Tuesday, October 6, 2015

TNOU B.A Third Year MANAGERIAL ECONOMICS 2012 Question Paper

TNOU Old Question Papers
B.A. DEGREE EXAMINATION
JANUARY 2012.
Third Year
Economics
MANAGERIAL ECONOMICS

PART A
Answer any THREE questions.

1. What is Managerial Economics?
2. State the law of diminishing marginal utility.
3. What is demand forecasting?
4. Define National income.
5. State the law of demand.

PART B
Answer any FOUR questions.

1. What are the responsibilities of a managerial economics?
2. What are the factors that affect demand for a product?
3. Explain the objectives of business firms.
4. Discuss the different methods of forecasting demand of established products.
5. Distinguish between skimming price and penetration price.
6. Explain the uses and limitations of break even analysis.
7. Explain the different methods used for calculating national income. What are the difficulties in estimating national income?

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