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Tuesday, November 24, 2015

Managerial Economics Question Paper of MBA Semester 1, Download Question Paper 4








Roll No…….
Total No. of Questions: 07

Paper ID [MB105]
MBA (Sem.-1st)
MANAGERIAL ECONOMICS (MB-105)

Time: 3 Hours.                                                                       Max. Marks: 60
Instruction to Candidates:
1.      Section-A is Compulsory.
2.      Attempt any Four questions form Section-B.

SECTION-A
(10 x 2=20)
Q1.
(a)    What is the scope of managerial Economics?
(b)   Explain the meaning of price elasticity of demand.
(c)    Differentiate between fixed costs and variable costs.
(d)   Define isoquant curve.
(e)    What are the assumptions of break-even analysis?
(f)    What are the main steps involved in product method of national income?
(g)   Explain balanced budget multiplier.
(h)   What is a trade cycle?
(i)     What are the main objectives of fiscal policy?
(j)     What do you mean by inflation?

SECTION-B
(4 x 10=40)
Q2.      What is demand forecasting? Discuss various methods of demand forecasting.
Q3.      Explain the concepts of Average Fixed cost, Average Variable cost, Average Cost and Marginal Cost.
Q4.      What is price discrimination? Under what conditions price discrimination is possible?
Q5.      Explain Keynsian theory of employment.
Q6.      Describe various measures to control trade cycle.
Q7.      What are the main causes of inflation?



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