
Markets.
Monopoly power.
Imperfect competition.

Ws 6

Gross national product.

Business cycle.
Demand pull inflation.

PART B (5 5 = 25 marks)
Answer any FIVE questions.
All questions carry equal
Explain the fundamental concepts that aid decisionmarks.
making.
Explain the objectives and purposes of forecasting.
Explain the shortrun costout put relationship.
Explain the method of pricing to "public utilities".
Explain how national income is a reliable index of
economic welfare of a nation.
Analyse the characteristic features of a business
cycle.
Explain the objectives of fiscal policy.
2 77355/PMD1E

Ws 6

PART C (4 10 = 40 marks)
Answer Q.No: 20 Compulsory and answer any
THREE questions from Q. No. 21 to 24.
All questions carry equal marks.
20.
An efficient business manager should have a
through knowledge of business environment.
Explain.
21.
Explain the methods which are available for
forecasting the demand for new products.
22.
Explain the classification of
markets.
23.
Discuss the uses of national income
statistics.
24.
Discuss the objectives of monetary
policy.

3 77355/PMD1E

Ws9

NOVEMBER 2014

77355/PMD1E

Time : Three hours Maximum : 75 marks

PART A (10 1 = 10 marks)
Answer any TEN questions. Write
short notes on the following :
1. Profit Management
2. Optimisation
3. Law of demand
4. Income elasticity of demand
5. Cash discounts
6. Differential pricing
7. Monopoly
8. Technical power
9. Oligopoly
10. National income
11. Inflation
12. Deflation.

Ws9

PART B (5 5 = 25
marks)
Answer any FIVE questions.
13.
Explain the scope of managerial
economics.
14.
Explain the various methods of demand forecasting.
15.
Explain how cost output relationship is determined
in long run?
16.
Illustrate how a firm under monopolistic
competition determines the price of the product.
17.
Analyse the difficulties in the computation of
national income.
18.
As a business manager, what steps would you
take during different phases of business cycle?
19.
Explain the various limitations of fiscal
policy.
PART C (4 10 = 40
marks)
Answer Q.No.20 compulsory and answer any THREE
questions from Q.No.21 to 24.
20.
Managerial economics is the discipline which
deals with application of economic theory of business
managementDiscuss.
21.
Explain the various assumptions of production
function.
2 77355/PMD1E

Ws9

22.
What is pricing discrimination? Illustrate
howprices are fixed under price discrimination?
23.
Enumerate the concept of disposable personal
income.
24.
RBI.

Discuss about the tools of credit available to the

3 77355/PMD1E

NOVEMBER 2015

77355/PMD1E

Time : Three hours Maximum : 75 marks

PART A (10 1 = 10 marks)
Answer any TEN questions. Write
short notes on:
1.

Marginal analysis

2.
Various departments related to
managerialeconomics
3.

Demand schedule

4.
Determinants of
supply
5.
Cross elasticity of
demand
6.
Factors of
production
7.
Direct and Indirect
costs
8.
Features of perfect
competition
9.
Phases of Business
cycle
10.
Fiscal policy
11.

Globalization

12.

Disinflation

PART B

(5

5 = 25 marks) Answer any

FIVE questions.

13.
Explain the nature and scope of managerial
economics.
14.
What do you mean by price elasticity of demand?
Explain various types of price elasticity of demand.
15.
Define demand forecasting. Write about various
demand forecasting techniques in business.
16.
Examine the output and pricing decisions in
monopoly along with neat graphs.
17.
Explain the shapes of cost curves in short run and
long run.
18.
What do you mean by a business cycle? Explain
the causes of Business cycle.
19.
What is inflation? Write about the causes of
inflation. Explain how can we control the inflation.
2 77355/PMD1E

PART C

(4

10 = 40 marks) Q. No. 20 is compulsory

Answer any THREE questions from 21 to

24

20.
Suppose Lizzat Ltd makes 10,000 candies per
month, it has to pay Rs. 2,000 per month towards rent of
factory and Rs. 5,000 per month aselectricity. It incurs a
cost of Rs. 1.5 to produce a candy and wants to sell at Rs.
4 per candy. FindBEP.
21.
What is Law of Demand? Explain the exemptions
to law of demand with examples.
22.
Write about various pricing methods available in
business with examples.
23.
Define National Income. Explain the methods
ofmeasuring national income.
24.
Write about the impact of Globalization in the
Indian economy in the recent decades.

3 77355/PMD1E