Post Graduate Diploma-Post Graduate Diploma Business Management 1st Sem 103 : MANAGERIAL ECONOMICS(University of Pune, Pune-2013)

                             P.G.D.B.M. (Semester – I) Examination, 2013
                                      103 : MANAGERIAL ECONOMICS
                                                    (2008 Pattern)

Time : 3 Hours                                                            Max. Marks : 70

Instructions :

1) Attempt any five questions.

2) All questions carry equal marks.

3) Draw neat diagrams wherever necessary.

 

1. Define Managerial Economics. Explain its nature and scope.

 

2. Explain the importance of demand forecasting. Discuss any three methods of demand forecasting.

 

3. What do you mean by production function ? State and explain the law of variable proportions.

 

4. Explain the price and output determination under perfect competition in short  run and long run.

 

5. Discuss the need for government intervention in market.

 

6. Explain the concept of short run and long run costs.

 

7. Write short notes on any two :

a) Elasticity of supply

b) Break even analysis

c) Transfer pricing

d) Support prices.

 

Earning:  ₹ 7.05/-