Calicut University 2008 B.Com Computer Science Managerial Economics - exam paper
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C 46006 (Pages : 2) Name......................................
Reg. No..................................FIRST 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.
. What is decision-making ?
2. Define Managerial economics.
#-3. What is micro-economics ?
4. What is oligopoly ?
-5. What do you mean by production ?
6. Name any two factors determining elasticity of demand.
S'7- What is derived demand ?
_8. What is marginal cost ?
9. Mention the important non-monetary theories of trade cycle.
10. What is rate of return pricing ?
_X-l. Define Market.
A2. What do you mean by demand analysis ?
(10 x 1 = 10 marks)
Part B
Answer any ten questions.
Each question carries 4 marks.
13. What are the various steps in decision-making ?
,<14, Briefly explain the classification of cost.
15. What are the features of production function ?
16. State the exceptions to the law of demand.
0 17. Discuss the different statistical methods of demand forecasting.
<18. What are the benefits of monopoly ?
'"9. What are the functions of profit ?
20. What are the aims of profit policy ?
Turn over
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21. Distinguish between GDP and GNP.
*->2. Discuss the factors affecting demand forecasting.
23. Briefly explain the different types of monopoly.
24. Define Business cycle. What are its features ?
(10 x 4 = 40 marks)
Answer any two questions.
Each question carries 15 marks.
Explain managerial economics. What are its features and scope ?
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26. Examine in detail the pricing policy in respect of a new product.
27. Describe the Jaw of demand state the assumptions and exceptions to the law.
(2 x 15 = 30 marks)
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