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2018 University of Madras Politics Madras University, B.B.A. Degree Examination, Managerial Economics,First Semester,Dec 2018. University Question paper
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,First Semester exam conducted in Dec 2018. Feel free to download the question paper from here and use it to prepare for your upcoming exams.
Dec 2018 U/ID 22065/URXB
Time : Three Hours Maximum: 100 marks
SECTION A - (10×3=30 marks)
Answer any Ten questions.
1. Define 'Managerial Economics'.
2. State the law of demand.
3. What is marginal rate of Substitution?
4. Specify the meaning of income elasticity of demand.
5. Define ' Demand Forecasting'.
6. What is meant by production function.
7. What do you mean by economies of scale?
8. Distinguish between Skimming and Penetration pricing.
9. State the features of monopoly.
10. What is profit planning?
11. Indicate the need for capital budgeting.
12. What is cost-benefit analysis?
SECTION B - (5×6=30 marks)
Answer any Five questions
13. Explain the scope of managerial economics.
14. What are the properties of indifference curves?
15. Brief the determinants of demand.
16. Explain the shortrun cost curves.
17. What are the features of monopolistic competition?
18. Brief the methods of profit forecasting.
19. Explain payback method of capital budgeting.
SECTION C - (2×20=40 marks)
Answer any Two questions.
20. Narrate the objectives of modern firms.
21. Explain the methods of measuring elasticity of demand.
22. Illustrate the law of variable proportions.
23. Summarize the methods of pricing.
24. Explain price output determination under perfect competition.
25. Explain internal rate of return with example.
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