Previous year question paper for ME (MBA 1st)

Managerial economics

Previous year question paper with solutions for Managerial economics from 2007 to 2018

Our website provides solved previous year question paper for Managerial economics from 2007 to 2018. Doing preparation from the previous year question paper helps you to get good marks in exams. From our ME question paper bank, students can download solved previous year question paper. The solutions to these previous year question paper are very easy to understand.

Unit-I

Managerial Economics: Meaning, Nature, Scope & Relationship with other disciplines,

Role of managerial economics in decision Making, Opportunity Cost Principle, Production

Possibility Curve, Incremental Concept. Marginal Analysis: Law of diminishing marginal

utility, Law of equi-marginal utility, Indifference Curve Analysis: Meaning Assumptions

Properties, Consumer Equilibrium, Uses.

Unit-II

Demand Analysis and Theory of Production: Law of Demand: Meaning, Determinants,

Exceptions, Bandwagon and Snob effects, Demand function, Application of demand analysis

in managerial decision making. Elasticity of Demand: Meaning, Types & Degree of

elasticity of demand, Methods of measuring price elasticity of demand, Factors determining

the elasticity of demand, Demand Forecasting: Importance, Scope, Techniques of

forecasting. Theory of Production: Production function, Short run and Long run production, 

Analysis, Isoquants, Optimal combination of inputs, Application in managerial decision

making.

Unit-III

Theory of Cost and Market Structure: Cost Analysis: Cost Concepts and Determinants of

cost, Traditional and Modern Theory of Cost: Long run and Short run, Economy of scale,

Revenue Curve, Market Structure: Price Output Decision under Perfect Competition,

Monopoly, Monopolistic and Oligopoly Competition, Application in Managerial Decision

Making. Behaviour of Firms and Game Theory: Nash Equilibrium, Prisoner‟s Dilemma.

Unit-IV

Macro Economics: Concept of National Income: Conceptual Framework, Measure of

National Income, Methods of Measurements, Phillips Curve, Okun‟s Law and Kuznets

Curve, Classical Keynesian Theory, Investment Multiplier, Balanced Budget and Foreign

Trade Multiplier, Business Cycle: Concepts, Causes, Measures to control through Fiscal

and Monetary Policy, Inflation: Meaning, Types, Theories – Demand and Cost Push

Inflation, Causes, Effects and Cures of Inflation Through Price, Demand and Income Policies 

2018
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2007
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