M.A.M.

COLLEGE OF ENGINEERING
14. Write a Brief note on Determinants of Demand and Supply..
MBA DEGREE EXAMINATIONS 2016 : CIA - I 15. Why does the Demand curve slope downwards? Explain.
16. Give an account of Role of Markets and Governments in an Economy.
Time: 3 HOURS Maximum: 100 marks 17. Discuss the various methods of Demand Forecasting.

PART – ‘C’ (15 x 1 =15)

Semester Subject Code and Title
And Dept 18. Soon after taking charge, Modi announced several schemes like banking for all,
the Clean India campaign, subsidy reforms, and some labor reforms. Some of these
I / MBA BA7103 – ECONOMIC ANALYSIS FOR BUSINESS
schemes were revolutionary for the Indian system while others received a lukewarm
response. In May 2015, the Modi-led government completed one year in office and
the first year report card of the regime was a mixed bag of hits and flops. The year
Answer ALL the questions
from May 2014 to May 2015 was one of many ups and downs for the Modi
PART – ‘A’ (10 x 2 =20)
government and the country’s economy. Celebrating the first anniversary of the
Modi-led central government in May 2015, one of the BJP leaders, Sudhanshu Trivedi,
1. Define Economics praised Modi’s good governance for India overtaking China to become the world’s
2. State the Meaning of Efficiency. fastest growing economy at 7.5 per cent GDP for the last quarter of the year ending
3. What do you mean by Scarcity? March 2015. Reactions on the performance of the government under Modi’s
4. What is Micro and Macro Economics? stewardship were mixed with some economists praising him for reviving the country’s
5. What do you mean by Business Cycle? economy and others viewing them as only hype. Shanta Kumar opined that the Modi
6. What do you mean by consumer surplus? government had a tough task ahead as opposition parties, particularly the Congress,
7. What is elasticity of demand?. had been targeting the NDA government on issues like the Land Acquisition Bill,
bringing back of black money from foreign banks, and compensation to farmers.
8. Define Giffen Goods and Conspicious Goods.
9. State the Law of Demand.
Understand the Case and Explain the Economic Problems faced by India.
10. Define Law of Diminishing Marginal Utility.

ANSWER ANY FIVE QUESTIONS

PART -‘B’ (5 × 13 = 65)
Prepared by Approved by Approved by
11. Detail and Describe the types of Demand.
12. Give an account of Efficiency and Scarcity.
13. Write short notes on Production Possibility Frontier with neat sketches.
Saravanan.S HOD Principal