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Wednesday, December 30, 2015

MANAGERIAL ECONOMICS,URXB,2011 Question Paper,Madras University Question Paper

Madras University Question Paper
Subject :MANAGERIAL ECONOMICS
Subject Code :URXB
OCTOBER 2011 U/ID 22065/URXB
Time : Three hours Maximum : 100 marks
PART A — (10 × 3 = 30 marks)
Answer any TEN questions.
All questions carry equal marks.
Each answer should not exceed 50 words.
1. What is the meaning of Forward Planning?
2. State briefly the differences between Micro
Economics and Macro Economics.
3. What is an Indifference Curve?
4. State the Law of Demand.
5. Point out the meaning of Elasticity of Demand.
6. What do you mean by Incremental Cost?
7. What is meant by Full Cost Pricing?
8. Define the term Monopoly.
9. What do you understand by the term Dual
Pricing?
10. Point out the meaning of Economic Profit.
11. State the meaning of Capital Budgeting.
12. Briefly state the meaning of Internal Rate of
Return.
PART B — (5 × 6 = 30 marks)
Answer any FIVE questions.
All questions carry equal marks.
Each answer should not exceed 200 words.
13. Define a firm. Explain its objectives.
14. Explain the properties of Indifference Curves.
15. Describe the different types of elasticity of
demand.
16. Write a brief note on various cost concepts.
17. Explain the objectives of Pricing.
18. State the approaches to profit forecasting.
19. What is Monopolistic Competition? State its
features?
PART C — (4 × 10 = 40 marks)
Answer any FOUR questions.
All questions carry equal marks.
Each answer should not exceed 500 words.
20. Analyse the subject matter of Managerial
Economics.
21. Explain the methods of measuring Elasticity of
Demand.
22. Write an essay on the laws of returns to scale.
23. Bring out the managerial uses of Break Even
Analysis.
24. Examine the different methods of Pricing.
25. Discuss the methods of appraising the profitability
of a project.
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