PART-A
1. Define
managerial economics?
2. What is meant by
micro economics analysis?
3. Define
determinants of demand?
4. What are two
kinds of consumer expectations?
5. Define market
demand?
6. What are actual
costs opportunity costs?
7. What are
accounting costs and economic costs?
8. What is
competition in pricing strategy?
9. What are the
external factors influencing the précising decisions?
10. What is meant
by income statement?
PART-B
11.(a)scope and
significance of economics in decisions making? (16)
(or)
(b)what are the various economics tools
and explain to techniques?(16)
12.(a)function of
production? Factors influencing production?
(16)
(or)
(b)features of monopoly and mono plastics?
(16)
13.(a)determinants
of elasticity of supply.(16)
(or)
(b)explain to cob-douglas production
function?
(16)
14.(a)Briefly
explain about
(i) national output concept
(ii)GDP
(iii)GNP
(iv)NNP
(16)
(or)
(b)What are the various methods of
measuring national income? (16)
15.(a)What is mean
by value of money?what are the objectives and instruments? (16)
(or)
(b)what are the types of commercial banks
and its functions?
(16)
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