Calicut University 2008 B.Com Computer Science Managerial Economics - Question Paper
c46323
C 46321 (Pages : 2) Name.,
Reg. No.........................................SECOND YEAR B.Com. DEGREE EXAMINATION, APRIL/MAY 2008
Part IIICommerce Paper IIMANAGERIAL ECONOMICS (2005 admissions)
Time : Three Hours Maximum : 80 Marks
Part A
Answer any ten questions.
Each question carries 1 mark.
1. State the wealth definition of economics.
2. Define Decision-making.
3. What do you mean by cost of debt ?
4. Define Managerial Economics.
5. What is National Income ?
7. What do you mean by Delphi method of demand forecasting ?
8. Define Market.
9. What is monopoly ?
10. Define trade cycle.
11. State the meaning of income elasticity.
12. What is demand schedule ?
(10 x 1 = 10 marks)
Part B
Answer any ten questions.
Each question carries 4 marks.
13- State the assumptions of the law of demand.
14.. Explain cross elasticity of demand.
15. Explain diseconomies of scale.
16 What are the properties if isoquants ?
17., Distinguish between accounting profit and economic profit.
18/ What are the different levels of demand forecasting.
19y Explain expenditure methods of measuring national income.
20. Mention the different non-monetary theories of trade cycle, explain any one theory.
Turn over
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21. State the reasons for occurring the increasing return to scale.
22.State the important qualities required for a good forecasting methods.
23 What is rate of return pricing.
24 Differentiate micro and macro economics with examples.
(10 x 4 = 40 marks)
Part C
Answer any two questions.
Each question carries 15 marks.
25. Examine in detail the pricing policy in respect of a new product.
26. Discuss the role of managerial economist in achieving the objectives of business.
27. Explain the various phases of business cycle.
(2 x 15 = 30 marks)
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