LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.A. DEGREE EXAMINATION –ECONOMICS
FIFTH SEMESTER – APRIL 2007
RF 38
EC 5402 - MANAGERIAL ECONOMICS
Date & Time: 04/05/2007 / 1:00 - 4:00
Dept. No.
Max. : 100 Marks
Part - A
Answer any FIVE questions in about 75 words each.
1. Define managerial Economics.
2. What is price Discrimination?
3. Differentiate between Prediction and Forecasting?
4. What does dual pricing refer to?
5. State the meaning of opportunity cost?
6. Who is a Monopolist?
7. State the different types of models in economics.
(5 x 4 = 20 marks)
Part – B
Answer any FOUR questions in about 300 words each.
(4 x 10 = 40 marks)
8. Explain the Law of Demand and its exceptions.
9. What are the steps involved in Decision Process?
10. Bring out the features of Perfect Competition.
11. Explain Break Even Analysis.
12. Describe the Product Life Cycle Pricing?
13. Justify Cross Elasticity for the following pairs of goods and determine their algebraic sign.
i) Electricity and Electrical Equipments
ii) Footwear and T-Shirt
iii) Tea and Coffee
14. What are the determinants of investments?
Part – C
Answer any TWO questions in about 900 words each.
(2 x 20 = 40 marks)
15. Explain the Role of a Managerial Economist in the decision-making Process?
16. Elaborate the various methods of Pricing with suitable examples?
17. Price is the weapon to withstand Competition – Justify
18. Explain the various types of elasticity of demand.