University Of Pune Question Paper
B.H.M.C.T. (Eight Semester) EXAMINATION, 2012
804 : MANAGERIAL ECONOMICS
(2005 PATTERN)
Time : Three Hours Maximum Marks : 70
N.B. :— (i) Question No. 1 is compulsory.
(ii) Answer any three from Q. No. 2 to Q. No. 6.
1. Explain the following (any five) : [10]
(i) Law of supply
(ii) Duopoly
(iii) Macro Economics
(iv) Production function
(v) Demand
(vi) Plant
(vii) Utility.
2. (a) Discuss the various types of elasticity of demand. [10]
(b) Why does the demand curve usually slope downwards to the
right ? [10]
3. (a) “Choice is the root cause of economic problem.” Explain with
reference to Prof. Lionel Robbin’s definition of Economics. [10]
(b) Write a short note on features and significance of Managerial
Economics. [10]
4. (a) Explain the law of Diminishing Marginal Utility and enlist any
four examples to the law. [[10]
(b) Distinguish between Perfect competition and Monopolistics
competition. [10]
5. (a) Explain the law of variable proportions. [10]
(b) Write a short note on determinants of supply. [10]
6. (a) List the different markets in imperfect competition and explain
the features of oligopoly. [10]
(b) Explain the importance of Micro-Economics. [10]
B.H.M.C.T. (Eight Semester) EXAMINATION, 2012
804 : MANAGERIAL ECONOMICS
(2005 PATTERN)
Time : Three Hours Maximum Marks : 70
N.B. :— (i) Question No. 1 is compulsory.
(ii) Answer any three from Q. No. 2 to Q. No. 6.
1. Explain the following (any five) : [10]
(i) Law of supply
(ii) Duopoly
(iii) Macro Economics
(iv) Production function
(v) Demand
(vi) Plant
(vii) Utility.
2. (a) Discuss the various types of elasticity of demand. [10]
(b) Why does the demand curve usually slope downwards to the
right ? [10]
3. (a) “Choice is the root cause of economic problem.” Explain with
reference to Prof. Lionel Robbin’s definition of Economics. [10]
(b) Write a short note on features and significance of Managerial
Economics. [10]
4. (a) Explain the law of Diminishing Marginal Utility and enlist any
four examples to the law. [[10]
(b) Distinguish between Perfect competition and Monopolistics
competition. [10]
5. (a) Explain the law of variable proportions. [10]
(b) Write a short note on determinants of supply. [10]
6. (a) List the different markets in imperfect competition and explain
the features of oligopoly. [10]
(b) Explain the importance of Micro-Economics. [10]
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