S.No.

5122 P 16 MBA 4

(For candidates admitted from 2016-2017 onwards)

M.B.A. DEGREE EXAMINATION, APRIL 2021.

Business Administration

MANAGERIAL ECONOMICS

Time : Three hours Maximum : 75 marks

SECTION A — (10 × 2 = 20)

Answer ALL the questions.

1. Define Managerial Economics.

2. What are inferior goods?

3. What is an isoquant?

4. Briefly explain marginal cost.

5. Write a short note on monopoly.

6. What do you understand by market equilibrium?

7. Given the components of macro economics.

8. What is the fiscal deficit?

9. What is GDP?

10. Define inflation.

SECTION B — (5 × 5 = 25)

Answer All the questions, choosing either (a) or (b).

11. (a) Discuss on scope and significance of managerial economics.

Or

(b) Explain the significance of Income elasticity of demand in

business decisions.
12. (a) Explain consumer preference and utility function.

Or
(b) Profit maximization is the important objective of
Economics. Discuss.

13. (a) What are the features of oligopoly?

Or
(b) Discuss on the price leadership model.

14. (a) Discuss on the various macro economic problems.

Or
(b) Discuss on the Keynesian Model.

15. (a) How WTO influences Indian Economical Development?

Or
(b) Discuss on the concept of Per Capital Income.

SECTION C — (3 × 10 = 30)

Answer any THREE questions.

16. Discuss on the factors influencing demand.

17. Explain the various types of costs.

18. Explain the basic elements of game theory.

19. Discuss on a suitable macro economic model for a developing

country like India.

20. Explain the monetary policy.

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2 S.No. 5122