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Model Test Question Paper - Managerial Economics - Nov-Dec 2015

This document outlines the sections and questions for an MBA degree examination in Managerial Economics. It is divided into 3 sections. Section A contains 10 multiple choice questions worth 2 marks each. Section B contains 4 long-form questions worth 10 marks each, requiring students to explain concepts in managerial economics. Section C contains a single compulsory case study analysis question worth 15 marks, involving calculating total cost, average fixed cost, average variable cost, average cost, and marginal cost using data provided in a table. In total, the exam is worth 75 marks and tests students' understanding of fundamental economic principles and their application to business management.

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13K views2 pages

Model Test Question Paper - Managerial Economics - Nov-Dec 2015

This document outlines the sections and questions for an MBA degree examination in Managerial Economics. It is divided into 3 sections. Section A contains 10 multiple choice questions worth 2 marks each. Section B contains 4 long-form questions worth 10 marks each, requiring students to explain concepts in managerial economics. Section C contains a single compulsory case study analysis question worth 15 marks, involving calculating total cost, average fixed cost, average variable cost, average cost, and marginal cost using data provided in a table. In total, the exam is worth 75 marks and tests students' understanding of fundamental economic principles and their application to business management.

Uploaded by

jeganrajraj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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15P1MBA03

(For the candidates admitted from 2015 2016 onwards)


M.B.A DEGREE EXAMINATION
November / December - 2015
First Semester

MANAGERIAL ECONOMICS

Time: 3 Hours

Maximum: 75 Marks

Section A (10 2 = 20 marks)


Answer all Questions

1. Define Managerial Economics?


2. What is Opportunity Cost?
3. What is Elasticity of Demand and List out its types?
4. What is Consumer Equilibrium?
5. What is Production function?
6. What is MRTS?
7. What is Monopoly?
8. Define GDP?
9. What are the characteristics of Business cycle?
10. What is BOP?

Section B (4 10 = 40 Marks)
Answer any FOUR Questions
11. Briefly explain the five principles which are basic to the entire gamut of Managerial
Economics?
12. What is price elasticity of demand? How would you measure it? What is its significance
in business?
13. How do you find consumers equilibrium by using the indifference curve technique and
explain the properties of indifference curves?
14. Explain the cost-output relationship in the short run and in the long run
15. What is monopolistic competition? How does a firm take its pricing and output decisions
under monopolistic competition?
16. Explain various pricing methods and the objectives of pricing policy?
17. Explain the various methods of computing National income and narrate the practical
difficulties in the estimation of National income?

Section C (1 15 = 15 Marks)

15P1MBA03
Case Study Analysis (Compulsory)
19. Calculate TC, AFC, AVC, AC & MC and explore the relationship between AC and MC
Total
Output
TFC
TVC

60
0

60
20

60
30

60
45

60
80

60
135

****************

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