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University of Madras (UoM)

University of Madras (UoM)

Syllabus

Test Papers

Permission for writing BE/BTech/BArch/ME Exams

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MA Economics - Managerial Economics
Managerial Economics
October 2003
P/IC 192/PCE

Time: Three hours
Maximum: 100 marks

SECTION-A (5x8=40 marks)
 Answer any FIVE questions.
All questions carry equal marks.
Each answer should not exceed 300 words.

1. Explain the goals of the firm according to managerial theories.

2. Discuss demand forecasting for capital and consumer groups.

3. Distinguish between laws of returns and returns to scale.

4. Describe the concept and features of price leadership.

5. Explain skimming vs penetration price strategies.

6. Point out the logic behind control of concentration of economic power.

7. Enumerate different factors that determine advertisement budget.

8. Write a note on capital budgeting principles.

SECTION-B (3x20=60 marks)
Answer any THREE questions.
All questions carry equal marks.
Each answer should not exceed 1,200 words.

9. Discuss Brain’s limit pricing theory.

10. Examine non-price competition under monopolistic market structure. Illustrate group equilibrium.

11. Comment on industrial licensing policy. Would you agree with liberalization strategy? Why?

12. Examine principles and strategies of profit management.

13. Account for recessionary trends in demand. How does business respond to recession?
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