Answer the following questions.
Question 1) Explain meaning and applications of Managerial Economics.
Question 2) Describe the Types of Demand.
Question 3) Examine the significance and methods of Demand Forecasting.
Question 4) Discuss the concept and types of Elasticity of Demand. Explain the degree of Elasticity of Demand.
Question 5) Describe price-output determination under monopolistic market conditions.
Question 6) Discuss the concept of Production Function as a Graph.
Question 7) Discuss in brief:
(i) Ramsey Pricing
(ii) Peak-load Pricing
(iii) Economies of scale
(iv) Oligopoly
Question 8) Describe the economic theory of a firm.
Question 9) Describe the Behavioural Theory of Firm
Question 10) Write down the important theories of Profit.
Question 11) Describe the Marris’s Theory of Managerial Enterprise
Question 12) Explain the National Income Aggregates
Question 13) Baumols’ Model of Sales Revenue Maximisation.
Question 14) Explain the obstacles for economic growth of a country.
Question 15) Discuss the causes and effects of inflation.