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    Economic Ques

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    Yasodha Chithu
    Managerial economics is the application of economic theory and methodology to managerial decision making. It analyzes how managers can create the most efficient combination of inputs to produce goods and services. Some key topics covered in managerial economics include discriminating monopoly, cost concepts, profit measures, market structures, pricing decisions, forecasting, and production functions. Managerial economics draws on principles of microeconomics, mathematics, statistics, and accounting to inform business management and strategy.

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    Economic Ques

    Uploaded by

    Yasodha Chithu
    29 views2 pages
    Managerial economics is the application of economic theory and methodology to managerial decision making. It analyzes how managers can create the most efficient combination of inputs to produce goods and services. Some key topics covered in managerial economics include discriminating monopoly, cost concepts, profit measures, market structures, pricing decisions, forecasting, and production functions. Managerial economics draws on principles of microeconomics, mathematics, statistics, and accounting to inform business management and strategy.

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    Managerial economics is the application of economic theory and methodology to managerial decision making. It analyzes how managers can create the most efficient combination of inputs to produce goods and services. Some key topics covered in managerial economics include discriminating monopoly, cost concepts, profit measures, market structures, pricing decisions, forecasting, and production functions. Managerial economics draws on principles of microeconomics, mathematics, statistics, and accounting to inform business management and strategy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    29 views2 pages

    Economic Ques

    Uploaded by

    Yasodha Chithu
    Managerial economics is the application of economic theory and methodology to managerial decision making. It analyzes how managers can create the most efficient combination of inputs to produce goods and services. Some key topics covered in managerial economics include discriminating monopoly, cost concepts, profit measures, market structures, pricing decisions, forecasting, and production functions. Managerial economics draws on principles of microeconomics, mathematics, statistics, and accounting to inform business management and strategy.

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    Define Management Economic. Discuss the nature and scope of Managerial economics.

    Q.3 What do you mean by discriminating monopoly. Explain the price and output determination is discriminating monopoly. Q. 4 Write short note on:(i) Opportunity cost
    1. Replacement and Historical cost 2. Incremental costs and Sunk costs 3. Past and Future cost 4. Short run vs Long run Costs. Q. 5 Distinguish between Accounting Profit and Economic Profit Q. 6 Write short note on break even analysis Q.7 What factors do you think affect Price elasticity of demand? Q.8 What is oligopoly? Explain price rigidity under oligopoly in terms of kinked demand curve Q.9 Explain the pay back Period method of Project appraisal. Describe its merits and limitations Q. 10 Define cross elasticity of demand Q.11 How does monopolistic competition differs from perfect competition? Illustrate with some example Q. 12 Explain the cost-Plus method of pricing. What are its limitations? Q. 13 What are the different classifications of market structure> Discuss their characteristics. Q. 14 How would a monopolist fix his Price and output? Explain with diagrams. Q.15 There are two firms in an industry. Profits of each are dependent on both its output and the output of its rival, thus Q.16 From the following data you are required to calculate breakeven point and net sales value at this point: Q.17 Discuss the various managerial uses of estimated Production function. Q.18 What are the criteria of a good forecasting method? Q. 19 Explain how Managerial Economics is related to Economics, Mathematics, Statistics and Accounting.

    Q. 20. Explain important economic theories which are applied to Managerial Economics.
    . 68 Critically examine Keynesian Theory of Trade Cycle.

    ory of Trade Cycle.

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