Madras University (UnOM) 2006 B.Com Corporate Secretaryship Allies Subject - I , Managerial Econimics - Question Paper

Time: 3 hours
Maximum: 100 marks

part A - [5 x eight = Marks 40]
ans any 5 ques..
All ques. carry equal marks.
every ans should not exceed 300 words.
1. describe utility. discuss the concept of diminishing marginal utility.

2. What is meant by legal regulations of supply? discuss with the help of a diagram.

3. elaborate the various methods of demand forecasting?

4. elaborate the exceptions to the legal regulations of demand?

5. elaborate the properties of indifference curves?

6. What do you mean by product differentiation? Is product differentiation essential for consumers?

7. Suggest measures to control inflation in an economy.

8. elaborate the provisions of Consumer Protection Act with regard to unfair trade practices?

part B - [3 x 20 = Marks 60]
ans any 3 ques..
All ques. carry equal marks.
every ans should not exceed 1,200 words.

9. discuss the scope and importance of the study of managerial economics.

10. describe elasticity of demand. Distinguish ranging from elastic demand and inelastic demand.

11. elaborate the 4 stages of business cycle? discuss them briefly.

12. How do you fix the price of a product under perfect competitive market?

13. discuss the merits and demerits of the Government undertakings.

Earning:   Approval pending.