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Tuesday, November 24, 2015

Managerial Economics Question Paper of MBA Semester 1, Download Question Paper 5








Roll No…….
Total No. of Questions: 07

MBA (Sem.-1st)
MANAGERIAL ECONOMICS
SUBJECT CODE: MB-105
Paper ID: [C0105]

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)    What is the nature and scope of managerial economics?
(b)   What will be the effect on the demand for a commodity if the price of its substitute falls?
(c)    Distinguish between Explicit costs and Implicit costs.
(d)   Define marginal rate of substitution.
(e)    Define price discrimination.
(f)    What do you mean by effective demand?
(g)   What are the difficulties in measurement of national income?
(h)   Find out the value of investment multiplier when marginal propensity to save (MPS) is 0.3.
(i)     Explain the problem of double accounting in national income estimation. How this problem can be avoided?
(j)     What are the objectives of fiscal policy?

SECTION-B
( 4 x 10=40)
Q2.      Evaluate the trend Projection method and collective opinion method of demand forecasting.
Q3.      Explain equilibrium of a firm under perfect competition in short run.
Q4.      What are the main objectives of pricing policy? Explain the method of cost plus pricing?
Q5.      Discuss classical theory of employment and income. What are its limitations?
Q6.      What are the various features of a trade cycle. Explain the causes of trade cycles.

Q7.      To what extent maximization is the basic objective of a firm? Discuss various reasons for limiting profit.

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