Kerala University 2001 M.B.A Business Administration Economic for Business - Question Paper

Time: three hours Marks: 75

Part C is compulsory

Part A
Briefly discuss any 5 of the subsequent.

1. Balanced budget
2. Phases of trade cycle
3. Exchange rate management
4. Short run cost function
5. Consumer surplus
6. Barriers to entry
7. Accelerator
8. Open market operations

[5x4 = 20 marks]

Part B
ans any 4 of the subsequent
9. GDP is a crucial indicator of an economy 's performance - Comment
10.Explain aggregate demand and supply.
11.Application of cost management is only beneficial in the long run. -Evaluate
12.Bring out the features of oligopoly.
13.Explain the Keynesian improvement over the volume theory.
14.Explain the role of International Monetary Fund.
15.Describe the cash balance approach to the issue of the value of money.
16.Explain the break even chart with its application in production

[4x10 = 40 marks]

Part C
17.From the subsequent data, compute the gross domestic product at market prices.
Rs. Crores
Net national income - 10,000
Depreciation - 550
Subsides - 150
Commodity Taxes - 800
Imports - 1,000
Exports - 1,200

[15 marks]

Earning:   Approval pending.