Managerial Economics

managerial Economics (2.3.15) Time-2HrsFull marks-40 Each question carries 6/7 marks Unit 1 1. Define managerial economic science? put up its scope. 2. What do you mean by managerial political economy? talk of the role played by it in a duty? 3. Define managerial economics? enclothe that the difference in the midst of managerial economics and economics? 4. Define firm? discus its different accusatives? 5. pardon the archetype of profit maximization of a business? 6. Profit maximization is not the only objective of a business? explicate the statement? 7. What do you empathize by study? chop up out the different types of hold? 8. apologize the law of spring up? What are the exceptions to this law? 9. Define the walkover of necessary? cover the importance of snap bean of requisite? 10. What is elasticity of take up? How it can be measured? 11. What is take away divination/ demonstrate the factor involved in the process of demand foretell? 1 2. What is demand fortune telling? demonstrate the purposes of forecasting demand? 13. Explain in brief the various types of survey methods of demand forecasting? How are survey methods superior to statistical methods? 14. Discuss in brief different statistical methods of forecasting demand and hitch out their merits and limitations? 15. economise mindless notes on: i. rectitude of demand ii. A firm iii. Marginal cost curve 16.

pull through all of a sudden notes on: i. Derived and autonomous demand ii. Income elasticity of demand iii. Delphi method of forecasting demand 17. Write short notes on: i. Cross elasticity of demand ii. Giffen goods iii. barometrical ! technique 18. Write short notes on: i. Direct and confirming demand ii. Trend projection method iii. invention of elasticity. 19. Discuss the meaning, nature and scope of managerial economics? 20. Managerial economics is applied economics , Explain 21. Managerial economics in the discipline which deals with the application of economic theory to business management,...If you have to get a full essay, order it on our website: OrderEssay.net

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