Managerial Economics Question Paper of MBA Semester 1, Download Question Paper 3

Roll No……

Total No. of Questions: 07

MBA (Sem.-1^st)

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 significance of managerial economics?

(b)   What do you understand by movement along the demand curve?

(c)    Define Marginal Cost. How is it calculated?

(d)   What is price discrimination? Under what conditions price discrimination is possible?

(e)    What are the objectives of profit planning?

(f)    What are sectoral accounts? What is the importance of sectoral accounts in national income accounting?

(g)   Define Marginal Propensity to consume (MPC).

(h)   Define the term trade cycle. What are its features?

(i)     What are the instruments of monetary policy to control inflation?

(j)     Distinguish between suppressed and open inflation.

SECTION-B

(4 x 10=40)

Q2       Explain what are the major macroeconomic issues related to business decision making.

Q3.      Analyse critically various methods of demand forecasting.

Q4.      Describe why Long Run Average Cost (LAC) curve is called as Planning Curve and envelop curve.

Q5.      Critically examine Keynsian theory of employment.

Q6.      What are the various measures to control trade cycle?

Q7.      Explain Demand-Pull inflation. How it can be controlled?