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Posted Date: 24 Jun 2020      Posted By:: Jannane.M    Member Level: Silver  Points: 3 (₹ 2)

2018 University of Madras B.A Economics Madras University, Managerial economics, B.A.economics degree Examination, Fifth Semester, December 2018. University Question paper

Course: B.A Economics   University/board: University of Madras

Are you looking for the old question papers from Madras University of Managerial Economics paper? Here is the previous year question paper from Madras University. This is the original question paper of Managerial Economics,Fifth Semester exam conducted in December 2018. Feel free to download the question paper from here and use it to prepare for your upcoming exams.

Dec 2018 U/ID 22059/UCDH
Time : Three hours Maximum : 100 marks

Part A - (10×3=30 marks)

Answer any Ten questions each in 50 words.

1. Define - ' Managerial economics'

2. State the law of demand.

3. Give the formula to calculate income elasticity of demand.

4. Define - ' Demand forecasting'

5. What is meant by Production function?

6. What is differential pricing?

7. Define - ' Linear Programming'.

8. What is Profit planning?

9. Specify the meaning of cost of capital.

10. What is decision theory?

11. Indicate the meaning of zero sum game.

12. Define - 'Net present value'.

Part B - (5×6=30 marks)

13. Explain the degrees of price elasticity of demand.

14. Distinguish between cost control and cost reduction.

15. Explain the methods of profit forecasting.

16. What are the assumptions of Break even analysis?

17. Explain the need for capital budgeting.

18. Write a short note on Newmann Morgenstern utility theory.

19. What are the merits and demerits of payback methods?

Part C - (4×10=40 marks)

20. Explain the scope of Managerial economics.

21. Discuss the demand forecasting methods.

22. Summarize the methods of pricing.

23. Explain the graphical method of linear programming.

24. Analyse net present value as a method of project profitability.

25. Explain the two persons zero - sum game.

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