Andhra University 2009 M.Com Accounting and Finance CP 104 Business Economics - Question Paper

M.Com I Semester – Model ques. Paper
CP 104 Business Economics

Time: three Hours Max. Marks: 75

part – A (5 x four = 20 Marks)

ans any 5 not exceeding 1 page every.

I. a. Micro Economics Vs. Macro Economics
b. Baumol's Sales Revenue Maximisation Model
c. legal regulations of Demand
d. legal regulations of Variable Proportions
e. Cobb-Douglas Production Function
f. Kinked Demand Curve
g. Inflation
h.Marginal costing

part – B (5 x 10 = 50 Marks)

II. a.Explain nature and significance of Business Economics
Or
b. discuss different methods of Demand Forecasting.

III. a. What is Production Function ? In what way Production Function is useful for
business decisions
Or
b. elaborate different Pricing Methods ? discuss 4 methods in brief.

IV. a. How price is determined under Monopoly ?
Or
b. How Price is determined under Oligopoly ?

V. a. discuss different Profit theories ? What is a criteria for standard profit ?
Or
b. Distinguish ranging from Economic Profit and Accounting Profit.

VI.a. What is National Income ? How it is measured ?
Or
b. What do you mean by Trade Cycles ? Write at lowest 4 theories of trade cycles.

Earning:   Approval pending.