DECEMBER 2019 P/ID 77929/RMB1E

Time : Three hours Maximum : 80 marks

PART A — (10 × 2 = 20 marks)

Answer any TEN questions in 50 words each.

Write short notes on the following terms given
below.

1. Micro economics.

2. Incremental concept.

3. Demand curve.

4. Consumer Behaviour.

5. Imperfect competition.

6. Economics of scale.

7. Monopoly.

8. Business cycle.

9. Business indicators.

10. Deflation.

11. Fiscal policy.

12. Cashless economy.

 PART B — (5 × 6 = 30 marks)

Answer any FIVE questions in 250 words each.

13. Bring out the nature and scope of managerial

economics.

14. What are the fundamental concepts affecting

business decisions?

15. Explain “Trend Projection” method and “Collective

Opinion” method of demand forecasting.

16. Briefly explain the uses of Business indicators.

17. Discuss the main features of monopolistic

competition. How can such competition be
sustained?

18. Explain the various phases of a trade cycle.

19. Describe the consequences of inflation.

PART C — (3 × 10 = 30 marks)

Answer any THREE questions in 500 words each.

20. “Managerial economics is economics applied in

decision making” — Explain.

21. Explain the various types of price elasticity of

demand. Discuss the factors on which the
elasticity of demand depends.
2 P/ID 77929/RMB1E
22. Discuss briefly the different cost concepts relevant
to managerial decision of planning and control.

23. Describe the concept of economic welfare, and its

relationship with National Income of a country.

24. Explain the main objectives of fiscal policy in

India. Explain its impact on economy.

–––––––––––

3 P/ID 77929/RMB1E
DECEMBER 2020 P/ID 77929/RMB1E

Time : Three hours Maximum: 80 marks

PART A — (10 × 2 = 20 marks)

Answer any TEN questions in 50 words each.

1. Brief about prescriptive marginalism.

2. What do you mean by econometric correlations?

3. Define the term ‘Cross elasticity of demand’.

4. State the limitation of utility analysis.

5. What is empirical production function?

6. State the assumptions of law of variable

proportions.

7. List out the classifications of cost concept.

8. Give some examples of monopolistic competition.

9. How NNP is different from GNP?

10. Is savings part of GDP?

11. Mention the instruments of Money market.

12. Brief the factors affecting the supply of money.

 PART B — (5 × 6 = 30 marks)
Answer any FIVE questions in 250 words each.
13. Describe the basic economic principles.
14. Explain the importance of capital goods.
15. Describe the types of Isoquant in production.
16. Why are some goods sensitive to price?
17. Elaborate the difficulties in measuring national
income.
18. Enumerate the causes of Inflation and Deflation.
19. Explain the recent developments in digitalized
cash transfers.

PART C — (3 × 10 = 30 marks)

Answer any THREE questions in 500 words each.

20. Explain the concepts affecting business decisions.

21. Brief the determinants of consumer behaviour.

22. Write an essay on basic market structures.

23. What are business cycles in macroeconomics?

24. Write your comments on government policy
towards foreign capital and foreign collaborations.

——————–––

2 P/ID 77929/RMB1E
MAY 2021 P/ID 77929/RMB1E

Time : Three hours Maximum : 80 marks

SECTION A — (10  2 = 20 marks)

Answer any TEN questions in 50 words each.

1. What do you mean by incremental reasoning?

2. Brief the concept of discounting.

3. State the importance of capital goods.

4. Mention the assumptions of consumer behaviour.

5. Define ‘Production function’.

6. List out the stages of law of variable proportions.

7. What is cost concept?

8. Mention the types of imperfect markets.

9. Is NNP and national income same?

10. What is included in National Income.

11. What shifts the money supply curve?

12. List out the indicators of economics health?

 SECTION B — (5  6 = 30 marks)

Answer any FIVE questions in 250 words each.

13. Describe how macro and micro economics can be

differentiated.

14. Explain the concept and uses of equilibrium in the

methodology of economics.

15. Write notes on Long run and short run costs.

16. Elaborate the main methods of pricing

17. Describe the three macro economic variables.

18. What are monetary policy tools?

19. Explain the impact of globalization on money

market.

SECTION C — (3  10 = 30 marks)

Answer any THREE questions in 500 words each.

20. Enumerate the nature and scope of managerial

economics.

21. Write a note on consumer equilibrium.

2 P/ID 77929/RMB1E
22. What do you understand by production function
with one variable and two variable input.

23. State and explain the objectives of India’s

economic plan.

24. Explain the advantages of cashless economy and

digitalized cash transfers.

