Rashtrasant Tukadoji Maharaj Nagpur University 2009 M.B.A :- managerial economics sem2 s-09 - Question Paper

MDN/KS/09 - 1872-A
Second Semester Master of Business Administration (M. B. A) exam
(New Course)
Paper - II
MANAGERIAL ECONOMICS
.
Time : 3 Hours ] [ Max. Marks : 80

N. B. •( I) Attempt 5 questions, atleast 2 ques. from every part are compulsory. (2) All ques. carry equal marks.
part A
I . ''The concept of elasticity of' demand and deniond forecasting are versatile tools of economic analysis'. explain the validity of the statement with improper examples.

2. What is meant by the Economies of Scale ? elaborate the various source-, of internal and external economics of scale ?
3. (a) describe and discuss the features of oligopoly.
. (b) Entertainment India manufacrures CDs and has the subsequent cost function
Tc=50+20.0+02
Assuming that the firm is a price – taker in the market and that the going market price is Rs.500 per unit, what would be the profit maximizing output?
4.Discuss the cost-plus zoethod of pricing. elaborate its limitation :
5. explain the concept off Asymmetric information, with the help of suitable examples.
part B
6. describe the term `in8atjcxn' discuss the causes and measures to control M_!Eiation.

7. elaborate the main cwbJectives of fiscal policy?Briefly define the -,)le of fiscal policy in a
developing econoiny.

8. elaborate the various phases of a business cycle? How is private business affected during the various phases :

9. discuss the different measures that can be adopted to accurate disequil:brium in the Balance of payments.

10_ explain the factors determining economic environment of business, highlighting on the current scenario of Indian Economy.

Earning:   Approval pending.