Tamil Nadu Open University (TNOU) 2006 B.A Economics Managerial - Question Paper
Managerial Economics
B.A. DEGREE EXAMINATION - JUNE 2006. Third Year
(For candidates admitted in AY 2003-04 only) Economics MANAGERIAL ECONOMICS Time : 3 hours Maximum marks : 75
PART A (3 x 5 = 15 marks)
Answer any THREE questions.
1. Explain the relationship between Managerial Economics and Economics.
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2. What is cross elasticity of demand? Explain.
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3. Mention the different techniques available for cost control.
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4. What is N-M utility index? Explain.
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5. In two person zero sum game, explain the general form of pay-off matrix.
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PART B (4 x 15 = 60 marks)
Answer any FOUR questions.
6. Describe any one method of forecasting the demand for an established product.
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7. Explain the method of full cost pricing.
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8. What is linear programming? Examine its applications in managerial decision making?
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9. What is Break-even analysis? What are its uses and limitations?
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10. Explain the need for and nature of capital budgeting.
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11. Discuss the present value index method of ranking alternative investment proposals.
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12. Describe the cost-output relationship in the short run.
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3 UG-735
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