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  • Mefa

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    naveen
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    The document contains 4 sets of questions related to managerial economics. Set 1 includes questions about defining managerial economics, measuring demand elasticity, uses of Cobb-Douglas production functions, phases of the business cycle, and the accounting convention of conservatism. Set 2 covers the scope of managerial economics, comparing point and arc elasticity, the law of variable proportions, features of joint stock companies, and accounting conventions. Set 3 differentiates durable and non-durable goods demand, forecasting using least squares, returns to scale, features of departmental undertakings, accounting functions, and capital budgeting steps. Set 4 discusses how economics, management and operations research help decision making, qualitative forecasting methods, iso

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    SET WISE SHORT QUESTIONS

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    mefa

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    The document contains 4 sets of questions related to managerial economics. Set 1 includes questions about defining managerial economics, measuring demand elasticity, uses of Cobb-Douglas production functions, phases of the business cycle, and the accounting convention of conservatism. Set 2 covers the scope of managerial economics, comparing point and arc elasticity, the law of variable proportions, features of joint stock companies, and accounting conventions. Set 3 differentiates durable and non-durable goods demand, forecasting using least squares, returns to scale, features of departmental undertakings, accounting functions, and capital budgeting steps. Set 4 discusses how economics, management and operations research help decision making, qualitative forecasting methods, iso

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    39 views2 pages

    Mefa

    Uploaded by

    naveen
    The document contains 4 sets of questions related to managerial economics. Set 1 includes questions about defining managerial economics, measuring demand elasticity, uses of Cobb-Douglas production functions, phases of the business cycle, and the accounting convention of conservatism. Set 2 covers the scope of managerial economics, comparing point and arc elasticity, the law of variable proportions, features of joint stock companies, and accounting conventions. Set 3 differentiates durable and non-durable goods demand, forecasting using least squares, returns to scale, features of departmental undertakings, accounting functions, and capital budgeting steps. Set 4 discusses how economics, management and operations research help decision making, qualitative forecasting methods, iso

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    set-1

    Identify nature of managerial economics through its definitions (4M)


    b) Identify formula for any one method of measuring demand elasticity and describe
    variables used in it.
    (4M)
    c) What are the uses of Cobb-Douglas production functions and where it can be
    applicable?
    (4M)
    d) What are the different phases in business cycle and explain with the help of graph (4M)
    e) Explain the convention of Conservatism in accounting (3M)
    f) What is IRR and identify suitable formula for Internal Rate of Return (3M

    set-2

    Identify different scope areas of managerial economics? (4M)


    b) Compare Point & Arc Elasticity of Demand (4M)
    c) Explain Law of Variable Proportion? (4M)
    d) List various features of Joint Stock Company. (4M)
    e) Compare the convention of Consistency & Full Disclosure in accounting (3M)
    f) List & identify formula for Net Present Value & Profitability Index (3M)

    set-3

    Differentiate Producer Durable & Non Durable and Consumer Durable & Non
    Durable Goods Demand?
    (4M)
    b) How demand is forecasted through method of least squares method? (4M)
    c) Explain Returns to Scale with the help of graph? (4M)
    d) List various features of Departmental Type of Undertaking. (4M)
    e) List & explain various functions of accounting (3M)
    f) List & explain various steps involved in Capital Budgeting (3M)

    set-4

    How knowledge of Economics, Management and Operations Research helpful in


    decision making?
    (4M)
    b) List qualitative methods of demand forecasting and explain opinion poll
    methods?
    (4M)
    c) Identify properties of Iso-Product Curves with the help of graph? (4M)
    d) Differentiate Privatisation & Liberlisation concepts. (4M)
    e) List & explain different types of errors in preparation of trial balance. (3M)
    f) Nature of Capital Budgeting Project Decisions (3M)
    set-1

    What is demand? And explain the types of demand. 3M


    b) Explain Cobb-Douglas Production function. 4M
    c) What is Oligopoly market? And significance of kinked demand curve. 4M
    d) Explain the salient features and types of partnership. 4M
    e) Describe the importance of ratio analysis. 4M
    f) Explain the meaning of capital. 3M

    set-2

    a) Explain the law of demand and types of demand. 4M


    b) Describe the salient features of Isoquants. 3M
    c) Explain the conditions of monopoly. 4M
    d) Describe the merits and demerits of sole trader. 4M
    e) Explain the double entry system. 4M
    f) What is Capitalization

    set-3

    a) Define Managerial Economics. 3M


    b) Isoquants Vs. Iso costs. 4M
    c) Salient features of Oligopoly and kinked demand curve. 4M
    d) Merits and demerits of partnership. 4M
    e) Importance of ratio analysis. 4M
    f) Explain the need for capital budgeting.

    Set-4

    a) Explain the scope of Managerial Economics. 3M


    b) Explicit Vs. Implicit costs. 4M
    c) Oligopoly and kinked demand curve. 4M
    d) Salient features of partnership. 4M
    e) Significance of ratio analysis. 4M
    f) Explain the need for capital budgeting. 3M

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