Osmania University (OU) 2010 M.B.A Faculty of Management ,Managerial Economics - Question Paper

Instuction : ans all ques. [max marks : 80]


part-A [Marks 10x2=10]

1.Explain the subsequent in about 60 words every. ans to this ques. should be written at 1 place only

a)Principle of Time Perspective

b)Equi-marginal Principle

c)Market Demand

d)Income Sensitivity

f)Break-even Analysis

g)Pure competition

h)Monopoly

i)Inflation

j)Economic Growth

part-B [Marks 5x12=60]

2.
a)Define Managerial economics and state its chief characteristics
or
b)Explain how total quality management has emerged as a new tool for optimisation

3.
a)explain the different kinds of price elasticity of demand
or
b)define cross elasticity of demand and how such elasticity differ in case of substitutes and complementary goods

4.
a)distinguish ranging from production function and cost function and how would you develop the production function?
or
b)what are the advantages and limitations of large-scale production?

5.
a)whar are the main features of oligopoly?How does it differ from pure competition?
or
b)Critically examine price as a weapon of competition

6.
a)state the issues in the measurement of national income
or
b)explain the role of tech. progress in economic development

Earning:   Approval pending.