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I-5074
M. B. A. / M. B. A. (MM) / M. B. A. (TLM) M.B.A. (B.A.) (First Semester) Examination, Dec. 2023
MANAGERIAL ECONOMICS
Paper : MS/MMC/TLM-104
Time Allowed : Three Hours
Maximum Marks : 70
Minimum Pass Marks : 24
Note : Attempt all the five questions. One question from each unit is compulsory. All questions carry equal marks.
Unit-I
1.
Discuss the fundamental nature of managerial economics with respect to the three choice problems of the economy.
Unit-II
Write short note on the following : (Any two)
(i) Opportunity cost
(ii) Production possibility curve
(iii) Time value of money.
2.
Define law of demand. Discuss various determinant of demand.
Or
What is demand forecasting? Discuss quantitative method of demand forecasting.
Unit-III
3.
What do you mean by supply? Describe law of supply with diagram.
Or
Define long run production function? Explain return to scale with diagram.
Unit-IV
4.
Explain the various types of market structure and its characteristics.
Or
Write short notes on the following : (any two)
(i) Full cost pricing
(ii) Product line pricing
(iii) Price skimming
Unit-V
5.
What do you mean by monetary policy? Explain its tools.
Or
What do you mean by fiscal policy? Explain its tools.