Roll No……..
Total No. of
Questions: 07
Paper
ID [MB105]
MBA
(Sem.-1st)
MANAGERIAL
ECONOMICS (MB-105)
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)
Differentiate
between Micro economics and Macroeconomics.
(b)
What is price
elasticity of demand? How it can be measured?
(c)
What is
opportunity cost?
(d)
Define
indifference curve.
(e)
What are selling
costs? Why selling costs are important in monopolistic competition?
(f)
What are the
steps involved in estimating national income by income method?
(g)
What do you mean
by static multiplier?
(h)
Explain the
phases of Recession and Depression in a trade cycle.
(i)
What are the
various instruments of monetary policy?
(j)
Define Hyperinflation?
SECTION-B
(4 x 10=40)
Q2.
What is Managerial Economics? Discuss
its scope.
Q3. Discuss the cost output relationship in
long run.
Q4. Explain various pricing methods.
Q5.
Explain classical theory of
employment.
Q6.
Describe the main causes of trade
cycles in an economy.
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