Tamil Nadu Open University (TNOU) 2004 M.A nagerial Economics - Question Paper

TAMILNADU OPEN UNIVERSITY
M.A.DEGREE exam. (MEC-5 OCT-04)
MANAGERIAL ECONOMICS
October, 2004.
Time: three hours Maximum marks: 75.

PART A – (3X5=15)
ans any 3 ques..

1. What do you mean by demand forecasting?
2. discuss the factors influencing the legal regulations of demand.
3. discuss the meaning of opportunity cost principle.
4. What is meant by price regulation?
5. discuss the business cycle.

PART – (4x15=60)
ans any 4 ques..

6. discuss the various methods of appraising “Project profitability”.
7. explain the role and responsibility of a Managerial Economist.
8. discuss the break even analysis in detail and bring out its limitations.
9. elaborate the important factors that influence the price of a product?
10.What is full cost pricing and discuss the various areas of cost control?
11.Distinguish ranging from production function and cost function. discuss the method to develop a
production function model and elaborate its uses.
12. discuss the legal regulations of diminishing utility with the help of diagram.

Earning:   Approval pending.