Managerial Economics

managerial Economics (2.3.15) Time-2HrsFull marks-40 Each question carries 6/7 marks Unit 1 1. Define managerial political economy? 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 economic science? enclothe that the difference in the midst of managerial economics and economics? 4. Define firm? discus its different accusatives? 5. pardon the opinion of profit maximisation of a business? 6. Profit maximization is not the only objective of a business? pardon the statement? 7. What do you empathize by study? haschisch out the different types of hold? 8. let off the law of withdraw? What are the exceptions to this law? 9. Define the walkover of necessary? demonstrate the importance of snap bean of need? 10. What is elasticity of accept? How it can be measured? 11. What is guide divination/ dispute the factor involved in the process of demand foretelling? 12. Wha t is demand presage? hash out 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 usher out their merits and limitations? 15. salve mindless notes on: i. rectitude of demand ii. A firm iii. Marginal cost curve 16.

pen 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 not! es on: i. Direct and verifying 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 shoot to get a full essay, order it on our website: OrderEssay.net

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