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    15 views10 pages

    103 Managerial Economics

    Uploaded by

    Imtiaz Sk

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    © All Rights Reserved
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    ‘S(1st Sm)-HRM-103 2014 HUMAN RESOURCE MANAGEMENT ~ Paper — 103 [Managerial Economics (Micro & Macro)] Full Marks ~ 80 The figures in the margin indicate full marks Candidates are required to give their answers in their own words as far as practicable Answer any five questions vv» Draw a Demand Curve using following demand function : Qe= 150+120/P, and see whether the above demand curve follows the Law of Demand or not. (What are the factors behind the negative slope of the Demand Curve? 6+10 7a gr Explain the process of establishing equilibrium in the market place by the interaction of supply = demand forces. Dx) Compute the point clasticity for the following change of price of a commodity : 10+6 Price ‘Quantity Demanded RSS 1250 units RS.3 3250 units 3. How does a firm takes decision regarding production in the long run in cage of output maximisation subject to fixed cost of production and cost ‘minimization subject to fixed level of production ? 16 4. (a) Whatmay’be the purposes of ‘Liquidity Preference’ ? (b) Drive the LM Curve to show equilibrium in the money market. 88 5. (a) Form the equation of IS and from the following : C=Rs.1000 +.6 ¥, 1 = Rs.1600 - 4i, G = Rs.1000. (b) Give a note on IS Curve. 4r12 [Turn Over] 2 . Write short notes on + ax (2) Marginal Propensity to Consume and Marginal Propensity to Save (b) Quantity equation (©) Marginal Rate of Technicat Substitution (4) Cobb-Douglas Production Function. is Explain the various components of Balance of Payments of a Country. MRM (12¢ Sm) ~ Mang. & Labour Feo. ~ 103 2015 HUMAN RESOURCE MANAGEMENT Puper ~ 103 ( Managerial and Labour Economics ) Full Marks --80 The jlgures in the margin muicate full mars Candidates are required to give their answers in their own words as far as practicable Answor any five questions “A (9 Define Price Blasticity of Demang. Price of commodity X changes trom Rs, 25 to Rs. 30 per unit ed was 500 unis, What wil be new quantity demand if 48646 vw How does fir attain equilibrium in the long run when ie abjestive is y, maximise output sudjeci to specific cost of production? (0) Define the shore un cost componsns nf prodastion with diagrams, “To=6 TC / "THE, THE, AG 3. (@) Explain the methods of Nasional Income Accounting (b} How is it possibie to avoid the probiem of double counting, ? tore MH Explain the concept of “Goods Marke Equilibrium’ using IS curve. 6 G10 ge in col cur derininaion — Liou Cay i VO Wate shot nts on any ne: LP Exceptions to the Law of Demand ®) Pricing under Monopoly wi cena p 40) Factors belsind negative sopo oF th: eemand curve j {G) Marginal Propessity to Consumne & Margina! Propensity to Save. HIRM(st Sm) Human Resource Management-103 2016 HUMAN RESOURCE MANAGEMENT Paper — 103 (Managerial and Labour Economics ) Pull Marks ~ 80 ‘The figures in the margin indicate full marks Candidates are required to give their answers in their own words as far as practicable ‘Answer any five questions (a) Distinguish between ‘Movement along the demand curve’ and ‘Shift in demand curve’ 5} What will be the Price Elasticity of Demand for the following ‘change vn price and quantity demanded? Interpret the value you get. 10¥6 Price per unit | Quantity Demanded Rs. 500 2500 units Rs. 550 1500 units «3/ aplin the proces of taining short run equlbcium ofa fem, 16 > 3. (a) Form the equation of an IS curve when » C=Rs. 800+0.8Y 1= Rs, 700~2i ‘What will be the values of level s of income when rates of interests are 5% and 10% so that the goods market is in equilibrium? Draw the 1S curve with the above information. Form the equation of an LM curve when supply of money is Rs, 500 and demand for money is given as L = 0.20Y — 4i . What will be the + values of levels of income when rates of interests are 5% and 10% so that the money markel is in equilibrium? Draw the LM curve with the above information. 8+8 AAS What is the difference between GDP and GNP? SS Distinguish between Nominal and Real GDP. J Define ‘Keynesian Cross’ 4ede8 Le v4 Discuss the concept of elasticity of substitution between labour and ©? capital with appropriate examples. 16 wr gs) (Tue Overt anv 16. write shor notes on: bral a wot ) Equilibrium wage and employment in a competitive market. Labour hiring decision of a monopolist. “YO'7. Give short notes on any four: @ () © @ © Investment Multiplier Law of Supply crt Features of Perfectly Competitive markets Isoquant curve. 848, axa t: 2017 Paper - 103 (Management and Labour Economics ) Full Marks ~ 80 The figures in the margin indicate fult marks Candidates are required to giv Answer any fire questions HRM(ist Sm)-Human Resource Managemfiiy103 HUMAN RESOURCE MANAGEMENT we their answers in their own words ax faras practicable wy TH (a) Demane function for commedisy 2 is given as follows : han 4 Qa2545P fh ogi YPbdoes me commodiy follow the Law of Demand? dl ‘ 1 rand give a note on it ) Mpraw a demand curve corresponding tothe above Demand Function 6410 y eee: Y What are the alternative situations of profitability in the short run for _ monopolist, + 0 Henin the concept of Goods Market equilibriu effec of additional Government Expendivure on IS curve? WH Give shore notes on any fo (a) Price Effect — pateoo( Dame) « (b) Personal Disposabfe income — V-"

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