Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) 1st Semester (First Semester) R17 2018 July 741AB Business Economics Previous Question Paper
Code No: 741AB
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA I Semester Examinations, June/July-2018
BUSINESS ECONOMICS
Time: 3 hours Max.Marks:75
Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A.
Part B consists of 5 Units. Answer any one full question from each unit. Each question
carries 10 marks and may have a, b, c as sub questions.
PART - A 5 ? 5 Marks = 25
1.a) Describe the role of a managerial economist in an industrial unit. [5]
b) Explain the determinants of demand. [5]
c) Describe the relationship between Isoquants and Isocosts. [5]
d) Examine the salient features of Monopoly. [5]
e) What is Fiscal Policy? And explain its significance. [5]
PART - B 5 ? 10 Marks = 50
2.a) Define Business Economics and explain its Nature and Scope.
b) Explain the salient features of ?Business Decision Making Process?. [5+5]
OR
3.a) What is Incremental Value? Explain its significance in Business Economics.
b) Define discounting principle and explain its salient features. [5+5]
4.a) What is demand? And explain the law of demand and its limitations.
b) Explain different types of elasticity and significance of elasticity of demand. [5+5]
OR
5. Describe the need for demand forecasting and explain ?Opinion Survey? method of
demand forecasting. [10]
6.a) What is Production function? And explain the significance of Marginal Rate of
Technical Substitution.
b) Describe the salient features of ?Economics of Scale?. [5+5]
OR
7.a) What is ?Long-run Average Cost Curve?? And explain its importance.
b) Explain the importance of cost concepts in the Business Economics and outline the
determinants of costs. [5+5]
8.a) Explain the price-output determination in Monopolistic Competition.
b) Why Oligopoly type of market emerged? And describe its salient features. [5+5]
OR
9.a) Briefly explain any three Pricing Strategies.
b) What is Product Life Cycle? And explain its significance in price fixation. [5+5]
R17
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Code No: 741AB
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA I Semester Examinations, June/July-2018
BUSINESS ECONOMICS
Time: 3 hours Max.Marks:75
Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A.
Part B consists of 5 Units. Answer any one full question from each unit. Each question
carries 10 marks and may have a, b, c as sub questions.
PART - A 5 ? 5 Marks = 25
1.a) Describe the role of a managerial economist in an industrial unit. [5]
b) Explain the determinants of demand. [5]
c) Describe the relationship between Isoquants and Isocosts. [5]
d) Examine the salient features of Monopoly. [5]
e) What is Fiscal Policy? And explain its significance. [5]
PART - B 5 ? 10 Marks = 50
2.a) Define Business Economics and explain its Nature and Scope.
b) Explain the salient features of ?Business Decision Making Process?. [5+5]
OR
3.a) What is Incremental Value? Explain its significance in Business Economics.
b) Define discounting principle and explain its salient features. [5+5]
4.a) What is demand? And explain the law of demand and its limitations.
b) Explain different types of elasticity and significance of elasticity of demand. [5+5]
OR
5. Describe the need for demand forecasting and explain ?Opinion Survey? method of
demand forecasting. [10]
6.a) What is Production function? And explain the significance of Marginal Rate of
Technical Substitution.
b) Describe the salient features of ?Economics of Scale?. [5+5]
OR
7.a) What is ?Long-run Average Cost Curve?? And explain its importance.
b) Explain the importance of cost concepts in the Business Economics and outline the
determinants of costs. [5+5]
8.a) Explain the price-output determination in Monopolistic Competition.
b) Why Oligopoly type of market emerged? And describe its salient features. [5+5]
OR
9.a) Briefly explain any three Pricing Strategies.
b) What is Product Life Cycle? And explain its significance in price fixation. [5+5]
R17
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10.a) What are the reasons behind the 1991 industrial policy resolution? And explain its main
features.
b) What is Monetary Policy? And explain its significance. [5+5]
OR
11.a) Why Export-Import Policy is important for a country?s economic development.
b) What is F D I? And explain its contribution in India?s economic development. [5+5]
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This post was last modified on 23 October 2020