Managerial Economics Question Paper of MBA Semester 1, Download Question Paper 11

Roll No………

Total No. of Questions: 7

MBA/MBA (IB) (Sem.-1^st)

MANAGERIAL ECONOMICS

Subject Code: MBA-105

 Paper ID: [C0105]

Time: 3 Hrs.                                                                           Max. Marks: 60

Instruction to Candidates:

1.      Section-A is compulsory consisting of TEN questions carrying Two marks each.

2.      Section-B contains SIX questions carrying TEN marks each and students has to attempt any FOUR questions.

SECTION-A

1.      Write short notes on:

(a)    Short-run

(b)   Non-price determinants of supply.

(c)    Cross-elasticity of demand

(d)   Break-even Point.

(e)    Autonomous Demand and Derived Demand./

(f)    Transfer Payment

(g)   Dynamic Multiplier.

(h)   Relative Income Hypothesis.

(i)     Cost-Push Inflation.

(j)     Objectives of Fiscal Policy.

SECTION-B

2.      What is Managerial Economics? Discuss its salient features and significance.

3.      Distinguish between:

(a)    Increase in demand and extension of demand.

(b)   Decrease in demand and contraction of demand

(c)    Individual demand and Market demand.

(d)   Direct demand and Derived demand

(e)    Joint demand and composite demand.

4.      (a) Define the three types of elasticity of demand.

(b) On a straight line demand curve, select any point ‘p’ and give a geometrical proof of measurement of elasticity at this point.

5.      What is meant by economies of scale? What are major types of external economies.

6.      Critically analyse the Keynesian Theory of Employment.

7.      What do you understand by inflation? Explain any two major theories of inflation.