Osmania University (OU) 2008 M.C.A Faculty of Informatics - Question Paper

Faculty of Informatics
M.C.A. I Year-I Semester(Main & Backlog) exam
January 2008
Modern Economics Analysis

Time:3 Hours Max Marks:80

Note:Answer 1 ques. from every unit.All ques. carry equal marks.

UNIT-I

1.Define Managerial Economics.ow it is useful in decision making of a business firm?
2.Compare and contrast the following:
(a)Incremental Reasoning and Marginal Analysis.
(b)Incremental Cost and Opportunity Cost

UNIT-II

3.(a)State the legal regulations of Demand.What are the exceptions to it?
(b)Distinguish ranging from Derived Demend and Autonomous Demand.
4.Define Elasticity of Demand and state its effects. How are the price elasticity, cross elasticity and advertising elasticity measured?

UNIT-III

5.Explain what is meant by a Production Function. Show how a producer achieves an optimum pr lowest cost combination of factors of production.
6.Explain different concepts of costs with the help of graphs.





UNIT-IV

7.(a)What are the salient features of India’s 5 Year Plans?
(b)What are the patterns in National Income growth and structure?
8.Given the subsequent info regarding an economy:
Rs. in Crores.
Net National Product at Market Price 5,000
Depreciation 300
Mixed Income 1,000
Net Indirect Taxes 600
Net Factor income from abroad 400
Calculate:
(a)GDP at market price
(b)GDP at factor cost
(c) NDP at market price
(d)NDP at factor cost
(e) NNP at market price
(f) GNP at market price
(g) GNP at factor cost

UNIT-V

9.Explain the functions and role of Reserve Bank of India.
10.Explain the salient features of Indian Financial System.



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Earning:   Approval pending.