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MS-09

Management Programme

ASSIGNMENT SECOND SEMESTER 2013

MS-09: Managerial E onomi !

S "ool o# Management St$%ie! INDIRA GAND&I NATIONA' OPEN (NI)ERSIT* MAIDAN GAR&I+ NE, DE'&I - 110 0./

ASSIGNMENT

Co$r!e Co%e Co$r!e Title A!!ignment Co%e Co1erage

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MS-9 Managerial E onomi ! 90TMA0SEM-II02013 All 2lo 3!

Note: Attempt all the questions and submit this assignment on or before 31 st October, 2013 to the coordinator of your study centre. 1. !plain the discounting principle. "sing the discounting principle calculate the present #alue of an annuity of fi#e years at $s. %00 payments made at the end of each of the ne!t fi#e years at 10& interest.

2. 'ith reference to the mar(eting approach of demand measurement e!plain any t)o important sources of data used in demand forecasting. 3. *o) are +soquants different from +socost, +llustrate using graphs. -. .An analytical tool frequently employed by managerial economists is the brea( e#en chart, an important application of cost functions./ 0iscuss this statement gi#ing e!amples from any firm. %. 0escribe ho) oligopolistic competition e!ists in the real )orld gi#ing e!amples from 1234 3ompanies.

5. 'rite short notes on the follo)ing: 6a7 8roduct 0ifferentiation 6b7 qui 9 2arginal 8rinciple

6c7 :he 8rice lasticity of 0emand

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