Managerial Economics - B.Com Honors First Year Prefinal and Final Examination - Pattern of examination with marks. Kindly follow. total marks - 70 Section I - 8 questions - answer any 5. each question carries 4 marks - 4X 5=20. each answer not more than one page. Section II - 5 questions - answer all questions. each question caries 10 marks. 10X5=50. each answer not more than four pages. internal choice in each question. Short answers - 1. Opportunity cost principle 2. Demand Forecasting 3. Isoquants 4. Economies of scope 5. Skimming 6. Kinked demand curve 7. CPI Vs PPI 8. Phillips Curve Essay answers 1. a) Explain the nature and scope of Managerial Economics. What are various principle and fundamental concepts of managerial Economics Or b) Explain Law of demand? What are limitations to law of demand? What are types of elasticities of demand? 2.) a) What is law of variable Proportions? Explain the law of variable proportions. Or b) Sales – 3,00,000, Variable cost – 2,00,000, fixed cost – 40,000, Find BEP, Profit, P/V ratio, Margin of safety, Profit if sales is 3,50,000 and sales if profit is 20,000. 3. a) What are market structures? Explain the features of Perfect and imperfect competition. Also explain equilibrium and pricing in long run in perfect competition. Or b) What are various methods of pricing? Explain any three methods in brief. 4. a) Explain the nature, importance, scope and limitations of Macroeconomic theory. Or b) What are the main aims of five year plans in India? What are the objectives of planning commission and national development council? 5. a) Explain the types, measures and effect of inflation. Or b) What is economic growth? Explain any two theories of economic growth.
Posted on: Mon, 19 Jan 2015 05:17:16 +0000
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