———————

3 P/ID 77929/RMB1E
DECEMBER 2021 P/ID 77929/RMB1E

Time : Three hours Maximum : 80 marks

SECTION A — (10 × 2 = 20 marks)

Answer any TEN questions in 50 words each.

1. Brief the application of Managerial Economics.

2. Write the facet of Micro Economics.

3. What is Point-Price Elasticity?

4. State the purpose of demand forecasting.

5. Name the function that gives technological

relation between quantities of physical inputs and
outputs.

6. What is Duopoly?

7. Write a note on Isocost line.

8. What is an example of perfect competition?

9. List out Macro economic variables.

10. What do you understand by nominal GDP?

11. What is Foreign Capital?

12. How does commodity market works?

 SECTION B — (5 × 6 = 30 marks)

Answer any FIVE questions in 250 words each.

13. Write the importance of decision making.

14. State the uses of demand curve.

15. State the need for analysis of cost.

16. Mention the reasons for diseconomies of scale.

17. How do you calculate NNP?

18. Narrate the impact of foreign collaboration in

Indian Money market.

19. Explain the role of Fiscal policies in Money

Market.

SECTION C – (3 × 10 = 30 marks)

Answer any THREE questions in 500 words each.

20. List out and explain fundamental concepts

affecting business decisions.

21. Elaborate the major statistical methods used for

demand forecasting.

2 P/ID 77929/RMB1E
22. How does market structure affect pricing?

23. Explain the alternative methods of measuring

National Income.

24. Discuss in detail about the Negative side of

digitalized cash transfers.

———————

3 P/ID 77929/RMB1E
MAY 2022 P/ID 77929/RMB1E

Time : Three hours Maximum : 80 marks

PART A — (10 × 2 = 20 marks)

Answer any TEN questions in 50 words each.

1. What is Decision Science?

2. Write the meaning of economic gain.

3. Why sales forecasting is most passive?

4. State the uses of Input Output analysis.

5. Bring out the three stages of law of variable

proportions.

6. Write short notes on Monopolistic Competition.

7. Why is GDP important in economics?

8. Define “Cost Plus Pricing”.

9. Write the meaning of the term ‘Trough’ in

Business Cycle.
10. When money market equilibrium occurs?
11. Write the meaning of ‘Disinflation’.
12. What money market means?
PART B — (5 × 6 = 30 marks)
Answer any FIVE questions in 250 words each.
13. ‘Managerial Economics is heavily dependent on
statistical methods’ – Do you agree? Brief your
answer.
14. How are marginal cost and marginal revenue
estimated?
15. What are diseconomies of scale?
16. Explain the types of imperfect market.
17. State the difference between GDP and GNP.
18. Write a note on Demand-Pull Inflation.
19. List out the effects on contractionary fiscal policy.
PART C — (3 × 10 = 30 marks)
Answer any THREE questions in 500 words each.
20. ‘Managerial Economics is a fundamental part of
business decisions’ – Discuss.
21. Explain the important exception to the Law of
Demand.

2 P/ID 77929/RMB1E
22. Discuss the properties of production Isoquants.

23. Enumerate the difficulties in measuring national

income.

24. Describe the dimensions of globalization.

––————————

3 P/ID 77929/RMB1E
DECEMBER 2022 P/ID 77929/RMB1E

Time : Three hours Maximum : 80 marks

SECTION A — (10 × 2 = 20 marks)

Answer any TEN questions in 50 words each.

1. What is analytical problem solving?

2. Define the term “Opportunity Cost”.

3. Write the meaning of “Competitive Demand”.

4. When Consumer Equilibrium Occurs?

5. What is “Economic Rent”?

6. Write short note on Duopoly Market Structure.

7. State the equilibrium relation between Income,

Savings and National Income.

8. List out the key macro economic variables.

9. What is Hyper Inflation?

10. Write the functions of Money Market.

11. What is Contractionary Fiscal Policy?

12. Mention the Causes of Deflation.

 SECTION B — (5 × 6 = 30 marks)
Answer any FIVE questions in 250 words each.
13. Brief the subject matter of managerial Economics.
14. State the implications of opportunity cost in
business Decisions.
15. What is meant by Band Wagon effect? Give an
example.
16. Summarize the relationship between demand for
output and demand for a single input.
17. State the problems of GNP measurement.
18. Write a note on Cost-Push Inflation.
19. State the need and forms of Foreign Capital.

SECTION C — (3 × 10 = 30 marks)

Answer any THREE questions in 500 words each.

20. Write how managerial economics provide a
framework for decision making.
21. Why economists prefer to speak in terms of
demands rather than needs?
22. Explain Cobb-Douglas production function.
23. Discuss the Concept of NNP.
24. Write the pros and cons of Cashless economy.
———————

2 P/ID 77929/RMB1E