Alagappa University 2007 M.B.A Financial Management MANAGERIAL ECONOMICS - Question Paper

(2005 onwards)
Time : 3 hours Maximum : 100 marks

PART A — (5 * eight = 40 marks)
ans any 5 ques..

1. Define managerial economics and explain its scope.
2. Explain the different functions of managerial economist.
3. State the exceptions to the legal regulations of Demand.
4. Distinguish ranging from Business cycles and seasonal Movements.
5. What are the features of perfect competition?
6. State the assumptions underlying Break-even Analysis.
7. Construct an example to show the difference ranging from ‘‘economic profit’’ and ‘‘accounting profit’’.
8. State the salient features of LAC curve and explain its usefulness in managerial decision-making.


PART B — (4 * 15 = 60 marks)
ans any 3 ques. from Q. No. nine to Q. No. 14.
Q. No. 15 is compulsory.

9. Briefly discuss the 5 principles which are basic to the entire gamut of managerial economics.
10. Comment on the different kinds of discounts and the effects of every on sales.
11. ‘‘Profit is the reward for risk-bearing function of the entrepreneur’’- Examine critically.
12. Write a brief note on balance of payments issues of a developing economy.
13. How can management use the info relating to the break even point? elaborate principle limitations of the break even calculation?
14. Explain the factors determining the price Elasticity of Demand.
15. Give a classification of costs. Bring out the importance of this classification in business decision-making.

Earning:   Approval pending.