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F 3019
Reg. No.
First Semester
ECONOMICS FOR BUSINESS
(201
1 admissions-Regularl?}l} admissions-Supplementary)
Maximum :60 Marks Answer all questions. AII questions carry equal marhs.
1. (a)
(b) . 2. (a)
Explain the internal and external environmental forces which affect the development in
busienss of a country.
Or "Managerial economics consists if the use of economic modes of thcught to analyse business situation." Discuss.
How is the demand for new products estimated Or
(b) Explain price and output determination under conditions of price leadership in an oligopolistic
?
market.
3.
Or
Write a note on : (i) Intellectual Property Rights. (ii) Business Ethics in India.
:
5.
Cornpulsory
"Managerial economics is the appreciation of economics in analysing business decisions." Describe the type of economic analysis applied and type of business decisions analysed in managerial
economics." (5
L2 = 60 marks)