Summer / May 2012
Master of Business Administration
Semester I
MB0042 – Managerial Economics - 4 Credits
(Book ID: B1131)
Assignment
Set- 1 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1. Distinguish between a firm and an industry. Explain the equilibrium of a firm and industry under perfect competition.
Q2. Give a brief description of
a. Implicit and explicit cost
b. Actual and opportunity cost
Q3. A firm supplied 3000 pens at the rate of Rs 10. Next month, due to a rise of in the price to 22 rs per pen the supply of the firm increases to 5000 pens. Find the elasticity of supply of the pens.
Q4. What is monetary policy? Explain the general objectives and instruments of monetary policy
Q5. Explain in brief the relationship between TR, AR, and MR under different market condition.
Q6. What is a business cycle? Describe the different phases of a business cycle.
Summer / May 2012
Master of Business Administration
Semester I
MB0042 – Managerial Economics - 4 Credits
(Book ID: B1131)
Assignment
Set- 2 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1. Discuss the various measures that may be taken by a firm to counteract the evil effects of a trade cycle.
Q2. Define the term equilibrium. Explain the changes in market equilibrium and effects to shifts in supply and demand.
Q3. What do you mean by pricing policy? Explain the various objective of pricing policy of a firm.
Q4. Critically examine the Marris growth maximising model
Q5. Explain how a product would reach equilibrium position with the help of ISO - Quants and ISO-Cost curve
Q6. Suppose your manufacturing company planning to release a new product into market, Explain the various methods forecasting for a new product.
Master of Business Administration
Semester I
MB0042 – Managerial Economics - 4 Credits
(Book ID: B1131)
Assignment
Set- 1 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1. Distinguish between a firm and an industry. Explain the equilibrium of a firm and industry under perfect competition.
Q2. Give a brief description of
a. Implicit and explicit cost
b. Actual and opportunity cost
Q3. A firm supplied 3000 pens at the rate of Rs 10. Next month, due to a rise of in the price to 22 rs per pen the supply of the firm increases to 5000 pens. Find the elasticity of supply of the pens.
Q4. What is monetary policy? Explain the general objectives and instruments of monetary policy
Q5. Explain in brief the relationship between TR, AR, and MR under different market condition.
Q6. What is a business cycle? Describe the different phases of a business cycle.
Summer / May 2012
Master of Business Administration
Semester I
MB0042 – Managerial Economics - 4 Credits
(Book ID: B1131)
Assignment
Set- 2 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1. Discuss the various measures that may be taken by a firm to counteract the evil effects of a trade cycle.
Q2. Define the term equilibrium. Explain the changes in market equilibrium and effects to shifts in supply and demand.
Q3. What do you mean by pricing policy? Explain the various objective of pricing policy of a firm.
Q4. Critically examine the Marris growth maximising model
Q5. Explain how a product would reach equilibrium position with the help of ISO - Quants and ISO-Cost curve
Q6. Suppose your manufacturing company planning to release a new product into market, Explain the various methods forecasting for a new product.